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Report: With $140 million payroll, Angels all capped out

Anaheim Angels owner Arte Moreno and general manager Tony Reagins wait while three-time all-star Vernon Wells puts on his new jersey at a news conference in Anaheim

Anaheim Angels owner Arte Moreno (L) and general manager Tony Reagins (R) wait while three-time all-star Vernon Wells puts on his new jersey at a news conference in Anaheim, California January 26, 2011. The Angels acquired Wells in a trade last Friday with the Toronto Blue Jays. REUTERS/Alex Gallardo (UNITED STATES - Tags: SPORT BASEBALL)

REUTERS

Angels owner Arte Moreno is done spending for the moment, sources told Mark Saxon of ESPNLosAngeles.com. According to the report, Moreno has told GM Tony Reagins he won’t be allowed to take on any additional salary this summer.

Including the $12 million they’re paying Scott Kazmir and the $11.4 million due to Gary Matthews Jr. in the final season of his 68-year deal, the Angels are spending just over $140 million on a 33-37 team this year.

$18 million of that is going to their big winter acquisition, Vernon Wells. However, Wells is hitting just .193/.235/.317 with six homers and 16 RBI in 171 at-bats for his new club.

The Angels are also paying $8.8 million to relievers Scott Downs and Hisanori Takahashi after signing them as free agents. Downs has been exceptional, but he has served two stints on the DL. Takahashi has a 4.08 ERA and isn’t much more than a mop-up man at the moment (18 of his last 19 appearances have come in Angels losses).

Despite their struggles, the Angels are still very much in the AL West race. They’re just three games back of the Rangers, who have lost five in a row. However, without reinforcements, they’ll be at a definite disadvantage as the year goes on. They have little pitching depth beyond their current rotation, and while their offense could get a little better if Wells and Torii Hunter rebound, the team doesn’t figure to finish any higher than ninth or 10th in the AL in runs (it’s 11th right now).