Derek Jeter: Yankees owner

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jeter.jpgKevin Kernan thinks that Derek Jeter’s future is in ownership:

The Yankees need to find a way to make Derek Jeter a Yankee for Life.
There’s really only one way. At some point the Steinbrenner family
would have to take him into the ownership group . . . Jeter is set on being an owner when his playing days are done.
Without specifically talking about the Yankees, Jeter told The Post
yesterday that being an owner is “definitely a goal of mine.”

First thought: why do the the Yankees need to find a way to make Jeter a Yankee for life? He’s important, sure, but I think the Yankees are more important to him than he is to them. The team has done just fine without making Babe Ruth, Joe DiMaggio, Yogi Berra, Mickey Mantle, or Reggie Jackson an owners, so I tend to think they’ll survive just fine if they were to hold the line at “special assistant to the general manager” or “spring training instructor” when it comes to Derek Jeter’s future role with the team.

But let’s say all parties are interested in Derek Jeter being an owner. How would that work?

There was a time not too long ago when the Yankees’ ownership club wasn’t the most exclusive in the world. George Steinbrenner was only one of many notables in the original ownership group that purchased the Yankees from CBS in 1973. Included were guys like financier Lester Crown (who still holds a stake), Football legend Lamar Hunt’s brother Nelson, and John DeLorean of all people.  There were a lot of smaller investors from here in Columbus, Ohio, one of whom was a nice old lady who used to be a client of mine. She had Yankee stuff all over her house and used to joke with people that she was going to fire Joe Torre whenever the Yankees beat the Indians as, business aside, they were her true rooting interest.

In recent years the Steinbrenners have either bought out the minority owners or had their shares revert to their control upon death or what have you.  But that doesn’t mean that they can’t let someone like Derek Jeter into the club.  It would just take a (likely token) capital investment and some paperwork.

But it wouldn’t be meaningful ownership. According to Forbes, the Yankees are worth $1.5 billion, and at that price it would cost Jeter way more than he can afford* in order to get a significant stake for himself. And of course, the majority shareholders — the Steinbrenners — are hands-on owners to say the least, so there’s no way they would ever give a minority shareholder real ownership responsibility the way the Giants do, for example.

So if Jeter simply wants to say that he owns a chunk of the Yankees I’m sure that can be arranged. If he really wants to act like an owner some day, however, he’d do better to put together a group of investors himself and buy the Royals or something.

*Kernan mentions Michael Jordan’s recent ascension to owner of the Charlotte Bobcats as an example that Jeter could follow. Worth noting, of course, that the Bobcats are worth less than 1/5 of what the Yankees are worth, and that Michael Jordan has probably made a billion dollars since he left UNC.  Jeter, in contrast, makes something less than $30 million a year in salary and endorsements. Not too shabby, but not the kind of dough you’d need to be able to so much as make decisions regarding office supplies for Yankees headquarters.

Sean Doolittle: “Refugees aren’t stealing a slice of the pie from Americans.”

ANAHEIM, CA - JUNE 25:  Sean Doolittle #62 of the Oakland Athletics pitches during the ninth inning of a baseball game against the Los Angeles Angels of Anaheim at Angel Stadium of Anaheim on June 25, 2016 in Anaheim, California.  (Photo by Sean M. Haffey/Getty Images)
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In the past, we’ve commented on Athletics reliever Sean Doolittle and his girlfriend Eireann Dolan’s community service. In 2015, the pair hosted Syrian refugee families for Thanksgiving and their other charitable efforts have included LGBTQ outreach and help for veterans.

Athletes and their significant others have typically avoided stepping into political waters, but Doolittle and Dolan have shown that it’s clearly no concern to them. In the time since, the Syrian refugee issue has become even more of a hot-button issue and Doolittle recently discussed it with Mike DiGiovanna of the Los Angeles Times.

I think America is the best country in the world because we’ve been able to attract the best and brightest people from all over the world. We have the smartest doctors and scientists, the most creative and innovative thinkers. A travel ban like this puts that in serious jeopardy.

