Angels trade 1B-DH Morales to Seattle for Vargas

The Los Angeles Angels got the pitching depth they wanted. The Seattle Mariners got the power-bat they so desperately needed.
Two foes in the AL West found a way to work together Wednesday when the Angels traded switch-hitting slugger Kendrys Morales to the Seattle Mariners for left-hander Jason Vargas, filling needs for both teams.
The 29-year-old Morales became expendable after the Angels agreed to a deal last week with free agent slugger Josh Hamilton. The Angels had been looking for a pitcher after losing Zack Greinke and Dan Haren to free agency and trading Ervin Santana.
The Angels added a left-hander to their rotation, while Seattle got a hitter that can instantly take a spot in the middle of its order.
"We were going to try and come up with some type of offense and I think this worked out in a positive way," Seattle general manager Jack Zduriencik said. "Both players are at the end of their contracts."
Getting Vargas reunites the lefty with his former Long Beach State teammate Jered Weaver at the top of the Angels' rotation. The duo played college ball together in 2004 and now will be counted on in helping make the big money the Angels spent on Hamilton and Albert Pujols last season pay off.
"I'm back home in California now," Vargas said. "It's perfect."
Vargas grew up in Southern California where his father coached high school baseball. He used to watch his second cousin, infielder Randy Velarde, play for the Angels in the late 1990s.
Vargas led Seattle in wins last season, going 14-11 with a 3.85 ERA and pitched a career-high 217 1-3 innings. The 29-year-old is 36-42 with a 4.09 ERA in four years with the Mariners.
"Jason was what we were looking for on the market this year: just a steady reliable left-hander who can go out there. He's got a history of pitching a high volume of innings and clearly I think we make ourselves a little bit better just in that we don't have to face him because he's given us fits," Angels general manager Jerry Dipoto said. "So we're thrilled to make the deal. We feel like this makes us a better, more complete and balanced team."
In his career, Vargas is 5-4 with a 2.65 ERA and 66 strikeouts in 85 innings pitched against the Angels.
A flyball pitcher, Vargas is excited to have an outfield that includes Rookie of the Year Mike Trout and Hamilton.
"Those guys out there behind me is outstanding," he said.
Morales hit .273 with 22 home runs and 73 RBIs last season after missing the entire 2011 season after breaking his leg early in 2010 while celebrating a game-ending grand slam against the Mariners. Morales was at his best later in 2012, hitting .275 with 11 homers, 28 RBIs and an OPS of .827 over the final two months. Among its regular starters, no Seattle hitter had an OPS higher than .738 for the 2012 season.
Morales said his leg got progressively stronger through last season and has felt 100 percent during offseason workouts.
"It's allowing me to work this offseason for the first time since about two years back," Morales said through an interpreter. "Following workouts and what I'm doing, I'm feeling no pain, no inflammation. So at this point I would say I feel 100 percent."
Morales could quickly become the most productive hitter in the Mariners lineup. He would have led Seattle in home runs and been second in RBIs last season and could be even more potent with the Mariners bringing the fences closer in the outfield.
In 34 career games at Safeco Field, Morales is a .292 hitter with a .904 OPS, seven home runs and 23 RBIs.
"I thought it was a situation where we could acquire a middle of the lineup bat, and a switch hitter. And here is a guy who played in this division, here is a guy who knows the American League. I thought that was really good," Zduriencik said.
Zduriencik said the conversations with Dipoto became serious on Tuesday morning and the deal was wrapped up by midday on Wednesday.
The acquisition of Morales will instantly boost Seattle's offense but also creates a log-jam of with catcher/designated hitter Jesus Montero and first baseman Justin Smoak. Morales started just 28 games at first base last season, but Zduriencik said they are confident he could play in the field. He's also hopeful that Montero comes to spring training ready to be the everyday catcher.
"As long as we create competition and as long as we have these pieces in spring training we'll see what happens," Zduriencik said. "I don't have the exact answer. We've certainly talked about a lot of scenarios and feel very comfortable that there will be enough at-bats to go around for all these guys but at the end if you've added a piece that you think makes your club better, that's just better."
Morales and Vargas each are eligible for salary arbitration and can become free agents after next season. Morales made $2,975,000 and Vargas $4.85 million last year.
___

Read More..

