On the one hand, this sounds alarming: Bill Shaikin of the L.A. Times reports that nine of baseball’s 30 teams are in violation baseball’s debt service rules. The teams: Dodgers and Mets — duh — as well as the Orioles, Cubs, Tigers, Marlins, Phillies, Rangers and Nationals.
On the other hand, it’s hard to say what this truly means. Sure, former commissioner Fay Vincent calls this “troublesome,” but he thinks everything that has happened since he left office is troublesome. What we don’t know, however, is how any of these teams outside the Dodgers, really, arrived at their currently-reported out-of compliance status and if it’s really a serious thing.
Is it short term debt or long term debt? A temporary blip of being-out-of-compliance, or something chronic? Generally, the rules limit a team’s debt to 10 times its annual earnings. How badly out of whack are, say, the Tigers, compared to where the Dodgers are? Doesn’t it matter that the Tigers owner has more money than Croesus, while the Dodgers’ owner does not?
Finally, Frank McCourt claims that he was given exemptions on his debt limit at times. If that’s the case (i.e. the game’s most train wreck of a financial case can be in technical compliance) doesn’t that render the concept of compliance a rather fluid one?
I don’t like that so many ownership groups are leveraged and baseball needs to be sure that the Frank McCourt/Tom Hicks examples are exceptions and not the rule. But I’m not sure that this report, in and of itself, tells us much.
Former Tigers infielder Casey McGehee has reportedly signed a one-year deal with the Yomiuri Giants of Nippon Professional Baseball, according to FOX Sports’ Ken Rosenthal.
It’s the fourth move the corner infielder has made in the last two seasons after seeing short-term stints with the Marlins, Giants and Tigers. He signed a minor league deal with the Tigers prior to the 2016 season, providing the club with some infield depth behind 24-year-old Nick Castellanos. When Castellanos hit the disabled list in August with a broken hand, McGehee was recalled from Triple-A Toledo for a 30-game stint and slashed .228/.260/.239 with one extra-base hit in 96 PA. His career batting line (.258/.317/.384 over eight seasons) isn’t too shabby, but his age and a long history of knee injuries puts a damper on his potential.
McGehee last appeared in the NPB circuit in 2013, when he signed a one-year, $1.5 million deal with the Tohoku Rakuten Golden Eagles. He spent the bulk of his season at the hot corner, batting an impressive .292/.396/.515 with 28 homers in 590 PA and appearing in the Eagles’ first and only championship run to date.
The deal comes with a club option for 2018, Rosenthal reports, though no figure has been specified.
Free agent left-hander Rich Hill is rumored to be entertaining a three-year, $40+ million offer from the Dodgers, reports Peter Gammons. The Boston Globe’s Nick Cafardo corroborated the report, adding that Hill could receive somewhere between $46 and $48 million from his former team.
Hill, 36, pitched to a 2.12 ERA and 3.91 FIP in back-to-back stints with the Athletics and Dodgers in 2016. While a chronic case of blisters on his pitching hand limited the frequency of his starts, he still figures to be one of the most productive and noteworthy starting pitchers on the market this winter.
The Orioles, Yankees, Red Sox, Rangers and Astros have all been mentioned as potential suitors for the left-hander’s services, though Orioles’ GM Dan Duquette said the club has yet to make a play for Hill and ESPN’s Jim Bowden pointed out that the Red Sox are less involved in trade talks than other interested parties.