MLB, Turner Sports Reach Reported $3.7 Billion Media Rights Extension
Major League Baseball and Turner Sports announced Thursday morning a seven-year media rights extension that will run through the 2028 season. John Ourand and Eric Prisbell of Sports Business Journal report that the agreement will see Turner Sports pay roughly $535MM annually in the new agreement — a 65 percent increase over their previous deal’s $325MM annual sum. That would bring the total value of the extension to $3.7 billion for Major League Baseball.
It’s the latest wildly lucrative media rights deal for MLB. Less than two years ago, MLB and FOX Sports announced a media rights extension covering the same 2022-28 span that was worth a reported $5.1 billion and a three-year, $300MM streaming deal with DAZN. FOX retained the rights to the World Series under the parameters of that deal.
MLB’s newest windfall comes at a time that owners throughout the league have been hit by revenue losses which spawned outlandish comments on baseball’s lack of profits. Cardinals chairman Bill DeWitt Jr. said earlier this summer that the baseball industry “isn’t very profitable, to be quite honest.” It was a borderline farcical comment that prompted many to point out that DeWitt purchased the Cardinals, currently valued at an estimated $2.2 billion, for a reported $150MM a quarter century ago. However, other owners have voiced similarly brazen claims.
Cubs owner Tom Ricketts, for instance, lamented “biblical” 2020 losses while telling ESPN’s Jesse Rogers: “[Owners] raise all the revenue they can from tickets and media rights, and they take out their expenses, and they give all the money left to their GM to spend. The league itself does not make a lot of cash.”
Comments along those lines, juxtaposed with multi-billion dollar agreements such as today’s Turner deal and 2018’s FOX extension, only serve to stoke the flames in the ever-growing tension between the MLBPA and MLB’s owners. That tension proved overwhelmingly detrimental earlier this year as the two sides spent months in a quarrel over the economic components of return-to-play proposals — a contentious back-and-forth that did not reflect well on either party.
The distrust between the two sides figures to continue in a unique offseason that many expect to be frustrating for free agents as teams look to recoup lost revenue. And, all of this comes with just over one year remaining on the current collective bargaining agreement between MLB and the MLBPA, which expires in December 2021.
Turning to the details of today’s agreement, TBS will continue airing one Wild Card game, two Division Series rounds and one League Championship Series each year. The agreement also introduces a new, season-long Tuesday Night Baseball package beginning in 2022 that will be hosted by Ernie Johnson and feature analysis from Pedro Martinez, Jimmy Rollins and Curtis Granderson. There’s also a digital component of the agreement, as one would expect, allowing Turner to grant streaming access via various platforms.
“We’re delighted to extend our long-standing relationship with Major League Baseball and all of the opportunities this agreement offers us as we broaden our coverage of the game across all of our platforms,” said WarnerMedia chairman of news and sports Jeff Zucker.
“This agreement positions both organizations for mutual growth by continuing Postseason coverage on TBS, delivering a new Tuesday night Baseball franchise, and expanding baseball’s presence on Turner Sports’ digital platforms,” Major League Baseball commissioner Rob Manfred added in his own statement.
It’s notable, too, that today’s agreement — like the 2018 FOX deal — is centered around the preexisting 10-team playoff format featuring sudden-death Wild Card games. Commissioner Manfred, meanwhile, has already voiced his hope that this year’s expanded playoff format will stick in the long term. Doing so would seem to create additional opportunity for MLB to sell rights to some of the newly created postseason rounds — be it to Turner Sports, FOX or another major outlet.
Various reports have pegged this year’s expanded postseason format as generating between $200-300MM in additional television revenue for the league. The players need to sign off on permanent postseason expansion, however, which is sure to be a key talking point in the aforementioned wave of collective bargaining talks that looms on the horizon.
