Jim Crane met the media as the owner-in-waiting for the Houston Astros yesterday, and that led to a couple of glowing reviews of his business acumen and his plans for the future of the organization. It also led to a report in Forbes that says $300 million of the $680 million sales price of the team will be debt-financed.
It’s hard to place this in any kind of context because the Forbes report is thin on (actually devoid of) detail. What kind of debt is this, short or long term? Does that include the fairly standard line of credit that Major League Baseball extends all teams or is that separate? Is this secured by team property and future revenues or is it secured by, say, Jim Crane’s other businesses and/or personal property and that of the others in the ownership group? All of that matters. And, even if the report is true and the debts impinge on team assets, it’s in no case as bad as the McCourt financing of the Dodgers which represented far more than 100% of the purchase price.
But for all of the unknowns, the debt situation is worth looking into as the deal approaches closing. Recent history has shown us that team debt matters, and seeing how the Astros sale is being handled will provide us some amount of insight as to whether Major League Baseball has learned anything from recent history.
It’s tied 2-2, but if you’re like most people you have feelings about who has an edge.
Maybe you’re a “momentum” person and you like the Cubs’ current vibe because they scored a bunch last night. Maybe you’re a “momentum is your next day’s starting pitcher” guy, and you prefer either Jon Lester or Kenta Maeda. Or maybe you’re playing chess with all of this and thinking a couple of moves ahead. As in “yes, the Cubs have an advantage tonight because Lester is better than Maeda, but if they DON’T win tonight they’re screwed because then they have to face Kershaw and Hill in Games 6 and 7.”
I dunno. I find all of that rather exhausting. Let’s just watch and see what happens. Here’s who will be doing the happening:
1. Dexter Fowler (S) CF
2. Kris Bryant (R) 3B
3. Anthony Rizzo (L) 1B
4. Ben Zobrist (S) LF
5. Javier Baez (R) 2B
6. Jason Heyward (L) RF
7. Addison Russell (R) SS
8. David Ross (R) C
9. Jon Lester (L) LHP
1. Kiké Hernández (R) 2B
2. Justin Turner (R) 3B
3. Corey Seager (L) SS
4. Carlos Ruiz (R) C
5. Howie Kendrick (R) LF
6. Adrian González (L) 1B
7. Yasiel Puig (R) RF
8. Joc Pederson (L) CF
9. Kenta Maeda (R) RHP
Indians starter Trevor Bauer said he expects his sliced right pinkie to heal in time for the World Series.
Bauer, of course, is a drone hobbyist and hurt his finger while fixing a drone. By the time he’ll have to pitch again he will have had nine days since his last, bloody start in ALCS Game 3. Yesterday he said “I’ll be ready to pitch in the World Series whenever they need me. I’m doing everything I can and I’ll be back out there for sure.”
Bauer reportedly suggested that Indians trainers cauterize his finger on Monday. They declined. Which is something Bauer should probably thank them for.