My first reaction to yesterday’s news that Bill Burke and Chinese investors were offering Frank McCourt $1.2 billion for the Dodgers was that Major League Baseball would be jumping for joy. It’s probably a good rule, however, to never be content to settle on your first reaction, because stuff that involves billions of dollars is usually a lot more complicated than that.
And, as Steve Dilbeck reports in the L.A. Times, this could be a lot more complicated than that. MLB executives are skeptical of the bid. And, as Dilbeck’s post establishes, there are some good reasons for skepticism. Not to put too fine a point on it, but McCourt’s interests would be served quite conveniently by having an offer like this out there separate and apart from actually selling the team to the folks making this offer.
How? Well, for starters, McCourt has been looking for minority investors to help him out of his jam. If there was an offer like this on the table, McCourt could easily point to it and say “Hey, look how valuable this team is! If you want in, it’s gonna cost you more.” Moreover, as the matter of his mismanagement of the Dodgers sits before the bankruptcy court, he could likewise point to this offer and say “if I’m such a bad steward of this team, why are people willing to give me billions for it!”
Throw in the fact that McCourt has had past business dealings with the Chinese — who are reportedly underwriting the majority of this bid — and it’s enough to at least make you raise an eyebrow about the seriousness of the offer.
In a column published on Sunday, Ken Rosenthal of FOX Sports says the Padres are “aggressively shopping” third baseman Yangervis Solarte. The 29-year-old is entering his first of three years of arbitration eligibility and is projected to earn $2.7 million next season.
This past season, Solarte hit a solid .286/.341/.467 with 15 home runs and 71 RBI in 443 plate appearances. It’s quite impressive factoring in that he plays in the pitcher-friendly Petco Park.
Given that Solarte is team-controlled for three more years and he offers lots of versatility with previous experience playing first and second base as well as corner outfield, the Padres should receive a fair amount of interest.
Update (6:52 PM EST): The deal is expected to be one year for $13 million, per Jon Heyman of FanRag Sports. Ken Rosenthal of FOX Sports confirms the report.
The Yankees are close to signing veteran free agent Matt Holliday, WFAN’s Sweeny Murti reports.
Holliday, who turns 37 years old next month, was limited to 110 games in 2016 with the Cardinals due to a fractured left thumb suffered in the second half. He finished the season hitting .246/.322/.461 with 20 home runs and 62 RBI in 426 plate appearances.
Holliday is likely looking at spending the majority of his time in the DH role. Alex Rodriguez, Carlos Beltran, and Brian McCann handled the DH role for a majority of the time last season but all three have moved on — Rodriguez was released in the second half, Beltran just signed with the Astros, and McCann was traded to the Astros last month.