How Lincecum did — and did not — match the record for first year arbitration awards

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lincecum_090913.jpgSo did Tim Lincecum’s new deal match the all-time record for first year arbitration players or not?  Well, it depends on who you ask.

I hadn’t realized this before, but I’m told that, for their own particular bookkeeping reasons, the MLBPA
values signing bonuses as applying to the first year of the deal in
their entirety while Major League Baseball prorates them over
the life of the deal. As such, Major League Baseball can — under their own accounting rules — declare victory in the Lincecum deal because, according to them, Tim Lincecum’s contract for 2010 will not match Ryan Howard’s record of $10 million, falling just short with an $8 million salary and a $1 million bonus. The union, however, can claim that Howard’s deal was matched with an $8 million salary and a $2 million bonus.

Ultimately this is all semantics, of course.  Sure, MLB’s construction sort of ignores the time value of money, but we’re only talking about, what, $75K here? Lincecum will probably spend more than that on Bob Marley albums, incense and Taco Bell runs in 2010.

Still, the fact that the numbers came out where they did, thereby allowing this little $10 million game, strongly suggests that the precedential cum political concerns surrounding Lincecum’s arbitration mattered a whole hell of a lot to the people involved.  Which I think is kind of stupid, really, because this should all be about what Tim Lincecum is worth, not the league and the union declaring victory.  But then again, no one asked me.

Rangers sign Josh Hamilton to a minor league deal

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The Texas Rangers have signed Josh Hamilton to a minor league contract with an invitation to spring training.

Not at all surprising. The Rangers released Hamilton last August, but that was simply to make some room on the 40-man roster. His season was already toast due to the surgery he underwent to repair lateral and meniscus cartilage in his left knee which had the added bonus of revealing that he had an ACL injury as well, which required reconstruction. At the time of his release both he and the Rangers made noises about him coming back on a minor league deal in 2017.

Hamilton turns 36 in May. The smart money has it that his big league career is over, but Hamilton would be silly to retire given that he is owed $30 million this coming season. That the Angels are paying $26.41 million of that makes it far less painful for the Rangers as well. If he can hit in the spring, hey, let him DH some and pay him low money. If not, no skin off of anyone’s nose. He can request a release on April 1 if he hasn’t made the big league roster.

A-Rod to host a reality show featuring broke ex-athletes

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Alex Rodriguez’s transition into retirement has featured a serious move into the business world. He has gone back to school, worked seriously on investments and has started his own corporation. Yes, he’s set for life after making more money than any baseball player in history, but even if his bank account wasn’t fat, you get the sense that he’d be OK given what we’ve seen of his work ethic and savvy in recent years.

He’s going to be getting another paycheck soon, though. For hosting a reality show featuring athletes who are not in as good a financial shape as A-Rod is:

Interesting. Hopefully, like so many other reality shows featuring the formerly rich and famous, this one is not exploitative. Not gonna hold my breath because that’s what that genre is all about, unfortunately, but here’s hoping A-Rod can help some folks with this.