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Braves Report Major Revenue Drop, Operating Losses In 2020

By Mark Polishuk | February 28, 2021 at 7:33pm CDT

Since the Braves are owned by the publicly-traded Liberty Media corporation, they are the only team in baseball required to disclose their finances, providing some insight into how the COVID-19 pandemic impacted business.  Liberty Media revealed the particulars on Friday (Tim Tucker of the Atlanta Journal-Constitution has the details), with the Braves accounting for an operating loss of $49MM before depreciation and amortization in 2020.  In terms of pure revenues, the club generated $178MM.

As one might expect, these numbers each represent a significant decline from the Braves’ financial picture just one year ago.  In 2019, the Braves generated $476MM in revenues and had a $54MM profit (before depreciation and amortization).  The Braves also added $115MM in debt thanks to construction costs in and around Truist Park and at their new Spring Training complex, bringing their total debt to $674MM at the end of 2020.

In an interview last October, commissioner Rob Manfred claimed that MLB’s 30 teams were facing a collective operating loss of roughly $2.8 to $3 billion in 2020.  Since each club’s financial situation obviously has a lot of individual differences, it’s hard to necessarily extrapolate Atlanta’s losses considering they are just one piece of a 30-team pie.  For example, Truist Park is the second-newest ballpark in the league, thus providing the Braves with a fresher revenue source than most other clubs.

As Fangraphs’ Craig Edwards wrote in December, however, the Braves are a pretty decent sample team to act as a barometer for the league as a whole “since Atlanta has a slightly better than average local television deal and ran a slightly higher than average payroll last season.”  Edwards estimated the Braves for roughly a $65MM operating loss in 2020, so the team actually bettered his analysis.  And given the $54MM profit in 2019, the Braves would still seem to be in the black over the two-year span.

It remains to be seen how the 2021 season will play out from a financial perspective since many teams will have either reduced or zero attendance for at least much of the year.  Many on the players’ side (such as MLBPA officials and agents like Scott Boras) have taken the stance that 2020-21 will end up being something of a relatively minor setback to Major League Baseball’s overall financial health, which runs counter to statements made by Manfred and some team owners about the sport’s alleged dire monetary losses.  Expect this debate to loom large throughout the season and beyond, as the two sides will face a very tense set of negotiations over a new Collective Bargaining Agreement — the current CBA expires in December.

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Atlanta Braves

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Quick Hits: Pujols, Blue Jays, Kennedy, Santana

By Mark Polishuk and TC Zencka | February 27, 2021 at 11:11pm CDT

There was a brief flurry of speculation about Albert Pujols’ future earlier this week when Deirdre Pujols, the Angels veteran’s wife, created an Instagram post that seemed to hint that the future Hall-of-Famer would call it a career after the 2021 season.  Deirdre clarified her online statement soon after posting, and her husband also addressed the matter in speaking with media (including The Associated Press) today at Spring Training.

“This thing just got blown out of proportion,” Pujols said.  “My mind is not even there.  My mind is on staying focused, healthy, and hopefully trying to help this ballclub win this year, and that’s it.  If I feel at the end of the year that that’s it, I’ll announce it [and] go home.  But I’m not even there yet.”

Pujols is entering the final season of his ten-year, $240MM deal with the Angels, and 2021 will be the slugger’s 21st MLB campaign.  After four years of subpar offensive production, it would certainly seem like the 41-year-old is nearing the end of the line, though it seems we won’t know for certain until the season is through.