Steve Cohen Plans To Name Sandy Alderson Mets President
Earlier this week it was reported that Steve Cohen would likely bring former GM Sandy Alderson back to the Mets if approved by 23 of the league’s owners. At the time an advisory role was suggested, but MLB Network’s Jon Heyman reports that Cohen will instead name Alderson the team president, placing him in charge of both business and baseball operations (Twitter link). Cohen has confirmed the report, issuing a statement to several reporters (link via Joel Sherman of the New York Post).
If I am fortunate enough to be approved by Major League Baseball as the next owner of this iconic franchise, Sandy Alderson will become president of the New York Mets and will oversee all Mets baseball and business operations. Sandy is an accomplished and respected baseball executive who shares my philosophy of building an organization and a team the right way. I am excited to have Sandy in a key leadership role with the Mets if my purchase of the team is approved. Lets’ Go Mets!
The 72-year-old Alderson was the Mets’ general manager from 2010-18 before stepping away following a cancer recurrence that pulled him away for health reasons. There’d already been speculation about his job security leading up to that point, however, and Alderson himself acknowledged upon departing that he wasn’t sure his return as GM would even be merited based on the team’s recent results. The Mets eventually went outside the box to hire high-profile CAA agent Brodie Van Wagenen to head up baseball operations, and Alderson took a role as a senior advisor with the Athletics in January 2019.
Today’s announcement would represent a major front office shakeup and quite possibly result in the departure of Van Wagenen. Cohen’s statement doesn’t mention Van Wagenen, and while it’s possible that he could hold onto his GM post but still report to Alderson, that type of transition would be awkward, to say the least. SNY’s Andy Martino pointed out earlier this week that Alderson and Van Wagenen do have a positive relationship from the latter’s days as an agent with CAA and that Van Wagenen made sure to thank Alderson for all the work he did prior to stepping down.
Elsewhere throughout the league, prior situations of a president being installed above a sitting GM have resulted in the prior GM opting to depart. That was the case when Mark Shapiro was named Blue Jays president while Alex Anthopoulos was GM, and Ben Cherington stepped down in Boston after the Red Sox named Dave Dombrowski president. Adding to the awkwardness in this instance would be the fact that the incoming team president would be the man that Van Wagenen effectively replaced.
Beyond the front office dynamic, both Sherman and Martino observe that hitching his ownership candidacy to Alderson could help Cohen to ensure approval from the league’s other owners. Alderson is as respected an executive as there is throughout the industry, whereas Cohen comes to the MLB ownership table with a history of insider trading penalties and gender discrimination lawsuits at his hedge funds. Any peers who have trepidation about Cohen’s still-pending ownership approval could see those concerns eased to an extent knowing that Alderson will play a prominent role in the organization.
The widespread expectation is that payroll will increase substantially under Cohen. That would make for some layered intrigue in the offseason. Not only are teams throughout the league expected to scale back their spending on free agents given the sweeping revenue losses that have hit the sport during the Covid-19 pandemic, but Alderson has never exactly been at the head of a baseball ops department that allows him to spend in the top tier of teams throughout the league. His days as GM in Oakland were obviously dictated by spending limitations, and even the outgoing Wilpon ownership group in New York never spent to levels commensurate with their market size.
Specifics of the arrangement are still yet to fully unfold. Just as it’s possible that Alderson could retain Van Wagenen in his current role — or a different post within the organization — it’s also possible that he could hire a younger general manager to work underneath him and carry significant sway in baseball operations. What the return of Alderson would mean for the field staff, including rookie skipper Luis Rojas, is also unclear at this point. And, of course, Cohen has yet to be formally approved by the league’s other owners. It’s expected that he will indeed garner the requisite votes, but until that vote is held late nothing can be considered final. The exact timing of a vote remains murky, but it’s expected to occur by early November.
Rhys Hoskins Unlikely To Return Before End Of Regular Season
The Phillies are fighting for their playoff lives, but they’ll have to do so without one of their best hitters, as manager Joe Girardi said Wednesday that first baseman Rhys Hoskins is a long shot to return before the regular season draws to a close (Twitter link via Todd Zolecki of MLB.com). Hoskins, out with a UCL injury in his non-throwing arm, took some dry swings today but isn’t yet ready to face live pitching.
