Dead Money in MLB?

[bsfins]

I know in the NFL there is some dead money,that gets accounted for against your cap....(You release a player,and you're still paying part of his salary according to the the cap)

I know the Cubs are paying for a payer or two that's not on the Cubs roster,is there somelace I can look to see how much?

I brought this up,because I just got done reading an article about the Cubs re-signing Jim Hendry to a 4 year deal,but with the bad econemy,and the team's ownership in flux,we may not be able to spend much in free agency,or re sign Ryan Dempster,or Kerry Wood...(unless we move a big contract...(Bye Bye Jason Marquis,Kosuke Fukudome,Bob Howry,I'd prefer to move Alfonso Soriano Personally)

[MaineDolFan]

Dead money generally doesn't come in to play with a team's current plans because those contracts are usually insured -- the clubs generally pay pennies on the dollar on the actual amounts owed (and the insurance company picks up the rest).

Good example is Carl Pavano - a lot was made of Carl.  The Yankees paid less than 5% of his contract while he was rehabbing, the rest was picked up by a carrier.  Same thing with Curt Schilling this past year for Boston.

There are rare occasions, of course, but generally dead contracts don't alter teams directions all that much.  It's the ones on the books that steer the path.

[EDGECRUSHER]

Pavano didn't cost the Yankees much because he wasn't on the field. Guys like Carlos Silva and Barry Zito who stayed healthy but continued to suck killed their teams.