The Braves are going to ask for tax credits for their new ballpark

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The idea behind tax credits and other tax incentives is to convince businesses to invest in the jurisdiction over which the taxing authority holds sway. When the business is already committed to investing in the area and there is no danger of losing said investment to another jurisdiction, there is little reason to grant that business tax credits and incentives. To do so is pretty gratuitous, actually.

But hey, sports:

Jim Walls at Atlanta Magazine has secured some documentsshowing “negotiators for Cobb County and the Braves considered funding packages that included up to $60 million in state tax credits on top of the $300 million in county funding.”  . . . another incentive, created especially for new tourism destinations, that can be granted only by the governor. If the team were approved for the program, it could earn the Braves a 10-year rebate on all sales taxes it collected at the new stadium – perhaps $20 million.

The Braves are absolutely undoubtedly staying within the state of Georgia. They have committed to it. There is no going back to Wisconsin or Massachusetts. They’re building a stadium in Cobb County. Yet I wouldn’t bet a pair of fetid dingo’s kidneys that Georgia won’t give them the tax credits they want. Because governments — especially when sports are involved — have totally forgotten what the whole point of using the tax system as a means of incentive creation and have committed to straight corporate welfare. It’s pretty gobsmacking.

Report: Padres have made offers to both Manny Machado and Bryce Harper

Manny Machado
Kevork Djansezian/Getty Images
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Jon Heyman has been hot on the free agent trail today, reporting that the Padres have made offers both Manny Machado and Bryce Harper. The offer to Machado is believed to be for eight years and about $250 million, while the offer to Harper is believed to be for more than that.

Heyman was reporting on Harper earlier, tweeting that the Phillies are the favorite to sign him. He added this evening that Harper has multiple long-term offers at more than $30 million annually. Regarding Machado, Heyman noted that while Machado was believed to have had a preference for the East coast, he will go for the best deal now, which puts the Padres firmly in the picture.

The Padres reportedly met with Machado last week. A late entrant into the sweepstakes, the club has shown the willingness to spend, signing Eric Hosmer to an eight-year, $144 million contract last year. If he goes to San Diego, Machado would be the full-time third baseman with Luis Urias handling shortstop.

Nothing appears close, but we’ll take anything resembling a spark to light the hot stove.