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Thursday, November 14, 2019

Charity work, singing lessons had a hand in Waino’s decision to return to Cardinals

Jumping ahead….

The 2020 season is also the last covered under the contract of Cardinals catcher Yadier Molina, whose close relationship with Wainwright has led each to describe the other as a brother at various times. Wainwright said Tuesday that he and Molina hadn’t had any formal conversations about “riding off into the sunset upon retirement,” before hastily adding that his daughter Macee is planning for a future which includes the two families sharing one oversized roof.

Sources have intimated that Molina may be seeking an extension to his contract and would likely be willing to accept a pay cut from his current $20 million-per-year salary in order to complete such a deal.

If Molina does sign an extension in St. Louis, it’s unclear whether Wainwright would plan to join him for 2021 or beyond. Wainwright joked Tuesday that his representation approached the Cardinals about a guaranteed six-year pact but conceded that “at the moment we are going year to year and with the likelihood of this probably being it.”

He added, “but who knows how those things work, man?”

Seems a bit optimistic, doesn’t it?

 

QLE Posted: November 14, 2019 at 12:24 AM | 3 comment(s)
  Beats: cardinals, contracts, yadier molina

Friday, November 01, 2019

Report: MLB proposed deadline for multi-year free agent contracts

The Athletic’s Evan Drellich reports that Major League Baseball made a proposal to the MLB Players Association, suggesting a deadline for multi-year contracts for free agents. The deadline would have been set for the end of the Winter Meetings, which this year will take place December 8-12 in San Diego. Unsurprisingly, the union rejected the proposal.

At face value, MLB’s goal with the proposal would be to speed up the rate at which the bigger free agents sign contracts. Bruce Meyer, hired as the union’s chief negotiator last year, said, “After due consideration, we rejected their proposal as not being in the best interests of players. We asked if MLB was interested in discussing other, more direct and tangible ways of incentivizing early signings and they weren’t at this time.”

MLB suggested the deadline could create a bidding frenzy for free agents. The union didn’t see it that way, instead correctly surmising that teams would wait out the deadline and then make, as Drellich put it, take-it-or-leave-it offers.

As always, my apologies- the quoted source is behind a paywall for me.

 

QLE Posted: November 01, 2019 at 12:29 AM | 10 comment(s)
  Beats: contracts, free agency

Tuesday, October 29, 2019

What “Sustainable Success” Really Means

We live in a time in which Major League Baseball front offices are increasingly cutting payroll and are seemingly happy to be “competitive” while eschewing — and sometimes even fearing — taking shots at being truly great. As we’ve discussed a lot around here over the past couple of years, a number of buzzwords — and tortured justifications for low payroll — spin out of that philosophy.

“Financial flexibility” is one we’ve had a lot of fun with. And to be sure, there are way more ridiculous ones. But there’s one you hear more often than all the others lately. Indeed, I can’t remember the last press conference from an owner or head of baseball operations that didn’t nod to it. What is it?

“Sustainable Success.”

If you want to see it in action, look no further than yesterday’s introductory press conference of new Red Sox Chief Baseball Officer Chaim Bloom. Both he and team president Sam Kennedy used the term on multiple occasions when referring to the future goals of the Boston Red Sox.

Bote Man Posted: October 29, 2019 at 11:30 AM | 8 comment(s)
  Beats: cheap owners, contracts, revenues, spending

Wednesday, October 16, 2019

Do Giants’ Buster Posey, Johnny Cueto have two of worst MLB contracts?

The Giants ended the 2019 MLB season with the 13th-worst record in the league at 77-85, but the fifth-highest payroll at $178.5 million. A large chunk of that went to a pitcher who only appeared in four games this season.

Johnny Cueto has pitched in just 13 games the past two years after undergoing Tommy John surgery, and also has earned $21 million in each of those seasons. Cueto, 33, will be paid another $21 million by the Giants in 2020, too.

He isn’t the only aging Giant that will earn a large chunk of change next season. Michael Ginnitti of the contract expert website Spotrac lists two Giants in his 10 toughest MLB contracts for 2020. Joining Cueto on the list is catcher Buster Posey.

For the fifth straight season, Posey, who mainly batted in the middle of the Giants lineup this season, saw his power numbers dip to a staggering career low. The former NL MVP only hit seven home runs this year—actually up from five in 2018—but drove in just 38 runs and had a .368 slugging percentage.

So, how many rival contracts could we argue have this honor?

QLE Posted: October 16, 2019 at 01:29 AM | 23 comment(s)
  Beats: buster posey, contracts, giants, johnny cueto

Sunday, September 22, 2019

Cubs are living to regret Craig Kimbrel’s $43 million contract

Over his first nine seasons in Major League Baseball, no moment seemed too big for Craig Kimbrel.

The flame-throwing closer dominated in stints with the Atlanta Braves, San Diego Padres and Boston Red Sox, racking up 333 saves, 868 strikeouts and seven All-Star appearances.

It’s been a different story in 2019.

The now 31-year-old veteran hasn’t just looked human on the hill. He’s looked overwhelmed. As if there were no answers as to why his dominance has disappeared after signing a three-year, $43 million contract with the Chicago Cubs back in May.

Is it just me, or does that title have somewhat unfortunate implications?

 

QLE Posted: September 22, 2019 at 12:18 AM | 52 comment(s)
  Beats: contracts, craig kimbrel, cubs

Thursday, September 12, 2019

Vin Scully’s 1st Broadcasting Contract with Brooklyn Dodgers for Sale at Auction

Baseball fans can own Vin Scully’s first contract with the Brooklyn Dodgers.

SCP Auctions listed the contract with a starting bid of $4,000 (h/t TMZ Sports).

In a letter dated Dec. 23, 1949, Scully wrote to Dodgers president Branch Rickey, outlining his expectations upon taking over as a Dodgers’ radio and television broadcaster. He asked for a salary of $100 weekly in 1950 and raises of $6,000 and $7,500 for each of the next two years.

Rickey signed the second page of the letter, certifying he agreed to the terms.

It turns out that Branch Rickey was just as cagey with his contracts for off-field personnel as he was for players.

 

QLE Posted: September 12, 2019 at 04:15 AM | 0 comment(s)
  Beats: contracts, vin scully

Thursday, August 22, 2019

Why Bryce Harper is rooting for Mookie Betts to beat his $330 million deal

For three weeks during spring training, Bryce Harper was the owner of Major League Baseball’s richest contract ever.

Now the 26-year-old outfielder is hoping he’ll be third on that list come opening day 2021 after offering a ringing endorsement for soon-to-be free agent Mookie Betts of the Boston Red Sox.

Speaking to NBC Sports Boston this week, Harper made it clear that he includes Betts among the league’s elite class of players. He’s hopeful the 2018 American League MVP will be recognized and paid as such when or even before he’s slated to hit free agency.

The answer seems obvious to me- but, then again, I am not one to court popularity….

 

QLE Posted: August 22, 2019 at 06:22 AM | 36 comment(s)
  Beats: bryce harper, contracts, dollah dollah bills, y'all, mookie betts

 

 

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