Report: Giants preparing to demote CEO Bill Neukom

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The defending World Series champion Giants will be left out of the postseason picture this October.

As you might expect, that’s not sitting well with some members of the organization. Members who have the power to make changes at the very top.

According to Mark Purdy of the San Jose Mercury News, the Giants’ executive owners committee — a group consisting of the franchise’s 10 primary investors — has decided that CEO and general managing partner Bill Neukom will be removed from his role at the conclusion of the 2011 season.

The timing may seem odd given San Francisco’s triumphant run last October, but Purdy says the issues with Neukom go beyond this year’s second-place finish. According to insider sources, Neukom did a poor job of keeping the executive committee “informed about his choices and actions” during his tenure as chief executive officer. Instead, Purdy writes, “some of the owners first read about those decisions in news reports.”

It’s doubtful many details will leak about which decisions specifically caught the ire of the other investors. And the Giants are likely to announce this move as a front-office “restructuring” rather than a firing or demotion.

Neukom joined the Giants’ ownership group in 1995 and became the first principal owner to guide the club to a World Series crown since Horace Stoneham in 1954, when the franchise was located in New York.

Report: Angels sign Matt Harvey to one-year, $11 million deal

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The Angels have signed pitcher Matt Harvey to a one-year contract, MLB.com’s Mark Feinsand reports. Fancred’s Jon Heyman reports that the contract is for $11 million with an additional $3 million available through performance incentives.

Harvey, 29, spent 2018 with the Mets and Reds, posting an aggregate 4.94 ERA with a 131/37 K/BB ratio in 155 innings. He started off poorly with the Mets, so they traded him to the Reds in early May. He pitched much better in Cincinnati.

Harvey should have a spot secured at the back of the Angels’ rotation, but health and performance can always change that leading up to Opening Day.