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Off-Season Spending at $865 Million PDF Print E-mail
MLB News
Written by The Staff   
Friday, 08 December 2006 03:08

MLBYou're not dreaming, the market is really this high...

USA Today is reporting that according to their polling of the clubs there has been spending of $865 million on 55 player contracts already this off-season.

As Hal Bodley of USA Today opines:

As the winter meetings at Disney World gasped to a close on Thursday, this year's race to sign free agents will leave 2000-01's record-breaker behind.

Only time will tell if these signings were wise, but at first blush I think a ton of money has been thrown at less-than-premier talent in this over-inflated market.

This could be 2000-01 all over again.

Chicago White Sox owner Jerry Reinsdorf is concerned with escalating salaries and believes the new labor deal might be part of the problem.

"I'm already lamenting it," Reinsdorf told Yahoo Sports, adding there remain concerns about small-market teams being able to afford free agents.

 
Orioles Move to Block DiamondVision Installation PDF Print E-mail
Facility News
Written by The Staff   
Friday, 08 December 2006 02:40

OriolesThe Baltimore Orioles are looking to file a temporary restraining order in Baltimore Circuit Court today to block the $1.5 million purchase of a DiamondVision that would be installed at Oriole Park at Camden Yards. The purchase and installation is being pursued by the Maryland Stadium Authority who owns Camden Yards.

The Orioles claim that the screen is too small and technologically inadequate. The sides had tried to reach a compromise this week, but failed to do so. The MSA claims that they need to move now or risk not having the display installed by Opening Day next year. A new display is needed to replace the outdated JumboTron.

As reported by the Baltimore Sun:

"We think this is in the best interests of the fans, the state and the Orioles," [authority chairman Robert McKinney] said. "We have to live up to our responsibility under the lease to provide a first-class video board for our fans."

Alan Rifkin, an attorney representing the Orioles, said the authority is rushing into a bad buy.

"It seems to be that the MSA is on a mission, for reasons that escape me, to fill a hole left by the JumboTron," he said. "It's pretty shortsighted."

McKinney defended the screen, noting that its picture resolution would be the best in baseball. The Mitsubishi screen would be similar to, though smaller than, the video display at Atlanta's Turner Field. It would feature a higher-resolution picture than the screens at M&T Bank Stadium, McKinney said. The screen would be equipped to receive a high-definition picture, he added.

Join a discussion on this topic in the Biz of Baseball forums

 
Bonds with Giants... for Far Less than He Wanted PDF Print E-mail
MLB News
Written by The Staff   
Thursday, 07 December 2006 17:39

Barry BondsBarry Bonds inked a one-year, $16 million deal with the Giants just a few hours after the Winter Meetings ended. With incentives, Bonds could pull in $20 million. The deal has not been officially announced.

Bonds had been looking for a deal in which he would make at least what he did last season, which was $18 million. What he really wanted was a two-year contract potentially worth in the neighborhood of $40 million.

Discuss the Bonds resigning here on the Biz of Baseball forums.

 
Players Ratify CBA PDF Print E-mail
MLB News
Written by Press Release   
Thursday, 07 December 2006 07:43

MLBPAOne of the final moves in the new labor agreement has been reached...

The Major League Baseball Players Association has ratified the new Basic Agreement recently negotiated with the Major League owners, announced Don Fehr, Executive Director.  The new Basic Agreement runs through the 2011 season. The Players Association concluded the ratification process during its annual Executive Board meeting this week.  

Fehr also announced the re-elections of Tony Clark and Mark Loretta as Association Player Representatives and Craig Counsell and Ray King as Alternate Association Player Representatives.  Mike Myers (re-elected) and Mark Teixeira were elected Pension Committee Representatives and Rich Aurilia (re-elected) and Chris Capuano were named Alternate Pension Committee Representatives.  Each serves for a two-year term.

The owners have already ratified the agreement doing so on Nov. 3rd via conference call.

As soon as a copy of the agreement is made available, The Biz of Baseball will be adding it to our documents archive. 

