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UPDATE: Pirates president is overstating the team’s TV deal

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UPDATE: I spoke to a source with knowledge of the Pirates’ TV deal, and the source tells me that the deal is not in the top half of MLB TV deals in terms of average annual value. Far from it. If, as Coonelly says, the Pirates are in the top half of all deals it’s a function of some front-loading of the deal and that gave them a lot of TV money in 2013 and that, as time goes on, the deal will look worse and worse.

This definitely would reflect market size. And makes one wonder why Coonelly would be trying to talk up the TV deal as better than it really is.

10:20 AM: That is, if team President Frank Coonelly is being accurate here. Bob Smizik of the Post-Gazette reports Coonelly’s comments at a recent fan fest thing:

”Our TV contract places us in the top half of all Major League Baseball clubs even though our market ranks 27th out of 30. We are well positioned moving forward.”

This runs contrary to Wendy Thurm’s report at Fangraphs on team-by-team TV revenue and, frankly, runs counter to what most people would expect based on the size of the market. Is Root Sports overpaying the Pirates? Are all of the other other networks underpaying the teams they broadcast?

And, as Smizik wonders, is the Pirates payroll too low for a team making as much money as the Pirates are, accordng to Coonelly anyway, making? Smizik estimates that a top-half TV deal puts them in the $35 million to $40 million range on local TV money, not the $18 million to $20 million range Thurm and others estimate.

Interesting stuff about a topic that, increasingly, is dominating the discourse when it comes to the business of major league baseball.

Rockies sign Ian Desmond for five years, $70 million

ARLINGTON, TX - OCTOBER 07:  Ian Desmond #20 of the Texas Rangers reacts after hitting a double against the Toronto Blue Jays in the seventh inning of game two of the American League Divison Series at Globe Life Park in Arlington on October 7, 2016 in Arlington, Texas.  (Photo by Ronald Martinez/Getty Images)
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The Rockies have signed free agent outfielder/infielder Ian Desmond for five years and $70 million.

Desmond, 31, played his first season as a full-time outfielder with the Rangers in 2016. Before that he was the Nationals shortstop. He’ll almost certainly be an outfielder in Colorado, or else will play first base, as the Rockies have Trevor Story at short. Desmond hit .285/.335/.446 with 22 home runs, 86 RBI, 107 runs scored, and 21 stolen bases in 677 plate appearances, though he was much, much better in the first half than the second half.

The Rangers had placed a qualifying offer on him which he rejected, so the Rockies will have to give up their first round pick in the 2017 draft, which is 11th overall. That’s the highest pick a team can surrender under the qualifying offer system, as the first ten picks in the draft are protected.

Jeff Locke signed by the Marlins

LOS ANGELES, CA - AUGUST 13: Relief pitcher Jeff Locke #49 of the Pittsburgh Pirates throws against the Los Angeles Dodgers during the eighth inning of the baseball game at Dodger Stadium Stadium August 13, 2016, in Los Angeles, California. (Photo by Kevork Djansezian/Getty Images)
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Ken Rosenthal reports that the Marlins have signed lefty Jeff Locke. Terms have yet to be disclosed.

Locke was non-tendered by the Pirates last week after putting up a 5.44 ERA over 127.3 innings in 2016. He’s just 29 and, even if he’s never been super great or anything, he has pitched better in the past, posting a career 4.16 ERA before last season.