This tweet from Daniel Kaplan of SportsBusiness Journal is interesting:
Breaking News: Spurned Texas Rangers bidders
invited to federal mediation.
Kaplan promises more details later, but my first thought is that this cuts a couple of different ways, one in which is good for team Greenberg and one that isn’t.
On the one hand it could suggest that the mediator and/or the bankruptcy court are less-than-impressed with the notion that Chuck Greenberg and Nolan Ryan represent the only viable bidders out there and the frustrated bidder’s (i.e. Jim Crane, Jeff Beck/Dennis Gilbert) presence at the table is designed to pressure Greenberg into sweetening his deal in order to satisfy creditors.
Another possibility is that the mediator and the bankruptcy court got a bit perturbed earlier this week when reports came out that Beck or Crane were still talking to creditors behind the scenes and the court wants to bring them out of the shadows and into the light, holding their feet to the fire. In effect, such a move would either make the bidders and/or the creditors put their money where their mouth is and stop their little whispering campaign that seems designed to throw a wrench into the Greenberg deal and the bankruptcy resolution.
No matter the case, having the bidders around and, more or less, on the record, would make any final disposition in the case a lot neater inasmuch no one could later complain that a low or inadequate bidder won. They’d actually have to say something official and out in the open. Ultimately, that makes for a more transparent process.
So: no matter your motives, Mr. Bankruptcy Court, good move.
ESPN’s Jerry Crasnick reported on Monday that the Angels have received inquiries from multiple teams concerning starter Hector Santiago. He adds that the club is willing to listen to offers. Jon Morosi of FOX Sports and MLB Network reports that the Marlins are among the teams that have inquired.
Santiago, 28, has pitched to a 4.32 ERA with 96 strikeouts and 47 walks in 110 1/3 innings. Sabermetric statistics such as FIP, xFIP, and SIERA think the lefty has pitched even worse than his ERA indicates however, pitting 2016 as his worst performance to date.
Santiago is earning $5 million this season and will enter his third and final year of arbitration eligibility going into 2017.
We also learned earlier that, in an effort to bolster their starting rotation, the Marlins have also shown interest in Wade Miley of the Mariners and Jeremy Hellickson of the Phillies.
The Rangers placed DH Prince Fielder on the disabled list last week due to more neck discomfort. On Friday, Fielder met with Dr. Drew Dossett, who performed spinal fusion surgery on Fielder in 2014 for a herniated disk in his neck. Dossett has recommended another procedure, so Fielder will undergo season-ending surgery this week, Jeff Wilson of the Fort-Worth Star Telegram reports.
Fielder was having a rough season, batting .212/.292/.334 with eight home runs and 44 RBI in 370 plate appearances. He played in only 42 games in 2014, but returned in 2015 looking more like his old self. Unfortunately, neck and back issues are notoriously difficult to fix. Hopefully, this upcoming procedure does the trick for Fielder.
Fielder is owed $24 million per season through 2020, with the Tigers paying $6 million of it per season.