The Astros didn't tell any other teams that they'd kick in $11 million on Oswalt

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The general consensus immediately after the Oswalt deal was announced yesterday was that the Astros got hosed.  Then, after some time, more and more voices spoke up saying, “hey, don’t you think that if there was a better deal out there the Astros would have taken it?”

Well, maybe not, because Joel Sherman reports that the Astros may not have known if there was a better deal out there:

Executives from multiple teams complained they had no idea the Astros
were willing to include $11 million of the $23.5 million owed Oswalt
through next year and his 2012 option as they did to move him to the
Phillies . . .

 . . . an executive of a team interested in starting pitching said, “I don’t
know how we didn’t know [what Houston was willing to pay]. I don’t know
how it is in the best interest of your organization not to explore every
avenue. We knew the pitcher [Oswalt] was available, but we didn’t know
it was a financial giveaway.”

Sherman notes that while the Yankees and Mets were unaware of the money, it’s possible that Houston wouldn’t have offered to send money to those teams anyway, which is a good point. But Sherman implies that the last quote came from a different team altogether that may very well have been in on Oswalt if they knew that it was a good deal financially speaking.

When we call a trade dumb, we risk making faulty assumptions about the market. But we do the same thing when we assume that general managers run out every potential ground ball when going to make a deal.

On this one it sounds like Ed Wade locked in on the Phillies and very well might have bypassed other, better deals.

Rangers sign Josh Hamilton to a minor league deal

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The Texas Rangers have signed Josh Hamilton to a minor league contract with an invitation to spring training.

Not at all surprising. The Rangers released Hamilton last August, but that was simply to make some room on the 40-man roster. His season was already toast due to the surgery he underwent to repair lateral and meniscus cartilage in his left knee which had the added bonus of revealing that he had an ACL injury as well, which required reconstruction. At the time of his release both he and the Rangers made noises about him coming back on a minor league deal in 2017.

Hamilton turns 36 in May. The smart money has it that his big league career is over, but Hamilton would be silly to retire given that he is owed $30 million this coming season. That the Angels are paying $26.41 million of that makes it far less painful for the Rangers as well. If he can hit in the spring, hey, let him DH some and pay him low money. If not, no skin off of anyone’s nose. He can request a release on April 1 if he hasn’t made the big league roster.

A-Rod to host a reality show featuring broke ex-athletes

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Alex Rodriguez’s transition into retirement has featured a serious move into the business world. He has gone back to school, worked seriously on investments and has started his own corporation. Yes, he’s set for life after making more money than any baseball player in history, but even if his bank account wasn’t fat, you get the sense that he’d be OK given what we’ve seen of his work ethic and savvy in recent years.

He’s going to be getting another paycheck soon, though. For hosting a reality show featuring athletes who are not in as good a financial shape as A-Rod is:

Interesting. Hopefully, like so many other reality shows featuring the formerly rich and famous, this one is not exploitative. Not gonna hold my breath because that’s what that genre is all about, unfortunately, but here’s hoping A-Rod can help some folks with this.