A single-A team is selling for $40 million

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Eric Fisher of Sports Business Journal reports that the single-A Dayton Dragons are being sold by current owner Mandalay Baseball to a company called Palisades Arcadia Baseball. That’s not a big deal. Minor league teams sell all the time. What is a big deal is the price: $40 million, which Fisher says is the highest price ever paid for a minor league team.

Now, the Dragons are not your run-of-the-mill minor league teams. As Fisher notes, they have the longest sellout streak in the history of U.S. sports. They set the record in 2011 with their 815th straight sellout. It’s still going strong. In May they sold out their 1,000th straight game. While only a Midwest League team, their ballpark holds over 8,000 fans, which means that they draw more than just about every minor league team at every level. Usually only one or two Triple-A teams do better in overall attendance.

But still: sellouts or not, they are just a single-A team that can only charge single-A prices for tickets, beer and big foam fingers. Making that $40 million price tag pretty darn incredible. To put it in perspective, the Steinbrenner family bought the Yankees for $8.7 million in the early 70s. Current Phillies’ ownership bought that team in 1980 for $30 million. Current Twins ownership bought the team in 1984 for $44 million. Major league franchise prices have gone through the roof, but it wasn’t too terribly long ago when the price the Dragons’ current owners are getting was what you might expect to pay for a big league club.

But, for as interesting as this news is, let’s not allow it to make us lose sight of a couple of immutable facts: (1) Baseball is Dying, You Guys; and (2) Minor League Sports aren’t Very Successful.

The Blue Jays are allergic to .500

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The Blue Jays dropped Thursday afternoon’s game to the Rangers 11-4, splitting the four-game home series. And, impressively, the Blue Jays failed for the ninth time to get back to .500. The club is now 35-37.

Here’s a look at all the times the Blue Jays could’ve evened out their won-lost record and what happened:

  • April 5 (0-1): Lost 3-1 to the Orioles
  • April 7 (1-2): Lost 10-8 to the Rays
  • June 1 (26-27): Lost 12-2 to the Yankees
  • June 3 (27-28): Lost 7-0 to the Yankees
  • June 5 (28-29): Lost 5-3 to the Athletics
  • June 13 (31-32): Lost 8-1 to the Rays
  • June 16 (32-33): Lost 11-4 to the White Sox
  • June 20 (34-35): Lost 6-1 to the Rangers
  • June 22 (35-36): Lost 11-4 to the Rangers

The Blue Jays are now a half-game behind the Orioles for fifth place in the AL East, but they’re only 5.5 games behind the first-place Yankees. Interestingly, if the Blue Jays played in the NL East and had the same record, they would be in second place. But even the Phillies — baseball’s worst team — have been at .500 or better for a few days: after winning Opening Day and after game Nos. 6, 18, 19, 20, 21, and 22.

Report: Marlins expected to trade Adeiny Hechavarria

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Jeff Passan of Yahoo Sports reports that the Marlins are expected to trade shortstop Adeiny Hechavarria in the next few days.

Hechavarria, 28, is currently on a rehab assignment for a strained left oblique. It’s the second time this season he’s hit the sidelines with an oblique injury. Hechavarria is also hitting a disappointing .277/.288/.385 over 67 plate appearances, which is marginally better than his career averages.

While the Marlins are shopping Hechavarria at depressed value, there are two factors that give him value: he still plays good defense, and he’s under team control through the 2018 season. Passan does estimate that Hechavarria will see a pay raise from $4.3 million this season to $6-7 million next season in his third and final year of arbitration eligibility.

Passan adds that while the Marlins aren’t yet willing to shop outfielders Christian Yelich and Marcell Ozuna, relievers A.J. Ramos, David Phelps, and Kyle Barraclough are being made available.