 
Pre-Order Baseball Prospectus 2007 PDF Print E-mail
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MLB News
Written by Maury Brown   
Thursday, 07 December 2006 07:26

In a case of cross promotion, I wanted to pass along that you can now pre-order Baseball Prospectus 2007 from Amazon.com. I will be contributing to it for the first time ever this year covering (you guessed it) the business of baseball. With a new publisher (Penguin Publishing) comes nice new cover art.

Pre-order: Baseball Prospectus 2007: The Essential Guide to the 2007 Baseball Season


BP 2007

Click for larger image 

 
Rule 5 Draft Results PDF Print E-mail
MLB News
Written by Press Release   
Thursday, 07 December 2006 02:44

A total of 46 players were selected in the 2006 Rule 5 Selection Meeting.  Nineteen players were chosen in the Major League portion of the Rule 5 Draft.

Ryan Goleski, a 24-year-old outfielder in the Cleveland Indians organization who split the 2006 season between Single-A Kinston (38 G, .331, 10 HR, 43 RBI) and Double-A Akron (87 G, .296, 17 HR, 63 RBI), was the first pick of this year’s Rule 5 Draft, taken by the Tampa Bay Devil Rays. 

EDITOR'S NOTE: Players chosen in the Major League portion of the Rule V Draft must remain in the Major Leagues for the entire 2007 season. If the ML team wishes to option a player back to the minors, the club must first offer him back to his original team for $25,000 (half of the $50,000 claiming fee). 

(Results in PDF format with stats

Discussion thread in the Biz of Baseball forums

The other selections were as follows: 

Major League Phase
Pick
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
Pos
RF
RHP
OF
RHP
RHP
C
LHP
RHP
RHP
C
RHP
SS
RHP
LHP
SS
1B
RHP
RHP
C
Player
Ryan Goleski
Joakim Soria
Josh Hamilton
Sean White
Alfredo Simon
Jesus Flores
Edward Campusano
Levi Burton
Lincoln Holdzkom
Adam Donachie
Nicholas Debarr
Jason Smith
Kevin Cameron
Jay Marshall
Alejandro Machado
Josh Phelps
Jimmy Speigner
Jim Ed Warden
Ryan Budde
By
TB
KC
CHI
PIT
BAL
WAS
MIL
CIN
HOU
PHI
BOS
TOR
SD
OAK
MIN
NYY
WAS
PHI
PHI
From
CLE
SD
TB
ATL
TEX
NYM
CHI
OAK
CHI
KC
TB
CHI
MIN
CWS
WAS
BAL
MIN
CLE
LAA

Triple-A Phase
Pick
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
Pos
OF
2B
RHP
RHP
LHP
1B
C
SS
SS
LHP
SS
C
OF
2B
RHP
RHP
LHP
RHP
RHP
SS
RHP
3B
OF
C
Player
Erold Andrus
Richie Lewis
James Henderson
Moises Robles
Justin Jones
Michael Carlin
Salomon Manriquez
Billy Webb
John Labandeira
Francisco Mateo
Johany Abreu
Omar Falcon
Victor Hall
Brandon Powell
Andrew Shipman
Jesse Floyd
Ricardo Morales
Cristhian Martinez
Kendy Batista
Jose Contreras
Joshua Alliston
Brian Buscher
Lorenzo Scott Jr.
Brian Munhall
By
TB
KC
CHI
PIT
WAS
MIL
COL
SF
FLA
CIN
TEX
STL
PHI
SD
OAK
MIN
NYM
FLA
TEX
STL
OAK
MIN
FLA
TEX
From
MIN
CHI
WAS
NYM
MIN
PIT
WAS
WAS
WAS
TOR
SF
PIT
NYY
WAS
CHI
SF
WAS
DET
BAL
WAS
MIL
SF
BAL
SF

Double-A Phase
Pick
1.
2.
3.
Pos
RHP
RHP
RHP
Player
Paul Moviel
Kevin Cave
Nicholas Moran
By
TB
PIT
CIN
From
CWS
FLA
TB

 
Winter Meeting Madness PDF Print E-mail
MLB News
Written by The Staff   
Wednesday, 06 December 2006 17:58