More from around baseball…

  • George Springer will surely play every day in the Blue Jays’ outfield, so his addition means the team’s other starting outfielders from 2020 will see their playing time either reduced or somewhat altered.  Both Randal Grichuk and Lourdes Gurriel Jr. told reporters (including Sportsnet’s Ben Nicholson-Smith) that they wondered if they’d be traded, yet as Spring Training continues, that duo and Teoscar Hernandez are all still on the roster.  It remains to be seen exactly how the Jays will arrange their lineup to get everyone at-bats, though Gurriel could find an opening with a return to part-time infield duty, as manager Charlie Montoyo is having Gurriel work out as a first baseman and third baseman.  The Jays already have Cavan Biggio lined up for the bulk of the action at the hot corner, with Vladimir Guerrero Jr. also hopeful of getting some third base time while sharing first base/DH duty with Rowdy Tellez.  Getting at least one other position under his belt can only help Gurriel, however, especially after his defensive struggles as an infielder earlier in his career.
  • Ian Kennedy debated signing with two other teams before settling on the Rangers’ minor league offer, per Jeff Wilson of the Fort Worth Star-Telegram (via Twitter).  The Royals, Kennedy’s former team, were one of the two other suitors, though Kennedy seems to have a clearer path to regular bullpen work in Texas.  A starter for all but two of his first 291 MLB games from 2007-18, Kennedy enjoyed a stellar season as the Royals’ closer in 2019, but he is out to re-establish himself after a difficult 2020.  Kennedy posted a 9.00 ERA over 14 innings before a left calf strain brought a premature end to his season.
  • Danny Santana is also coming off an injury-plagued season, as the super-utilityman amassed just 63 plate appearances over 15 games with the Rangers.  After undergoing elbow surgery in September, Santana is now set to hold a showcase for scouts on Thursday, MLB Network’s Jon Heyman (Twitter link) reports, and Santana has also been holding private workouts for teams.  The 30-year-old has played all over the diamond over his seven years with the Twins, Braves, and Rangers, and was a revelation for Texas in 2019 — he hit .283/.324/.534 with 28 home runs, with by far his best wRC+ (111) since a 132 wRC+ over 430 PA as a rookie with Minnesota back in 2014.
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Kansas City Royals Los Angeles Angels Texas Rangers Toronto Blue Jays Albert Pujols Danny Santana Ian Kennedy Lourdes Gurriel Jr. Randal Grichuk

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Royals, Hunter Dozier In “Serious” Extension Negotiations

By Mark Polishuk | February 27, 2021 at 9:44pm CDT

The Royals and third baseman Hunter Dozier “are in serious talks” about a multi-year contract extension, according to FanSided’s Robert Murray (Twitter link).  Specific terms aren’t known, though Dozier has two years of arbitration eligibility remaining before reaching free agent status following the 2023 season.  Dozier is already set to earn $2.72MM in 2021 after reaching an arb-avoiding deal with K.C. back in December.

Selected eighth overall in the 2013 draft, Dozier enjoyed a breakout season in 2019, hitting .279/.348/.522 with 26 homers and a league-best 10 triples over 586 plate appearances.  That was followed up by a less-impressive 2020 (.228/.344/.392 over 186 PA) but with some obvious extenuating circumstances — not just the 2020 campaign’s smaller sample size, but Dozier also missed over two weeks at the start of the season due to a positive COVID-19 diagnosis.  Dozier’s hard-contact numbers dropped off considerably from 2019 to 2020, though his walk rate also significantly improved.

It sets the stage for what could be an interesting set of extension talks, considering that 2020 wasn’t exactly a great platform year.  Dozier turned 29 last August, so he might have more incentive to lock in some long-term security now rather than bet on hitting a big payday on the open market entering his age-32 season.  It’s worth noting that L. Warner Companies Inc. (Dozier’s agency) also represents another prominent Royal in Whit Merrifield, who signed an extension with Kansas City just over two years ago, though Merrifield and Dozier aren’t really comps — Merrifield is 31 months older and was still entering his final pre-arb season when he inked his long-term deal.

There aren’t a ton of great recent comps for Dozier overall, in looking at recent extensions of players who had between three and four years of MLB service time.  The odd nature of the 2020 season adds another layer of difficulty in trying to predict what a Dozier extension could look like, since those past players didn’t have such an outlier of a year factoring into the situation.  The list of players who have signed an extension since the pandemic began consists only of unique mega-deals (i.e. Mookie Betts and Fernando Tatis Jr.), players who signed contracts only covering arbitration-eligible years, or Yuli Gurriel’s one-year extension with the Astros at the end of September.

