Astros, No. 1 pick Carlos Correa have verbal agreement

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Astros owner Jim Crane told MLB.com’s Brian McTaggert that the team and Carlos Correa have come to a verbal agreement less than 48 hours after he was picked first overall in the MLB draft.

Correa is expected to get around $5 million, which would leave the Astros with over $6 million to sign the rest of their picks. With Correa coming in roughly $2 million under his assigned slot value, it gives the team plenty of flexibility to sign highly regarded supplemental first-rounder Lance McCullers.

Reports indicated that the Astros offered Stanford right-hander Mark Appel a $6 million bonus prior to the draft and turned to Correa after Appel turned them down. Appel slipped to the Pirates with the No. 8 pick.

The 17-year-old Correa is expected to begin his pro career with the Gulf Coast League Astros later this month.

Red Sox employees “livid” over team pay cut plan

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Even Drellich of The Athletic reports that the Boston Red Sox are cutting the pay of team employees. Those cuts, which began to be communicated last night, apply to all employees making $50,000 or more. They are tiered cuts, with people making $50-99,000 seeing salary cut by 20%, those making $100k-$499,000 seeing $25% cuts and those making $500,000 or more getting 30% cuts.

Drellich reported that a Red Sox employee told him that “people are livid” over the fact that those making $100K are being treated the same way as those making $500K. And, yes, that does seem to be a pretty wide spread for similar pay cuts. One would think that a team with as many analytically-oriented people on staff could perhaps break things down a bit more granularly.

Notable in all of this that the same folks who own the Red Sox — Fenway Sports Group — own Liverpool FC of the English Premier League, and that just last month Liverpool’s pay cut/employee furlough policies proved so unpopular that they led to a backlash and a subsequent reversal by the club. That came after intense criticism from Liverpool fan groups and local politicians. Sox owner John Henry must be confident that no such backlash will happen in Boston.

As we noted yesterday, The Kansas City Royals, who are not as financially successful as the Boston Red Sox, have not furloughed employees or cut pay as a result of baseball’s shutdown in the wake of the COVID-19 pandemic. Perhaps someone in Boston could call the Royals and ask them how they managed that.