UPDATE: This could just be a formality, but the San Diego Union-Tribune is reporting that negotiations between the two sides are ongoing and that an agreement is not expected until after the All-Star break.
9:22 PM: The O’Malley family is getting back in the baseball ownership business. This time with the Padres.
Ken Rosenthal of FOXSports.com has the goods:
[tweet https://twitter.com/Ken_Rosenthal/status/221409276781010945 align=’center’]
The O’Malley group, which includes four grandchildren of former Dodgers owner Walter O’Malley, has emerged as the favorite over the past couple of weeks and was recently given an exclusive window to purchase majority control of the club from outgoing owner John Moores. Golfer Phil Mickelson, who is from San Diego, is also an investor with the group. Commissioner Bud Selig expressed support of the O’Malley’s bid earlier this week.
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.