Baseball-Ichiro reaches deal to return to Yankees

Dec 19 (Reuters) - Japanese outfielder Ichiro Suzuki has agreed a deal to return to the New York Yankees worth a reported $13 million over two years.
The 39-year-old was traded to the Yankees in July after playing his first 12 Major League seasons with the Seattle Mariners. He thrived in New York, hitting .322 in 67 regular season games.
A 10-times All Star and former league MVP, Suzuki has 2,606 career hits.
"The Yankees are the kind of team that I always envisioned being a part of," Suzuki said in a statement. "Everyone in the world of competition has a strong desire to win, but the Yankees also have an atmosphere where losing is not an option.
"I believe the Yankees organization appreciates that there is a difference between a 39-year-old who has played relying only on talent, and a 39-year-old who has practiced, prepared meticulously and thought carefully about their craft through the experience they have gained."
News of the deal comes after reports Suzuki was growing impatient with the pace of negotiations, though Yankees General Manager Brian Cashman explained the team had prioritized securing their pitching staff before dealing with the other positions.

Read More..

AP source: Polanco reaches agreement with Marlins

A person familiar with the negotiations says third baseman Placido Polanco has agreed to terms with the Miami Marlins.
The person spoke to The Associated Press on condition of anonymity Thursday because the Marlins hadn't announced a deal.
Polanco, 37, battled injuries this year and hit .257 with two home runs and 19 RBIs in 90 games with Philadelphia. The 15-year veteran is a career .299 hitter with 103 homers.
The deal solidifies the Marlins' lineup following an offseason payroll purge. Other projected starters include Logan Morrison at first base, Donovan Solano at second, Adeiny Hechavarria at shortstop, Jeff Brantly at catcher, Giancarlo Stanton in right field, Justin Ruggiano in center field and Juan Pierre in left field.

Read More..

Placido Polanco agrees to $2.75M deal with Marlins

 Former All-Star third baseman Placido Polanco agreed to a $2.75 million, one-year contract Thursday with the Miami Marlins, plugging the final hole in the team's projected lineup following a payroll purge.
The 37-year-old, who can earn an additional $250,000 in performance bonuses, battled injuries this year and hit .257 with two home runs and 19 RBIs in 90 games with the Philadelphia Phillies. The 15-year veteran is a career .299 hitter with 103 homers.
Other projected starters include Logan Morrison at first base, Donovan Solano at second, Adeiny Hechavarria at shortstop, Jeff Brantly at catcher, Giancarlo Stanton in right field, Justin Ruggiano in center field and Juan Pierre in left field.
Hanley Ramirez played 90 games at third this year for Miami before being traded in July. That was part of the salary purge by the Marlins, who pared $146.5 million in future payroll when they swung a trade last month that sent former NL batting champion Jose Reyes, former NL ERA leader Josh Johnson and left-hander Mark Buehrle to Toronto.
The Marlins have a projected 2013 payroll of about $45.75 million. Their payroll on opening day this year was $112 million, not including money received in the Carlos Zambrano trade, but the team finished last in the NL East and drew smaller crowds than expected in its new ballpark.
Polanco was chosen to start in the All-Star game for the second time in 2011, but went only 10 for 58 (.172) after June 30 this year. The Phillies declined a $5.5 million option on Polanco after the season, and he received a $1 million buyout.
Polanco was the 2006 AL championship series MVP for Detroit, and he also played for St. Louis. He has 2,044 hits, and he has won two Gold Gloves at second base and one at third.
A native of the Dominican Republic, Polanco has a home in Miami and attended Miami-Dade Community College.

Read More..

