Image (1) yankee%20stadium.jpg for post 4012

UPDATE: MLB issues a statement denying the Yankees sale rumors

41 Comments

UPDATE: Apparently the “Yankees could be sold” thing is a rumor so baseless that even MLB has issued a statement on the thing:

  “Major League Baseball has received no indications from any representatives of the New York Yankees or anyone else that the Club is for sale.”

So, in addition to the owners calling the news story “fiction,” there being no practical way for the team to be sold due to tax consequences and one of the writers of the article itself all but admitting it’s bull, the league has called it nonsense.

Good work, Daily News!  Please remember this the next time one of the people who work for you point at some internet writer and accuse them of ruining journalism.

9:01 AM: I tell ya, if George Steinbrenner were alive he’d be so mad at how the Yankees have been playing he’d get rid of the team! THE ENTIRE TEAM!

Rumors are flying in Major League Baseball and New York banking circles that the family that has owned Major League Baseball’s premiere franchise since Cleveland shipbuilder George Steinbrenner purchased the club for $8.8 million in 1973 is exploring the possibility of selling the Yankees.

Multiple baseball and finance sources told the Daily News they are hearing that the team the Steinbrenner family has led to seven World Series titles could be put on the block in the wake of the record sale price of $2.175 billion the Los Angeles Dodgers went for in April.

While it would seem to make decent financial sense to at least consider the possibility — if the Dodgers are worth a couple of billion the Yankees have to be worth more and, really, how much higher can franchise values go? — team president Randy Levine denied the rumors, saying that “there is absolutely, positively nothing to this.” Hal Steinbrenner called it “complete fiction.”

What’s more, the speculation in the article about it being a good time because the team is aging should probably be ignored. Because really, the value of the Yankees is not something that is going to crater or peak based on a ten-game swing of wins from one year to the rest. If they are ever sold it will be because someone is valuing them as an enduring entertainment and marketing brand, not as a team that, in a given year, may contend in the AL East.

That said, (a) if I was thinking of selling the team I wouldn’t admit it either; and (b) again, how much higher can franchise values climb?  If someone wanted to give you, I dunno, three billion for the Yankees, wouldn’t you be an idiot not to take it? That’s the likely source of this stuff — banker speculation and out-of-the-loop figurin’, not any real interest on the Yankees part to sell.

UPDATE: This seems to have less meat to it than a vegan cookout:

But hey, it’s fun to make stuff up too.  Also: Bill Madden of the Daily News is apparently on New York radio this morning being asked about it and people who are listening are saying that he’s all but saying it’s a b.s. story but is stopping just short given that, you know, his colleagues wrote it.  Oh, wait, his name is second on the byline.  Great job, Spink Award Winning Writer Bill Madden!

Marc Rzepczynski signs two-year, $11 million contract with Mariners

WASHINGTON, DC - OCTOBER 9: Marc Rzepczynski #23 of the Washington Nationals looks on before pitching against the Los Angeles Dodgers in the sixth inning during game two of the National League Division Series at Nationals Park on October 9, 2016 in Washington, DC. (Photo by Rob Carr/Getty Images)
Getty Images
1 Comment

After rumors of the deal surfaced on Thursday, the Mariners officially signed veteran reliever Marc Rzepczynski to a two-year, $11 million deal on Friday night. Per a report by ESPN’s Jerry Crasnick, the lefty is due $5.5 million in 2017 and 2018.

The signing marks the left-hander’s fourth trade since July 2015. He bounced from the Indians to the Padres at the 2015 trade deadline, then to the Athletics in the offseason, then to the Nationals in late August of 2016. Last season, he pitched to a career-best 2.64 ERA during 47 2/3 innings with the Athletics and Nationals, but hit an all-time low with 5.5 BB/9 that fed into a 1.59 K/BB rate. While the 31-year-old’s split against right-handed batters are underwhelming (a career .277/.377/.431 line with 123 walks and 24 home runs), he’s held lefties to a respectable .222/.291/.298 line with just 52 walks and eight homers.

Adding Rzepczynski to the bullpen should check off another to-do item for Mariners’ GM Jerry Dipoto, though FanRag Sports’ Jon Heyman notes that the club is still likely to pursue an additional reliever and a No. 4 starter before the offseason comes to a close.

