Why players can't own a piece of the team

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Employee owenrship.gifI’ve always known that players can’t hold equity stakes in their teams due to the Basic Agreement (see paragraph 4(c) on p. 213 of this massive document), but I never knew why.

Today, however, Kevin Goldstein of Baseball Prospectus explains. Once upon a time Rogers Hornsby got a cut of the Cardinals, was traded to the Giants, and quickly found his ownership stake to be a conflict of interest. And it got worst when he went to divest, as the Cardinals tried to lowball him, leading to everyone in the National League having to chip in to buy him off.  As a result of all of that, the rule was passed and has been incorporated into player contracts and/or the Basic Agreement ever since.

The only exception: players can take a stake in the team with special approval of the Commissioner.  Goldstein speculates whether or a team could give a chunk of the team to a player with language built in to deal with any Hornsby-esque conflicts of interest and have it approved by Selig. He dismisses it almost immediately, however, which is probably sensible given that it’s not likely to ever happen.

The only thing I’d add is the notion of maybe offering a player a chunk of a team — or at least the option to buy a chunk of the team — that doesn’t vest until retirement.  I kind of doubt that would ever happen, though, because it would require something akin to financial transparency for baseball teams and they really, really hate that.

Rangers to sign James Loney to minor league deal

SAN FRANCISCO, CA - AUGUST 21: James Loney #28 of the New York Mets tosses to first base against the San Francisco Giants during the second inning at AT&T Park on August 21, 2016 in San Francisco, California.  The New York Mets defeated the San Francisco Giants 2-0. (Photo by Jason O. Watson/Getty Images)
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Free agent first baseman James Loney has reportedly signed a minor league deal with the Rangers, per FanRag Sports’ Jon Heyman. The deal includes an invite to spring training and a $1 million salary if he makes the major league roster in 2017.

Loney picked up a one-year stint and starting role with the Mets in 2016, slashing .265/.307/.397 with nine home runs in 336 PA. While his numbers were down a hair from the .280/.322/.357 batting line he produced with the Rays in 2015, he provided the Mets with a necessary, if underwhelming upgrade over an injured Lucas Duda through most of the season.

The 32-year-old infielder is expected to have some competition at first base, with at least five other candidates in the mix: Jurickson Profar, Ronald Guzman, Ryan Rua, Joey Gallo and Josh Hamilton. Rumor has it that the team is planning on platooning Rua and Profar in 2017, barring any impressive breakouts or injuries during spring training, though Loney could still provide the club with some veteran depth and a decent left-handed bat off the bench.

Report: Tyson Ross not expected to pitch in April

SAN DIEGO, CA - SEPTEMBER 29:  Tyson Ross #38 of the San Diego Padres pitches during the first inning of a baseball game against the Milwaukee Brewers at Petco Park September 29, 2015 in San Diego, California.  (Photo by Denis Poroy/Getty Images)
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Comments from an anonymous team official suggest that Rangers right-hander Tyson Ross will not be expected to join the rotation until May or June, per a report from Jeff Wilson of the Fort Worth Star-Telegram. Both Ross and GM Jon Daniels favor a conservative approach for the 29-year-old as he works his way back up to full health after undergoing surgery last October to relieve thoracic outlet syndrome.

The delay is reportedly being implemented so that Ross will be have the strength and stamina to contribute during the stretch run. Per Daniels:

We would rather err on a little extra time up front with the goal being to finish strong, pitching in big spots, meaningful games down the stretch and hopefully past 162.

Ross signed a one-year deal with the team on Thursday after pitching through an injury-riddled season with the Padres in 2016. If all goes according to plan, he’ll slot into a rotation that includes Yu Darvish, Cole Hamels, Andrew Cashner and Martin Perez. The Rangers are expected to narrow down their fifth starter alternatives in spring training.