Never-say-die Giants cap season of surprises

- The never-say-die San Francisco Giants' rousing drive to the World Series title capped a year of surprises, sensational individual achievements and big-name doping controversies in Major League Baseball (MLB).
Miguel Cabrera of the pennant-winning Detroit Tigers claimed the first Triple Crown sweep of the American League's (AL) major offensive categories in 45 years by slugging 44 home runs with 139 runs batted in, while batting .330.
San Francisco's Matt Cain, Phillip Humber of the Chicago White Sox and Felix Hernandez of the Seattle Mariners put their names in the record books with perfect games, a remarkable triple considering the total of 23 perfectos since Lee Richmond threw MLB's first recorded one in 1880 for Worcester.
Los Angeles Angels outfielder Mike Trout had one of the best rookie seasons ever, hitting 30 home runs, 83 RBIs, batting .326 and leading MLB with 49 stolen bases to finish runner-up to Cabrera in the AL Most Valuable Player (MVP) voting at age 21.
Those feats marked 2012 as a special year, with the Giants' rise to the top providing the crowning touch.
San Francisco fought off elimination six times during the playoffs, overcoming a 2-0 deficit with three straight road wins in the best-of-five Division Series against the Cincinnati Reds, and battling back from 3-1 down against the 2011 champion St. Louis Cardinals to reach the World Series.
VENEZUELA POWER
In the Fall Classic against the Tigers, the Giants served immediate notice they would no longer play from behind.
Stocky third baseman Pablo Sandoval, nicknamed Kung Fu Panda, powered home runs in his first three at-bats to kick-start San Francisco on their way to a four-game sweep.
Venezuela's Sandoval, saluted by Venezuelan president Hugo Chavez via Twitter, joined Babe Ruth, Reggie Jackson and Albert Pujols as the only players with three homers in a World Series game.
Giants catcher Buster Posey, 25, returned from a home plate collision that aborted his 2011 season to win National League (NL0 MVP honors.
It was also a banner year for Venezuelan players.
Sandoval won the World Series MVP award, following compatriot Marco Scutaro, who was MVP of the National League Championship Series for San Francisco.
Cabrera claimed the American League MVP award and in addition to the perfect game by fellow-Venezuelan "King Felix" Hernandez, countryman Johan Santana of the Mets threw the first no-hitter by a Mets pitcher in their half-century of existence.
SERIOUS CONCERNS
The Tigers had reached the World Series by sweeping the New York Yankees, who had some serious concerns going forward.
Yankees captain Derek Jeter fractured his ankle diving for a ball at shortstop in the series against Detroit, and slugging third baseman Alex Rodriguez, who suffered through an abysmal postseason, was found after the season to need hip surgery that will sideline him for half the 2013 season.
Making the Giants' climb to the top even more unlikely was the loss of outfielder Melky Cabrera, who was hit with a 50-game suspension in August for testing positive for testosterone while leading the majors with a .346 batting average.
A week later starting pitcher Bartolo Colon (10-9) of the Oakland Athletics, across the bay from San Francisco, also received a 50-game ban for testosterone.
The loss of Colon did not impede the Athletics either, as they rode a rotation that featured four rookie pitchers all the way to AL West title over two-time champion Texas Rangers.
The Baltimore Orioles gave the AL a second Cinderella team, as they reached the postseason for the first time in 15 years, reversing a 69-93 2011 record, and knocked out Texas in this season's debut of a wildcard playoff game.
The Washington Nationals reached the playoffs for the first time in their eighth season in the U.S. capital and posted the best record in the majors with 98 wins.
DOPING ISSUES
Even before the season started, doping was a prominent talking point as NL MVP Ryan Braun of the Milwaukee Brewers was found to have tested positive for a performance enhancing drug.
However, Braun won an appeal against an automatic suspension by proving that his urine test had been mishandled.
Doping news also grabbed attention after the season when Hall of Fame ballots went out with Barry Bonds and Roger Clemens listed as candidates for the first time.
Bonds, a seven-time NL MVP and the all-time career and single season home run king, and seven-time Cy Young winning pitcher Clemens would ordinarily be first-ballot shoo-ins, but a cloud of doping suspicion hovers over both of them and turns the vote into a referendum on the taint of the Steroids Era.
The year closed with some tantalizing prospects for the new season.
The big-spending Los Angeles Dodgers added top free agent pitcher Zack Greinke to MLB's biggest payroll, the Toronto Blue Jays opened their wallets to take on high-priced talent from the economizing Miami Marlins, and the Los Angeles Angels signed premier slugger Josh Hamilton to fortify their lineup.

Read More..

