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)
Jeff Passan of Yahoo Sports reports that the Marlins are expected to trade shortstop Adeiny Hechavarria in the next few days.
Hechavarria, 28, is currently on a rehab assignment for a strained left oblique. It’s the second time this season he’s hit the sidelines with an oblique injury. Hechavarria is also hitting a disappointing .277/.288/.385 over 67 plate appearances, which is marginally better than his career averages.
While the Marlins are shopping Hechavarria at depressed value, there are two factors that give him value: he still plays good defense, and he’s under team control through the 2018 season. Passan does estimate that Hechavarria will see a pay raise from $4.3 million this season to $6-7 million next season in his third and final year of arbitration eligibility.
Passan adds that while the Marlins aren’t yet willing to shop outfielders Christian Yelich and Marcell Ozuna, relievers A.J. Ramos, David Phelps, and Kyle Barraclough are being made available.
George Springer has been a dynamo out of the leadoff spot for the high-powered Astros this year, hitting 21 homers and driving in 46. He also leads the league in leadoff homers. Today, however, his leadoff appearance was short and ignominious.
Facing Jesse Hahn and the A’s in the Oakland Coliseum for a matinee, Springer was hit in the left hand on the game’s fifth pitch. Watch:
He went down to the dirt and was attended to by trainers before leaving the game. On the way off the field he threw his helmet in disgust. Oftentimes that sort of frustration comes from a player who knows he’s injured. How serious an injury is unknown at the moment. We’ll keep you posted.
Jake Marisnick pinch ran for Springer and came around to score. The Astros lead the A’s 2-0.