We talked a few weeks ago about the Cubs’ new and improved (i.e. privately financed) Wrigley Field renovation plans. Tom Ricketts spoke to MLB.com and it sounds like they’re set to begin. They’re just waiting for city sign-off on the aspects of it that require approval, such as an increase in the number of night games, allowing advertising to block the rooftops across the street and allowing the closing of Sheffield Avenue for weekend games. About all that:
“There’s a lot of things we have to deal with at Wrigley Field that other teams don’t,” Ricketts said on Sunday. “Whether that’s signage restrictions, rooftops, other people selling Cubs gear right outside the park — all of that is great for [the city], but it doesn’t help us. We have to get those resources back into the team so I can give those to [president of baseball operations] Theo [Epstein] to put on the field or to get those resources into improving and preserving the third-largest tourist attraction in the state.”
With all of the time I spend slamming team owners for wanting public handouts, this point, with respect to the Cubs anyway, does get neglected from time to time. I realize that the Cubs have gotten a lot of goodwill from the rooftops and the neighborhood and things like that — and I know that in recent years the team has even gone into business to some extent with the rooftop owners — but the Cubs are sort of treated like a public good more than other teams are.
What’s more, they’re expected — mostly out of tradition — to give away an awful lot. Views and ticket revenue to the people across the street, nighttime revenue to the bar and restaurant owners. I don’t think that mandates public financing or anything, but I think it does make their challenges somewhat unique and demands a bit more flexibility on the part of the city so the team can remain competitive.
Yankees starter Luis Severino and Phillies starter Aaron Nola both signed contract extensions within the last week. Severino agreed to a four-year, $40 million contract with a 2023 club option. Nola inked a four-year, $45 million deal with a 2023 club option.
While the deals both represented significant raises and longer-term financial security for the right-handed duo, some feel like the players are selling themselves short. It has become a more common practice for players to agree to these types of deals in part due to how stagnant free agency has become. Get the money while you can.
Mets starter Noah Syndergaard is in a similar situation as Severino and Nola were. He and the Mets avoided arbitration last month, agreeing on a $6 million salary for the 2019 season. He has two more years of arbitration eligibility left. A contract extension with the Mets would presumably cover both of those years plus two or three years of what would be free agent years. As Tim Britton of The Athletic reports, however, Syndergaard plans to test free agency when the time comes.
Syndergaard said, “I trust my ability and the talent that I have. So I feel like I’m going to bet (on) myself in free agency and not do what they did. But if it’s fair for both sides and they approach me on it, then maybe we can talk.” He clarified that he would be open to a conversation about an extension, but the Mets thus far haven’t approached him about it. In his words, “There’s been no traction.”
Syndergaard, 26, has been one of baseball’s better starters since debuting in 2015. He owns a career 2.93 ERA with 573 strikeouts and 116 walks in 518 1/3 innings. Among pitchers to have logged at least 400 innings since 2015 and post a lower ERA are Clayton Kershaw (2.22), Jacob deGrom (2.66) and Max Scherzer (2.71). Syndergaard made only seven starts in 2017 yet still ranks seventh among pitchers in total strikeouts since 2015.
If Sydergaard doesn’t end up signing an extension, he will be entering free agency after the 2021 season. The collective bargaining agreement expires in December 2021 and a new one will likely be agreed upon around that time. Syndergaard will hopefully have better prospects entering free agency then than players do now.