Interesting story about Red Sox owner John Henry’s
approach to insurance on player contracts. Seems that back when he
owned the Marlins Henry had a really bad experience dealing with an
insurance company while trying to make a claim on an Alex Fernandez.
So he’s now eschewing insurance on player contracts and is doing two
The philosophy would seem to explain the Red Sox’ desire in some case
to protect themselves without the use of insurance when it came to some
free agent contracts, such as J.D. Drew, John Lackey, and what was
attempted in the case of Jason Bay. The the thinking is if there is
some problems with a pre-existing ailment in the latter years of the
contract than the financial structure would change.
According to Bay, the approached factored in two-fold when the Red Sox’
final offer was made. The outfielder said that not only did the Sox’
want to have the final year of the four-year contract proposal
contingent on health, but he also relayed that the Sox would agree to
get insurance but only if the player paid half (which would have come
out to a total of $2 million).
sum up: Henry’s bad experience with an insurance company has caused him
to (1) take a hard line on pre-existing conditions; and (2) demand
large deductibles. In light of this, it would seem that in the case of the Red Sox anything an insurance company could do would be redundant.
Diamondbacks’ right-hander Tyler Jones is headed back to the Yankees, the teams announced on Friday. The Diamondbacks had previously selected Jones in the Rule 5 draft last December, but elected to leave the 27-year-old off of their 40-man roster heading into the 2017 season. Rule 5 draft rules stipulate that when a player is not kept on the receiving team’s roster, the player must be offered back to his original team.
Jones signed a minor league contract with the Yankees prior to the 2016 season. He pitched to an impressive 2.17 ERA, 2.2 BB/9 and 13.2 SO/9 over 45 2/3 innings with Double-A Trenton, but was unable to make the leap to Triple-A or beyond during his stay with the organization.
Jones’ outlook with the Diamondbacks appeared slightly more promising. GM Mike Hazen described the righty as a power arm with a “good fastball and power curveball” after selecting him in the Rule 5 draft, and early reports indicated that Jones would be in the mix for a bullpen spot. A rough spring performance — underscored by his lack of experience at the Triple-A and major league levels — undid most of that confidence, however, and the Diamondbacks weren’t willing to keep him on the active roster throughout the entire 2017 season in order to acquire his control rights.
Jones is set to open the season with Triple-A Scranton/Wilkes-Barre, per a report from the Yankees.
Yahoo Sports’ Tim Brown reports that Derek Norris is signing with the Tampa Bay Rays.
Norris was released by the Nationals nine days ago, made redundant by the Nats’ signing of Matt Wieters and by everyone sliding down a notch on the depth chart below him. Norris hit only .186/.255/.328 with 14 home runs and a .528 OPS for the Padres in 2016.
Still, there always seems to be a place for a backup catcher. For Norris that place is Tampa Bay.