MLB Pre-Approves 7 Bidding Groups For Mets
While it’s fun to imagine Alex Rodriguez and Jenifer Lopez overseeing the Mets from an ownership suite, they’re not alone in their bidding group … and there are plenty of other competing outfits eyeing the New York organization. At the moment, it’s far from clear just how the ownership transition will turn out.
Seven different groups have received pre-approval from Major League Baseball to pursue the Mets, Scott Soshnick reports at Sportico.com. That includes the three primary bidding groups that have already emerged publicly. The identity of the four other potential suitors remains unknown.
In recent years, we’ve seen teams change hands via differing mechanisms. Last year, John Sherman purchased his hometown Royals in a very quiet, tidy process. The 2017 Marlins sale occurred after a very public, long-running bidding process involving quite a few famous names.
It appears we’re headed for the latter scenario here. While the Mets had seemingly lined up an agreement with minority owner Steve Cohen, that prospective deal collapsed and left the Wilpon ownership group in need of outside bidders.
Under the circumstances, the Wilpons are surely interested in maintaining the interest of a fair number of reasonably serious bidders, at least for the initial phase of the process. First-round bids will be solicited in July, according to Soshnick.
Orioles Sign Heston Kjerstad
The Orioles have signed second overall draft pick Heston Kjerstad, per a team announcement. The University of Arkansas product will receive a $5.2MM bonus, per MLB.com’s Jim Callis (Twitter link).
Kjerstad was expected to go near the top of the draft, but not with the second selection. The O’s obviously liked him quite a bit, but also saw an opportunity to save some bonus pool capacity to draft and sign other talented players in later rounds. The club was able to reapply over $2.5MM of the second overall slot value.
As things stand, the Orioles are known to have deals in place with five of their six selections. Jordan Westburg (30th overall) and Hudson Haskin (39th) secured at-slot bonuses. High schoolers Coby Mayo and Carter Baumler were lured with over-slot promises, though their deals aren’t yet official. That leaves Ole Miss infielder Anthony Servideo, the team’s third-round choice, left without a pact (so far as is publicly known).
Perhaps it’s easy to get caught up in the machinations and overlook Kjerstad’s own promise. While teams obviously see the appeal in spreading draft bonus pool availability over multiple players, they also aren’t generally inclined to spend premium draft choices on sub-premium talent.
All major draft pundits graded Kjerstad as one of the dozen or so top-available talents. Eric Longenhagen of Fangraphs had the highest ranking, listing him in the seventh slot.
Most agree on the profile here. Kjerstad is seen as a solid right fielder with big potential at the plate. He was drubbing high-end college pitching (.448/.513/.791) when the 2020 season was suspended. There are some concerns over his complicated swing and proclivity to strike out, but obviously the consensus is that Kjerstad will grow into a quality offensive performer at the game’s highest level.
Manny & Hoz Account For Bulk Of Padres’ Long-Term Contract Commitments
2020 salary terms may finally be sorted out. But what about what’s owed to players beyond that point? The near-term economic picture remains questionable at best. That’ll make teams all the more cautious with guaranteed future salaries.
Every organization has some amount of future cash committed to players, all of it done before the coronavirus pandemic swept the globe. There are several different ways to look at salaries; for instance, for purposes of calculating the luxury tax, the average annual value is the touchstone, with up-front bonuses spread over the life of the deal. For this exercise, we’ll focus on actual cash outlays that still have yet to be paid.
We have now run through every team, with a big assist from the Cot’s Baseball Contracts database. Prior entries can be found here. The final team is the Padres:
*Manny Machado may opt out after 2023
*Eric Hosmer may opt out after 2022
*Includes buyouts on club options over Wil Myers, Craig Stammen, and Pierce Johnson
*Includes estimated distribution of signing bonus in Drew Pomeranz contract
(click to expand/view detail list)
Phillies GM Matt Klentak On Potential J.T. Realmuto Extension
The Phillies and pending free-agent catcher J.T. Realmuto discussed a contract extension before Major League Baseball put a freeze on transactions in March because of the COVID-19 shutdown. That freeze lifted last week, but the Phillies and Realmuto have not restarted talks, as Scott Lauber of the Philadelphia Inquirer relays.
Addressing Realmuto’s status Monday, general manager Matt Klentak said: “Candidly, we’ve been kind of nose to the ground — intake screenings and getting people here — so I haven’t touched base with [Realmuto’s camp]. As fas as a timeline, I just don’t know. I need to talk to them.”
