Baseball does not want you to know about its debt crisis

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There is an in-depth report at Forbes today about the debt crisis facing Major League Baseball that anyone who cares about the business of the game should read.

The story focuses primarily on the well-known financial problems facing the Mets and Dodgers, with a shout-out to the Tom Hicks Rangers, but it suggests that teams taking on too much debt is a widespread problem.  The trick comes via what Forbes says is owners’ circumvention of Major League Baseball’s often-cited, but rarely enforced debt ratio rules. Put your debt in a holding company like Tom Hicks did and, voila, you’re in compliance, even as you are being crushed by debt collectors.

One would think that such a charge would meet with a strong rebuke from Bud Selig, but he leaves that to his number two guy, Rob Manfred. And Manfred’s response is a bit unsettling:

“Nobody outside the game knows what was done or not done with respect to any individual club … I don’t think anyone outside the game is in a position to make a judgment as to how the debt-service rule has been administered.”

Really? No “you’re wrong,” or “baseball ownership is healthy?” Forbes comes to you and says that it’s writing a story about how teams routinely circumvent the debt ceiling rules and are doing so at tremendous risk and peril, and you’re really going with “how would you know?”

Yikes!

Hyun-Jin Ryu will open season in Dodgers’ rotation

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Dodgers manager Dave Roberts announced on Monday that Hyun-Jin Ryu will open the regular season in the starting rotation, MLB.com’s Ken Gurnick reports.

Ryu, 30, missed the entire 2015 season and made only one start last season due to shoulder and elbow injuries. The lefty has looked solid in three spring appearances, however, yielding a lone run on five hits and a walk with eight strikeouts in nine innings.

With Scott Kazmir likely to begin the season on the disabled list, that leaves Alex Wood and Brandon McCarthy to battle it out for the fifth spot in the Dodgers’ rotation.

Jorge Soler diagnosed with strained oblique, Opening Day in doubt

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Royals outfielder Jorge Soler has been diagnosed with a strained oblique, making it likely that he begins the regular season on the disabled list, Rustin Dodd of The Kansas City Star reports.

The Royals acquired Soler from the Cubs in December in exchange for reliever Wade Davis. Over parts of three seasons with the Cubs, Soler hit .258/.328/.434 with 27 home runs and 98 RBI in 765 plate appearances.

When he’s healthy, Soler is expected to find himself in the Royals’ lineup as a right fielder and occasionally as a designated hitter.