It’s been a rough go of it on the injury front for the Phillies. Star catcher J.T. Realmuto was recently sidelined for more than a week due to hip trouble, and Bryce Harper has dealt with back discomfort in recent weeks. Both Harper and Realmuto are in tonight’s lineup and playing at less than 100 percent, per Girardi, which will likely be the case through season’s end. Harper is serving as the DH. Realmuto is at first base.
Hoskins, 27, has bounced back from a last year’s down season (by his standards). Through 185 plate appearances in 2020, he’s batted .245/.384/.503 with 10 homers, nine doubles and a hefty 15.7 percent walk rate. His output at the plate has been 39 percent better than that of a league-average hitter by measure of wRC+.
The Phillies aren’t dead in the water yet, but a four-game losing streak — capped by another bullpen meltdown and a walk-off loss against the Nats last night — hasn’t helped their chances. But at 27-29, the Phils are only a game back in the loss column to the three teams ahead of them in playoff standings (Cincinnati, Milwaukee and San Francisco. FanGraphs still gives them a one in three chance of making the postseason, but they’ll need to right the ship in a hurry — and likely see some of those previously mentioned competitors stumble — to secure their spot.
Twins Notes: Arraez, Wisler, Bailey
The Twins will be without second baseman Luis Arraez a bit longer than hoped after he sprained his left ankle while playing in an intrasquad game at their alternate training site, writes La Velle E. Neal III of the Minneapolis Star-Tribune. Arraez, on the IL due to tendinitis in his left knee, was eligible to return this week but will now be “reassessed” in the coming days, per skipper Rocco Baldelli, who termed the sprain as “mild.” The 23-year-old Arraez hasn’t come close to last year’s quietly excellent .334/.399/.439 output at the plate, but his .288/.336/.337 slash through 113 plate appearances this year remains respectable. He’s also still one of the hardest people in MLB to strike out, having fanned in just 9.7 percent of his plate appearances. Overall, Arraez is a .323/.384/.414 hitter with more walks (44) than strikeouts (40) through his first 479 MLB plate appearances. Veteran utilityman Marwin Gonzalez will likely continue to man second base in Arraez’s absence.
More out of the Twin Cities…
- The Athletic’s Dan Hayes profiles breakout Twins reliever Matt Wisler, whom the organization claimed off waivers from the Mariners early last offseason. Hayes notes that the Twins had Wisler atop their wishlist of potential minor league free agents but were happy to be able to claim him instead when he hit waivers. Pitching coach Wes Johnson tells Hayes he was “ecstatic” when the Twins, who were near the bottom of the waiver pecking order, were awarded the claim. Johnson attributed the Wisler interest to Minnesota’s “phenomenal” team of developers, who helped to identify him as a breakout candidate. “We get a lot of information,” said Johnson. “…What you see is you see Matt Wisler has tremendous vertical depth up and down and he has late movement on that.” Wisler has thrown his slider at an outrageous 86 percent clip en route to a 1.11 ERA and a 34-to-14 K/BB ratio through 24 1/3 frames with Minnesota. Hayes also chatted with Twins president of baseball operations Derek Falvey and Wisler himself about the right-hander’s turnaround.
- The Twins have yet to determine whether right-hander Homer Bailey will be on their postseason roster, but the veteran helped his case in last night’s return from the injured list. The 34-year-old, who’d made just one start in 2020 thanks to a lengthy bout of biceps tendinitis, returned with three innings of one-run ball, allowing two hits and a walk with a hit batter and three strikeouts. Via MLB.com’s Do-Hyoung Park, Baldelli offered praise for Bailey but wouldn’t commit to the composition of the team’s playoff roster just yet. “We’re going to need — especially in this year’s playoff situation — a number of guys, especially as we move forward in the playoffs and you have the possibility of playing in these five or seven-game series with no days off,” said Baldelli. Kenta Maeda, Jose Berrios, Michael Pineda and Rich Hill seem likely to get starting nods as needed, but both Bailey and a hopefully healthy Jake Odorizzi will provide alternative options or at the very least some long relief potential.
