McCourt Agrees To Sell Dodgers
WEDNESDAY: McCourt and MLB have agreed to seek approval from the U.S. Bankruptcy Court for an auction of the Dodgers, reports Shaikin. MLB hopes to have a new owner in place by Opening Day.
MONDAY: Dodgers owner Frank McCourt appears to be nearing an agreement with MLB on a bankruptcy settlement, according to Bill Shaikin of the LA Times. Under the agreement, McCourt would agree to sell the team. At this points negotiations are fluid and talks could fall apart.
McCourt would have some control over the sale, which would likely include Dodger Stadium and surrounding parking lots, according to the Times. Shaikin suggests a sale price of $1 billion is not out of the question. The Dodgers' bankruptcy trial was delayed last week.
It seems unlikely that the Dodgers will be major players for the offseason's top free agents. However, they're expected to discuss extensions for center fielder Matt Kemp and left-hander Clayton Kershaw and it's possible that each player could require a commitment of $100MM or more.
Quick Hits: Moyer, Darvish, Yankees, Tigers
Congratulations to the 2011 Gold Glove winners. Here are some notes from around MLB…
- Brandon Phillips ($250K), Adrian Beltre ($100K) and Adrian Gonzalez ($100K) were among the winners to obtain bonuses for their fielding excellence, according to the AP (via SI.com).
- Jamie Moyer threw for scouts last Thursday, according to Ken Rosenthal of FOX Sports (on Twitter). Reports on the left-hander, who’s nearly a year removed from Tommy John surgery, are excellent.
- Patrick Newman of FanGraphs explains what you need to know about Yu Darvish, the Japanese starter who could be posted this offseason.
- Dave Cameron of FanGraphs makes the case that teams should treat Darvish as a super two player by guaranteeing him two or three years at an average annual value of approximately $10MM.
- Jim Margalus of South Side Sox isn't thrilled that the White Sox exercised Jason Frasor’s 3.75MM option and explains what the decision means for Chicago.
- The Yankees expect to be heavily involved in trade talks this offseason because they have prospects to trade and are willing to deal pitching, according to ESPN.com's Buster Olney (on Twitter).
- Tigers GM Dave Dombrowski told reporters, including MLB.com's Jason Beck, that he'd like to re-sign free agent infielder Ramon Santiago. Though the Tigers like Santiago, they don't see him as an everyday solution.
- Phillies GM Ruben Amaro Jr. says he’d like to re-sign free agents Ryan Madson and Jimmy Rollins if possible, according to Bob Brookover of the Philadelphia Inquirer. "We've had discussions with the agents of both players," Amaro said.
- Marlins president of baseball operations Larry Beinfest repeated that he can consider major expenditures this offseason, according to Joe Frisaro of MLB.com.
NL West Notes: Dodgers, Cook, Bell, Hill
The Dodgers are nearing a deal with Juan Rivera and have drawn interest from a high-profile potential buyer. Here are more notes from the division…
- Dodgers owner Frank McCourt will get at least $1 billion if he agrees to sell the team, according to Jon Heyman of SI.com (on Twitter). Dodger Stadium and its surrounding parking lots will likely be included in any sale.
- Aaron Cook can see himself returning to Colorado under the right circumstances and Rockies GM Dan O'Dowd has some interest in bringing the right-hander back, according to Jim Armstrong of the Denver Post. The Rockies declined an $11MM option for Cook yesterday, paying a $500K buyout instead.
- Padres GM Josh Byrnes told reporters, including Tom Krasovic of MLB.com, that he'll be happy if Heath Bell accepts arbitration and prepared in case the Type A reliever declines.
- The Diamondbacks value Aaron Hill at about $4MM, according to ESPN.com's Buster Olney (on Twitter). They had an $8MM option for the second baseman before declining it yesterday.
