Just a day after Forbes released a story about Major League Baseball teams in debt trouble, the New York Post reports that baseball is changing its debt rules:
Major League Baseball is working to cut how much debt its teams can carry, The Post has learned.
The move, aimed at avoiding a Mets-like cash squeeze or a Texas Rangers bankruptcy-type scenario, will be centered on widening the definition of team debt, sources close to the situation said.
For example, MLB wants teams to include holding company loans and not just what is directly on team’s books when determining total debt, a source with direct knowledge of the talks said.
This is apparently part of collective bargaining. Makes some sense given that a team’s ability to take on debt has a direct relationship to how much it can spend on stuff, salaries included. I’m sure it’s a tough balance for the union given that they want teams to be both free-spending and solvent.
Whatever happens, there isn’t much murkier in the world than the finances of professional sports teams, so it’s hard to see all of the different directions in which this kind of thing can break. But this seems like a good idea. One Tom Hicks situation is enough. And by the time this is all said and done, we may have had three of them.
For a few days, it looked like Aaron Judge was finally hitting his stride in the postseason. He was still striking out at a regular clip, piling more and more strikeouts atop the 16 he racked up in the Division Series, but he was mashing, too. He engineered a three-run homer during Game 3 of the Championship Series, followed by another blast and game-tying double in Game 4. His one-out double helped pad a five-run lead in Game 5, while his 425-footer off of Brad Peacock barely made a dent during a 7-1 loss in Game 6. And then Lance McCullers‘ curveball found and fooled him, as it did five of the 14 batters it met in Game 7:
The strikeout was Judge’s first of the evening and 27th since the start of the playoffs. No other major league batter has racked up that many strikeouts in a single postseason, though Alfonso Soriano’s 26-strikeout record in 2003 comes the closest. Within that record, Judge also collected three golden sombreros (four strikeouts in a single game), narrowly avoiding the dreaded platinum sombrero (five strikeouts in a single game).
It’s an unfortunate footnote to a spectacular year for the rookie outfielder, who decimated the competition with 52 home runs and 8.2 fWAR during the regular season and was a pivotal part of the Yankees’ playoff run. Thankfully, the image of McCullers’ curveball darting just under Judge’s bat won’t be the image that sticks with us for years to come. Instead, it’ll look something like this: