Pete Rose banishment document fails to reach reserve price at auction on Saturday night

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ESPN’s Darren Rovell tells this depressing tale:

Pete Rose’s copy of the document that banished him from baseball failed to meet its reserve price when the auction closed on Saturday night.

The document, signed by “Peter Edward Rose,” as well as by then commissioner A. Bart Giamatti and deputy commissioner Fay Vincent, received bids up to $235,000.

But Ken Goldin of Goldin Auctions, told ESPN.com that it did not meet the reserve price, which has not been revealed.

The document does not include an admission by Rose that he bet on baseball — that came later in a 2004 autobiography titled “My Prison Without Bars” — but it did officially make him ineligible for the Hall of Fame and barred him from ever getting another job in MLB.

Goldin called it “the most important document in baseball history,” but collectors apparently did not agree.

The 1919 contract that sent Babe Ruth from the Red Sox to the Yankees sold for $996,000 in 2005.

Rockies acquire Zac Rosscup from Cubs

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The Rockies announced a minor swap of relief pitchers on Monday evening. The Cubs sent lefty Zac Rosscup to the Rockies in exchange for right-hander Matt Carasiti.

Rosscup, 29, was designated for assignment by the Cubs last Thursday. He spent only two-thirds of an inning in the majors this year and has a 5.32 career ERA across 47 1/3 innings. Rosscup has spent most of the season with Triple-A Iowa, posting a 2.60 ERA in 27 2/3 innings.

Carasiti, 25, spent 15 2/3 innings in the majors last year, putting up an ugly 9.19 ERA. With Triple-A Albuquerque this season, he compiled a 2.37 ERA and a 43/13 K/BB ratio in 30 1/3 innings.

U.S. Court of Appeals affirms ruling that the minor leagues are exempt from federal antitrust law

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The Associated Press reported that on Monday, the U.S. Court of Appeals for the 9th Circuit affirmed a district court ruling which holds that the minor leagues are exempt from federal antitrust law, just like the major leagues.

In 2015, four minor leaguers sued Major League Baseball, alleging that MLB violated antitrust laws with its hiring and employment policies. They accused MLB of “restrain[ing] horizontal competition between and among” franchises and “artificially and illegally depressing” the salaries of minor league players.

The U.S. Court of Appeals said the players failed to state an antitrust claim, as the Curt Flood Act of 1998 exempted Minor League Baseball explicitly from antitrust laws.

This case is separate from the Aaron Senne case in which Major League Baseball is accused of violating the Fair Labor Standards Act. That case was recertified as a class action lawsuit in March. In December, Major League Baseball established a political action committee (PAC), which came months after two members of Congress sought to change language in the FLSA so that minor league players could continue to be paid substandard wages.