Frank McCourt bought the Los Angeles Dodgers for $430 million in 2004. Then he chopped his team up, poured kerosene all over it, torched it, and then peed on it while the flames rose higher and higher and he still realized a 500% appreciation of his asset in less than eight years.
Bernie Madoff was inventing investment returns from whole cloth and even he didn’t have the guts to do that. Would have been far too ridiculous. Meth dealers don’t get that kind of return. Maybe the cash doesn’t flow in as much as some owners would like, but they are all sitting on crazy-appreciating assets. Owning a baseball team is a license to print money, even if you haven’t a clue of what you’re doing.
So I guess what I’m saying is, the next time you hear the owner of a major league baseball team cry poor, the next time you hear an owner say that they can’t sign that player everyone likes, the next time you hear an owner say that the taxpayers need to give him a publicly-funded ballpark or else the world will end, please remember the $2.15 billion sale of the Los Angeles Dodgers and kindly call b.s. on that noise.
The Braves have signed reliever Blaine Boyer to a minor league contract with an invitation to spring training, MLB.com’s Mark Bowman reports. Bowman adds that the right-hander has a “good chance” to make the Braves’ bullpen out of spring training.
Boyer, 35, spent the past season with the Brewers, finishing with a 3.95 ERA and a 26/17 K/BB ratio in 66 innings.
Boyer, of course, started his professional baseball career with the Braves as they selected him in the third round of the 2000 draft. Since the Braves traded him in 2009, Boyer has pitched for the Cardinals, Diamondbacks, Mets, Padres, and Twins along with the Brewers.
Update (6:48 PM EST): Topkin reports the contract will be of the major league variety.
Marc Topkin of the Tampa Bay Times reports that the Rays and free agent reliever Shawn Tolleson are close to finalizing a contract.
Tolleson, who turns 29 years old on Thursday, had an ugly 2016 season, finishing with a 7.68 ERA and a 29/10 K/BB ratio in 36 1/3 innings. He was one of the Rangers’ best relievers in the two seasons prior to that, however, which included saving 35 games in 2015.