Tax filing delay looms if no fix for minimum tax: IRS

The top U.S. tax collector warned on Thursday of a delayed start to 2013's tax season if Congress fails to reset the alternative minimum tax (AMT) on high-income taxpayers so that it does not sweep in millions of middle-income people.
Without another adjustment by lawmakers soon to the AMT, "many of us will see a delayed filing season," said Steven Miller, named just last month as Internal Revenue Service acting commissioner.
Miller did not give an exact date by which Congress must approve an AMT "patch" to prevent a delay to the tax season, which is scheduled to begin on January 22.
"We don't have any drop-dead time in mind," Miller told reporters after a speech at a conference in Washington.
But his remarks came on a day of continued stalemate in Washington between Democrats and Republicans over what to do about the "fiscal cliff" approaching at the end of the year.
The AMT is a crucial part of the assorted tax increases and automatic spending cuts that make up the so-called "cliff," a convergence of events that, absent congressional action, threatens to plunge the U.S. economy back into recession.
"Many people don't realize that they could potentially face a significantly delayed filing season and a much bigger tax bill for 2012," if the AMT is not dealt with, Miller said.
"In programming our systems, the IRS has assumed that Congress will patch the AMT as Congress has for so many years.
"And I remain optimistic that the fiscal cliff debate will be resolved by the end of the year. If that turns out not to be the case, then what is clear is that many of us will see a delayed filing season," Miller said.
The AMT is a tax intended to make sure that at least some tax is paid by high-income people who otherwise could sharply reduce or eliminate their regular income tax bills through using tax loopholes. About 4 million people annually pay the AMT.
Unlike the regular income tax, the AMT is not indexed for inflation. So the thresholds that determine who must pay the tax have to be regularly raised. This prevents the AMT from hitting middle-class people whose incomes may have crept upward on the back of inflation, but who are not wealthy.
Congress last patched the AMT in late 2010. Without another patch, the AMT could hit as many as 33 million people for the 2012 tax year, according to the IRS.
Democratic Senator Charles Schumer of New York said on Thursday he is "hopeful" that the AMT problem will be fixed with a broader "fiscal cliff" resolution before December 31.
Republicans in Congress may see the AMT as leverage in their "fiscal cliff" negotiations with President Barack Obama and the Democrats.
The IRS might have until mid-January to implement an AMT patch and still start the tax season on time, if Congress approves the fix as expected, said Richard Harvey, a tax professor at Villanova University and a former IRS official.
The AMT "is a ticking time bomb that is going to go off some time in January," Harvey said.

Read More..

Oregon governor says Nike plans to hire thousands

Sporting goods giant Nike plans to expand its operations in Oregon and hire as many as 12,000 new workers by 2020 but wants the government to promise it won't change the state tax code, prompting a special session of the Legislature.
Gov. John Kitzhaber said he'll call lawmakers together Friday in Salem to create a new law authorizing him to grant Nike's wish.
The governor did not release information about the company's expansion plans but the $440 million project would create 2,900 construction jobs with an annual economic impact of $2 billion a year.
Nike Inc. has its headquarters in Beaverton. Company officials could not immediately be reached.
The Legislature is due to meet in its regular annual session beginning Jan. 14, but Kitzhaber said Nike needed certainty sooner. The company was being wooed by other states, he said.
"Getting Oregonians back to work is my top priority," Kitzhaber said in a news conference.
Either the governor or the Legislature itself can call lawmakers into session at times other than the state Constitution specifies.
For much of the state's history, the Legislature's regular sessions have been held every other year, at the beginning of odd-numbered years. That's the kind of session the Legislature is scheduled to begin early next year.
In recent years, the Legislature has moved to meet annually, running test sessions of briefer sessions in even-numbered years. Those led to voter approval of a constitutional amendment in 2010 that called for annual sessions.
Records list 38 special sessions since Oregon's statehood, ranging from one day on eight occasions to 37 days in 1982.

Read More..

Oregon governor says Nike plans expansion

 Nike wants to expand its Oregon operations and hire hundreds of workers but is asking the government to promise it won't change the state tax code.
Gov. John Kitzhaber (KIHTS'-hah-bur) says he'll call the Legislature into session Friday to create a law to give Nike its wish.
The company has not specified its expansion plans except to say it would create at least 500 jobs and $150 million in capital investment over five years.
Nike Inc. has its headquarters in Beaverton, outside Portland. Company officials could not immediately be reached for comment.
It employs 44,000 people globally, including 8,000 in Washington County.
Nike has been selling off brands and making other moves to focus on its most profitable businesses, which include its namesake Nike brand, Jordan, Converse and Hurley.

