Astros owner holding a press conference this afternoon to announce team is for sale

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Reports surfaced late last night that Astros owner Drayton McLane has hired an investment bank to help him sell the team and he’s now expected to make an official announcement today with a press conference scheduled for 3:30 ET.

Zachary Levine of the Houston Chronicle reports that McLane declined to return phone calls seeking more information, but enough details have already leaked out that the picture is pretty clear.

McLane, who has owned the team since 1992, is definitely looking to sell the team rather than simply testing the waters to see what kind of offers are out there, and he’s expected to seek $800 million for the Astros and their newly created local television network.

Tampa Bay Rays trade Alex Colome, Denard Span to the Seattle Mariners

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The Tampa Bay Rays were reported this week to be “open for business” as far as trades go. Normally that means nothing happens until late June or something. The Rays are getting right down to it, though, as they’ve just traded closer Alex Colome and outfielder Denard Span to the Seattle Mariners.

The Mariners, who have played some outstanding ball lately thanks to some outstanding starting pitching, and are looking to bolster other areas as they make a push in the AL West, will likely slot Colome into a setup role in front of closer Edwin Diaz. Span will take over center field, allowing Dee Gordon to, eventually anyway, once he recovers from a fractured toe, cover for the suspended Robinson Cano at second base. If the M’s make the playoffs he’d likely do so in the postseason too, given that Cano will be ineligible for any October play due to his suspension.

Colome has saved 11 games for the Rays, with a 4.15 ERA and a K/BB ratio of 23/8 in 21.2 innings.Span is hitting .238/.364/.385 with four homers and six stolen bases on the season.

Two players are going back to the Rays: righties Andrew Moore and Tommy Romero. Moore was the Mariners’ second round pick in 2015 and made his big league debut last season, pitching 59 innings in 2018 but back in the minors so far in 2018. Romero was a 15th rounder for Seattle in 2017 and is currently plying his trade in A-ball.

The Rays, as expected, are using the 2018 season to acquire prospects. The Mariners, who are unexpectedly strong in the early going, are trying to go for it even harder. Quite a big trade for late May.