Financial documents show Pirates could spend more

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The Associated Press published a round of documents late Sunday night that show the Pirates, on the verge of their 18th consecutive losing season, are still a highly profitable franchise and have been profitable for many years.

According to the documents, which are now on full display over at Deadspin, the Bucs made an income of nearly $29.4 million in 2007 and 2008 thanks to sources like revenue sharing, television packages, MLB merchandise and the MLB.com website. 

That’s not a major sum of money for most professional franchises and it shouldn’t be all that surprising, but the Pirates have operated on a very meager payroll for ages and it certainly appears that they could be spending more.

“The numbers indicate why people are suspecting they’re taking money
from baseball and keeping it — they don’t spend it on the players,” David Berri, president of the North American Association of Sports
Economists, told the Associated Press. “Teams have a choice. They can seek to
maximize winning, what the Yankees do, or you can be the Pirates and
make as much money as you can in your market. The Pirates aren’t trying
to win.”

The Pirates had baseball’s lowest Opening Day payroll this season — $34.9 million — and are at the very bottom of a bad National League Central division.  If anything, perhaps the revelation of these documents will put pressure on the Pittsburgh ownership to lock up young cornerstone players like Andrew McCutchen and Pedro Alvarez when it comes time for free agency.  Making owners cringe can be a good thing.

Miles Mikolas open to extension with Cardinals

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Though he has only accumulated just over two years of service time in the major leagues, Cardinals starter Miles Mikolas can become a free agent after the 2019 season due to language in his current two-year, $15.5 million contract. He is open to signing a contract extension with the Cardinals, Derrick Goold of the St. Louis Post-Dispatch reports.

Mikolas said, “It’s something that the Cardinals and my agency have to work out – if the numbers work out and everything turns out to be it’s absolutely something that could happen.” His agent, from Octagon, has had discussions with the Cardinals about a framework for an extension.

Mikolas, 30, spent the 2015-17 seasons pitching for the Yomiuri Giants in the Japan Central League. He had great results, which he was able to leverage into a contract back in the U.S. Last season, his first in the majors since 2014, he finished sixth in NL Cy Young balloting and earned a spot on the NL All-Star roster. The right-hander went 18-4 with a 2.83 ERA and a 146/29 K/BB ratio in 200 2/3 innings.

This coming season, Mikolas will be part of a starting rotation that also includes Carlos Martínez, Jack Flaherty, Michael Wacha, and Adam Wainwright.