The Associated Press published a round of documents late Sunday night that show the Pirates, on the verge of their 18th consecutive losing season, are still a highly profitable franchise and have been profitable for many years.
According to the documents, which are now on full display over at Deadspin, the Bucs made an income of nearly $29.4 million in 2007 and 2008 thanks to sources like revenue sharing, television packages, MLB merchandise and the MLB.com website.
That’s not a major sum of money for most professional franchises and it shouldn’t be all that surprising, but the Pirates have operated on a very meager payroll for ages and it certainly appears that they could be spending more.
“The numbers indicate why people are suspecting they’re taking money
from baseball and keeping it — they don’t spend it on the players,” David Berri, president of the North American Association of Sports
Economists, told the Associated Press. “Teams have a choice. They can seek to
maximize winning, what the Yankees do, or you can be the Pirates and
make as much money as you can in your market. The Pirates aren’t trying
The Pirates had baseball’s lowest Opening Day payroll this season — $34.9 million — and are at the very bottom of a bad National League Central division. If anything, perhaps the revelation of these documents will put pressure on the Pittsburgh ownership to lock up young cornerstone players like Andrew McCutchen and Pedro Alvarez when it comes time for free agency. Making owners cringe can be a good thing.
Ben Cafardo of the Boston Globe speculated on Sunday that there might be a connection between the Giants and veteran free agent right-hander John Lackey, and now FOX Sports’ Ken Rosenthal reports that San Francisco is indeed in pursuit.
Rosenthal says the Giants, “like most clubs seeking pitching, [are] examining [a] wide range of options” in this starter-heavy free agent market. Lackey would make a ton of sense for any contender on something like a two-year deal. His free agency is tied to draft pick compensation, but that shouldn’t be much of a deterrent.
The 37-year-old right-hander registered a career-best 2.77 ERA across 218 innings (33 starts) this past season for the National League Central-champion Cardinals and he was St. Louis’ most reliable starter during the playoffs.
It’s well known that he wants to remain in the National League.
As first reported by beat writer Bill Shaikin of the Los Angeles Times, the Angels have signed free agent catcher Geovany Soto to a one-year major league contract. MLB.com’s Alden Gonzalez says the deal is worth $2.8 million guaranteed.
Soto will offer some veteran presence at catcher for the Halos alongside 25-year-old Carlos Perez, who hit .250/.299/.346 as a rookie in 2015.
Soto slashed .219/.301/.406 with nine homers in 78 games this summer for the White Sox.
The 32-year-old backstop is a .246/.331/.434 career hitter at the major league level.
According to the official Twitter account of the Chicago White Sox, the club acquired right-hander Tommy Kahnle from the Rockies on Tuesday evening in exchange for minor league pitcher Yency Almonte.
Kahnle was designated for assignment by the Rockies last week in a flurry of moves made in preparation of next month’s Rule 5 Draft. The 26-year-old former fifth-round pick posted an ugly 4.86 ERA, 1.77 WHIP, and 39/28 K/BB ratio in 33 1/3 innings this past season for Colorado and he wasn’t much better at Triple-A Albuquerque.
Almonte, 21, had a 3.41 ERA, 1.15 WHIP, and 110/38 K/BB ratio in 137 1/3 innings this past season between Low-A Kannapolis and High-A Winston-Salem.
It’s a straight one-for-one deal of two non-prospects, and the timing of it — in the evening, with Thanksgiving approaching — has our Craig Calcaterra wondering whether an executive was just trying to get out of some family responsibilities …
The other day Dennis Lin of the San Diego Union-Tribune reported that the Padres were in discussions with former Dodgers hitting coach Mark McGwire about their bench coach job. Today Jon Heyman reports that the deal is done and will soon be announced.
McGwire has been the hitting coach for Los Angeles for the past three seasons. When his contract was not renewed following the end of 2015 he was rumored to be up for the Diamondbacks’ hitting coach job. He likely view staying in Southern California to be a plus, as he makes his home in Irvine, which is around 90 miles from Petco Park. That’s a long commute, but Mac can afford the gas, I guess.