Target Field on pace to be paid off early

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All publicly-funded stadium projects stink, but some stink less than others. At least the one for Target Field hasn’t devolved into a horrifying mess like the ones in Miami, Cincinnati and elsewhere. In fact, it’s on pace to be paid off early:

For Target Field, Hennepin County’s initial plan was to make the final debt payment in 2037, but the payoff now could come five or 10 years sooner, according to county Budget and Finance Director Dave Lawless.

Too bad that $350 million in public funds couldn’t have been so efficiently directed to something besides a ballpark which is owned by and directly benefits one of the richest families in the United States.

*Correction: The Pohlads lease Target Field. They still benefit greatly from it, of course.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.