Extensions have been a key plank of Dayton Moore’s team-building strategy since he became Kansas City’s GM in 2006.  After an offseason that saw the Royals make some notable moves in acquiring Andrew Benintendi and signing Carlos Santana and Mike Minor to two-year free agent deals, it’s clear that Moore and his front office are preparing to be competitive after four straight losing seasons.  It’s safe to assume that the Royals will explore long-term deals with multiple young building-block players as Spring Training rolls on, with such names as Adalberto Mondesi and Brad Keller standing out as possible extension candidates.  Kansas City could also look into locking up younger players who are even earlier in their careers (like Brady Singer or Kris Bubic), and veterans like Jorge Soler and franchise stalwart Salvador Perez are each just a year away from free agency.

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Kansas City Royals Hunter Dozier

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Minor MLB Transactions: 2/27/21

By Mark Polishuk | February 27, 2021 at 8:27pm CDT

The latest minor moves from around the sport…

  • The Athletics will bring right-hander Paul Blackburn back into their big league Spring Training camp after Blackburn cleared waivers.  (Shayna Rubin of the San Jose Mercury News was among those to report the news.)  Blackburn was designated for assignment earlier this week.  The grounder specialist has a 5.69 ERA over 99 2/3 innings in the majors, all since Oakland since the start of the 2017 season, and Blackburn’s usage has dipped over each of those four years — he appeared in just one game in 2020.  With a decent track record as a starter in the minors, however, Blackburn does provide the A’s with some rotation depth.
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Athletics Transactions Paul Blackburn

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MLBTR Chat Transcript

By Mark Polishuk | February 27, 2021 at 8:02pm CDT

Click here to read the transcript of the Saturday evening baseball chat

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MLBTR Chats

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Astros Claim Robel Garcia

By Mark Polishuk | February 27, 2021 at 4:09pm CDT

The Astros have claimed infielder Robel Garcia off waivers, the Angels announced (Twitter link).  The Halos designated Garcia for assignment earlier this week.  Justin Verlander was placed on the Astros’ 60-day injured list to create roster space for Garcia, Chandler Rome of the Houston Chronicle tweets.

Garcia is no stranger to the waiver wire at this point, as he is now joining his fifth different organization since July.  Initially DFA’ed by the Cubs on July 23, Garcia was claimed and then subsequently designated by the Reds, Mets, and Angels, with Los Angeles just picking Garcia up at the start of February.

Is there a chance Garcia could finally stick in Houston?  He offers some versatility as a utility infielder (who has also spent some time in left field), though Almedys Diaz and Abraham Toro already provide a lot of multi-positional depth on the Astros’ bench.  Toro hasn’t yet shown much at the plate over 186 Major League plate appearances, however, so the Astros could see Garcia as a potential option if Toro is sent to Triple-A.

Garcia’s big league resume consists of 80 PA over 31 games with the Cubs in 2019, when he hit .208/.275/.500 with five home runs.  His unique minor league career included four years in the Indians’ farm system from 2010-13 before taking three years away from baseball and then resurfacing in the Italian Baseball League in 2017.  This led to a minors deal with the Cubs in 2019, and some very big numbers at the Double-A and Triple-A levels prior to his call-up.  Garcia doesn’t turn 28 years old until next month, so he presents some intrigue as a late-blooming power bat.

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Houston Astros Los Angeles Angels Transactions Justin Verlander Robel Garcia

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Mariners CEO Kevin Mather Resigns

By Mark Polishuk | February 22, 2021 at 3:02pm CDT

FEB. 22, 3:02pm: Mather has resigned, Divish was among those to tweet.  As part of a statement regarding Mather’s resignation, Mariners chairman John Stanton said: “There is no excuse for what was said, and I won’t try to make one. I offer my sincere apology on behalf of the club and my partners to our players and fans. We must be, and do, better. We have a lot of work to do to make amends.” Stanton added that he’ll serve as acting president/CEO until the team finds a permanent replacement for Mather.

