stack of money

A team-by-team breakdown of offseason spending so far

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I’ve seen a few posts around the web in which writers have reported how much money in contracts teams have handed out in total this winter — I think we’re at or near a billion now — but I find that to be rather abstract and not entirely useful. In contrast, however, Ben Nicholson-Smith at MLB Trade Rumors put a great post up late last night breaking down how much each team has spent so far this offseason. That’s something I can get my arms and mind around a bit more easily.

No surprise: the Red Sox have spent the most, making $172 million in commitments, and that’s not even counting the inevitable Adrian Gonzalez contract extension that will come in the spring. The Nats and Phillies are two and three. Again, no shock there. What is shocking: that the Marlins have out-spent the Cubs, Mets and Braves.

On average teams have committed $40 million each to new contracts this winter. The median, however, is only $19 million, so yeah, there are a small handful of teams propping up the mean.

Definitely click through, as Nicholson-Smith breaks each team’s expenditures down by player.

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?