Multiple Reports Link Angels To Dave Dombrowski
Angels general manager Billy Eppler is in the final season of his contract, and with the Angels assured of a fifth straight losing season, multiple reports have linked the team to veteran executive Dave Dombrowski as a potential replacement. The Athletic’s Ken Rosenthal calls the Halos the “most likely” team to make a switch at GM, adding that Dombrowski is the most frequently mentioned replacement option. Bill Shaikin of the L.A. Times writes that the “widely held belief” is that the Angels are in for yet another front-office regime change and that the “industry consensus” is that owner Arte Moreno will pursue Dombrowski.
It’s been five years since Eppler took over for Jerry Dipoto, who resigned from his post in the wake of a highly publicized rift with then-manager Mike Scioscia. Los Angeles has yet to return to the postseason or even put together a winning record in that time. Instead of postseason wins built around the game’s best player, Mike Trout, much of the focus has been on the Angels’ perennial struggles to keep an underachieving pitching staff healthy enough to take the mound.
Since Eppler took the helm, the Angels rank 23rd among MLB teams in rotation ERA (4.74), 27th in FIP (4.84) and 29th in overall innings pitched. Angels starters have tallied just 3490 1/3 innings over those five seasons — a mark trailed only by a Rays club that has used openers more aggressively than any team in the Majors. The trade to acquire Dylan Bundy looks superlative at the moment, but most of the other attempts to patch the rotation have fizzled. Free agents Julio Teheran, Matt Harvey, Trevor Cahill, Doug Fister and Tim Lincecum didn’t bear fruit. Landing Shohei Ohtani was a clear feather in Eppler’s cap, but Ohtani has been far more impactful at the plate than on the mound thanks to numerous injuries.
From acquiring Andrelton Simmons in his first winter on the job to Bundy this past offseason, Eppler has made his share of strong moves while controlling the Halos’ baseball ops outfit. However, the team is still in need of upgrades both in the rotation and bullpen. The salaries of Trout, Albert Pujols, Anthony Rendon and Justin Upton weigh down next year’s payroll already, though the Pujols deal will finally be off the books post-2021. Supplementing the many holes on the roster could prove difficult with $118MM already on the books and a sizable arbitration class. Whether Eppler will make those additions seems cloudy at best.
Hiring Dombrowski or any other experienced front office exec would be something of a departure from the norm, Shaikin points out. The Angels’ past three GMs have all been rookies — Eppler, Dipoto and Tony Reagins — and each had something less than 100 percent autonomy over baseball operations decisions. It is well documented that Moreno spearheaded the team’s acquisitions of Pujols, Josh Hamilton and Vernon Wells, and Shaikin adds that it was Moreno who made the decision to dump Brad Ausmus (Eppler’s chosen skipper) after just one season in order to pursue Joe Maddon.
Dombrowski, of course, knows plenty about putting together win-now rosters with an “at all costs” mentality, as evidenced by a lengthy run of contending Tigers clubs and his quick World Series win with the Red Sox. In both instances, Dombrowski had an owner who was willing to spend money and sacrifice young talent for short-term gains on the trade market. That seems likely to be the position in which the Angels find themselves this winter, as pressure to win will build considerably following a six-year playoff drought.
MLBTR Chat Transcript
Click here to read a transcript of this week’s chat with MLBTR’s Steve Adams.
Twins Activate Homer Bailey From 45-Day IL
The Twins have reinstated right-hander Homer Bailey from the 45-day injured list and optioned righty Sean Poppen to their alternate training site, per a team announcement. He’ll start tonight’s game. Minnesota’s recent outright of Zack Littell gave them a 40-man opening to accommodate Bailey’s return. They still have another 40-man spot to work with if they choose, as the Twins could move Brent Rooker, who recently fractured his forearm, to the 45-day IL as well.
