UPDATE: Zachary Levine reports that the sale of the Astros could be completed by next week. If so, ownership of the Astros could be transferred as early as July.
Tuesday: 5:07 PM: Drayton McLane has commented on this morning’s report that he and Jim Crane have all but completed a deal to sell the Astros:
“I haven’t signed anything, Jim Crane and his group hasn’t signed anything and Major League Baseball hasn’t signed anything. We’re still negotiating, so there’s nothing to report.”
I guess I’d just note that saying “I haven’t signed anything” is not exactly a refutation of a report that you’re on the verge of signing anything. In fact, they’re wholly consistent. But hey, they’ll tell us when they have a deal done.
Tuesday: 10:30 AM: Last week we learned that Jim Crane was the sole remaining bidder for the Houston Astros. This morning KTRK TV in Houston is reporting that the sale of the Houston Astros to Crane is all but a done deal. All that’s left according to KTRK: “the dotting of I’s and crossing of T’s.” Gosh, I hope they’re not dotting capital I’s like that, because that would be improper.
The reported sale price is $680 million. Drayton McLane purchased the team in late 1992 for $117 million in 1993. So, hey, not bad.
Given baseball’s recent history with turbulent transactions fraught with high drama and litigation, analysis of what appears to be a straightforward sale is, relatively speaking, like trying to expound upon a man tying his shoes and then walking on, so all I’ll say is “congratulations Drayton and Jim.”
OXON HILL, MD — Edwin Encarnacion began the offseason as, arguably, the second most desirable free agent on the market. As the Winter Meetings approach their end, however, he is a man without a team. And may not have a team any time soon.
Many teams have been rumored to be checking in on Encarnacion, but the defining trait of his free agency thus far has been clubs taking a pass. The most recent one being the Rangers, who are reported to simply not have the money to sign him, despite him filling a clear offensive need in Texas. Maybe the Rangers would be more competitive on the free agent market if they had a new stadium. Who knows?
The Blue Jays, for whom he most recently played, offered him a four-year, $80 million deal that most figured was a lowball, and when he rejected it, they moved on to Kendrys Morales. The Red Sox acquired Mitch Moreland. The Yankees are reported to be passing. The most recent team linked to Encarnacion is the Indians, who are reported to have an offer out to him, but at this point it’s likely far lower than what most free agent watchers thought he might get a few weeks ago. A four-year, $90 million deal did not seem crazy for him in October. In December, there is speculation that he could be had for $60 million over that same term which, frankly, would be a bargain. That’s less than Mark Melancon, the third best closer on the market, got from the Giants.
There have been a lot of remarkable things that have happened in the past few weeks, but one of the most unexpected things would be one of the top bats in the game getting second-tier closer money.
OXON HILL, MD — Bill King has been selected as the 2017 recipient of the Ford C. Frick Award, presented annually for excellence in broadcasting by the National Baseball Hall of Fame and Museum.
King, one of the iconic voices of Bay Area sports, was known for his handlebar mustache and his signature “Holy Toledo!” exclamation. King broadcast A’s games for 25 seasons, from 1981 through 2005. He likewise broadcast Oakland Raiders and Golden State Warriors games and got his start as an announcer for the Giants in the late 1950s after they moved to San Francisco.
King passed away in October 2005. With the Frick Award, however, he has now been immortalized among baseball broadcasters.