Not long after he was hired as the Cardinals’ replacement for Tony La Russa in the dugout, it was reported that Mike Matheny was in serious debt due to bad real estate deals that cost him his 17-room home in Missouri.
14 months later, Matheny was still fighting over just how much he owes the Business Bank of St. Louis, but he lost his case today in front of Judge Tom DePriest, the St. Louis Post-Dispatch reports.
It was reported last year that Matheny might owe more than $4 million after he stopped making payments on land he and a business partner bought. No financial details came out of today’s judgment, though. That matter will be settled during a March 13 hearing.
Matheny made nearly $20 million in a major league career that came to a close in 2006. He sold his home for $1.9 million in 2010 prior to its foreclosure. $1 million of that went to the Business Bank, which claimed that Matheny owed $10.2 million. While his annual salary from managing the Cardinals was never disclosed, Matheny likely makes somewhere between $1 million-$1.5 million per year.
Free agent first baseman James Loney has reportedly signed a minor league deal with the Rangers, per FanRag Sports’ Jon Heyman. The deal includes an invite to spring training and a $1 million salary if he makes the major league roster in 2017.
Loney picked up a one-year stint and starting role with the Mets in 2016, slashing .265/.307/.397 with nine home runs in 336 PA. While his numbers were down a hair from the .280/.322/.357 batting line he produced with the Rays in 2015, he provided the Mets with a necessary, if underwhelming upgrade over an injured Lucas Duda through most of the season.
The 32-year-old infielder is expected to have some competition at first base, with at least five other candidates in the mix: Jurickson Profar, Ronald Guzman, Ryan Rua, Joey Gallo and Josh Hamilton. Rumor has it that the team is planning on platooning Rua and Profar in 2017, barring any impressive breakouts or injuries during spring training, though Loney could still provide the club with some veteran depth and a decent left-handed bat off the bench.
Comments from an anonymous team official suggest that Rangers right-hander Tyson Ross will not be expected to join the rotation until May or June, per a report from Jeff Wilson of the Fort Worth Star-Telegram. Both Ross and GM Jon Daniels favor a conservative approach for the 29-year-old as he works his way back up to full health after undergoing surgery last October to relieve thoracic outlet syndrome.
The delay is reportedly being implemented so that Ross will be have the strength and stamina to contribute during the stretch run. Per Daniels:
We would rather err on a little extra time up front with the goal being to finish strong, pitching in big spots, meaningful games down the stretch and hopefully past 162.
Ross signed a one-year deal with the team on Thursday after pitching through an injury-riddled season with the Padres in 2016. If all goes according to plan, he’ll slot into a rotation that includes Yu Darvish, Cole Hamels, Andrew Cashner and Martin Perez. The Rangers are expected to narrow down their fifth starter alternatives in spring training.