2:17pm: The MLB Players Association has released a statement about Mather: “The Club’s video presentation is a highly disturbing yet critically important window into how Players are genuinely viewed by management. Not just because of what was said, but also because it represents an unfiltered look into Club thinking. It is offensive, and it is not surprising that fans and others around the game are offended as well. Players remain committed to confronting these issues at the bargaining table and elsewhere.”

FEB. 21, 10:20PM: Mather issued a public apology, stating “I want to apologize to every member of the Seattle Mariners organization, especially our players and to our fans. There is no excuse for my behavior, and I take full responsibility for my terrible lapse in judgement.  My comments were my own. They do not reflect the views and strategy of the Mariners baseball leadership who are responsible for decisions about the development and status of the players at all levels of the organization.

“I’ve been on the phone most of the day today apologizing to the many people I have insulted, hurt, or disappointed in speaking at a recent online event.  I am committed to make amends for the things I said that were personally hurtful and I will do whatever it takes to repair the damage I have caused to the Seattle Mariners organization.”

7:25PM: In a video speech given to the Bellevue Breakfast Rotary Club on February 5, Mariners president/CEO Kevin Mather discussed a number of topics surrounding his team and the upcoming season at large.  The speech was posted to YouTube earlier today and later removed, though not before several outlets (including Grant Bronsdon and Kate Preusser of the Lookout Landing blog and Ryan Divish of the Seattle Times) took note of several eyebrow-raising statements made by the Seattle executive.

Speaking with an unusual (and rather shocking) amount of openness, Mather made multiple comments that are sure to gain the attention of Mariners fans, players, and the players’ union.  The most problematic remarks concerned how star prospect Julio Rodriguez and former pitcher Hisashi Iwakuma reportedly have or had difficulties speaking English.  Asked to tell attendees about Rodriguez, Mather began with, “Julio Rodríguez has got a personality bigger than all of you combined. He is loud, his English is not tremendous.” Rodriguez has already responded to Mather’s comments with a pair of pointed tweets.

In response to a separate question, Mather went on a tangent about Iwakuma, saying:

“For instance, we just re-hired Iwakuma, he was a pitcher with us for a number of years. Wonderful human being, his English was terrible. He wanted to get back into the game, he came to us, we quite frankly want him as our Asian scout, interpreter, what’s going on with the Japanese league. He’s coming to spring training. And I’m going to say, I’m tired of paying his interpreter. When he was a player, we’d pay Iwakuma X, but we’d also have to pay $75,000 a year to have an interpreter with him. His English suddenly got better, his English got better when we told him that!”

While Mather also praised Rodriguez, Iwakuma, and other players during the speech, his overall breakdown of Seattle’s roster carried more than a few awkward moments.  For instance, Mather continually referred to catcher Luis Torrens as “Luis Torres,” and he described longtime third baseman Kyle Seager as “probably overpaid” while also citing Seager’s clubhouse leadership.

It’s quite possible league officials may also have a few words with Mather considering how he discussed such topics as prospect service time, noting that the Mariners didn’t intend to promote any of the top prospects working out at their alternate training camp last summer.

“There was no chance you were going to see these young players at T-Mobile Park,” Mather said.  “We weren’t going to put them on the 40-man roster, we weren’t going to start the service time clock.  There were all kinds of reasons that, if we had an injury problem or COVID outbreak, you might’ve seen my big tummy out there in left field.  You would not have seen our prospects playing in T-Mobile Park.”

It isn’t any surprise that the Mariners or any other team are looking to gain as much extra team control as possible over their young players, with this tactic most often manifesting itself in a prospect’s debut being delayed just long enough so the club can gain an extra year of control over the player, or delay their chances of reaching Super Two eligibility (and another year of arbitration).  Front office executives couch these decisions under a nebulous guise of saying that a prospect needs more seasoning in one aspect or another of his game, with the prospect suddenly being ready as soon as the service time threshold has been passed.  The MLBPA was already expected to pursue ways of addressing this loophole during the upcoming collective bargaining agreement negotiations, and Mather’s comments figure to be the union’s clearest evidence yet that teams are engaging in service-time machinations.