Realmuto expressed optimism about a potential extension just a month and a half ago, but the game’s financial situation has certainly worsened since then. Therefore, it’s highly questionably whether any soon-to-be free agent – even a star like Realmuto, who’s regarded as the sport’s foremost backstop – will do as well on his next contract as he would have before the pandemic.
Klentak, for his part, acknowledged that the game has changed from a monetary standpoint in the past few months, saying “The landscape that we left in March is different from the one we return to now.” And while the Phillies would “still love to have [Realmuto] in red pinstripes for the long haul,” according to Klentak, he added that “there’s a lot of uncertainty in the game right now on a variety of levels. We just need to play that out.”
Before extension talks came to a halt, Realmuto’s agent, Jeff Berry of CAA Sports, may have been seeking a contract in the five-year, $130MM range for his client, Lauber reports. That payday – one that would average $26MM per year – would make Realmuto the highest-paid catcher in baseball history on an annual basis, surpassing the $23MM the now-retired Joe Mauer collected from the Twins on the mega-deal he inked in 2010 (Mauer, though, was on a much longer and more expensive contract worth $184MM over eight seasons). Whether that was a realistic asking price in the first place is debatable, but considering the sport’s less favorable financial circumstances – not to mention that Realmuto will turn 30 before the 2021 campaign begins – it will likely be even more difficult to obtain in the coming months.
Giants Outright Enderson Franco
The Giants placed right-hander Tyler Beede on the 45-day injured list and outrighted fellow righty Enderson Franco to Triple-A Sacramento on Monday, per Alex Pavlovic of NBC Sports Bay Area.
[RELATED: Giants Announce Initial Player Pool]
The IR placement for Beede was a procedural move, as he won’t play this season after he underwent Tommy John surgery back in March. Beede won’t make his return until next spring or summer as a result of the operation. The 26-year-old, once a high-end prospect, was vying for a spot in San Francisco’s rotation before his injury and the coronavirus shutdown.
Franco, formerly a minor leaguer with the Astros, Rays, Marlins and Braves, signed with the Giants as a free agent prior to the 2019 campaign and went on to throw 113 innings of 5.97 ERA/5.91 FIP ball with Sacramento. The 27-year-old was more successful during his major league debut, albeit over a mere 5 1/3 frames, as he gave up two earned runs on four hits and one walk (four strikeouts) in San Francisco.
Jung Ho Kang Ends KBO Comeback Attempt
Former Pirates infielder Jung Ho Kang had been hoping to make a professional comeback in his native Korea, but he has ended that attempt, Jeehoo Yoo of Yonhap News reports. It’s unclear whether Kang will try to play again outside of the Korea Baseball Organization.
The Kiwoom Heroes hold the KBO rights over the 33-year-old Kang, who played for the club from 2010-14. Kang was successful enough in his homeland to earn a guaranteed contract from Pittsburgh, which signed him to a four-year, $11MM pact prior to the 2015 season. It looked like a wise investment for a little while, as Kang slashed a terrific .273/.355/.483 (129 wRC+) with 36 home runs and 5.8 fWAR in 837 plate appearances during his first two years in the majors. However, significant off-field problems – ones that have largely centered on issues with alcohol – have been an unfortunate part of the package.
Kang has picked up three DUI arrests, including one before the 2017 season that stopped him from securing a work visa to return from South Korea. He missed that year and almost all of 2018 as a result, and while Kang did return to the Pirates last season, he only hit .169/.222/.395 (55 wRC+) across 185 trips to the plate. Consequently, the Pirates decided to release him in August.
The likelihood is that Kang will never play in the majors again, and it no longer appears he’ll suit up in the KBO again. The league issued him a one-year suspension back in May, but that ban won’t take effect until Kang signs with one of its teams (if he does). Although the Heroes have his rights, he’s not actually a member of the team.
Pirates Outright Yacksel Rios
The Pirates outrighted hurler Yacksel Rios to Triple-A Indianapolis over the weekend, Adam Berry of MLB.com was among those to report. Rios has not been outrighted previously, and he doesn’t have the necessary service time to reject the assignment, so he’ll stay with the Pirates.