Mark Cuban Had Interest In Dodgers, Could Make Bid
10:05pm: A spokesman for McCourt told Shaikin that the Dodgers owner hasn't interacted with Cuban. "He doesn't know Mark Cuban. He hasn't spoken with Mark Cuban. He hasn't had anyone speak with Mark Cuban on his behalf" (Twitter link).
8:23pm: Mark Cuban has interest in buying the Dodgers, but not unless the team's price drops. The high-profile Dallas Mavericks owner says he offered to buy the Dodgers from owner Frank McCourt several months ago, according to Bill Shaikin of the LA Times. However, McCourt wanted $1-1.2 billion for the team, so Cuban held his cash.
"At that price, I wasn't interested," Cuban told Shaikin.
Cuban, who has bid on the Cubs and Rangers in the past, won't rule out buying the Dodgers if the price drops under $1 billion. McCourt and MLB are nearing an agreement on a bankruptcy settlement, according to Shaikin. Under the agreement, McCourt would sell the team, giving prospective owners a chance to purchase one of MLB's premier franchises.
Dodgers, Juan Rivera Closing In On Deal
10:01pm: The deal would guarantee Rivera approximately $4MM, according to MLB.com's Ken Gurnick.
7:59pm: Juan Rivera and the Dodgers are closing in on a one-year contract that would include a team option for 2013, according to Dylan Hernandez of the LA Times. The deal could be completed later in the week.
Rivera joined the Dodgers when the Blue Jays sent him to Los Angeles for a player to be named later in July. The 33-year-old posted a combined line of .258/.319/.382 with 11 homers and 23 doubles for the Blue Jays and Dodgers in 2011, his 11th season in the Major Leagues. SFX represents Rivera, as our Agency Database shows.
Rivera has produced against left-handed pitching over the course of his career (.830 OPS) and 2011 was no exception (.805 OPS). He played left field, right field and first base for the Dodgers and will likely play a similar role in 2012. He was not a ranked free agent, so the Dodgers could not have obtained compensation for losing him via free agency.
Dodgers owner Frank McCourt may sell the Dodgers this winter. Click here for Tim Dierkes' offseason outlook for the club.
NL Central Notes: Cardinals, Pirates, Astros
Here's the latest on the Cubs and here's a look ahead to the Cardinals' offseason. Now for some notes from the rest of the division…
- Cardinals pitching coach Dave Duncan says he expects to remain with the team in 2012, though the commitment depends on their next manager, his responsibilities and his family situation, according to Joe Strauss of the St. Louis Post-Dispatch.
- Pirates GM Neal Huntington explained that the Pirates declined their options on Chris Snyder, Ryan Doumit, Ronny Cedeno and Paul Maholm because he’d rather use those resources to “see what's out there," according to Bill Brink of the Pittsburgh Post-Gazette.
- Kevin Goldstein of Baseball Prospectus breaks down the Astros’ top 11 prospects and Jarred Cosart, George Springer and Jonathan Singleton lead the pack. The Astros acquired Cosart and Singleton from the Phillies for Hunter Pence and they selected Springer with their top pick in this year’s draft.
Red Sox Notes: Mike Maddux, Dale Sveum, Ortiz
Here are some links from New England while we wait for the Red Sox and Cubs to finally decide on compensation for Theo Epstein…
- SI.com's Jon Heyman reports (on Twitter) that the Red Sox have not yet asked the Rangers for permission to interview pitching coach Mike Maddux, but he's seen as a likely candidate for their pitching coach job.
- In another tweet, Heyman says that Brewers hitting coach Dale Sveum has a good chance at the Red Sox's and the Cubs' managerial jobs. Sveum served as Boston's third base coach from 2004-2005.
- In a Twitter chat with fans, GM Ben Cherington confirmed that Sveum will be in for an interview tomorrow. The full chat transcript can be found here.
- The Red Sox haven't made David Ortiz an offer, according to the Boston Herald. The DH is seeking a three-year deal.
