It was pretty clever of Jeff Luhnow to turn Brett Myers into a closer this year, so as to up his trade value at the deadline (everyone wants bullpen help). But to do that, he had to rework Myers’ vesting option language in his contract from one appropriate for a starter to one appropriate for a reliever.
Ken Rosenthal reports that the new vesting option makes it almost certain that Myers is going to go someplace at the deadline, and possibly more cheaply than anticipated:
The Astros reworked Myers’ vesting option when they converted him from a starter to closer in spring training. Under his initial deal, he needed to make only 25 starts and not be on the DL at the end of the season to guarantee his $10 million option for 2013.
The exact number of games that Myers needs to finish for his option to vest under the reworked terms is not known, but the degree of difficulty is comparable to what it was for him as a starter, according to a major-league source. The best estimate, then, is that the number is between 40 and 50.
And as Rosenthal notes, Myers is on pace to finish 57 games. This means that, like K-Rod last year, Myers likely has setup man duties in his future on a contender so no one will have to pay that unit* to him in 2013.
*I like to use the term “unit” to refer to $10 million. I was told by a former client that this is what the newly rich — particularly Texas oilmen of the 1970s — called $10 million anyway. As in “I got my first unit in 1977, right after we struck on that land east of Fort Stockton …” and so forth. I want to believe this is true, though I sometimes suspect I was being put on.
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.