Money Bag

Must-click link: how team owners are allowed to lie about their financial losses

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This is a basketball item in its genesis, dealing with the New Jersey Nets’ financial documents and inspired by the NBA lockout, but it is relevant for baseball and all other sports as well.

Over at Deadspin, Tommy Craggs, using some older Nets docs, explains how team owners are allowed to list player salaries on their balance sheets twice, thereby dramatically inflating their on-paper financial losses. The little trick — thanks to a specious tax loophole argued for and obtained by Bill Veeck back in the day — allows them to cry poor when it’s time to do battle with the players’ unions at collective bargaining agreement time.

Well, the players unions know about this little tax loophole too, so it’s more about crying poor to the gullible media and gullible fans, but you get the idea.

The specifics here are quite instructive, but even if you don’t care about Craggs’ use of the specifics Nets’ documents, you should at least read the piece to understand that this sort of manipulation of the facts on the ground is a trick that sports owners have been using for years, be it in labor talks, threats to move or contract teams or in their efforts to obtain new stadiums and/or other incentives from local governments and tax payers.

You shouldn’t take anyone’s word about anything when money is involved, but boy howdy, be extra, extra dubious of anything the owner of a sports team tells you when he has his hand out.

Braves sign former football player Sanders Commings

GLENDALE, AZ - AUGUST 15:  Cornerback Sanders Commings #26 of the Kansas City Chiefs on the sidelines during the pre-season NFL game against the Arizona Cardinals at the University of Phoenix Stadium on August 15, 2015 in Glendale, Arizona.  (Photo by Christian Petersen/Getty Images)
Christian Petersen/Getty Images
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The Braves have signed former football player and current outfielder Sanders Commings, an Augusta, Georgia native, to a minor league contract, Ken Rosenthal of FOX Sports reports.

Commings, 26, was a defensive back who played for the University of Georgia before being selected by the Chiefs in the fifth round of the 2013 draft. He appeared in two games in the 2013 season.

Commings also played baseball for Westside High School and was selected by the Diamondbacks in the 37th round of the 2008 draft. He chose to attend the University of Georgia instead. When football didn’t pan out, Commings started training with Jerry Hairston, Jr. Hairston said he was “blown away” when he saw Commings hit for the first time.

Obviously, Commings’ path to success as a professional baseball player will be long, but it’s a no-risk flier for the Braves. The club has past experience with football players, including Deion Sanders and Brian Jordan.

The next task for the Braves will be to acquire Ryan Goins from the Blue Jays. That way, players will look at the lineup card each day to see if it’s Commings or Goins.

Justin Verlander: “I’d like to see the AL and NL have the same rules… I vote NL rules.”

SEATTLE, WA - AUGUST 10:  Starting pitcher Justin Verlander #35 of the Detroit Tigers pitches against the Seattle Mariners in the first inning at Safeco Field on August 10, 2016 in Seattle, Washington.  (Photo by Otto Greule Jr/Getty Images)
Otto Greule Jr/Getty Images
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On Thursday afternoon, Rays pitcher Chris Archer asked his Twitter followers, “Lots swirling around what needs to be changed about the game of baseball. What do y’all want to see changed, if anything, & why?”

Tigers ace Justin Verlander responded:

To that, Archer said:

For what it’s worth, Verlander hasn’t been much of a hitter. In 47 career plate appearances, he has three singles and no extra-base hits. And if the AL did get rid of the DH rule, the Tigers would have nowhere to put Victor Martinez. Verlander, though, would have an easier time pitching to opposing pitchers rather than their DH’s.