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The Denver Post to sell its share of the Colorado Rockies

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In other news, the Denver Post owns a share of the Colorado Rockies:

The Post holds a 7.3 percent state in the major league baseball club that is majority owned by brothers Dick and Charlie Monfort. Ed Moss, CEO of the Denver Post, said Digital First Media, which operates MediaNews Group, owner of the newspaper, is seeking to sell the minority stake in the Rockies as the Post focuses on core print and digital business.

It always seems strange to me when newspapers own chunks of businesses which constitute a significant part of the news they cover. I mean, the Rockies don’t make the news randomly, in situations where a brief disclaimer can clear up a potential conflict of interest. They’re assured to be a day-in-day-out part of the Post’s sports section. To my knowledge nothing untoward has ever come of this relationship, but one wonders what the coverage of the Rockies would have been like if their ownership group found itself in a Frank McCourt or Wilpons/Madoff situation.

As for the sale: heck, with franchise values ascending like they are right now, it might not be a bad time for minority owners to cash in. There’s a huge bubble in team values these days and while it may not burst violently like the housing market did, no investment appreciates forever. Oh, and newspapers, in this day and age, could use some cash.

Report: Royals and Eric Hosmer have discussed a long-term contract extension

SAN DIEGO, CA - JULY 12:  Eric Hosmer #35 of the Kansas City Royals and the American League rounds the bases after hitting a home run against the National League in the 2nd inning of the 87th Annual MLB All-Star Game at PETCO Park on July 12, 2016 in San Diego, California.  (Photo by Denis Poroy/Getty Images)
Denis Poroy/Getty Images
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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.

Yankees sign Jon Niese to a minor league deal

PHOENIX, AZ - AUGUST 17:  Jonathon Niese #49 of the New York Mets delivers a pitch during the first inning against the Arizona Diamondbacks at Chase Field on August 17, 2016 in Phoenix, Arizona.  (Photo by Jennifer Stewart/Getty Images)
Jennifer Stewart/Getty Images
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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.