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Cheap Owners Newsbeat

Tuesday, September 10, 2019

Report: Red Sox unlikely to retain Mookie Betts and/or J.D. Martinez

Alex Speier of The Boston Globe reports that the Red Sox are unlikely to retain outfielder Mookie Betts and/or DH J.D. Martinez. One or both are likely to be traded this winter. The Red Sox purportedly do not have the payroll flexibility to afford both given the recent signings of pitchers Chris Sale and Nathan Eovaldi.

The Red Sox currently have a payroll over $236 million, exceeding the competitive balance tax threshold for a second straight year. Last year, the CBT threshold was $197 million, this year it’s $206 million. The Red Sox will pay a penalty on the $30 million overage, 30 percent ($9 million) plus a 12 percent penalty ($3.6 million) for exceeding the CBT threshold between $20-40 million. To a layperson, these are huge penalties. To a billionaire, they are drops in the ocean. Even to a team, it’s the cost of a free agent reliever.

John Henry, who is the principal owner of the Red Sox (and The Boston Globe), has a net worth of $2.7 billion, according to Forbes. Henry and the Red Sox could keep both Betts and Martinez if they really wanted to. The CBT, of course, was designed to give team owners a reason to limit their investments in their teams, so it’s working exactly as intended.

Ever get the feeling we’re on the verge of a major strike in a few years’ time?

QLE Posted: September 10, 2019 at 01:30 AM | 48 comment(s)
  Beats: cheap owners, j.d. martinez, mookie betts, red sox

Saturday, August 24, 2019

Adeiny Hechavarria gives Mets a million reasons to remember game-changing double

NEW YORK – The day before Adeiny Hechavarria would collect a million bucks, the Mets sent him to the unemployment line, designating him for assignment.

While the team played the move off as one it made due to roster construction with Joe Panik being added, the timing certainly caught Hechavarria’s attention.

“It can’t be a coincidence the day before I was due a bonus it obviously went down. I think the same thing happened with (Carlos) Gomez as well,” Hechavarria said via Braves interpreter Franco Garcia. “It’s hard to believe and hard-pressed to say it’s a coincidence. That’s baseball and the business of the game.”

Hechavarria later landed with the Braves, who are without Dansby Swanson, and he got his first crack at revenge against his team Friday night at Citi Field.

Oh, the fun of beating up upon the Wilpons!


 

 

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