Indians Rumors: Debt, Shapiro, Wedge

Terry Pluto of The Cleveland Plain Dealer sat down for a chat with Indians team president Paul Dolan and some other front office personnel. Lots of interesting information came to light, so let's dig in…

  • Dolan indicated that the team was $16MM in the red in July and headed towards $20MM. The trades of Cliff Lee, Victor Martinez, and Carl Pavano bring that number down to about $12MM.
  • Jake Westbrook's injury will actually save the team money because insurance will cover about 50% of his $11MM salary.
  • Had the Tribe not made any moves at the deadline, they would have been looking at about $30MM in losses next year because of declining attendance.
  • Dolan has "no plans" to sell the team, nor has he received any serious offers.
  • "Mark Shapiro will be the general manager next year; that has never been in question," said Dolan. "He has done a very good job of rebuilding the franchise once after the 1990s. Our fans may not realize it, but our franchise is viewed around baseball as one of the better ones in the game."
  • The future of manager Eric Wedge will be decided after the season, and the $1.3MM owed to him in 2010 will "not be factor."
  • Pluto also provides some notes about several Tribe prospects, including Carlos Carrasco and Michael Brantley. Carrasco was acquired in the Lee trade, Brantley in last year's CC Sabathia deal.

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