For the 1,567th time: baseball does not need a salary cap

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John Feinstein knows a hell of a lot about college basketball and golf, but his take on the finances of major league team sports is a bit shaky.  How could it be anything but based on the argument he makes today: baseball should have a salary cap so it can be successful and competitive like football, basketball and hockey.

I’ll leave hockey to others because I just don’t know enough about it, but it never ceases to amaze me that the NFL and NBA are trotted out as superior models to baseball’s. The same NFL that is about to embark on an ugly as all hell labor battle. The same NBA that just bore witness to the 127th (estimated) Celtics-Lakers Finals and just watched a team get its heart ripped out by a departing free agent in more callous a manner than any baseball player’s departure has ever hurt a team.  If the point of a salary cap is a league’s financial health, competitiveness and some sense of fan friendliness, football and basketball are doing it wrong.

But I think the kicker to this is that what sets off Feinstein’s rant today is that the Yankees picked up Austin Kearns. Really, he ends his column by suggesting that baseball’s salary cap be called “The Kearns Rule” because apparently New York’s acquisition of a journeyman outfielder making $750,000 is a bridge too far. No one likes the Yankees’ largess, but it sure as hell wasn’t on display at the trade deadline.

But as I always do when someone writes one of these “baseball needs a salary cap” things, I’ll note that every team in Major League Baseball has made the playoffs at least once. Twenty-three of 30 have made it in the past ten years, and 28 of 30 have made it since 1992.  I’ll also note that, as I type this, there are two very sophisticated groups of businessmen literally bidding against one another in an auction for the right to buy a Major League Baseball team. And a bankrupt one to boot.

If that’s evidence of a problem, it’s a problem unlike that which I have ever seen.

Yankees sign Matt Holliday to a one-year, $13 million deal

ST. LOUIS, MO - JULY 20: Matt Holliday #7 of the St. Louis Cardinal hits a solo home run during the second inning against the San Diego Padres of game one of a doubleheader at Busch Stadium on July 20, 2016 in St. Louis, Missouri. (Photo by Scott Kane/Getty Images)
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Update (6:52 PM EST): The deal is expected to be one year for $13 million, per Jon Heyman of FanRag Sports. Ken Rosenthal of FOX Sports confirms the report.

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The Yankees are close to signing veteran free agent Matt Holliday, WFAN’s Sweeny Murti reports.

Holliday, who turns 37 years old next month, was limited to 110 games in 2016 with the Cardinals due to a fractured left thumb suffered in the second half. He finished the season hitting .246/.322/.461 with 20 home runs and 62 RBI in 426 plate appearances.

Holliday is likely looking at spending the majority of his time in the DH role. Alex Rodriguez, Carlos Beltran, and Brian McCann handled the DH role for a majority of the time last season but all three have moved on — Rodriguez was released in the second half, Beltran just signed with the Astros, and McCann was traded to the Astros last month.

Bud Selig and John Schuerholz elected to the Hall of Fame

Bud Selig
AP Photo/Stephen Brashear
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Update (6:20 PM EST): Former Braves president and Royals GM John Schuerholz was also inducted to the Hall of Fame along with Selig, David O’Brien of the Atlanta Journal-Constitution reports.

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Tom Haudricourt of the Milwaukee Journal-Sentinel reports that former commissioner Bud Selig has been elected to the Hall of Fame. Haudicourt adds that Selig was nervous about the vote and didn’t want to talk about it in fear of jinxing it.

Selig’s induction will be controversial, for reasons Craig laid out in his preview on Friday. His induction was also not surprising in the least because he’s on the Hall of Fame board. A commissioner being inducted is standard fare, or as Craig put it, “a gold watch.”

Other inductees joining Selig should be announced shortly.

How about putting Marvin Miller in the Hall of Fame?