2016 Winter Meetings Preview

NATIONAL HARBOR, MD - FEBRUARY 26: The Gaylord National Resort and Convention Center is seen along the Potomac River February 26, 2014 in National Harbor, Maryland.  (Photo by Chip Somodevilla/Getty Images)
Getty Images
1 Comment

The baseball world will descend on Washington D.C. — well, the Maryland suburbs of Washington, at the Gaylord Resort at National Harbor — this weekend for the 2016 Winter Meetings. There’s a lot of work to be done.

Twenty free agents from a class of 191 have signed thus far. Among the notable: Yoenis Cespedes, Edinson Volquez, Neil Walker, Josh Reddick, Bartolo Colon, and R.A. Dickey. That, of course, leaves a ton of notables left, including Edwin Encarnacion, Justin Turner, Jose Bautista, Aroldis Chapman, Kenley Jansen, Mark Trumbo, Mark Melancon, Rich Hill and a host of others. Here is our rundown of this offseason’s top free agents if you’re curious. As you have come to expect from us, we’ll have a writeup of everyone who signs, faster than almost anyone else will.

Despite the sheer number of available free agents, this is an historically thin free agent class in terms of talent. That means that, for a team to improve significantly, they may be better served by making a trade. We’ve seen a couple already, most notably the deals which sent Taijuan Walker to the Diamondbacks, Jaime Garcia to the Braves and Brian McCann to the Astros. Most experts believe there will be plenty more this winter, and the ball could really get rolling on that in the next week with guys like Andrew McCutchen, Chris Sale, Chris Archer, Jay Bruce, Curtis Granderson and Brandon Phillips on the block.

Another major activity of the Winter Meetings is the Hall of Fame Veterans Committee vote. Except, this year, there is no Veterans Committee, at least in name. It’s now the “Today’s Game” committee. Here are links to breakdowns of the candidacies of all ten men on the ballot the new committee will consider:

Harold Baines
Albert Belle
Will Clark
Orel Hershiser
Mark McGwire
George Steinbrenner
Davey Johnson
Lou Piniella
John Shuerholz
Bud Selig

Trade deals, free agent negotiations and Hall of Fame votes take place behind closed doors at the Gaylord Resort. One of the major public activities of the Winter Meetings is when all 30 of the managers meet and greet the press. This year’s new faces are Torey Lovullo with the Diamondbacks, Rick Renteria with the White Sox and Bud Black with the Rockies. Brian Snitker, now the permanent manager of the Braves, will get his first go-around at the managerial cattle call. I’ll be in the scrum for a lot of these guys — they do them two at a time so I can’t see everyone — and will let you know if they say anything fun.

Outside of the transactions and the Hall of Fame stuff, we have the more mundane Winter Meetings business. And a lot of it. Indeed, the vast majority of the people at the Meetings aren’t there for transactions. They’re there to network, seek jobs and discuss the business of baseball like any other industry convention. Ever year we hear about a rule change or a proposal for future rule changes at the Meetings, though this year’s brand new Collective Bargaining Agreement should overshadow that. We’ve already discussed the major points of that and, yesterday, I speculated that, as time goes on, the way this agreement was reached could lead to some serious strife going forward, particularly on the union side. Expect to hear some anonymous rumblings about all of that in the next few days, from players, agents and other interested parties who may not be all that pleased with how it goes.

The final event of the Winter Meetings is the Rule 5 Draft, which will take place at 8am on Thursday morning. You likely have no idea who most of the players who will be selected are, but here’s a good place to start your research on that. If your team takes someone in the draft, the most important thing to know is that he’ll either be on the big league roster all year or he’ll have to be returned to his original team. Well, they could be stashed on the disabled list with phantom injuries so they won’t have to be returned, but no team would ever do that, would they? Perish the thought.

So, yes, there’s a lot to be done. I’ll be on the scene at National Harbor, bringing you all the best hot stove business we have to offer and, as usual, some more fun odds and ends from baseball’s biggest offseason event. As they used to say in radio, tune in to us and rip off the dial. Or, at the very least, keep a tab open to us and refresh a lot.