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.
Dodgers starter Rich Hill is facing off against the Pirates in Pittsburgh tonight. And he’s not having any trouble with them: he’s absolutely perfect though seven innings. He’s needed 73 pitches to get that far, so if he can keep the perfection up he certainly has enough in the tank to finish it.
Thing is: he may not even get the win. That’s because Pirates starter Trevor Williams has blanked the Dodgers through eight, scattering seven hits and four walks yet, somehow, not allowing a run to score.
The Pirates are coming to bat in the bottom of the eighth. We’ll keep you posted.
On September 20, 2015, Zach Britton blew a save against the Rays. Little did he know that he wouldn’t blow another save until August 23, 2017, converting 60 consecutive save opportunities.
Britton took the mound with a 7-5 lead in the top of the ninth inning of Wednesday afternoon’s game against the Athletics. He yielded a single to Jed Lowrie, a double to Boog Powell, an RBI single to Marcus Semien, and a sacrifice fly to Matt Joyce to allow the A’s to close the two-run deficit. In the next at-bat, he uncorked a wild pitch and then walked Khris Davis before being removed from the game. Miguel Castro relieved Britton, but walked Ryon Healy on four pitches to load the bases. Castro wriggled out of the jam by getting Matt Olson to pop up and striking out Matt Chapman, stranding two of Britton’s runners.
Britton entered Wednesday’s action 11-for-11 in save chances on the season with a 2.88 ERA and a 19/12 K/BB ratio in 25 innings. He missed two months earlier this season with a strained left forearm.