AL West Notes: Oliver, Angels, Mariners
Let's round up some links from baseball's only four-team division…
- Darren Oliver is leaning strongly towards returning in 2012, reports MLB.com's T.R. Sullivan. "After what happened this year, that leaves a bad taste in my mouth," said Oliver. "I don't think I want it to end like that." The Rangers lefty is a Type-A free agent.
- The Angels have signed Dominican outfielders Ayendi Perez and Ranyemi Alberto Mendoza according to a press release from the Dominican Prospect League. Perez signed for $25K while Mendoza signed for $70K.
- The Mariners officially announced the hiring of Chris Gwynn as director of player development in a press release. Gwynn is Tony's brother, and he had previously been working in the Padres front office.
Offseason Outlook: St. Louis Cardinals
Congratulations to the Cardinals for winning a thrilling World Series after an unexpected surge to the playoffs. Their offseason revolves around re-signing Albert Pujols, who is on the brink of free agency for the first time in his career.
Guaranteed Contracts
- Matt Holliday, OF: $86MM through 2016
- Jaime Garcia, SP: $27MM through 2015
- Chris Carpenter, SP: $21MM through 2013
- Adam Wainwright, SP: $21MM through 2013
- Kyle Lohse, SP: $12.2MM through 2012
- Lance Berkman, OF: $12MM through 2012
- Jake Westbrook, SP: $8.5MM through 2012
- Yadier Molina, C: $7MM through 2012
Arbitration Eligible Players (estimated salaries)
- Jason Motte, RP: $1.7MM
- Kyle McClellan, RP: $2.7MM
- Ryan Theriot, UT IF: $3.9MM (non-tender candidate)
- Skip Schumaker, UT IF/OF: $3.1MM (non-tender candidate)
Free Agents
- Albert Pujols (Type A 1B), Gerald Laird (unranked C), Corey Patterson (unranked OF), Nick Punto (unranked 2B), Edwin Jackson (Type B SP), Octavio Dotel (Type A RP), Arthur Rhodes (Type B RP), Rafael Furcal (Type B SS)
The 2011 Cardinals overcame odds, injuries and three worthy playoff foes to win the 11th World Series in franchise history. Their improbable championship is worth savoring, but it's now time for action, not reflection. Albert Pujols is hours away from free agency and the Cardinals also face uncertainty on the bench, since manager Tony La Russa has announced his retirement.
Fortunately for the Cardinals, their offseason preparations began in September when a playoff berth — let alone a World Series title — seemed improbable. Lance Berkman and Chris Carpenter signed extensions last month and the club has had preliminary discussions about retaining Rafael Furcal. Highly-regarded pitching coach Dave Duncan will return as well. But that's all secondary for now.
Pujols isn't simply the best free agent of the offseason, he's a Cardinals icon who will be enshrined in Cooperstown as soon as he's eligible. Even in a so-called off-year, Pujols posted a .299/.366/.541 line with 37 home runs. He punctuated the season with a dominant playoff run: five home runs and a .353/.463/.691 line, including a three-home run game in the World Series.
The Cardinals appear to have offered Pujols a nine-year deal worth more than $200MM before the season, but he didn't sign. Having waited this long, the 31-year-old will surely test free agency, where he will pique the interest of many teams. While the Rangers, Mariners, Orioles and Nationals could all have interest, the best fit of all may be in St. Louis. The Cardinals aren't going to offer Pujols more than the $275MM Alex Rodriguez got from the Yankees four offseasons ago, and no one else will, either. But if the Cardinals offer Pujols a $200MM contract again, he can sign for more than any player in baseball history except Rodriguez without having to leave St. Louis.
Zero National League teams outscored the Cardinals, despite a Major League-leading 169 double plays. If Pujols returns, their offense figures to be among the league's best once again. If he leaves, they could make Allen Craig an everyday outfielder and move Berkman to first base while collecting draft picks for Pujols.
The Cardinals already exercised their option Yadier Molina, but with Gerald Laird hitting the open market, they could look for a backup catcher. Yadier's brother, Jose Molina, will be available this offseason.
