UPDATE: Maybe the Rangers-FOX deal is not 20-years, $3 billion

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UPDATE: Evan Grant of the Dallas Morning News hears that the Rangers’ deal with
FOX is actually worth $1.5-1.6 billion, not $3 billion
as reported by Bob Nightengale of USA Today, but that there are some incentives and escalators and stuff.  Even if it stays flat at $1.5 billion, however, that makes it, on average, a $75 million deal, which is over and above every team’s TV deal with a non-affiliated network of which I’m aware (remember: the Dodgers get $45 million; the Mariners are reported to get around $40 million). So, still a great deal for Texas, even at its lowest.

4:54 PM: I shoulda listened to those killjoys who go on about how things that sound too good to be true likely being too good to be true. A FOX spokesman tells Sports Business Journal that the figures reported by USA Today earlier this afternoon were “wildly inflated.”

Of course, the definition of “wildly inflated” matters here too. If the truth of the matter is that the deal is for, say, $50M a year over 20 years, sure, USA Today was out to lunch and this deal would represent a healthy, but not necessary crazy figure for the Rangers. If, on the other hand the truth is that the deal starts at $50M or $75 million but increases
every year and inflates until it’s still a $3 billion deal, then it’s
still kind of nuts
.  The devil is in the details, as they say.

By they way: I was chatting with Gleeman as this update came down a few minutes ago. He observed that it’s entirely possible that there will be no Rangers games on television at all in 20 years and, in fact, there may be no television. I think he meant that everything could go to some streaming internet or wireless kind of system that renders television as we know it obsolete. It’s possible, however, that he has inside information on an imminent nuclear war or zombie apocalypse.  Which, I don’t need to tell you, would totally be a buzzkill for Rangers baseball.

1:58 P.M.: It’s going to be hilarious when FOX executives realize that the contract they just signed was with the Rangers, not the Cowboys or Vivid Video or something else more marketable than baseball is thought to be:

The Texas Rangers, who clinched their first division title in 11
years over the weekend, just might start making this an annual routine
considering their giant financial windfall.

The Rangers,
cash-strapped for years with owner Tom Hicks, have signed a 20-year
extension with Fox Sports Southwest that will guarantee them $3 billion.

$150 million a year!  To put that in perspective, the Dodgers get about $ 45 million a year from FOX. The Yankees get less than $100 million from YES (though, obviously, they own a big chunk of the network so it’s not apples-apples). I doubt any team currently gets anything like $150 million from a non-affiliated network.

Two questions that immediately spring to mind in light of this deal:

  • Is it any wonder why so many people were willing to jump into protracted litigation to get a piece of this team? and
  • How bad a businessman is Tom Hicks if he couldn’t make the Rangers solvent with that kind of scratch available?

Whatever the case, with this TV deal, the Rangers shouldn’t be lumped in with the mid-market teams going forward. They should be considered a high-dollar player the moment the first check comes in.

MLB executive: Bruce Maxwell’s kneeling may keep him from finding work, not his arrest

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In September 2017, former Athletics catcher Bruce Maxwell became the first major league player to kneel during the national anthem, joining the handfuls of NFL players who had been doing the same to protest police brutality and racial inequality. Maxwell’s effort was laudable, but he got into trouble a month later when he was arrested for aggravated assault with a deadly weapon and disorderly conduct. Maxwell allegedly pointed a gun at a food delivery person.

Maxwell, 27, played sparingly for the Athletics in 2018 and then was designated for assignment at the beginning of September. He officially became a free agent on November 2 and has had trouble finding work in the month-plus since.

Susan Slusser of the San Francisco Chronicle reports that Maxwell fired his agent, Matt Sosnick on Thursday because he’s still jobless. According to an unnamed MLB executive Slusser spoke to, “It’s the kneeling thing that might keep him from getting another job, not the arrest. Owners aren’t going to want to deal with that whole anthem issue.”

That makes a lot of since since abusive players haven’t had too much trouble finding new work otherwise. Addison Russell, Jeurys Familia, and José Reyes, among others have either stayed with their teams or quickly found new work. Given the relatively weak catching market, had Maxwell only had the assault charge, there is no doubt he would have been signed to be a backup catcher somewhere.

In the NFL, Colin Kaepernick — who popularized kneeling during the anthem — has remained unsigned even though teams have opted to sign and start clearly inferior quarterbacks like Mark Sanchez, Josh McCown, Ryan Fitzpatrick, Jay Cutler, Matt Barkley, and Sam Bradford, among many others. Team owners tend to run conservative in terms of politics, so they may not like the protest to begin with, then there is the public blowback to signing such a player as those who dislike such protesting make up a slight majority in the U.S., according to various polls including one done by the Washington Post.

It’s worth noting that Maxwell has a career .240/.314/.347 triple-slash line in 412 plate appearances. We’re not talking about J.T. Realmuto or Buster Posey here. That being said, there have been 15 other catchers to have put up a lower aggregate OPS since 2016 (min. 400 PA). One of those players, Derek Norris (.600 OPS since 2016), signed a minor league contract with the Tigers just three months after being suspended by Major League Baseball for violating its domestic violence policy. Makes you think.