President Obama compares Bank CEO salaries to ballplayer salaries

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Obama’s smooth. Look how he slams Carlos Zambrano and Vernon Wells without even mentioning their names:

President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.

The president, speaking in an interview, said in response to a question that while $17 million is “an extraordinary amount of money” for Main Street, “there are some baseball players who are making more than that and don’t get to the World Series either, so I’m shocked by that as well.”

Paul Krugman predictably goes nuts, arguing that unlike bankers in this day and age, ballplayers aren’t beholden to taxpayers and the government. Krugman lives in New York, I presume. Guess he doesn’t get up to the Bronx or over to Queens very often, because there sit a couple billion dollars worth of public largess that does indeed benefit the ballplayers and the men who employ them. And that’s before you get to the government-granted antitrust exemption.

But that’s a nit, I suppose, because I generally agree that bank CEO pay is horrifying. It’s just that when it comes to criticizing it with baseball analogies I’d take a different approach than Krugman does. For example, I might note that in baseball, unlike in banking, you get punished for gambling.

(thanks to Pete Toms for the links)

Blue Jays sell Triple-A MVP Matt Hague to Japanese team

Matt Hague Blue Jays
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Matt Hague got a cup of coffee in Toronto this year after winning the International League MVP, but the 30-year-old first baseman/third baseman found a better opportunity in Japan and the Blue Jays have sold him to the Hanshin Tigers.

Hague hit .338 in 136 games at Triple-A this past season and is a career .301 hitter in eight minor-league seasons overall, but his lack of power limits his opportunities in the majors and he’s received a grand total of 91 plate appearances as a big leaguer.

Ben Nicholson-Smith of Toronto Sportnet reports that the sale price for Hague is $300,000, which goes to the Blue Jays. And then Hague will no doubt sign a deal for a lot more than he could have earned at Triple-A and perhaps more than the MLB minimum salary.

Diamondbacks trade Allen Webster to the Pirates

Allen Webster
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The Arizona Diamondbacks just announced that have traded righty Allen Webster to the Pirates for cash considerations.

Webster, who turns 26 in February, was DFA’d by the Dbacks a few days ago. He pitched in nine games, starting five, in 2015, posting a 5.81 ERA and a K/BB ratio of 17/20 (eww) in 31 innings. Before that he pitched 89.1 innings for the Red Sox over two years with numbers not too terribly more impressive than that.

Yankees “have let teams know” Ivan Nova is available

New York Yankees starting pitcher Ivan Nova reacts during second inning where he gave up 6 runs to the Toronto Blue Jays in Game 2 of a doubleheader baseball game at Yankee Stadium, Saturday, Sept. 12, 2015, in New York. (AP Photo/Kathy Kmonicek)
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Joel Sherman of the New York Post reports that the Yankees “have let teams know Ivan Nova is available” in trade.

Nova returned from Tommy John elbow surgery in May to throw 94 innings with a 5.07 ERA and will be a free agent after the 2016 season, so it’s tough to imagine his trade market being particularly robust.

Despite that, Sherman writes that the Yankees “are not selling low” on Nova and might try to package him with other players to bring back a young starting pitcher under team control for multiple seasons. In other words, they’d like to trade Nova for a pitcher who can step into his rotation spot in 2016 and beyond.

Nova has had some good years in New York, but he’s 29 years old with a career 4.33 ERA and just 6.7 strikeouts per nine innings. He’s more middle-of-the-rotation starter than front-line starter and even that might be in question following elbow surgery.

Mariners working on trade for Marlins outfielder Marcell Ozuna

Marcell Ozuna

All offseason there have been reports that the Marlins are looking to trade 25-year-old outfielder Marcell Ozuna because he’s fallen out of favor with the organization and specifically owner Jeffrey Loria.

And now Jerry Crasnick of reports that the Mariners “are working on a trade” for Ozuna, speculating that they’re offering a starting pitcher such as Nate Karns or Roenis Elias. Marlins beat writer Joe Frisaro says “nothing is imminent” with an Ozuna trade but “everything is subject to change.”

Karns or Elias alone would seem like a light return for Ozuna, who’s hit .265 with 36 homers and a .727 OPS through 346 career games as a big leaguer and put up good numbers in the minors. He’s a plus defensive corner outfielder with 25-homer power under team control through 2019. There’s value there, whether Loria likes him or not.

But then again if the Marlins are dead set on parting ways with Ozuna perhaps new Mariners general manager Jerry Dipoto is taking advantage by swooping in with a mediocre offer. Or maybe that was the initial proposal and the Marlins are currently holding out for James Paxton or Taijuan Walker?