Well, we weren’t expecting this. From out of the blue comes an offer — all cash — to Frank McCourt to sell the Dodgers. It’s for $1.2 billion, and it comes from a man named Bill Burke. Burke, who is the founder of the Los Angeles Marathon, is backed by “certain state-owned investment institutions of the People’s Republic of China” and other investors, Bill Shaikin reports. Which probably means that Burke is just the figurehead/American face of the deal.
According to my friend (and Los Angeles resident and native) Bob Timmermann, Burke is married to former Los Angeles County Superintendent Yvonne Brathwaite Burke. The Burkes remain big players in Democratic politics, Mr. Timmermann says. I would assume this means that he’s not just some crazy rich person looking for attention.
The deal is reportedly for everything, including the team, the ballpark and the surrounding real estate. McCourt has no comment and it’s unclear whether he’s open to selling.
But jeez, it’s not every day that someone offers you $1.2 billion in cash. Assuming it’s something Major League Baseball would be receptive to — and why would they not be? — how could McCourt turn this down given all of the financial challenges he currently faces?
Free agent right-hander Yovani Gallardo is headed back to the Brewers on a major league deal, The Athletic’s Ken Rosenthal reports. No other terms have been reported yet, as the agreement is still pending a physical.
Gallardo, 31, completed a one-year run with the Mariners before getting his $13 million option declined by the team last month. He provided little value during his time in Seattle, pitching to a 5-10 record in 22 starts and putting up a 5.72 ERA, 4.1 BB/9 and 6.5 SO/9 in 130 2/3 innings as both a starter and reliever.
Still, assuming the veteran righty is on the cusp of a comeback, he may as well try for it with his original club. Gallardo last appeared for the Brewers from 2007 to 2014, racking up a cumulative 20.8 fWAR and peaking during the 2010 season, when he earned his first All-Star nomination and Silver Slugger award. This will be his ninth career season with the club.
Even with Gallardo aboard, the Brewers are expected to continue deepening their pitching stores for 2018. With team ace Jimmy Nelson still recovering from shoulder surgery, the club will enter the season with a projected rotation of Gallardo, Zach Davies, Chase Anderson and Junior Guerra, the latter of whom pitched just 70 1/3 innings in 2017 following a right calf strain and shin contusion. Another big name pitcher could help cement Milwaukee’s rotation and keep them competitive for another year, though they don’t appear to have made any concrete moves in that direction so far.