Mark Cuban and Jim Crane, please call your office . . .
Astros owner Drayton McLane has retained the services of the investment bank Allen & Company to assist in the sale of the team, according to two people with knowledge of the arrangement.
McLane, who could not be reached for comment Thursday night, has owned the Astros since 1992. Having entertained on and off for at least a couple of years the idea of selling, he has ramped up efforts recently.
McLane has toyed with selling the Astros in the past, but you don’t hire an investment bank if you’re toying. He really wants to sell this time. Maury has more details over at the Biz of Baseball. The upshot, though: McLane wants around $800 million. Any purchase of the team would include a stake in the newly created regional sports network CSN Houston. Bonus: no one is bankrupt this time, so any sale would likely take less than nine months and multiple rounds of litigation.
Which means this won’t be much fun at all, sadly.
The Marlins designated utilityman Derek Dietrich for assignment, Clark Spencer of the Miami Herald reports. This comes amid a flurry of moves on Tuesday night as teams prepare their rosters ahead of the Rule 5 draft next month.
Dietrich, 29, is coming off another strong season in which he hit .265/.330/.421 with 16 home runs, 45 RBI, and 72 runs scored in 551 plate appearances. He played all over the diamond, spending most of his time in left field and at first base. Dietrich also played some second base, third base, and right field.
Dietrich is entering his third of four years of arbitration eligibility. He earned $2.9 million this past season and MLB Trade Rumors projects him to earn $4.8 million in 2019. Cutting Dietrich represents a bit more than 4 million in savings for the rebuilding and perennially small-market Marlins. Dietrich should draw some interest, so the Marlins could end up trading him rather soon.
Wonder how J.T. Realmuto, now the longest-tenured Marlin, is feeling right about now.