This coming spring, Mather implied that both star outfield prospect Jarred Kelenic and pitching prospect Logan Gilbert would have their debuts delayed.  “We would like [Kelenic] to get a few more at-bats in the minor leagues,” Mather said.  “Probably Triple-A Tacoma for a month, and then he will likely be in left field at T-Mobile Park for the next six or seven years.”  As for Gilbert, “you won’t see him on April 1st, but by mid-April” he will be on Seattle’s active roster.

Kelenic was offered a contract extension of six years in length, Mather said, plus multiple years of club options.  This has been the standard model for most teams when making long-term deals with players who have yet to debut in the big leagues, and the Mariners reached such a deal themselves with Evan White back in November 2019.

Mather didn’t seem to have any hard feelings about Kelenic’s decision to reject the offer, and he also gave credit to White for taking an extension, saying the first baseman “took a lot of heat for signing that deal, the union really pushed back and said, ’don’t do it.’ ”  Mather added that the Mariners will continue to offer similar extensions “to…three or four more players…over the next two years,” saying “we’re eager to sign these players up [and] we’re willing to take that risk.  Some we’ll win on, some we’ll lose on.”

Mather also made some candid comments about Seattle’s pursuit of free agent pitching, as his speech took place before the team signed James Paxton.  The CEO mentioned that the Mariners were in talks with both Paxton and Taijuan Walker, noting that Walker “thinks he’s going to get a three-year deal.  I don’t think he’s going to get a three-year deal.”  As it turned out, Walker essentially did get a three-year contract from the Mets in the form of a two-year pact with a player option for 2023 that will pay Walker at least $20MM in guaranteed money and potentially as much as $25.5MM.

Speaking of the free agent market in general, Mather said that Major League Baseball “lost $2.9 billion last year, and we have taken the position that there are 180 free agents still out there on February 5 unsigned, and sooner or later, these players are going to turn their hat over and come with hat in hand, looking for a contract.”

In terms of the season itself, Mather said he was “embarrassed” that Spring Training was beginning as scheduled, and that the league and players couldn’t come to an agreement on delaying both spring camp and the season itself by a month.  “There is a high level of distrust between the union and the management currently, and I’m very worried about what’s coming in the future,” Mather said.  The Mariners are hoping to have a “small” number of fans in attendance to begin the season and then gradually increase to nearer to full capacity by September, but Mather said that the situation will all depend on local health officials and the state of the pandemic.

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Newsstand Seattle Mariners Evan White James Paxton Jarred Kelenic Julio Rodriguez Kyle Seager Logan Gilbert Taijuan Walker

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Red Sox Claim Joel Payamps, Place Franchy Cordero On COVID Injured List

By Mark Polishuk | February 22, 2021 at 3:01pm CDT

The Red Sox have claimed right-hander Joel Payamps off waivers from the Blue Jays, according to Boston’s Twitter feed.  To create roster space, outfielder Franchy Cordero has been placed on the COVID-19 injured list, as the Boston Globe’s Peter Abraham reported earlier today.

Payamps returns to the Sox less than two weeks after Toronto acquired him in another waiver claim, after the Red Sox designated Payamps for assignment to make roster room for the newly-signed Garrett Richards.  The Sox themselves first landed Payamps on a waiver claim back in November when the right-hander was DFA’ed by the Diamondbacks.

A veteran of eight minor league seasons in the Rockies and Diamondbacks organizations, Payamps has received brief looks at the MLB level in each of the last two seasons, appearing in two games for Arizona in both 2019 and 2020 (with a 3.86 ERA over his seven career innings in the Show).   Over 665 2/3 innings in the minors, Payamps has a 4.15 ERA with a modest 20.34 strikeout rate, starting 119 of 145 games but seeing increasing work as a reliever in both the affiliated minors and in the Dominican Winter League.

