Everyone tells me that baseball is dying, and then I go and read stuff like this from Maury Brown at Forbes:
Major League Baseball got some good news on the financial front ahead of their All-Star Game, when credit benchmark company Fitch Ratings reaffirmed baseball’s ‘A’ status on the league’s $500 million senior secured credit facility. Fitch also affirmed the ‘A’ rating on the outstanding $995.85 million term notes the league is carrying. They rate MLB as “stable”.
While fans have looked at declining television ratings for Major League Baseball at the national level, baseball continues to be a financial juggernaut, and Fitch honed in on that.
As Brown notes, all of the things people say about baseball — that the national ratings suck, that the demographics make the Republican Party membership look young, hip and vibrant and that the sport somehow no longer occupies a favored place in the national consciousness — the fundamentals of the sport are still strong. It’s profitable, its TV deals are lucrative and attendance continues to be strong.
This is probably one of those deals, we’ll be told sometime soon, where the numbers don’t tell us everything and that, really, in every way that matters, the sport is indeed doomed. Wait for it. You know it’ll come.
Update (5:04 PM EST): The White Sox will receive pitchers Lucas Giolito, Reynaldo Lopez, and Dane Dunning from the Nationals, per Dan Hayes of CSN Chicago. MLB Pipeline rated them No. 1, 3, and 6 in the Nationals’ minor league system.
Ken Rosenthal of FOX Sports reports that the Nationals are close to acquiring outfielder Adam Eaton from the White Sox. He notes that outfielder Victor Robles, the Nationals’ No. 2 prospect according to MLB Pipeline, is not included in the deal.
Eaton, 28, is signed to a very team-friendly contract. He’ll earn $4 million in 2017, $6 million in ’18, and $8.4 million in ’19. His controlling team then has a club option worth $9.5 million in 2020 with a $1.5 million buyout and a $10.5 million club option in ’21 with a $1.5 million buyout.
This past season, Eaton was worth 3.9 Wins Above Replacement according to Baseball Reference after playing significantly above-average defense while batting .284/.362/.428 with 14 home runs, 59 RBI, 91 runs scored, and 14 stolen bases in 706 plate appearances.
If the deal goes through, the Nationals would move Trea Turner from center field to shortstop. Meanwhile, the White Sox continue their teardown after trading Chris Sale to the Red Sox on Tuesday.
ESPN’s Buster Olney reports that the Marlins have signed veteran catcher A.J. Ellis to a one-year, $2.5 million deal.
Ellis, 35, began the 2016 season with the Dodgers but went to the Phillies in the Carlos Ruiz trade near the end of August. Overall, he hit .216/.301/.298 in 196 plate appearances.
Ellis will back up J.T. Realmuto behind the dish.