Texas Rangers

Fay Vincent has a (severely flawed) idea about how to compensate players

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Former baseball commissioner Fay Vincent has a column in today’s Wall Street Journal in which, after noting how businessmen and actors get an equity stake or points on the gross in their deals, why baseball players can’t do the same thing and take an ownership interest in the team:

Mr. Pujols will in all likelihood negotiate a salary of around $35 million annually in a four- or five-year agreement. He and his agent will surely notice the enormous bite the tax collectors will take of that income. Why not take some of the pay in the form of a piece of the Cardinals franchise? Who would argue the Cardinals are not more valuable if they can keep him?

First: $35 million? Really? I kind of figured it would be like $30 million, but let’s save that for another day.

Second: As Vincent himself notes, baseball prohibits players from owning a stake in their team unless they get approval from the commissioner and unless, pursuant to Major League Rule 20(e), they sell their stake in the team if they switch teams.  Specifically, that rule provides that the agreement “shall provide for the immediate sale (and the terms there of) of such stock or other proprietary interest or financial interest in the event of the [player’s] transfer to or joining another Club.”

I’m just a dumb litigator, but I don’t think I’m wrong when I say that a player-ownership scenario that is designed to provide tax savings and greater flexibility is a tad bit hampered by a rule that requires the stake be divested immediately if the player switches teams.  That, my friends, would lead to an immediate taxable event. It would also severely hamper the value of the ownership stake, which would piss off both the player and the team’s majority owners, who likely don’t want to have to force chunks of the team out into the market the moment the team’s GM comes up with a spiffy trade.

Sure, you could change the rules about immediate divestment upon being traded, but then you run into the uncomfortable scenario of someone playing for the Cardinals, for example, who owns a stake in the Cubs. Or a Dodgers player — Juan Uribe, for example — whose wealth depends on the Giants having a greater franchise value.  In an age where franchise values are dependent upon regional sports network ratings, and those ratings are dependent upon winning and losing, that’s a recipe for disaster, is it not?

In other news, for all of Fay Vincent’s virtues, the game is way healthier, financially speaking, today than it was when he was commissioner. If this article is evidence of his business acumen, there may be a reason for that.

Someone stole Jose Fernandez’s high school jersey after a vigil

MIAMI, FL - JULY 09:  Jose Fernandez #16 of the Miami Marlins pitches during the game against the Cincinnati Reds at Marlins Park on July 9, 2015 in Miami, Florida.  (Photo by Rob Foldy/Getty Images)
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People are the absolute worst sometimes. The latest example: someone stole one of Jose Fernandez’s high school jerseys, which had been displayed in his old high school’s dugout for a vigil last night.

That report comes from Anastasia Dawson of the Tampa Bay Times who covered the vigil at Alonso High School in Tampa yesterday. Her story of the vigil is here. Today she has been tweeting about the theft of the jersey. She spoke to Alonso High school’s principal who, in a bit of understatement, called the theft the “lowest of the low.”

The high school had one more Fernandez jersey remaining and has put it on display in the school. In the meantime, spread this story far and wide so that whatever vulture who stole it can’t sell it.

 

What Hall of Fame-eligible pitcher would you ask to pitch today?

Mike Mussina
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In an earlier post I made a joke about the Indians starting Dennis Martinez if forced to play a meaningless (for them) game on Monday against the Tigers. On Twitter, one of my followers, Ray Fink, asked a great question: If you had to hand the ball to a Hall of Fame-eligible pitcher to give you three innings, who would it be?

The Hall of Fame-eligible part gets rid of the recently-retired ringers, requiring a guy who has been off the scene for at least five years, ensuring that there’s a good bit of rust. I love questions like these.

My immediate answer was Mike Mussina. My thinking being that of all of the great pitchers fitting these parameters, he’s the most likely to have stayed in good shape. I mean, Greg Maddux probably still has the best pitching IQ on the planet, but he’s let himself go a bit, right? Mussina strikes me as a guy who still wakes up and does crunches and stuff.

If you extend it to December, however, you may get a better answer, because that’s when Tim Wakefield becomes eligible for the Hall. I realize a knuckleball requires practice to maintain the right touch and subtlety to the delivery, but it also requires the least raw physical effort. Jim Bouton went well more than five years without throwing his less-than-Wakefield-quality knuckler and was still able to make a comeback. I think Tim could be passable.

Then there’s Roger Clemens. I didn’t see his numbers for that National Baseball Congress tourney this summer and I realize he’s getting a bit thick around the middle, but I’m sure he can still bring it enough to not embarrass himself. Beyond the frosted tips, anyway.

So: who is your Space Cowboys-style reclamation project? Who is the old legend you dust off for one last job?