I’ve always thought that all boats rise with the tide. Refugees aren’t stealing a slice of the pie from Americans. But if we include them, we can make the pie that much bigger, thus ensuring more opportunities for everyone.

Doolittle, of course, is referring to Executive Order 13769 signed by President Trump which sought to limit incoming travel to the United States from seven countries: Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen. A temporary restraining order on the executive order was placed on February 3, a result of State of Washington v. Trump.

Doolittle spoke more about the plight refugees face:

These are people fleeing civil wars, violence and oppression that we can’t even begin to relate to. I think people think refugees just kind of decide to come over. They might not realize it takes 18-24 months while they wait in a refugee camp. They go through more than 20 background checks and meetings with immigration officers. They are being vetted.

They come here, and they want to contribute to society. They’re so grateful to be out of a war zone or whatever they were running from in their country that they get jobs, their kids go to our schools, they’re paying taxes, and in a lot of cases, they join our military.

Around this time last year, Craig wrote about Doolittle and Dolan not sticking to baseball. They’re still not, nor should they be. Hopefully, the duo’s outspokenness inspires other players and their loved ones to speak up for what’s right.

[Hat tip: Deadspin’s Hannah Keyser]

Russell Martin is not a fan of the automatic intentional walk

CLEVELAND, OH - OCTOBER 15:  Russell Martin #55 of the Toronto Blue Jays reacts after being struck out in the fourth inning against the Cleveland Indians during game two of the American League Championship Series at Progressive Field on October 15, 2016 in Cleveland, Ohio.  (Photo by Elsa/Getty Images)
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On Tuesday, it was announced that Major League Baseball instituted a new rule allowing for a dugout signal in order to issue an intentional walk rather than having the pitcher throw four pitches wide of the strike zone. It’s commissioner Rob Manfred’s attempt to help improve the game’s pace of play.

As Sportsnet’s Shi Davidi reports, Blue Jays catcher Russell Martin is certainly not a fan of the change.

My thing is, if they really want to speed up the game, then when a guy hits a home run, to speed up the game should a guy, just like in softball, when he hits it, should he just walk to the dugout? It’d be quicker. I’m just wondering, at what point do we just keep the game, the game? Or, how about this calculation: take all the intentional walks that were made in the last couple years and calculate – or maybe just ask to see if they have that information, to see if they really did their homework. Is it really that important to speed up the game (with this rule)? Because how many games did we play last year where we didn’t have one intentional walk? That’s something I’d like to know.

Martin also expressed concern that eliminating the four-pitch intentional walk will hurt teams’ ability to buy time for their relievers to warm up.

It’s called getting your bullpen ready so the guy doesn’t blow out his arm on the mound. Speed up the game, speed up the game.’ How about we just give guys – the human being – time to warm up on the mound after maybe something’s happened in the game? I’m not a manager, but I’m just trying to put myself in the position of a manager. OK, we’re up by one run or two runs and our bullpen’s been taxed and we’re trying to save their arms, and then the other team walks, ball gets away, guy gets to second base. When the coach visits the mound to talk to his player, it’s not like the player necessarily needs somebody to talk to him.

It’s because the guy (in the bullpen) needs time to warm up, man. It’s the same thing when you throw over to first base, like, eight times in a row. It’s not like we’re trying to keep the guy close. The guy maybe has two stolen bases in 18 years. It’s because the guy needs time to warm up. At what point does that become a problem with guys warming up in the bullpen? Sometimes it’s just strategy to give guys a little bit of time to warm up.

The Jays’ backstop then said he’d prefer if Manfred were honest about the intent behind this rule change and others which have been proposed. Martin said, “Save it. I’m tired of hearing that same lame excuse all the time. Just be honest. If they’re honest about it, we’ll get over it. But don’t hide behind the fans.”

We should be hearing from a handful of players about the new intentional walk rule in the coming days. I can’t imagine the rule is very popular among the players.