Bailey, 34, signed a one-year, $7MM deal with the Twins on the heels of a bounceback 2019 effort split between the Royals and Athletics. The longtime Reds righty was limited to 231 2/3 innings of 6.25 ERA ball in his final four years in Cincinnati but turned in 163 1/3 innings between Kansas City and Oakland last year. Bailey logged a combined 4.57 ERA but a more impressive 4.11 FIP, averaging 8.2 K/9 and 2.9 BB/9 along the way. His 10.8 percent swinging-strike rate was the second-best of his career.
This season, however, Bailey has made just one start for the Twins. It was a solid effort, as he held the Cardinals to a pair of runs on four hits and two walks with four strikeouts though five innings. But Bailey felt some discomfort in his right arm shortly thereafter, and he landed on the injured list with biceps tendinitis that has sidelined him since
The 2020 campaign will go down as a largely lost season for the veteran righty, but he’ll have the opportunity to make at least one start in the season’s final week — perhaps two — and could yet factor into the postseason pitching staff in some manner. It won’t be a great platform him as he ventures back out into free agency, but getting back to the mound and performing reasonably well would give him a bit of a boost on the open market this winter.
Wei-Yin Chen Signs With NPB’s Chiba Lotte Marines
It’s been nearly a year since veteran left-hander Wei-Yin Chen pitched in a professional game, but the former Orioles and Marlins hurler will be returning to the mound with the Chiba Lotte Marines of Japan’s Nippon Professional Baseball. The Marines announced that they’ve signed the 35-year-old southpaw for the remainder of the 2020 season (hat tip to NPB Tracker’s Patrick Newman, on Twitter). He’s currently going through a two-week quarantine before joining the Marines, per Focus Taiwan. He’ll be formally introduced at an Oct. 5 press conference.
Chen had hoped to return to the big leagues in 2020, signing a minor league deal with the Mariners after being released by the Marlins following the 2019 season. Seattle cut him loose in June, however, prior to the return-to-play agreement between MLB and the MLBPA. The Taiwanese lefty wasn’t able to latch on with another MLB organization, so he’ll instead return to NPB, where he starred for the Chunichi Dragons for five seasons prior to his original MLB deal with the Orioles. In five seasons with the Dragons, Chen logged a 2.59 ERA with 7.2 K/9, 2.2 BB/9 and 0.7 HR/9, totaling 650 2/3 frames along the way.
That strong showing caught the eye of then-Baltimore GM Dan Duquette and his staff, who inked Chen to a three-year deal worth a bit less than $12MM (plus a club option for a fourth year). That investment paid off in spades, as Chen emerged as a fixture in the O’s rotation over the subsequent four years. From 2012-15, Chen turned in 706 2/3 innings of 3.72 ERA ball with a 4.14 FIP. His 7.0 K/9 and 2.2 BB/9 marks were near-mirror images of his strikeout and walk rates in NPB. Chen averaged 29 starts and 177 innings per season in his four-year run with the Orioles, adding three postseason starts along the way (two very good ones and one rather poor outing against the Tigers).
Weighted metrics like ERA+ and ERA- painted Chen about 10 percent better than the league average in that time, given his tough home park, and he parlayed that quality run into a hefty five-year, $80MM deal with the Marlins. Miami lived to regret the deal, as the highly durable Chen was sidelined by an elbow sprain by mid-July in the first year of the contract (2016). He was limited to 33 innings in 2017 as he battled a UCL injury that ultimately did not require surgery. Chen returned to the Miami rotation in 2018 but struggled to a 4.79 ERA through 26 starts. He spent the 2019 campaign in the team’s bullpen but posted a 6.59 ERA, which led to an offseason DFA and his eventual release.
That release proved to be a blessing in disguise for Chen and a financial nightmare for the Marlins. Because he was cut loose in November — well before there was any talk of a shortened season — Chen is owed the entirety of his $22MM salary in 2020 rather than the prorated portion of that sum. His new deal with the Marines will tack about $290K onto that sum, per Nikkan Sports.
