Adam Wainwright's contract with the St. Louis Cardinals has been put on hold because it violates the maximum-cut rule, and the pitcher will have to become a free agent before the agreement can be finalized, people familiar with the deal told The Associated Press.
St. Louis announced the agreement with the 37-year-old right-hander on Oct. 11. He has finished a $97.5 million, five-year contract that paid $19.5 million annually.
Under baseball's labor contract, his guaranteed salary could not be reduced by more than 20 percent if he remains on the roster continuously. That means he would have to be guaranteed at least $15.6 million.