Time Warner, Dodgers agree on new TV network

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This has been in the works for some time, but it sounds like it’s actually going to happen: Scott Soshnick of Bloomberg reports that Guggenheim partners — the group which owns the Dodgers — and Time Warner have reached an agreement to create a Dodgers TV network. Soshnick says that Guggenheim will own the regional sports network and Time Warner will serve as its administrator.

This, as we have long noted, will result in a huge windfall for Guggenheim and, in turn, the Dodgers, giving them as much as ten or even twenty times more a year in local TV dollars than some of the other teams in the league.

This financial windfall, and subsequent disparity, is the single most significant financial factor in all of baseball these days. Nothing teams do as far as payroll, marketing and anything else can be understood without grokking this single fact.

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.