Read More..

Report: Most Pakistani lawmakers do not file taxes

The majority of Pakistani lawmakers do not file tax returns despite a legal requirement to do, a report said Wednesday, reinforcing concerns about the low level of tax revenue in the country.
Pakistan has one of the lowest tax-to-GDP rates in the world because payment is not well enforced, and major areas of the economy, such as the agriculture sector, are either taxed at very low rates or not at all.
Around two-thirds of the country's 446 lawmakers failed to file tax returns in 2011, the latest data available, said the report, co-published by the Center for Investigative Reporting in Pakistan and the Centre for Peace and Development Initiatives.
A similar percentage of the government's 55 Cabinet members also failed to file returns, said the report, titled "Representation Without Taxation." Among those politicians who failed to file a return was Pakistani President Asif Ali Zardari.
Even lawmakers who filed returns often paid very low amounts of tax on outside income. The lowest-paying lawmaker who filed a return, Senator Mushahid Hussain, paid less than $1 in taxes, said the report.
The figures do not take into account the tax paid by lawmakers on their official salaries, which is automatically deducted. It instead focuses on declarations of supplemental income from land, businesses and other sources of revenue.
Analysts have said that the country's effective tax rate is so low because a small elite, comprised of the military, land owners and the rising urban upper and middle classes is reluctant to give up any of its wealth. These groups either put pressure on lawmakers or are the lawmakers themselves.
"End result is the erosion of public trust in the government that is frequently blamed for serving the interests of the rich and powerful at the expense of the poor and low-income groups," the report said.

Read More..

Pennies over patriotism? Stars move to tax havens

 France's Socialist government is introducing a 75-percent income tax on those earning over €1 million ($1.3 million), leading some of the country's rich and famous to set up residency in less fiscally demanding countries.
Here's a look at some big names in France and elsewhere whose changes of address over the years have meant lighter taxes.
DEPARTING DEPARDIEU
The French prime minister has accused actor Gerard Depardieu of being "pathetic" and "unpatriotic," saying he set up residence in a small village just across the border in neighboring Belgium to avoid paying taxes in France.
The office of the mayor in Depardieu's new haunts at Nechin, also known as the "millionaire's village" for its appeal to high-earning Frenchmen, said that for people with high income, like Depardieu, the Belgian tax system, capped at 50 percent, is more attractive.
Depardieu, who has played in more than 100 films, including "Green Card" and "Cyrano de Bergerac," has not commented publicly on the matter.
BEATLE TAX
In 2005, the Beatles' Ringo Starr took up residency in Monaco, where he gets to keep a higher percentage of royalties than he would in Britain or Los Angeles. France's tiny neighbor Monaco, with zero percent income tax for most people, has obvious appeal for the 72-year-old drummer and his estimated $240 million fortune.
The Beatles' resentment of high taxes goes back to their 1960s song "Taxman." George Harrison penned it in protest of the British government's 95 percent supertax on the rich, evoked by the lyrics: "There's one for you, nineteen for me."
Harrison reportedly said later, "'Taxman' was when I first realized that even though we had started earning money, we were actually giving most of it away in taxes."
LICENSE TO DODGE?
Former "James Bond" star Sean Connery left the U.K. in the 1970s, reportedly for tax exile in Spain, and then the Bahamas — another spot with zero income tax and one of the richest countries per capita in the Americas. His successor to the 007 mantle, Roger Moore, also opted for exile in the 1970s — this time in Monaco — ensuring his millions were neither shaken nor stirred.
EXILE ON MAIN ST.
In 1972, The Rolling Stones controversially moved to the south of France to escape onerous British taxes. Though it caused a stink at the time, it spawned one of the group's most seminal albums, "Exile on Main St." The title is a reference to their tax-dodging. In 2006, British media branded them the "Stingy Stones" with reports that they'd paid just 1.6 percent tax on their earnings of $389 million over the previous two decades.
FISCAL HEALING
In 1980, U.S. singer Marvin Gaye moved to Hawaii from L.A. to avoid problems with the Internal Revenue Service, the American tax agency. Later that year, Gaye relocated to London after a tour in Europe. Gaye, whose hits include "Sexual Healing" and "I Heard it Through the Grapevine" settled in Belgium in 1981. He was shot to death in 1984.

Read More..