Frank and Jamie update: they're mediating

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The McCourt trial is on hold today as the parties meet in a mediation.  Josh over at Dodger Divorce provides a brief rundown of what’s happening and what’s at stake (and if you care about this subject at all you should be reading him every day anyway).

I rarely had good results in mediation when I was practicing. Sometimes because I was a crappy negotiator. Sometimes because my clients were insane.  Sometimes because the mediator himself just didn’t do a good job. Sometimes because the conciliatory nature and unfamiliar mechanics of it all are so hard to get into after you’ve been fighting tooth and nail for weeks. As a result I’m rather skeptical of mediation.

But I think the key thing here is that both sides bled some this week. Frank because his lawyer admitted to switching documents around, which is never a good thing and could conceivably be seen as evidence that he tried to muscle Jamie out of Dodgers ownership through less than kosher methods.  Jamie because, well, let’s face it, her dumb act (“what’s a document?”) simply isn’t plausible, and if you doubt her when she says how ignorant she is about the agreement in question, you must necessarily give less weight to the whole document switching business.

Settlements don’t happen when people are at each others’ throats.  They often do happen when people see their own case get beat up a bit in court, and realize the risks they face.  I’m still not terrible optimistic given that it’s Frank and Jamie we’re talking about and each of them have shown wide, wide streaks of irrationality and greed throughout this saga.  But there is hope.

Rays’ Díaz gets $24 million, three-year deal, avoids arbitration

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ST. PETERSBURG, Fla. – Tampa Bay Rays infielder Yandy Díaz agreed to a $24 million, three-year contract on Tuesday that avoided a salary arbitration hearing.

Díaz’s agreement could be worth $36 million over four seasons.

The 31-year old will receive $6 million this season, $8 million in 2024 and $10 million for 2025. The 2026 club is $12 million with no buyout. There is a $1 million assignment bonus that would be payable by receiving team.

Díaz has spent parts of six seasons in the majors with Cleveland (2017-18) and Tampa Bay (2019-22). He has a career average of .278 with 39 home runs and 198 RBIs.

Acquired by the Rays in a three-team trade on Dec. 13, 2018, Díaz hit .296 with nine homers and 57 RBIs in 137 games last season, He career highs with 71 runs, 140 hits, 33 doubles, and 78 walks.

Díaz was the third Rays’ arbitration-eligible player to reach a deal.

Reliever Pete Fairbanks agreed Friday to a $12 million, three-year contract that could be worth up to $24.6 million over four seasons. The 29-year-old right-hander was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Left-hander Jeffrey Springs also agreed last week to a $31 million, four-year contract that could be worth $65.75 million over five seasons.

The 30-year-old began last season in the bullpen and transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, and outfielder Harold Ramírez.