The Hall of Fame: it's all about the money

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Next time you hear Hall of Famers spout off about how the steroids cheats should be kept out, keep in mind that it may very well be more than the alleged integrity of the institution that they’re
protecting. Being inducted into the Hall of Fame can mean lots and lots of cash:

On the day Mr. Gossage’s election was announced, in mid-January
2007, I spent several hours with him and his agent, Andrew Levy. Their
cellphones never stopped ringing. Mr. Gossage bantered with George
Brett, Joe Torre and other baseball friends who called to offer
congratulations. Meanwhile, Mr. Levy furiously fielded business offers.
“Until now, he’s been getting between $7,500 and $10,000 per speech,”
Mr. Levy told me. “Today, his price just tripled.” The Goose had laid a
golden egg . . .

. . . In recent years the money pot has grown as the Hall of Fame,
which produces and markets its own line of merchandise, has been forced
to give 30% of the profits to its inductees. According to Marvin
Miller, very likely the world’s greatest expert on baseball economics,
this helps explain why the Veterans Committee, composed of Hall of
Famers, consistently refuses to exercise its mandate to elect
previously overlooked old-timers. “Nobody wants to dilute the value of
his stock,” Mr. Miller told me.

And it’s not as if it’s only the people on the inside who are treating
this like a business. As the article notes, the most famous of those on
the outside looking in — Ron Santo, Bert Blyleven, the estate of
Shoeless Joe Jackson and Davy Concepcion — all have what amounts to
professional lobbying and P.R. representation working for them.
Jackson’s heirs, the article tells us, can expect a boost of of a half
million bucks a year in marketing opportunities if and when he’s ever
inducted. Joe Morgan isn’t even the craziest guy out there campaigning
for Concepcion: “The government of Venezuela hired Washington lobbyist
Tim Gay to mount a Hall of Fame campaign for Hugo Chávez’s favorite
shortstop, Dave Concepcion.”

Given this weekend’s Hall of Fame induction ceremonies, you’re going
to hear a ton about this allegedly august institution. About who is
outside looking in. About who deserves to be there and who doesn’t.
About how allowing Barry Bonds and his fellow travellers in would
simply corrupt the place. Don’t take it seriously. Because while the
Hall of Fame is a great museum, the Hall of Fame induction game is a
business like anything else, and it’s owed just as much reverence as
Wal-Mart, Google, Congress or any other useful yet ultimately
self-interested institution.

(Thanks to Neate Sager for the link)

Dodgers sign Rich Hill to a three-year, $48 million deal

LOS ANGELES, CA - OCTOBER 18:  Rich Hill #44 of the Los Angeles Dodgers pitches in the first inning against the Chicago Cubs in game three of the National League Championship Series at Dodger Stadium on October 18, 2016 in Los Angeles, California.  (Photo by Harry How/Getty Images)
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The Dodgers have signed lefty Rich Hill to a three-year, $48 million contract.The deal was reported to be imminent over the weekend, but was finalized today following Hill’s physical.

Hill missed a good deal of time in 2016 with blister issues — and he’ll be 37-years-old on Opening Day — but when he was healthy he was fantastic, posting the best season in his 12-year career. He had a a 2.12 ERA and 129 strikeouts in 110.1 innings between the Athletics and Dodgers.

Along with a healthy Clayton Kershaw a maturing Julio Urias and Kenta Maeda, the Dodgers rotation looks to be a strength in 2017.

UPDATE: Giants agree to a deal with Mark Melancon

LOS ANGELES, CA - OCTOBER 10:  Mark Melancon #43 of the Washington Nationals reacts after the final out as the Nationals defeat the Los Angeles Dodgers 8-3 in game three of the National League Division Series at Dodger Stadium on October 10, 2016 in Los Angeles, California.  (Photo by Jeff Gross/Getty Images)
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UPDATE: Buster Olney reports that a deal is in place pending a physical. The financial terms are not yet known. UPDATE: Joel Sherman of the New York Post hears it’s in the four-year, $62 million range. That will make him, temporarily at least, the highest-paid closer in baseball history.

12:15 PMKen Rosenthal reports that the San Francisco Giants are close to a deal with closer Mark Melancon.

Melancon had an outstanding 2016, posting a 1.64 ERA, 2.42 FIP and a 5.42 K/BB rate in 71.1 innings while saving 47 games for the Pirates and Nationals. You may recall that the Giants had a strong interest in Melancon last summer. It was a well-founded interest given the bullpen woes which waylaid San Francisco in the second half of last season and continued on into the playoffs.

The terms of the apparently impeding deal will be known soon enough, but Rosenthal reported yesterday that Melancon was fielding offers in the four-years, $60 million range. That’s a lot for a closer, but it’ll probably look like a bargain compared to the deals signed with the other two top closers on the market, Aroldis Chapman and Kenley Jansen. Some have speculated that Chapman could get a deal closer to $100 million than $50 million, though that seems optimistic.

What the past couple of seasons have shown, however, is that having a top bullpen will get you very, very far in Major League Baseball. Champan may have been gassed at the end of Game 7, but he was essential to the Cubs’ World Series title. Powerful bullpens gave the Royals a title in 2015 and the Indians an AL pennant this past year. A weak one was, obviously, the Giants’ achilles heel.

Their great need at the back end of the pen, according to Rosenthal’s report, is apparently about to be filled.