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.
On Sunday, we heard from former Ray and current Giants third baseman Evan Longoria. The Rays recently traded pitcher Jake Odorizzi to the Twins for a prospect and designated All-Star outfielder Corey Dickerson for assignment, which didn’t make a whole lot of sense outside of a cost-cutting perspective. Longoria said, “I just kind of feel sorry for the Rays fan base.”
Today, we’re hearing from a current Ray: center fielder Kevin Kiermaier, who is set to enter his fifth full season with the club. Via Marc Topkin of the Tampa Bay Times, Kiermaier said, “I am 100 percent frustrated and very upset with the moves. No beating around the bush. It’s one of those things that makes you scratch your head, you don’t know the reasoning why. And then you see the team’s explanation and still it’s just like, okay, well, so be it.”
Longoria — formerly the face of the franchise — was traded to the Giants in December and the Rays continued to subtract with their recent moves involving Odorizzi and Dickerson. Odorizzi has a career 3.83 ERA in what has been a solid, if unspectacular, career. Dickerson put up an All-Star season, posting an .815 OPS with 27 home runs in 150 games. Moving either player was not done to fix a positional log jam. In fact, with Odorizzi out of the picture, the Rays are planning to use a four-man starting rotation for the first six-plus weeks of the season, Topkin reported on Sunday. Dickerson’s ouster simply opens the door for Mallex Smith, who posted a .684 OPS last year, to start every day in the outfield.
The Rays got markedly worse after going 80-82 last season. They saved a few million bucks jettisoning Odorizzi and Dickerson. And Rays ownership still wants the public to foot most of the bill for their new stadium.
When it was just one small market team pinching pennies, it was fine. But now that more than half of the league has adopted penny-pinching principles popularized by Moneyball and Sabermetrics (with the Rays among the chief offenders), the game of baseball has become markedly less fan- and player-friendly. This offseason has been less about players signing contracts and changing teams in trades — which helps build excitement and intrigue for the coming year — and more about front offices doing math problems concerning the $197 million competitive balance tax threshold and other self-imposed monetary restraints. Fun. Kiermaier is right to be upset and he’s very likely not alone in feeling that way.