UPDATE: Twins deal Ramos to Nats for Matt Capps

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UPDATE, 10:28 PM:  The Nationals’ official Twitter feed is now reporting that left-hander Joe Testa is also headed to Washington in the trade. 

The 24-year-old posted a 1.96 ERA and 116 strikeouts in 82 innings at Single-A last season.  He struggled a bit in his move to Double-A this year, but the lefty is still a valuable part and it’s quite odd that the Twins needed a throw-in to complete the deal.

UPDATE, 10:12 PM:  Scott Miller of CBSSports.com says the deal is done, and that it’s a straight swap.

UPDATE, 10:04 PM:  Now Mark D. Gonzales of the Chicago Tribune has confirmed from a “reliable scouting source” that Ramos is indeed headed to Washington.  Whether the Twins get more than Capps out of this deal remains to be seen.

UPDATE, 9:53 PM:  LaVelle E. Neal III at the Minneapolis Star-Tribune notes that catching prospect Wilson Ramos has been pulled from the lineup at Triple-A Rochester and may be involved in a pending trade.  The 22-year-old hit .296/.321/.407 in seven games for the Twins back in May.  He has a .625 OPS in 278 at-bats for Rochester this season, but is widely regarded as a top catching prospect.

9:21 PM:
  Tim Brown of Yahoo! Sports reports — and now Jon Paul Morosi of FOXSports.com confirms — that the Twins are “in discussions” for Nationals right-handed reliever Matt Capps.

ESPN’s Tim Kurkjian was the first to write of the Twins’ interest in Capps in this report Tuesday, and now it appears that Minnesota management has stepped up its efforts. 

The 26-year-old Capps has posted a 2.74 ERA and a 1.30 WHIP this season while converting 26 of 30 save opportunities as Washington’s closer.  Twins ninth-inning man Jon Rauch has struggled a bit in the month of July, watching his ERA jump from 2.40 on June 30 to the 3.05 mark where it sits today.  Capps could either take over Rauch’s role or simply provide the Twins another reliable setup man as they prepare for a run at the American League Central crown.

The Nats should be plenty motivated to move Capps before Saturday’s trade deadline because he is earning $3.5 million this season and will get a hefty raise via salary arbitration heading into 2011, especially if he continues the solid numbers.  Drew Storen is ready to take over the ninth inning in the nation’s capital.

Jake Peavy is having a bad go of things right now

SAN FRANCISCO, CA - MAY 25: Jake Peavy #22 of the San Francisco Giants pitches against the San Diego Padres during the first inning at AT&T Park on May 25, 2016 in San Francisco, California.  (Photo by Jason O. Watson/Getty Images)
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Veteran hurler Jake Peavy has not signed with a team. It’s not because he’s not still capable of being a useful pitcher — he’s well-regarded and someone would likely take a late-career chance on him — and it’s not because he no longer wishes to play. Rather, it’s because a bunch of bad things have happened in his personal life lately.

As Jerry Crasnick of ESPN reports, last year Peavy lost millions in an investment scam and spent much of the 2016 season distracted, dealing with investigations and depositions and all of the awfulness that accompanied it. Then, when the season ended, Peavy went home and was greeted with divorce papers. He has spent the offseason trying to find a new normal for himself and for his four sons.

Pitching is taking a backseat now, but Peavy plans to pitch again. Here’s hoping that things get sorted to the point where he can carry through with those plans.

The AT&T Park mortgage is paid off

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This is fun: The San Francisco Giants recently made their last payment on the $170 million, 20-year loan they obtained to finance the construction of AT&T Park. The joint is now officially paid for.

The Giants, unlike most other teams which moved into new stadiums in the past 25 years or so, did not rely on direct public financing. They tried to get it for years, of course, but when the voters, the city of San Francisco and the State of California said no, they decided to pay for it themselves. They ended up with one of baseball’s best-loved and most beautiful parks and, contrary to what the owners who desperately seek public funds will have you believe, they were not harmed competitively speaking. Indeed, rumor has it that they have won three World Series, four pennants and have made the playoffs seven times since moving into the place in 2000. They sell out routinely now too and the Giants are one of the richest teams in the sport.

Now, to be clear, the Giants are not — contrary to what some people will tell you — some Randian example of self-reliance. They did not receive direct public money to build the park, but they did get a lot of breaks. The park sits on city-owned property in what has become some of the most valuable real estate in the country. If the city had held on to that land and realized its appreciation, they could flip it to developers for far more than the revenue generated by baseball. Or, heaven forfend, use it for some other public good. The Giants likewise received some heavy tax abatements, got some extraordinarily beneficial infrastructure upgrades and require some heavy city services to operate their business. All sports stadiums, even the ones privately constructed, represent tradeoffs for the public.

Still, AT&T Park represents a better model than most sports facilities do. I mean, ask how St. Louis feels about still paying for the place the Rams used to call home before taking off for California. Ask how taxpayers in Atlanta and Arlington, Texas feel about paying for their second stadium in roughly the same time the Giants have paid off their first.