Marlins Park may cost less than expected. But Jeff Loria will benefit, not the taxpayers

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Every time I read some new detail about the financing of Marlins Park I find new reason to be gobsmacked at how thoroughly it screws Miami taxpayers. The latest from Charles Rabin of the Miami Herald:

Building the Miami Marlins’ new stadium may end up costing tens of millions of dollars less than planned. And where would the left-over money go? To a maintenance reserve that would save the Marlins from having to dip into their pockets in the future to maintain and repair the stadium.

As the article notes, the norm in baseball is for teams, even those who play in publicly-funded ballparks, to pay for upgrades and upkeep to the park themselves. The Marlins do too, but rather than dip into their own coffers to pay for future upgrades, they’re getting a windfall worth tens of millions of dollars to cushion the blow. Just incredible.

(thanks to Old Gator for the heads up)

Report: Pirates sign Felipe Rivero to four-year contract extension

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Ken Rosenthal of The Athletic reports that the Pirates will sign reliever Felipe Rivero to a four-year contract extension that includes two club options. The total value of the deal is believed to be $22 million and each club option is worth $10 million.

Rivero, 26, did not come to an agreement with the Pirates to avoid arbitration in his first year of eligibility ahead of last Friday’s deadline. He requested a $2.9 million salary for the 2018 season while the Pirates countered at $2.4 million. This extension will cover all four years of Rivero’s arbitration eligibility and the two club options can cover his first two years of free agency as well.

Rivero was one of baseball’s best relievers last season, finishing with 21 saves, a 1.67 ERA, and an 88/20 K/BB ratio in 75 1/3 innings. The Pirates acquired him from the Nationals along with minor leaguer Taylor Hearn ahead of the 2016 non-waiver trade deadline in the Mark Melancon deal.

Presumably, Rivero’s extension was in the works before he knew anything about the Andrew McCutchen trade. He made a couple of tweets following this afternoon’s news. In one, he used only the “facepalm” emoji. The other was a .gif of The Office character Jim Halpert yelling, “What is going on?”