A 12th-round pick of the Phillies in 2011, the right-handed, hard-throwing Rios debuted with Philadelphia in 2017, though he has since had immense difficulty preventing runs at the major league level. After Rios posted a 6.38 ERA/5.64 FIP over 55 innings and parts of three seasons in its uniform, Philadelphia designated Rios for assignment last summer.
When the in-state rival Phillies booted the 27-year-old Rios from their roster, the Pirates took a flyer on him via the waiver wire. Rios went on to throw 10 1/3 frames across 10 appearances as a Pirate in 2019, but he yielded six earned runs on 10 hits (including two homers) and five walks, also totaling 10 strikeouts.
Ian Desmond Opts Out Of 2020 Season
Rockies outfielder Ian Desmond will opt out of playing in the 2020 MLB season. He provided a thoughtful explanation of his decisionmaking process in an announcement on Instagram.
Desmond explains that “the COVID-19 pandemic has made this baseball season one that is a risk I am not comfortable taking.” He says he’s compelled to stay home “with a pregnant wife and four young children who have lots of questions about what’s going on in the world.”
Fortunately for all of us that care about the future of the game, the widely respected Desmond says he intends to work with his local Little League (in Sarasota, Florida) while he’s not playing this year. He did not offer an indication of his future plans for returning to the diamond.
Desmond’s announcement is essential reading for all baseball fans. It’s a powerful call to action to deal with glaring inequity in the game, from its lowest to its loftiest levels.
Three other big leaguers preceded Desmond in announcing that they would not participate in the 2020 season. No doubt others will follow. It is not known whether Desmond had any personal medical issue that will allow him to opt out while still accruing salary and service time. If not, he will forego a pro-rated portion of his $15MM salary for the year. He remains under contract with the Rockies through 2021; the club also controls him in 2022 via club option.
MadBum And The Rest Of The D-Backs’ Future Payroll Promises
2020 salary terms may finally be sorted out. But what about what’s owed to players beyond that point? The near-term economic picture remains questionable at best. That’ll make teams all the more cautious with guaranteed future salaries.
Every organization has some amount of future cash committed to players, all of it done before the coronavirus pandemic swept the globe. There are several different ways to look at salaries; for instance, for purposes of calculating the luxury tax, the average annual value is the touchstone, with up-front bonuses spread over the life of the deal. For this exercise, we’ll focus on actual cash outlays that still have yet to be paid.
We’ll run through every team, with a big assist from the Cot’s Baseball Contracts database. Prior entries can be found here. Next up is the Diamondbacks:
*Reflects deferred salary in Madison Bumgarner contract
*Includes buyouts on club options over Ketel Marte, Starling Marte, Merrill Kelly, Stephen Vogt, Hector Rondon, and Junior Guerra
*Includes remaining signing bonus to be paid to Nick Ahmed
*Includes remaining salary obligation to Zack Greinke
*Does not include buyout of Mike Leake mutual option, which is owed by Mariners
(click to expand/view detail list)
Latest On Blue Jays’ Training Plans
Every MLB club faces a difficult task in launching and sustaining a 2020 season. But the Blue Jays face some unique challenges as the only affiliated organization located outside of the United States.
The Toronto organization announced today that it will gather its players and personnel at its facility in Dunedin, Florida. The club says it will “begin the intake screening and isolation process” there.
[RELATED: Blue Jays 60-Man Player Pool]
The Jays’ next step will depend upon the views of the relevant Canadian authorities. If approval is granted, the club says it’ll charter a flight to train in Toronto “under a modified quarantine, isolated from the general public.” Otherwise, it’ll keep its employees at the Dunedin facility and undertake Summer Training there.
It was just ten days ago that the Blue Jays halted activities at its spring complex as coronavirus cases hit the neighboring Phillies facility and soared in the state of Florida generally. There was indeed cause for concern, as several players and staff members ended up testing positive for COVID-19 infections.
That mini-outbreak served to highlight the need for strict measures if this campaign is to occur in a reasonably safe manner. That’s all the more true for the Jays. With cases within the organization already, and the situation in Florida only continuing to worsen, gathering in Dunedin will have to be done carefully.
No doubt the Blue Jays are aware of all that and planning accordingly. The team’s stated preference is to train and play in Toronto, which will mean convincing the Canadian federal, provincial, and local governments that it can be done without unreasonable risk. As Shi Davidi of Sportsnet.ca reported earlier today on Twitter, it seems as if that process is moving towards a favorable outcome for the Jays.