After seeing the market for his services dwindle for nearly the entire offseason, Michael Bourn has finally found a home.
According to Jon Heyman of CBS Sports, Bourn has agreed to a contract with the Indians. The deal is worth $48 million over four years and includes a vesting option for a fifth year which could push the total to $60 million.
Bourn originally hoped to land a deal north of the five-year, $75.25 million contract B.J. Upton signed with the Braves, so this looks like a relative bargain in comparison. Still, Scott Boras deserves credit for getting a pretty good deal for his client given the circumstances. While the Mets were reluctant to give up their first-round pick (11th overall) and draft pool money to sign Bourn, Cleveland’s first-round pick is protected. The Indians forfeited their second-round pick to sign Nick Swisher, so Jim Callis of Baseball America hears that they’ll give up their competitive balance pick (No. 69 overall) to bring Bourn into the fold.
The Indians were mentioned as a possibility for Bourn as recently as last week, so this doesn’t come completely out of nowhere. However, it seemed like a long shot at the time given that Swisher, Michael Brantley and Drew Stubbs were already in-house for the outfield. It’s a pretty good bet that Bourn, Swisher and Brantley will be in the lineup on most days, though Swisher and Mark Reynolds could alternate between first base/DH duties, opening up a spot for the speedy Stubbs in right. The Indians could also explore trades involving Stubbs. All in all, it’s a pretty nice problem to have. I don’t think the Indians have enough pitching to threaten the Tigers in the AL Central, but it looks like Terry Francona’s first year as skipper will be an interesting one.
UPDATE: According to Joel Sherman of the New York Post, the Mets also made a four-year, $48 million offer to Bourn. However, they were informed that it would take an arbitrator two to three weeks to decide whether they would be able to keep their first-round pick. And with spring training approaching, Bourn just wasn’t willing to wait that long, so he took the Indians’ deal.
Mitt Romney built his professional life in Massachusetts and was once the governor of the state. As such, it is not surprising that he has long identified as a Red Sox fan. So this has to be troubling to him from a fan’s perspective. From Jon Heyman:
The Romney family is bidding to buy a small stake in the Yankees months after their try for the Marlins stalled. If the deal goes through, it is expected to be $25 million to $30 million per percentage point and thought to be interested in one or two percentage points. The Yankees are valued around $3 billion or more.
The effort is being led by Mitt’s son Tagg, one of his brothers and their business partners. Mitt’s spokesman tells Jon Heyman that he has nothing to do with it personally. Tagg Romney is reported to have been planning a bid for controlling interest in the Marlins, but that has fallen through.
I find this interesting insofar as the M.O. for the Steinbrenners has, for years, been to buy out minority shareholders in the Yankees, not seek more. Indeed, when George Steinbrenner bought the Yankees back in 1973 he held just a bare controlling interest and there were a ton of silent partners, most of which were back in Ohio and knew Steinbrenner from his shipping business. I’ve personally gotten to know some of them over the years as there are a handful of them in Columbus and I crossed paths with them in my legal career. They have almost all been bought out in the past couple of decades. They still get season tickets and World Series rings and stuff. You can tell them by their personalized Yankees plates and the fact that, within the first ten minutes of meeting them, they will tell you that they once owned a piece of the Yankees but got pushed out.
In light of all of that it’s interesting that the Steinbrenners are once again accepting bids for small stakes in the team. Especially from someone whose interest in controlling the Marlins suggests that they do not consider it to be a mere vanity investment. Makes me wonder what the Steinbrenners’ long term plans are.
The Nationals will be many people’s favorites in the NL East this season. Not everything is looking great, however. For example, their ace — defending NL Cy Young winner Max Scherzer — can’t even throw fastballs right now.
The reason: the stress fracture he suffered last August is still causing him problems and Scherzer is unable to use his fastball grip without feeling pain in his right ring finger. He will throw a bullpen session tomorrow, but will only use his secondary stuff.
Scherzer has not been ruled out for Opening Day — the fact that he is throwing some means that his timetable isn’t totally on hold — but you have to figure, at some point, not being able to air things out and use his heater will lead to some problems in his spring training routine.