Furcal and Nick Punto will hit free agency, so the Cardinals will need middle infielders. If the Cardinals don't re-sign Furcal, they could pursue Clint Barmes, Alex Gonzalez or another free agent shortstop. The trade and non-tender market offers alternatives at short, so there's a real chance Ryan Theriot won't return — at least not for a projected salary approaching $4MM. Skip Schumaker would have a salary in the $3MM range, so the Cardinals could let him go in favor of more affordable second basemen. Internally, Tyler Greene is one option at shortstop and they may attempt to retain Punto at second base after his strong 2011 performance.
The Cardinals' rotation is set, now that they've officially exercised their options on Adam Wainwright. He'll join Carpenter, Jaime Garcia, Kyle Lohse and Jake Westbrook in a rotation that could include top prospect Shelby Miller at some point in 2012. With a full rotation plus swingman Kyle McClellan, the Cardinals don't need Type B free agent Edwin Jackson. They could offer him arbitration regardless, since he'd decline in pursuit of a multiyear deal, and the Cards would likely recover a 2012 draft pick.
Jason Motte, Fernando Salas, Mitchell Boggs, Eduardo Sanchez, Lance Lynn, McClellan and Marc Rzepczynski will return to the bullpen in 2012. They've been effective in 2011 and GM John Mozeliak and his front office deserve credit for assembling a capable and affordable group.
Unless the Cardinals are comfortable paying Octavio Dotel and Arthur Rhodes approximately $4MM each to join next year's staff, they shouldn't offer the relievers arbitration later in November. Dotel and Rhodes are ranked free agents and could theoretically net the Cardinals draft picks in 2012, but both have made their interest in returning to St. Louis clear. If the Cardinals decide against bringing Rhodes back, they will likely add another left-hander to pair with Rzepczynski, but the St. Louis front office doesn't need to focus on its 'pen this offseason.
The Cardinals spent $109MM in 2011 and if they re-sign Pujols, payroll will almost certainly rise again. They'll have committed $86MM in payroll if they retain Motte and McClellan through arbitration while non-tendering Theriot and Schumaker. Adrian Gonzalez and Mark Teixeira earn roughly $22MM per season, so Pujols will command an annual salary of at least as much. This would bring their projected payroll to $108MM before adding middle infielders, finalizing the bullpen and accounting for minimum salary players. However, the World Series title surely generated extra revenue for the Cardinals, who have had years to prepare for the possibility of paying Pujols an annual salary in excess of $22MM.
If the Cardinals find a successor to La Russa, sign Pujols to a long-term deal and add middle infielders, they can consider the offseason a success. Mozeliak has a busy offseason ahead, but with Wainwright on his way back, an effective, young bullpen and the NL's best offense, the 2012 Cardinals could threaten to play deep into October once again, in 2012.
Cubs Notes: Ramirez, Zambrano, Epstein
Today the Cubs introduced two of the top assistants for president of baseball operations Theo Epstein. They named Jed Hoyer their executive VP and general manager and Jason McLeod their senior VP of scouting and player development. Here's the latest from this afternoon's press conference:
- Though Epstein didn’t rule anything out, he said free agent third baseman Aramis Ramirez will probably not return to Chicago. “Likely he'll be moving on," Epstein said, according to Gordon Wittenmyer of the Chicago Sun-Times (Twitter links).
- Epstein says he had an enlightening conversation with Carlos Zambrano’s agent and is looking forward to speaking to the right-hander himself, according to Wittenmyer.
- The Cubs expect to reach a decision on manager Mike Quade’s future within a week, according to Carrie Muskat of MLB.com (Twitter links).
- MLB may give the Cubs and Red Sox an extension to determine appropriate compensation for Epstein, Boston’s former GM, according to Muskat.
- Hoyer stressed the importance of building from within today, according to Bruce Miles of the Daily Herald (on Twitter). "Relying on external solutions to building a winning baseball team is a bad idea, and it's something we need to get past," the GM said.