Of course the Yankees are going to re-sign Hideki Matsui: he pays for himself

Leave a comment

Via MLB Trade Rumors comes a Tweet from NPB Tracker in which it is claimed that Hideki Matsui’s mere presence on the New York Yankees accounts for “at least” $15 million in annual revenue.  NPB bases this assertion on a report that’s written in Japanese, so it’s hard to say where this figure comes from, but we can spitball it a little, can’t we?

One obvious source of income that would presumably dry up if Matsui leaves are those Japanese language billboards that appear on the Yankee Stadium outfield wall and behind home plate and stuff during games.  I’m not privy to how much revenue those bring, but I do know that the Cubs recently entered into a a five-year, $10.8 million deal with Under Armour to have its logo displayed on the outfield doors at Wrigley Field.

That led to some litigation which at least suggested that the deal wasn’t worth the money to Under Armour (UA wanted out from under the deal, the Cubs sued to keep it in place), so a ~$2 million a year value for that may be high as these things go. At least in Chicago and at least when it doesn’t involve the Japanese market.  Let’s say that the Yankee Stadium ads are worth half again as much as the UA ads are. $3-4 million? I could totally see that.

After that, figure in a few million for Matsui and Yankee merch in Japan.  Then figure in the fact that a bunch more eyes are watching Yankee broadcasts in Japan as well.  Once you start adding these things up, it’s not hard to envision a situation in which, even if Matsui’s contract isn’t totally paid for, it’s heavily subsidized by revenue specific to his presence on the roster.

In the ordinary course it makes little sense to sign a 35 year-old guy who can only DH to a multi-year deal in excess of eight figures annually.  In light of the Matsui-related revenue, however, I’d be shocked if the Yankees didn’t sign the guy.

Tom Glavine and Tagg Romney are interested in purchasing the Marlins

Getty Images
Leave a comment

As it turns out, Derek Jeter isn’t the only former major leaguer interested in the Marlins. Bloomberg’s Scott Soshnick reports that Hall of Fame hurler Tom Glavine has entered the bidding process as part of a group that includes Tagg Romney and several carefully-selected investors. Soshnick adds that Tagg’s father, Mitt Romney, is not part of the bidding process for the Marlins, though Glavine and Romney’s relationship makes an interesting parallel with Derek Jeter and Jeb Bush’s potential partnership during the sale.

According to an unnamed source, current Marlins’ owner Jeffrey Loria is said be fielding offers ranging from $1.2 to $1.3 billion. (To put those figures in perspective, the initial purchase price for the team was $158 million in 2002.) Glavine recently spoke to the Boston Globe’s Nick Cafardo about the bidding process, and revealed that he had been involved in talks about a potential bid since last summer. He also expressed a willingness to step into a leadership role with the Marlins, should the opportunity arise:

I certainly want a role. I’m not going to say I’m the GM, but I know the game pretty well. I understand it. There’s a lot on the business side that I don’t understand, so I’m open-minded about what the best role for me would be and what I like to do the most.

On the one hand, I don’t want to be pompous enough to say I want to step in and run this thing, but at the same time I want to be looking for where I would be best served for the organization if it happens.

Glavine and Romney are currently thought to comprise one of three major parties bidding on the Marlins, including Jeter/Bush and Quogue Capital president Wayne P. Rothbaum.

Athletics acquire Ryan LaMarre from Angels

Getty Images
1 Comment

The Athletics acquired outfielder Ryan LaMarre from the Angels for cash considerations or a player to be named later, per a team announcement on Sunday. In a corresponding move, they placed right-hander Chris Bassitt on the 60-day disabled list and assigned the outfielder to Triple-A Nashville.

LaMarre, 28, signed a one-year contract with the Angels in November, but was designated for assignment last Tuesday in order to clear roster space for veteran catcher Juan Graterol. He batted .268/.375/.341 with two extra base hits and four stolen bases through 10 games in Triple-A Salt Lake.

The outfielder has not seen a major league assignment since 2016, when he appeared in six games with the Red Sox (three times in the outfield and once on the mound) and went 0-for-5 with a walk. He’s expected to give the A’s some depth in the minors and will join Andrew Lambo, Matt McBride, Kenny Wilson and Jaycob Brugman in Nashville’s outfield.