MLB Approves Cubs Sale
The major league baseball owners have unanimously approved the sale of the Cubs to the Ricketts family. According to the Sporting News article, there are still a few hoops to jump through before the Ricketts officially take over day-to-day control of the team, which should hopefully happen before the end of the month.
The franchise still has to go through a 24-hour "pre-packaged
bankruptcy," which the Tribune reports will take place next Monday or
Tuesday. When that step is finalized, the banks financing the deal will
have a "10 day cooling off period" before they have to fund the deal.
When they do take over, Ricketts and Hendry will get to have this conversation (the following brilliance is from Andy Dolan at Desipio):
Jim Hendry: Mr. Ricketts, I need to talk to you about what we’re going to do with Milton Bradley.
Tom Ricketts: Sure, I knew this was coming.
JH: We owe him $21 million the next two years, but
we have to move him. We can’t possibly try to put him back in that
clubhouse with those players. They hate him.
TR: Fine. What are we looking at in return?
JH: Honestly, not much. There are only a few teams
that have any interest at all, and they don’t want to pay much of his
salary, and they don’t want to give up any real prospects. The best we
could do would be to trade for a player with a bigger contract, like
Aaron Rowand or Chris Young, and even then we’ll have to eat some of
TR: So we’re in a position where we’re going to pay a guy to not play for us?
JH: I think we have to. It’s better to pay him to not play here, than have him here poisoning the team and not producing.
TR: So it’s your opinion, that the best solution to
this is to not try to make something that’s not working, work, but
instead to cut the cord and eat the money and bring in somebody better
equipped to do the job?
JH: Exactly. Sometimes it’s the best thing.
TR: For example, you have three years and $9 million left on your deal, right?
TR: So how about this? How about I eat that nine
million bucks, and pay you to not screw up our roster and our payroll
anymore, and bring in somebody else to do the job, instead of having
you try…again…to find somebody to bat lefthanded and not poison the
clubhouse and underperform? Because, as you read in the papers for
months, I need to decide what to do with Kenney. He thinks he’s going
to stay on to handle the Wrigley Field renovations and be your boss.
But I could bring in a baseball guy like John Schuerholz or Sandy
Alderson to be the president, and instead of having them be your boss,
they could just do your job.
JH: Uh…I guess.
TR: Great. Now why don’t you and Crane leak that
to your little toadies, Levine and Kaplan? I’ve got a completely
fucked up payroll to worry about.
Speaking of the payroll, Arizona Phil has updated the right sidebar with the latest estimates. The Cubs are on the hook for $118M in guaranteed contracts and an estimated $18 million if they auto-renew and sign all their arbitration eligible players (which they probably won't). That puts the grand total at around $136M before any dealmaking gets under way.
Who is this Arrieta guy? Can I get the old one back please?
Well, this is, once again, the whole season for the Sox.
...and the Bryant RBI jinx continues in the 3rd....crap.
bryant's in the dugout filling a police report BECAUSE HE JUST GOT ROBBED.
chapman showing up and available tomorrow night.
i'm sure he'll be a bit hit. hope he doesn't choke. dude has a rifle for an arm. he'll add a bit of punch to the bullpen.
the 'crosstown classic' sure has lost it's magic with interleague. the excitement level is barely noticable...maybe it's a bit more hype in the city, itself.
Well he didn't leave a mark so its not that bad.
He choked her.
Her brother tackled him to separate him.
He cooled off by shooting his gun in the garage.
I don't have to like him on the team I follow.
And you are others are free to not give a shit about his personal misgivings if you so choose as well.
Sure, no marks and some inconsistencies in the witness's statements. But firing your gun into garage wall immediately after an argument and punching out your car window is still threatening and out of control behavior. There was certainly enough for MLB to think it warranted a 30-game suspension.
I'd prefer they be flexible with the closing situation depending on matchups. You're not really adding a lefty reliever if you use him strictly as a closer.
Stockpiling young talent isn't only for trading for someone like Chapman though. Even with an elite closer winning the World Series is basically a crap shoot so the key is to get to the playoffs as much as possible and not just mortgage everything on one year. Once you get there an elite bullpen certainly helps but the playoffs can be won by one hitter or starting pitcher getting hot (Murphy, Molina, Baumgardner) and a closer might not be able to stop that.
I'm also not crazy about press convictions. As the police report noted, there were no marks on the lady in question. There's a TMZ link (of course) to her police pictures, as well.
I think the only way this trade goes real bad is if Cubbery intervenes and Chapman is suddenly bad for some reason.
I am right there with you closing in on 60.
I don't care that much about "mortgaging" one player who is not only blocked by two guys, but is not ready to hit the majors for at least a couple years.
There is no reason why this team, this year, can't have a real shot at something NONE of us have experienced.
Further, I don't feel that even if they fall short that they have ruined their farm system.
I have made my opinion clear here, with others, Warren was shit on the Cubs save one spot start.
Trading for Warren, Warren sucking, getting Warren back for Chapman plus 3 prospects, sounds like Revenge of The Yankees on the former Boston executive. Old rivalries never die.
I pray to the heavens above Chapman doesn't suck for some reason, or he'll be booed out of town faster than a Todd Hundley revival meeting.
I'm kind of nostalgic for the Schwarber-for-Miller rumors.
This offseason, after some ridiculous playoff run and Chapman saving every game from here until the end of the postseason striking out 27/9innings, I welcome anyone to quote this thread and call me a dummy: I hate this trade, and my hate is 2 parts Chapman makes this team less likeable and 1 part that's a ridiculous overpay for 30 regular season innings and, at tops, 10 postseason innings. Already hoping they don't extend him.
btw...Thanks AZ Phil. I'm really enjoying your take on this trade.