This is fun: The San Francisco Giants recently made their last payment on the $170 million, 20-year loan they obtained to finance the construction of AT&T Park. The joint is now officially paid for.
The Giants, unlike most other teams which moved into new stadiums in the past 25 years or so, did not rely on direct public financing. They tried to get it for years, of course, but when the voters, the city of San Francisco and the State of California said no, they decided to pay for it themselves. They ended up with one of baseball’s best-loved and most beautiful parks and, contrary to what the owners who desperately seek public funds will have you believe, they were not harmed competitively speaking. Indeed, rumor has it that they have won three World Series, four pennants and have made the playoffs seven times since moving into the place in 2000. They sell out routinely now too and the Giants are one of the richest teams in the sport.
Now, to be clear, the Giants are not — contrary to what some people will tell you — some Randian example of self-reliance. They did not receive direct public money to build the park, but they did get a lot of breaks. The park sits on city-owned property in what has become some of the most valuable real estate in the country. If the city had held on to that land and realized its appreciation, they could flip it to developers for far more than the revenue generated by baseball. Or, heaven forfend, use it for some other public good. The Giants likewise received some heavy tax abatements, got some extraordinarily beneficial infrastructure upgrades and require some heavy city services to operate their business. All sports stadiums, even the ones privately constructed, represent tradeoffs for the public.
Still, AT&T Park represents a better model than most sports facilities do. I mean, ask how St. Louis feels about still paying for the place the Rams used to call home before taking off for California. Ask how taxpayers in Atlanta and Arlington, Texas feel about paying for their second stadium in roughly the same time the Giants have paid off their first.
Mark Buehrle last pitched in 2015, for the Toronto Blue Jays. He was still pretty effective and toyed with the idea of pitching last season, but he never signed anywhere and is, for all intents and purposes, retired.
Now at least his number will be retired officially. It will be done by the club for which he had the most success and with which he is, obviously, most associated:
Buehrle pitched for the White Sox for 12 years. He was the model of consistency and durability in Chicago, logging over 200 innings a season in every single season but his rookie year, when he was primarily a reliever. He was a solid defender, a multi-time All-Star, tossed a perfect game in 2009 and helped the Chisox to their first World Series title in 88 years in 2005.
He was also one of baseball’s fastest workers, so I’m going to assume that, in his honor, the number retirement ceremony will last, like, a minute 20, after which everyone can get on with their dang day.
Terry Francona just won the American League pennant, the Manager of the Year Award and his Cleveland Indians will likely be among the favorites to win it all in 2017. Between that and his 17-year track record as one of the best managers in the business, he will have a job, somewhere, for as long as he wants one.
He said yesterday, however, that his body will likely limit how long he manages:
“It gets harder and harder physically. It really does. It takes me longer to recharge every year . . . I’ve had a lot of surgeries, a lot of health problems. It just takes a toll on you. I love [the game of baseball]. I really do, but I can’t see myself doing something else. But there is going to come a day when I feel like I’m shortchanging the team or the organization. That’s not fair.
“Even now, during batting practice, I’ll come in and get off my feet a little bit. I think everybody understands. But when there comes a day when it gets in the way, I’m going to have to pull back, and it’s not because I don’t love managing. You have to have a certain amount of energy to do this job right.”
Francona experienced some chest pains and had an elevated heart rate that caused him to leave a game early last season. In 2005 a similar episode caused him to miss three games while managing the Red Sox. He also has a history of embolisms and blood clots, some of which have hospitalized him.
With multiple World Series rings there isn’t much more in baseball that Francona can accomplish, but here’s hoping he sticks around and accomplishes a lot more before he trades in his baseball spikes for golf spikes and calls it a career.