Silicon Valley execs want the A's in San Jose

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The Silicon Valley Leadership group has sent a letter to Bud Selig in support of the Athletics moving to San Jose.  You can read a press release about it and — if you click an extra link — a copy of the letter here.  It’s signed by the CEOs of Cisco, Yahoo!, eBay, Adobe and seventy others. The upshot: they think a ballpark in downtown San Jose would be swell and that it would “create jobs” and “strengthen the economy.”

Maybe most interestingly, they argue that a team in San Jose would in no way diminish support for the Giants. It’s support from Silicon Valley companies, you’ll recall, that the Giants are most worried about losing if the A’s move south.  Wonder if the CEOs are willing to make actual commitments to the Giants in exchange for them dropping their opposition to the team moving . . .

Intrigue aside, I think the A’s need to move to San Jose for their own sake, but I’m somewhat surprised to see a letter like this from tech business leaders. Sure, we all love baseball, but the whole “a ballpark will create jobs and stimulate the economy” argument has more or less been debunked by every smart person who has
studied the issue.  The people who benefit from ballparks are basically
the owners of baseball teams and people who own parking lots.  The real benefit the signatories to this letter would get would be quality of life and employee/client entertainment opportunities. Which they do note in the letter, I’ll grant, even if they do make the “public good argument” a bit more strongly.

Of course, the move wouldn’t hurt too terribly if this was primarily a private project, which the A’s and San Jose leaders claim it will be.  I just find it weird that putatively forward-thinking tech companies would get into this kind of boosterism. Maybe I’m just idealizing Silicon Valley in this regard, however, and they’re no different than the insurance companies and car dealers and stuff that get on these kinds of bandwagons back east.  

Jeffrey Springs, Rays agree to $31 million, 4-year contract

Bob DeChiara-USA TODAY Sports
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ST. PETERSBURG, Fla. – Left-hander Jeffrey Springs became the first of the 33 players who exchanged proposed arbitration salaries with their teams to reach a deal, agreeing Wednesday to a $31 million, four-year contract with the Tampa Bay Rays that could be worth $65.75 million over five seasons.

The 30-year old was among seven Rays who swapped arbitration figures with the team on Jan. 13. He began last season in the bullpen, transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts. He is 14-6 with a 2.70 ERA in 76 outings – 51 of them in relief – since he was acquired from Boston in February 2021.

Springs gets $4 million this year, $5.25 million in 2024 and $10.5 million in each of the following two seasons. Tampa Bay has a $15 million option for 2027 with a $750,000 buyout.

The 2025 and 2026 salaries can escalate by up to $3.75 million each based on innings in 2023-24 combined: $1.5 million for 300, $1 million for 325, $750,000 for 350 and $500,000 for 375. The `25 and ’26 salaries also can escalate based on finish in Cy Young Award voting in `23 and ’24: $2 million for winning, $1.5 million for finishing second through fifth in the voting and $250,000 for finishing sixth through 10th.

Tampa Bay’s option price could escalate based on Cy Young voting in 2025 and 2026: by $2.5 million for winning, $2 million for finishing second through fifth and $500,000 for sixth through 10th.

Springs would get $45.25 million if the option is exercised, $52.75 million with the option and meeting all innings targets and the maximum if he meetings the innings targets and wins two Cy Youngs.

Springs’ ERA last season was the second lowest in franchise history for a pitcher working a minimum of 100 innings. Former Rays ace Blake Snell compiled 1.89 ERA on the way to winning the 2018 AL Cy Young.

In addition to finishing sixth in the AL in ERA, Springs allowed three runs or fewer in 22 of 25 starts and two runs or fewer 17 times. He joined Tampa Bay’s rotation on May 9, gradually increasing his workload over his next six appearances. Springs was 6-3 with a 2.40 ERA in 14 starts after the All-Star break.

Arbitration hearings start next week and the Rays remain with the most players scheduled to appear before three-person panels.

Springs had asked for a raise from $947,500 to $3.55 million and had been offered $2.7 million. Tampa remains scheduled for hearings with right-handers Jason Adam, Pete Fairbanks and Ryan Thompson, left-hander Colin Poche, third baseman Yandy Diaz and outfielder Harold Ramirez.

Tampa Bay also agreed minor league contacts with catcher Gavin Collins and right-hander Jaime Schultz, who will report to major league spring training.

Infielder Austin Shenton and pitchers Anthony Molina and Joe LaSorsa also were invited to big league spring training.