It’s always possible that Chen could make his way back to the Major Leagues if he’s able to revitalize his career in Japan, although given that he’s now 35 and a half decade removed from MLB success, that seems like a long shot. If Chen’s time as a Major Leaguer is through, he’ll wrap things up with a 59-51 record, a 4.18 ERA, 7.2 K/9 and 2.3 BB/9 over the life of 1064 2/3 innings in the bigs.
Chen certainly didn’t justify the Marlins’ weighty investment in his left arm, but he was also an overwhelming bargain for the Orioles, who paid him just shy of $15.5MM in his four years there. It wasn’t a strong finish for Chen, but his overall body of work in the big leagues was quite solid — particularly given that half of it was spent in the AL East and pitching his home games at Camden Yards.
Orioles Outright Cody Carroll
The Orioles announced Monday that right-hander Cody Carroll has cleared waivers and been outrighted off the 40-man roster. He’s still with the club at its alternate training site.
Carroll, 27, was acquired from the Yankees alongside Dillon Tate and Josh Rogers in 2018’s Zack Britton trade. He made a brief debut with the O’s that same season but was tagged for 17 runs in 17 innings of work. Carroll’s 2020 results were even more alarming, as he pitched just two innings with the O’s but was hammered for a dozen runs on nine hits and five walks with three strikeouts. Overall, he’s sitting on a 13.74 career ERA.
Though he’s never been considered a premium prospect, struggles of this magnitude are still surprising for Carroll, given his strong minor league track record. Carroll hasn’t simply held his own in the minors but has pitched quite well. In parts of five minor league campaigns, he’s worked to a 2.71 ERA with 10.4 K/9, 4.1 BB/9, 0.31 HR/9 and a 47.3 percent ground-ball rate. He’s given up nearly as many home runs (six) in 19 Major League innings as he has in 232 2/3 minor league frames (eight).
Carroll underwent back surgery in 2018 — a procedure that kept him out for nearly all of the 2019 season. He pitched just one inning in Rookie ball last year but did toss 8 2/3 innings in the Arizona Fall League, yielding only a pair of runs on seven hits and seven walks with 11 punchouts. The lack of a minor league season surely didn’t do Carroll any favors in returning to MLB readiness, and he’ll now look for an opportunity in the future to pitch his way back onto the 40-man roster.
Baltimore’s 40-man roster is down to 37 players, and the club has 59 players in its 60-player pool.
Pirates Claim Carson Fulmer From Orioles
The Pirates announced Monday that for the second time this season, they’ve claimed right-hander Carson Fulmer off waivers. Pittsburgh claimed Fulmer off waivers from the Tigers in late August but lost him to the Orioles in early September before he ever pitched a game in Pittsburgh. Baltimore apparently tried to pass Fulmer through waivers themselves in order to retain him without committing a 40-man roster spot to him, but the Bucs put in a claim to bring him back.
Fulmer, 26, hasn’t lived up to the billing since being selected by the White Sox with the No. 8 overall pick back in 2015. At various points, the former Vanderbilt star was even considered a potential No. 1 overall pick, but he’s struggled in the upper minors with the ChiSox and been hit hard at virtually every point in his up-and-down Major League career.
To this point, Fulmer owns a woeful 6.34 ERA with 8.1 K/9 and 5.9 BB/9 in 105 Major League innings. But there’s plenty of pedigree here, and he still possesses high-end spin rates on his heater and curveball. His time in the Orioles organization was brief but also encouraging, as Fulmer tossed 3 2/3 scoreless innings with four strikeouts and without a hit. He did walk two batters and plunk another one, however, so his longstanding control issues are still making themselves plainly evident.
Fulmer is out of minor league options, so the Pirates will have to carry him on the Opening Day roster next year or else attempt yet again to pass him through waivers in order to keep him around. He hasn’t even come close to going unclaimed at this point, so that might be unlikely. The Tigers had the top waiver priority when they claimed him from the White Sox on Opening Day, and the Pirates had the top claim priority when they plucked him from Detroit the first time around. Ten teams passed before the Orioles won their claim on him earlier this month, and the Pirates again claimed him with top priority this time around.