Rob Manfred

MLB now acknowledges that owners are discussing changes to the pension plan

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The other day, when Adam Rubin reported that MLB owners were considering eliminating the pension plan offered to non-uniformed employees like scouts, administrative staff and the like, MLB Vice President Rob Manfred said that there had been “no discussions” about eliminating the pension plans.

Rubin has updated his report:

MLB executive vice president Rob Manfred acknowledged that candid discussions on the topic have gone on for “several years,” but he disputed that pensions will go away entirely.

“No one is suggesting that pension plans are going to be eliminated,” he said. “What the conversation has been about is allowing individual clubs more flexibility as to what exactly their pension plan is going to look like. Nobody is suggesting there is going to be no plan … for anybody. The issue is in the current arrangement we essentially mandate a particular type of defined benefit pension plan. The question is whether the individual team should have more flexibility to design a program that is effective to them.”

Well, that is a discussion, actually. And, actually, teams were already able to opt out of the plan and institute their own as long as it conformed in certain respects to the existing plan.  It’s also worth noting that every company in the history of commerce who cut benefits to employees did so under the guise of “flexibility.” It’s the number on H.R. buzzword for “you guys are now going to be paying more for health insurance” or “you guys are now going to be paying for your own retirement” and the like.

There is a suggestion in the article that MLB may consider keeping things status quo for existing employees and simply not offer pensions to new hires. That would be a way, way better solution than the one Rubin first reported the other day. At least that gives potential hires notice as to what they’re getting into and does not change things for people in midstream.

But a larger lesson here: when Rob Manfred says that something is not so, wait a couple of days and that position may … evolve.

Mitt Romney’s sons are trying to buy a stake in the Yankees

TAMPA, FL - AUGUST 30:  Tagg Romney son of Republican presidential candidate, former Massachusetts Gov. Mitt Romney gives an interview during the final day of the Republican National Convention at the Tampa Bay Times Forum on August 30, 2012 in Tampa, Florida. Former Massachusetts Gov. Mitt Romney was nominated as the Republican presidential candidate during the RNC which will conclude today.  (Photo by Chip Somodevilla/Getty Images)
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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.

Max Scherzer still can’t throw fastballs

WASHINGTON, DC - OCTOBER 13: Max Scherzer #31 of the Washington Nationals works against the Los Angeles Dodgers in the fifth inning during game five of the National League Division Series at Nationals Park on October 13, 2016 in Washington, DC. (Photo by Rob Carr/Getty Images)
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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.