$2.15 billion for the Dodgers? Mercy

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Frank McCourt bought the Los Angeles Dodgers for $430 million in 2004.  Then he chopped his team up, poured kerosene all over it, torched it, and then peed on it while the flames rose higher and higher and he still realized a 500% appreciation of his asset in less than eight years.

Bernie Madoff was inventing investment returns from whole cloth and even he didn’t have the guts to do that. Would have been far too ridiculous. Meth dealers don’t get that kind of return.  Maybe the cash doesn’t flow in as much as some owners would like, but they are all sitting on crazy-appreciating assets. Owning a baseball team is a license to print money, even if you haven’t a clue of what you’re doing.

So I guess what I’m saying is, the next time you hear the owner of a major league baseball team cry poor, the next time you hear an owner say that they can’t sign that player everyone likes, the next time you hear an owner say that the taxpayers need to give him a publicly-funded ballpark or else the world will end, please remember the $2.15 billion sale of the Los Angeles Dodgers and kindly call b.s. on that noise.

Yankees, Brett Gardner reunite on one-year, $12.5 million deal

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George A. King III of the New York Post reports that the Yankees and outfielder Brett Gardner are back together on a one-year, $12.5 million contract. The deal includes a second year option worth $20 million.

Gardner, 36, is coming off of the strongest offensive season of his career, batting .251/.325/.503 with 28 home runs, 74 RBI, 86 runs scored, and 10 stolen bases over 550 plate appearances. While he has certainly lost a step or two with age, he still rates as an above-average defensive corner outfielder as well.

As Joel Sherman of the New York Post notes, the Yankees also value Gardner — a veteran of 12 seasons — for his leadership, especially with CC Sabathia and Didi Gregorius gone.

Bringing Gardner back into the fold allows Giancarlo Stanton to remain the full-time DH. Gardner will return to left field with Aaron Hicks and Aaron Judge reprising their roles in center and right, respectively.