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.

What’s on Tap: Previewing Tuesday’s action

DENVER, CO - JULY 20:  Starting pitcher Chris Archer #22 of the Tampa Bay Rays delivers to home plate during the third inning against the Colorado Rockies at Coors Field on July 20, 2016 in Denver, Colorado. (Photo by Justin Edmonds/Getty Images)
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Chris Archer will take the mound for the Rays on Tuesday night at Dodger Stadium, opposing Dodgers right-hander Bud Norris in a 10:10 PM EDT start. It’s convenient that what could be Archer’s final start could be right in front of the team with which he eventually lands.

A rival executive told ESPN’s Jayson Stark last week that he believes there’s a “70 percent” chance Archer winds up with the Dodgers. It makes sense, as Archer is arguably the best pitcher — current won-lost record and ERA aside — available heading into the August 1 non-waiver trade deadline. The Dodgers need an impact pitcher if the club is to keep pace in the NL West and the NL Wild Card races. Entering Tuesday’s action, the Dodgers are 56-44, 2.5 games behind the first-place Giants and holding the first of two Wild Card slots.

The Dodgers, notably, are without Clayton Kershaw, who is dealing with mild disk herniation in his lower back and may require surgery. Hyun-Jin Ryu landed on the disabled list earlier this month after making his only start of the season. Alex Wood underwent an elbow procedure recently and may rejoin the team in mid- to late-September.

Archer is 5-13, with the 13 losses leading all major league starters. He also has an uninspiring 4.60 ERA, but his total of 147 strikeouts is best in the American League. ERA retrodictors like FIP, xFIP, and SIERA believe Archer is anywhere from much better to significantly better than his ERA indicates.

Not that the Dodgers are pinching pennies, but Archer is also relatively affordable through as late as 2021. He’s earning $2.75 million this season, $4.75 in 2017, 6.25 million in ’18, and $7.5 million in ’19. He also has a $9 million club option for 2020 with a $1.75 million buyout and an $11 million club option for ’21 with a $250,000 buyout.

The rest of Tuesday’s action…

St. Louis Cardinals (Carlos Martinez) @ New York Mets (Noah Syndergaard), 4:05 PM EDT [Game One]

St. Louis Cardinals (Jaime Garcia) @ New York Mets (Bartolo Colon), TBD [Game Two]

Colorado Rockies (Chad Bettis) @ Baltimore Orioles (Chris Tillman), 7:05 PM EDT

Seattle Mariners (Felix Hernandez) @ Pittsburgh Pirates (Francisco Liriano), 7:05 PM EDT

San Diego Padres (Andrew Cashner) @ Toronto Blue Jays (Marcus Stroman), 7:07 PM EDT

Chicago Cubs (Kyle Hendricks) @ Chicago White Sox (James Shields), 7:10 PM EDT

Detroit Tigers (Mike Pelfrey) @ Boston Red Sox (Steven Wright), 7:10 PM EDT

Philadelphia Phillies (Jerad Eickhoff) @ Miami Marlins (Tom Koehler), 7:10 PM EDT

Washington Nationals (Gio Gonzalez) @ Cleveland Indians (Danny Salazar), 7:10 PM EDT

Oakland Athletics (Sonny Gray) @ Texas Rangers (Nick Martinez), 8:05 PM EDT

Arizona Diamondbacks (Patrick Corbin) @ Milwaukee Brewers (Matt Garza), 8:10 PM EDT

Atlanta Braves (Lucas Harrell) @ Minnesota Twins (Ervin Santana), 8:10 PM EDT

New York Yankees (CC Sabathia) @ Houston Astros (Doug Fister), 8:10 PM EDT

Los Angeles Angels (Tyler Skaggs) @ Kansas City Royals (Dillon Gee), 8:15 PM EDT

Cincinnati Reds (Cody Reed) @ San Francisco Giants (Matt Cain), 10:15 PM EDT

Cardinals place Trevor Rosenthal on the disabled list

ST. LOUIS, MO - JUNE 18: Closer Trevor Rosenthal #44 of the St. Louis Cardinals pitches against the Texas Rangers in the ninth inning at Busch Stadium on June 18, 2016 in St. Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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The Cardinals have placed reliever Trevor Rosenthal on the 15-day disabled list with inflammation in his right shoulder, MLB.com’s Jenifer Langosch reports. The club recalled Dean Kiekhefer from Triple-A Memphis.

Thus continues a terrible 2016 for Rosenthal, who lost his grip on the closer’s role last month. The right-hander has recorded the save in 14 of 18 chances with a 5.13 ERA and a 48/27 K/BB ratio in 33 1/3 innings. Seung-hwan Oh has handled save situations  for the Cardinals in July.

As the Cardinals are playing a doubleheader against the Mets on Tuesday, the club also recalled Sam Tuivailala to serve as the 26th man on the roster.