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.
trevor clifton (high-A) could be interesting in a couple seasons...could even become a high/middle rotation guy. he's got a lot of pluses in his pitching except control.
eric leal's (high-A) progression through the minors should be worth watching even if only projects to be an mid/end-rotation starter.
we also gotta keep a long-distance eye on guys like jose paulino (ss-A) and preston morrison (A).
As Johnny Bach used to say when it was time for the MJ Bulls to crank up the defensive pressure: "Release the Dobermans!", and Jordan, Pippen, Rodman and Harper would just suffocate the other team.
I'd love to add Carl Jr. to that group - he's got the stuff.
Historically, the Moneyball guys have been great at identifying productive hitters. Not so much with pitchers.
Wow - Pierce Johnson with an ERA of 8.01 in 42IP!
What a stud prospect! Must be pitching with a pierced johnson.
Looks like Ryan Williams is the only legit prospect there. That is sad...
Well it would seem that's all they need now. "Stropy" can have his moments, but he's been more consistent post-asg.
Take THAT, Cardinals -- you beat Fernandez, we beat Sale.
I really like Lackey as a 6-inning pitcher.
Three amigos? Because the Dominican, the Venezuelan, and the Cuban?
Maybe the three-headed dragon?
Who says Contreras can't frame? Stone cold robbery of Eaton with that called third strike for the first out in the eighth
Three amigos time?
he should hit more of those. that would be an ideal outcome. /moneyballs
Russell with 19 RBI in July so far. Grand Slams help.
...and Familia with back-to-back blown saves. Blows a one-run lead vs. Rockies today, gets his 2nd consecutive loss.
I am OK with the Mets missing the playoffs and suffering crushing losses at home --- just want them to beat St. Louis.
He played with fire twice agains the Cubs -- unfortunately, the Cubs couldn't stop swinging.
How about Kyle Farnsworth? I know he was consistently upper 90s.
If he puts up Soriano numbers I will be ecstatic
I think Javy is learning--but he's learning to make contact, not learning to lay off pitches out of the zone. A quick glance at his plate discipline numbers on Fangraphs shows that his contact rate is up, especially his contact rate out of the zone, but his swing rate is up too, especially his swing rate out of the zone.
I definitely saw ballpark radar guns go up to 102 on Kerry Wood back when he was still a starter, but who knows how accurate they were.