Mark Cuban’s name is always mentioned when a baseball team is up for sale. Yet he never seals the deal. It just happened with the Dodgers too. His explanation:
“The economics got so out of control because the Dodgers’ TV deal’s up for bid and so there’s a lot of groups coming in going, ‘This TV deal’s worth so much money that we’re gonna pay whatever it takes to get the Dodgers.’ And so they’re buying the TV rights deal first and the team second,” Mark said.
So what? All of these groups are helmed by billionaire investor types who know a thing or two about money. There’s, like, a dozen of them. Are they all irrational? Are they all irrational in thinking, contrary to Cuban’s implication here, that a bid on the Dodgers + the TV rights would make money?
I’m all for occupying whatever and sticking it to those billionaires, but when a bunch of them all think something is a good investment, they’re probably right. The fact a highly-lucrative TV rights sale is in the offing, if anything, seems like a lure to buying the team, not a deterrent as Cuban suggests.
Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.
Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.
Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.
Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.
According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.
Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.