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UPDATE: Astros deny Forbes report about team’s profit

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UPDATE: According to the Houston Chronicle, the Astros have issued the following statement denying the report from Forbes about the team’s record profit:

As MLB will confirm, the information reported in the Forbes article relating to the Astros’ revenues, the Astros’ media rights fee from CSN Houston, and CSN Houston’s per subscriber rate are all significantly inaccurate. As a result, the conclusion about the Astros’ operational profit is significantly inaccurate.

The Astros will continue to operate the team in a fiscally responsible manner that will make the City of Houston proud. We are very excited about our accomplishments and we remain steadfast in our commitment to this rebuilding process. We have established a basis of young talent on our MLB roster that will continue to improve. And our minor league system is now one of the best in MLB. As our young prospects develop, we will move them up to the Major League roster and increase our payroll to a level that will allow the Astros to compete for World Championships. The success of CSN Houston is a vital piece of that process and we continue to work toward establishing full distribution.

3:30 p.m. ET: Get a big TV contract while you’re slashing payroll in a monster rebuild that is past the “ugh, we can’t look” stage and into the “hey, moral victories are great!” stage and you’re gonna be profitable. But this is kinda nuts. From Forbes:

The Astros are on pace to rake in an estimated $99 million in operating income this season. That is nearly as much as the estimated operating income of the previous six World Series championship teams — combined.

I imagine some people will have a problem with this, arguing that Houston should up its payroll more, but really, I’m not sure why they should. They’re not a couple of highly-priced players away from contention. Why throw $20-30 million in the toilet unless it will do something meaningful on the field? They’re going to finish 30-40 games out of first place. Should they try to finish 20 games out? Will that really make fans any happier? Indeed, given the kinds of players that money would likely bring in — veterans who have used up their last chances to play for a winner — it would probably be more depressing than what the Astros have now. At least young unknowns can serve as a canvass on which fans can paint their hopes and dreams, even if that kind of painting tends to be somewhat unrealistic.

The Astros wouldn’t have such a low payroll now if their previous ownership hadn’t put off the hard work of rebuilding for so long. But this is where they are. If they are still cutting payroll and raking in profits when some additional expenditures could reasonably mean the difference between being in or out of the playoffs, fine, let’s go after them then.

Braves sign Jacob Lindgren to one-year deal

OAKLAND, CA - MAY 29:  Jacob Lindgren #64 of the New York Yankees watches Brett Lawrie #15 of the Oakland Athletics round the bases after he hit a home run in the eighth inning at O.co Coliseum on May 29, 2015 in Oakland, California.  (Photo by Ezra Shaw/Getty Images)
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The Braves signed left-handed reliever Jacob Lindgren to a one-year deal, according to a team announcement on Sunday.

Lindgren, the Yankees’ top draft pick in 2014, was nicknamed “The Strikeout Factory” after blowing through four levels of New York’s farm system in 2014. He started the 2015 season in Triple-A Scranton/Wilkes-Barre and was called up for his major league debut only two months into the 2015 season. The 22-year-old lasted seven innings with the club before succumbing to bone chips in his elbow, and underwent bone spur surgery in June before trying his luck again during spring training in 2016.

In August, the Yankees shut Lindgren down for the remainder of the season so the lefty could undergo Tommy John surgery. With a projected return date of 2018, Lindgren was non-tendered by the Yankees on Friday.

While the Braves won’t get the benefit of Lindgren’s top prospect skill set in their bullpen anytime soon, he will remain under club control if they keep him on their 40-man roster beyond the 2017 season (per ESPN’s Keith Law).

Report: Mark Melancon is fielding several four-year, $60+ million offers

WASHINGTON, DC - OCTOBER 13: Mark Melancon #43 of the Washington Nationals works against the Los Angeles Dodgers in the eighth 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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Free agent closer Mark Melancon is entertaining at least two offers in the four-year, $60+ million ballpark, reports FOX Sports’ Ken Rosenthal. The teams thought to be in the running are the Giants and Nationals, with the Giants having a slight edge due to their strong interest in him last summer (per ESPN’s Jerry Crasnick).

Crasnick also said that while the Giants are keeping tabs on the top three free agent closers this winter, the other two being Kenley Jansen and Aroldis Chapman, they’re leaning toward Melancon as a (slightly) more affordable option in the ‘pen. It’s worth noting that Melancon would not cost the Giants a draft pick if they decided to sign him.

Melancon had an outstanding season in 2016, nearly reaching career-best numbers with a 1.64 ERA, 2.42 FIP and 5.42 K/BB rate in 71 1/3 innings split between the Pirates and Nationals’ bullpens. The veteran right-hander earned his third career All-Star distinction after stifling opposing hitters with a 1.23 ERA and 7.9 K/9 rate in the first half, and went on to appear in his fourth consecutive playoff run.

Despite the Giants’ apparent lead in the bidding for Melancon, Rosenthal mentioned a third mystery team who might throw their hat in the ring as well. No clubs have been name-dropped as of yet.