Carlos Silva agrees to minor-league contract with Red Sox

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Carlos Silva spent the final season of his four-year, $48 million contract at Triple-A and the 32-year-old right-hander will likely begin 2012 there as well after agreeing to a minor-league contract with the Red Sox.

Rob Bradford of WEEI.com reports that Silva will earn a prorated share of $1 million if the Red Sox call him up to the majors at some point, but in the meantime he’ll join the collection of minor-league pitching depth that includes Brandon Duckworth, Charlie Haeger, Will Inman, Doug Mathis, Tony Pena Jr., Chorye Spoone, Jesse Carlson, Rich Hill, and Justin Thomas.

Silva was terrible in Seattle after signing his big contract, prompting the Mariners to trade him to the Cubs for Milton Bradley in a swap of disgruntled, high-salaried disappointments. He turned things around in Chicago, throwing 113 innings with a 4.21 ERA and 80/24 K/BB ratio in 2010, but wore out of his welcome with the Cubs as well and was released. Silva spent last season in the Yankees’ minor-league system, making seven starts with a 2.75 ERA.

Report: Steve Cohen makes $2 billion offer to purchase Mets

Steve Cohen Mets offer
REUTERS/Steve Marcus
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Charles Gasparino reports that billionaire hedge fund manager Steve Cohen has submitted an offer to buy the Mets for $2 billion as well as an additional $2 billion for SportsNet New York (SNY). The Mets own a 65% controlling interest in SNY. (Full disclosure: Comcast, through NBC Sports Group, owns an 8% share of SNY.)

As Jon Heyman reported yesterday, the Mets were expected to accept the first round of bids by Thursday. Cohen was one of a handful of bidders that also included Josh Harris and David Blitzer, Álex Rodríguez and Jennifer Lopez, and the Reuben brothers.

Cohen and the Wilpons were believed to be in agreement on a deal back in December that would have increased Cohen’s ownership share from 8% to 80% in exchange for $2.6 billion. However, the deal fell through as Cohen grew upset the Wilpons attempted to change the terms of the agreement at the last minute. The two sides have, obviously, patched up their differences.

As Sportico’s Scott Soshnick notes, the offers in the first round of bidding are non-binding. At any rate, given Cohen’s preliminary offer, the Wilpons are likely to collect quite the windfall. Fred Wilpon bought a 50% stake in the Mets for $81 million in 1980 and bought the other half in 2002 for $391 million.

Perhaps with different owners, the Mets could get back to being consistently competitive. Since 2012, the club has sat in the middle-third of the league (rank 11-20) or lower in terms of total payroll.