The simple answer is release him. But in baseball nothing is simple for the Angels.
Here are some factors that I think have to be considered before the majority will get their wish.
Blanton is owed $8.5 million, $7.5 million this season, and $1 million buyout for 2015. From my estimated opening salary, the Angels sit at around $147.9 million right now. More importantly, due to chatter that the Angels don't want to get in the competitive balance tax area, the Angels are at an estimated $155.9 million, with the tax kicking in at $189 million. That leaves an average annual value of $33.1 million that we can spend.
The needs of the team are 2 starting pitchers and 2-3 relievers.
Starter:
Weaver
CJ
Open
Open
Richards
Reliever:
Frieri
De La Rosa
Burnett
Jepsen (Open)
Open
Open
Williams
Now you have to look at, can Blanton fill a starting pitcher, or reliever roll? As a starter, Blanton posted a 5.66 ERA/1.59 WHIP last season. As a reliever, Blanton posted a 8.64 ERA/1.74 WHIP over 8 appearances.
But can he get better? His career average is a 4.51 ERA/1.36 WHIP. So say you throw out last season, and that he can hit Career norms. This will be the baseline of who can you get in the offseason to improve the club.
The pursuit of a closer. Say the Angels go and get a closer. A good closer will cost about $10 million. The Beard probably around $7 million. That would leave $26.1 million - $23.1 million to spend on 2 starters and one-two relievers. Vargas at a 4.02 ERA/1.39 WHIP will probably be asking $10-12 million. So to fit under the budget, getting a good closer, would probably mean having Blanton as either a starter or one of the relievers.
The pursuit of 2 starters in free agency. You want to improve the team, so going off the 4.34 ERA/200 IP method I put in this thread (with caveats), you come up with:
So for just 2013
Bartolo Colon James Shields Ervin Santana A.J. Burnett Ubaldo Jimenez Hiroki Kuroda Ricky Nolasco Andy Pettitte Jon Lester Bronson Arroyo Scott Feldman Tim Lincecum
And for 2011-2013
James Shields Hiroki Kuroda Tim Hudson Ervin Santana Dan Haren A.J. Burnett Jon Lester Tim Lincecum Jason VargasBronson Arroyo Ricky Nolasco Joe Saunders
So assuming a good reliever will cost between $3-5 million (Burnett was $3.5 million for the first season, and he was one of the tops in FA relievers for the class) depending on if you need 2 or 3, that will put it at $6-$10 million up to $9-$15 million. So you would have $27-$23 million to $24-$18 million to spend. So you can get 2 starting pitchers, and 2 relievers and effectively cut Blanton.
Trades to improve the team right now. Say you trade away some offense to help the team right now. Problem is going to be this. Pitching is at a premium right now. You will have to pay premium to get a good pitcher. Teams will not trade a good pitcher away if they have to pay any of their salary. So if someone wants Cliff Lee, the Phillies will not pay a dime of what is owed Lee. So your net is always going to get you closer to the Tax threshhold.
So, a Bourjos will bigger hit to the tax, because Bourjos is estimated to only get $1.1 million in arbitration. Trumbo would net the Angels a mid amount at $4.7 million. And Kendrick and Aybar would be a $8.3 to a $8.7 million.
So taking Lee as an example. His Competitive Balance tax hit would be $24 million. But with Bourjos the tax hit would be a net $22.9 million. For Trumbo, it would be $19.3 million. For Kendrick and Aybar it would be $15.7 to 15.3 million. This would then leave from $10.2 million to $17.8 million left to spend on 2-3 relievers and 1 more starter. This type of move would probably be countered with Blanton taking a starting spot.
There are probably other trades. But you have to balance it with tax considerations, along with benefit. For instance, you could trade Trumbo for a reliever and solve one spot. But overall, that would be the stupidest move you could make, because you can get a premier reliever in FA'cy for $5 million, you cannot get a power hitter in FA'cy for $5 million. Or you could trade a position player for a 2015 FA. And that's the Grienke risk.
Trades to improve the team with prospects. This one is pretty simple. See the pursuit of 2 starters in free agency, and then add a weaker offense.
It'll be interesting what moves the Angels make in the coming months. Because what moves we make, and aren't able to make will have a big say on if Blanton is on the opening day roster.