Red Sox hire Dave Dombrowski as president of baseball operations; Ben Cherington out

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Big news out of Boston. According to Tim Britton of the Providence Journal, the Red Sox have hired Dave Dombrowski to be their new president of baseball operations. Dombrowski was let go by the Tigers two weeks ago after a highly successful 13-year tenure as Detroit’s general manager.

Ben Cherington, who has served as Boston’s general manager since Theo Epstein left for the Chicago Cubs in October 2011, will now step down from that role. He was offered the opportunity to continue working as the club’s general manager underneath Dombrowski but declined. Cherington said Tuesday night that he will help Dombrowski with the transition.

Cherington led the Red Sox to a World Series title in 2013, but 2014 brought a 71-91 record and this winter’s retooling hasn’t solved the problem. Entering play Tuesday, the 2015 Red Sox stood 52-66.

Dombrowski won four straight AL Central championships with the Tigers from 2011-2014.

He worked under current Red Sox owner John Henry when Henry owned the Marlins.

There is a “one million percent” chance Aroldis Champan will opt-out of his deal

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Ken Rosenthal of The Athletic reports that there is a “one million percent” chance Yankees closer Aroldis Chapman will opt out once the season ends.

Just going by the math this makes perfect sense, of course.

Chapman signed a five-year, $86 million deal with the Yankees before the 2017 season. Pursuant to the terms of the deal he’ll make $15 million a year in 2020 and 2021 (he was given an $11 million signing bonus that was finished being paid out last year). This past season the qualifying offer was $17.9 million. Craig Kimbrel of the Cubs just signed a deal that will pay him $16 million in 2020, 2021, and 2022 (he’s making a prorated $16 million this year). Other top closer salaries at the moment include Kenley Jansen ($19,333,334); and Wade Davis ($18 million).

It’s fair to say that Chapman fits into that group and, I think it’s safe to say, more teams would take him than those guys if they were all freely available. As such, Chapman opting out to get more money makes all kinds of sense. Heck, opting out, getting slapped with a qualifying offer, accepting it and then hitting the market unencumbered after the 2020 season would stand him in better financial stead than if he didn’t opt-out in the first place.

The question is whether the Yankees will let it get that far or whether they’ll approach him to renegotiate the final couple of years on the deal or to add some years onto the back of it. If they’re smart they will.