Cordero was acquired from the Royals as part of the three-team trade with the Mets that saw Andrew Benintendi head from Boston to Kansas City.  Cordero has shown some glimpses of potential but has been plagued by injuries, appearing in only 95 Major League games over his four seasons as a big leaguer.  It isn’t known if Cordero’s placement on the COVID list is because of his own positive test for the virus, or if he was placed on the list as a precautionary measure due to possible exposure.

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Boston Red Sox Toronto Blue Jays Transactions Franchy Cordero Joel Payamps

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Yankees Shut Down Clarke Schmidt For 3-4 Weeks

By Mark Polishuk | February 22, 2021 at 2:23pm CDT

Yankees pitching prospect Clarke Schmidt has been shut down due to a common extensor strain in his right elbow, manager Aaron Boone told The Athletic’s Lindsey Adler (Twitter links) and other reporters.   This appears to be the only issue with Schmidt’s elbow, as an MRI didn’t reveal any ligament damage.

Boone said Schmidt will be kept out of action for three to four weeks, thus putting Schmidt out of consideration for the Opening Day roster as he’ll need more time to get ramped up.  The Yankees will surely be as careful as possible with Schmidt, one of their top prospects and a young arm who was seen as a potential contributor to the pitching staff as early as this season.  The Athletic’s Keith Law ranks the right-hander as the 48th-best prospect in the sport, and Schmidt also features in top-100 prospect rankings from Baseball America (64th), Fangraphs (75th), MLB Pipeline (83rd) and Baseball Prospectus (96th)

Schmidt (who just turned 25 two days ago) made his MLB debut in 2020, posting a 7.11 ERA with seven strikeouts and five walks over 6 1/3 innings of work.  Selected 16th overall in the 2017 draft, Schmidt pitched well over 114 minor league innings and was expected to make his Triple-A debut in 2020 before the minor league season was canceled, though the Yankees thought enough of his work at their alternate training site to give him a cup of coffee in the Show.

Given his lack of Triple-A experience, Schmidt was probably likely to begin the season in the minors anyway, given how New York has their provisional starting five (Gerrit Cole, Corey Kluber, Jameson Taillon, Jordan Montgomery, Domingo German) already in place.  Given the number of injury concerns for those pitchers, however, plus the general need for teams to have as much pitching depth as possible as everyone rebuilds their innings limits after 2020, it certainly isn’t good news that the Yankees are already down a starting option for at least the first few weeks of the 2021 campaign.

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New York Yankees Clarke Schmidt

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Braves Claim Phillip Ervin Off Waivers From Cubs

By Mark Polishuk | February 22, 2021 at 1:51pm CDT

The Braves announced that outfielder Phillip Ervin has been claimed off waivers from the Cubs.  Ervin was designated for assignment by Chicago yesterday.

Ervin joins his fourth organization in less than six months, after being designated for assignment by the Reds in August and then picked up on successive waiver claims by the Mariners and Cubs.  Ervin had previously spent his entire career with Cincinnati after the Reds selected him with the 27th overall pick of the 2013 draft.

The 28-year-old hit .262/.326/.438 over 571 plate appearances from 2017-19, with most of the damage coming against left-handed pitching.  Ervin’s production badly fell off last season, as hit hit only .149/.292/.189 over 89 PA with the Reds and Mariners.  This led Seattle to expose him to the DFA wire to create roster space for Keynan Middleton, and after Chicago made a claim, the Cubs DFA’ed Ervin themselves when Jake Marisnick was signed.

Ronald Acuna Jr. and Marcell Ozuna will play every day in the Atlanta outfield, with Acuna’s ability to play either center or right field opening the door for a number of possibilities for the third slot.  Highly-touted youngster Cristian Pache might have the first crack at the center field job, while Ervin joins Ender Inciarte as a backup option who can play all three outfield positions.  Abraham Almonte and utilityman Johan Camargo are also in the mix for outfield at-bats.  Ervin is out of minor league options, so he may be facing another trip to DFA waivers if he doesn’t land a job on the Braves’ active roster.

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Atlanta Braves Chicago Cubs Transactions Phil Ervin

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