Rockies owner Dick Monfort has purchased the Macaroni Grill restaurant chain–which consists of 146 locations–for a total of $8 million.
If that seems really low … well, it is. Nick Grocke of the Denver Post notes that Macaroni Grill sold for $55 million just two years ago and as recently as 2008 it was valued at $164 million. And yet Monfort is getting it for $55,000 per location.
By comparison, the Rockies are paying Drew Stubbs and Daniel Descalso a combined $7.35 million to be their fourth outfielder and utility infielder this season.
The Indians have designated outfielder Carlos Gonzalez for assignment. This comes after Gonzalez batted a mere .210/.282/.276 over 117 plate appearances in Cleveland. That came after he had to settle for a minor league contract with the Indians in mid-March.
A few years ago Gonzalez was a superstar, winning three Gold Gloves, two Silver Slugger Awards, making the All-Star team three times and coming in third in the MVP balloting once upon a time. That was then, however. His most recent good season came in 2016, when he hit .298/.350/.505 with 25 homers and drove in 100. In 2017 and 2018 he combined to hit .232/.269/.334. Between his falloff in production and the fact that his big numbers of the past were heavily supported by playing at Coors Field, it should not be shocking that he couldn’t make it work in Cleveland.
If he wants to continue his career, he’ll no doubt have to take a minor league gig someplace. Otherwise, this could be the end of the line.