One can debate whether Matt Kemp is the game’s best outfielder, but the truth is the Dodgers pretty much had to make him the game’s highest-paid outfielder to keep him beyond 2012. The eight-year, $160 million contract he reportedly agreed to Monday is tied for the largest ever given to an outfielder.
Manny Ramirez’s late-2000 deal with the Red Sox, worth that same amount, had been the gold standard for outfielders. Technically, though, Kemp won’t be the game’s highest-paid outfielder, at least not right away. Carl Crawford got $142 million for seven years from the Red Sox last winter, giving him an annual salary of $20.29 million. Ryan Braun will make $21 million per year from 2016-20 under the terms of the extension he agreed to in April.
Kemp still has one year of arbitration left, so his deal rates a little better than Crawford’s. The guess is that he would have made around $16 million next year through arbitration, and if that’s the case, he’s selling his first seven free agent years for $144 million.
So, this would seem to rate as a pretty good deal for both sides. Had Kemp turned in another year like his 2011 next season, there’s no doubt that he would have topped this contract in free agency. However, this protects him if he does falter somewhat. And the truth is that he loves playing in L.A. and had no real interest in leaving.
For the Dodgers, any eight-year deal comes with substantial risk. Kemp, though, is just 27 and he’s been exceptionally durable to date. While he’ll probably spend the second half of the deal in an outfield corner, he’s about as safe of a long-term signing as there is in the game.
Mitt Romney built his professional life in Massachusetts and was once the governor of the state. As such, it is not surprising that he has long identified as a Red Sox fan. So this has to be troubling to him from a fan’s perspective. From Jon Heyman:
The Romney family is bidding to buy a small stake in the Yankees months after their try for the Marlins stalled. If the deal goes through, it is expected to be $25 million to $30 million per percentage point and thought to be interested in one or two percentage points. The Yankees are valued around $3 billion or more.
The effort is being led by Mitt’s son Tagg, one of his brothers and their business partners. Mitt’s spokesman tells Jon Heyman that he has nothing to do with it personally. Tagg Romney is reported to have been planning a bid for controlling interest in the Marlins, but that has fallen through.
I find this interesting insofar as the M.O. for the Steinbrenners has, for years, been to buy out minority shareholders in the Yankees, not seek more. Indeed, when George Steinbrenner bought the Yankees back in 1973 he held just a bare controlling interest and there were a ton of silent partners, most of which were back in Ohio and knew Steinbrenner from his shipping business. I’ve personally gotten to know some of them over the years as there are a handful of them in Columbus and I crossed paths with them in my legal career. They have almost all been bought out in the past couple of decades. They still get season tickets and World Series rings and stuff. You can tell them by their personalized Yankees plates and the fact that, within the first ten minutes of meeting them, they will tell you that they once owned a piece of the Yankees but got pushed out.
In light of all of that it’s interesting that the Steinbrenners are once again accepting bids for small stakes in the team. Especially from someone whose interest in controlling the Marlins suggests that they do not consider it to be a mere vanity investment. Makes me wonder what the Steinbrenners’ long term plans are.
The Nationals will be many people’s favorites in the NL East this season. Not everything is looking great, however. For example, their ace — defending NL Cy Young winner Max Scherzer — can’t even throw fastballs right now.
The reason: the stress fracture he suffered last August is still causing him problems and Scherzer is unable to use his fastball grip without feeling pain in his right ring finger. He will throw a bullpen session tomorrow, but will only use his secondary stuff.
Scherzer has not been ruled out for Opening Day — the fact that he is throwing some means that his timetable isn’t totally on hold — but you have to figure, at some point, not being able to air things out and use his heater will lead to some problems in his spring training routine.