Jeffrey Loria has long been on the short list of MLB’s worst owners, but he’s truly outdone himself now by trading Jose Reyes and Mark Buehrle, just one year after signing them to long-term deals, along with Josh Johnson, Emilio Bonifacio and John Buck to the Blue Jays on Tuesday.
Of course, the topper is that the move comes one year after the Marlins opened a new publicly funded stadium in Miami.
Loria amassed his fortune as an art dealer. Now he looks like a scam artist. Certainly the bait-and-switch has rarely been pulled off so artfully.
The Marlins had a $95 million payroll in 2012 after signing a trio of big-name free agents in Reyes, Buehrle and Heath Bell last winter. Now all three are gone, with a combined 10 seasons left on their contracts. Also gone are the team’s two most expensive holdovers in Hanley Ramirez and Johnson.
What’s left is a shell of a franchise, one that will almost certainly have the lowest payroll in baseball. More importantly, it will have no credibility in the eyes of its employees or fans. It’s lone remaining star, Giancarlo Stanton, has already expressed his anger. It’s hard to imagine him ever signing a long-term deal with the club, which could mean he’ll be the big name to go next winter.
Loria has now entered two markets and all but wrecked baseball for both of them. It’s in the best interests of the game that he exit for good. Commissioner Bud Selig should step in and apply as much pressure as he legally can in order to get Loria to sell. Otherwise, Loria and the deal that allowed him to trade the Montreal Expos for the Marlins will go down as black marks on Selig’s legacy.
Ken Rosenthal of FOX Sports reports that the Cubs have signed pitcher Brett Anderson to a contract, pending a physical. Anderson, apparently, impressed the Cubs during a bullpen session held in Arizona recently. According to Jeff Passan of Yahoo Sports, the deal is for $3.5 million, but incentives can bring the total value up to $10 million.
Anderson, 28, has only made a total of 53 starts and 12 relief appearances over the past five seasons due to a litany of injuries. This past season, he made just three starts and one relief appearance, yielding 15 runs on 25 hits and four walks with five strikeouts in 11 1/3 innings. The lefty dealt with back, wrist, and blister issues throughout the year.
When he’s healthy, Anderson is a solid arm to have at the back of a starting rotation or in the bullpen. The defending world champion Cubs aren’t risking much in bringing him on board.
Ken Rosenthal of FOX Sports provides an interesting window into how teams handle a player’s contract after he has died in an accident. It was reported on Sunday that Royals pitcher Yordano Ventura died in a car accident in the Dominican Republic. He had three guaranteed years at a combined $19.25 million as well as two $12 million club options with a $1 million buyout each for the 2020-21 seasons.
What happens to that money? Well, that depends on the results of a toxicology report, Rosenthal explains. If it is revealed that Ventura was driving under the influence, payment to his estate can be nullified. The Royals may still choose to pay his estate some money as a gesture of good will, but they would be under no obligation to do so. However, if Ventura’s death was accidental and not caused by his driving under the influence, then his contract remains fully guaranteed and the Royals would have to pay it towards his estate. The Royals would be reimbursed by insurance for an as yet unknown portion of that contract.
The results of the toxicology report won’t be known for another three weeks, according to Royals GM Dayton Moore. Dominican Republic authorities said that there was no alcohol found at the scene.
Ventura’s situation is different than that of Marlins pitcher Jose Fernandez, who died in a boating accident this past September. Fernandez was not under contract beyond 2016. He was also legally drunk and cocaine was found in his system after the accident. Still, it is unclear whether or not Fernandez was driving the boat. As a result, his estate will receive an accidental death payment of $1.05 million as well as $450,000 through the players’ standard benefits package, Rosenthal points out.