While there was a sense that one could keep up with the wheeling and dealings from the Winter Meetings on Monday and Tuesday, Wednesday was a blur. Instead of trying to post individually on each deal, here's a break down of what happened Weds. and early Thursday morning, starting with the latest news compiled from various sources... Discussion thread in the Biz of Baseball Forums

Luis Gonzalez to the Dodgers in a one-year deal worth $7 million for the 2007 season

The deal is expected to be officially announced Thursday, the final day of the Winter Meetings. The club has targeted Gonzalez, who spent the last eight seasons with Arizona, for outfield help since J.D. Drew’s departure and beat out the Orioles and Cardinals for the veteran’s services.

Freddy Garcia to the Phillies

Late news is RHP Freddy Garcia is headed to the Phillies in exchange for Gavin Floyd and Gio Gonzalez. Details to follow tomorrow.

Ted Lilly Signs with Cubs

Pending a physical, Ted Lilly will sign with the Cubs in a four-year deal. Financial terms were not available at this time.

Trade: Royals send Burgos to Mets for Bannister

The first trade of the Winter Meetings sent reliever Ambiorix Burgos from the Kansas City Royals to the Mets for starter Brian Bannister.

Mike Piazza Goes to A's in a one-year, $8.5 million as primarialy a DH

Mike Piazza signed a one-year,  $8.5-million deal with the Oakland A's marking the first time in Piazza's 15-year career that he will play in the AL. Piazza will be used as a DH and backup catcher behind starter Jason Kendall and backup Adam Melhuse. Piazza has a one-year option for 2008.

Embree Signs with A's to two-year, $5.5 million contract

Left-handed reliever Alan Embree agreed to a $5.5 million, two-year contract with the A's. Embree receives a $250,000 signing bonus, $2.25 million next season and $3 million in 2008. His contract also includes a $3 million team option for 2009.

Orioles acquire from Bynum from Cubs

The Orioles have acquired Freddie Bynum from the Chicago Cubs for a player to be named later.

Red Sox Sign SS Julio Lugo to 4-year, $36 million deal

The Red Sox addressed their shortstop concerns by signing Julio Lugo to a four-year, $36 million contract, pending a physical.

Catcher Bengie Molina Signs three-year, $36 million deal with Giants

The Giants finalized a $16 million, three-year contract with catcher Bengie Molina on Wednesday to replace Mike Matheny, who might not play again because of a concussion.

Molina, a two-time All-Star, is scheduled to make $4 million next season, $6 million in 2008 and $6 million in '09. He batted .284 with a career-high 19 home runs and 57 RBIs in 117 games for the Toronto Blue Jays in 2006.

Joe Borowski to the Indians in one-year, $4.25 million Agreement

Cleveland finalized a $4.25 million, one-year deal with Joe Borowski after the Phillies backed out of a deal citing concerns about Borowski's shoulder.  Borowski had 36 saves in 43 chances last season for the Florida Marlins. After he reached a preliminary agreement with the Phillies, Philadelphia backed off that deal when it didn't like the results of medical tests performed on his right shoulder.

He gets $4 million next year, and the Indians have a $4 million option for 2008 with a $250,000 buyout. Borowski can earn $1.5 million in performance bonuses bases on games finished: $200,000 each for 40, 45 and 50, $400,000 for 55 and $500,000 for 60.

David Dellucci signs $11.5 million, three-year Agreement with Indians

The Indians also knotted up outfielder David Dellucci for three years and $11.5 million.

The 33-year-old Dellucci, who chose Cleveland over Cincinnati, is expected to platoon in left field. A left-handed hitter, he batted .292 with 13 homers and 39 RBIs in 132 games for Philadelphia, which acquired him before opening day from Texas.

Mike Lieberthal agrees to a $1.25 million, one-year contract with the Dodgers.

The 34 year-old former all-star catcher will play backup to Russell Martin,

The deal is for $1.15 million next year, and the Dodgers have $1.4 million option for 2008 with a $100,000 buyout.

Jason Schmidt to Dodgers in three-year, $47 million deal

After 5 1/2 seasons with the Giants, Schmidt told his former Giants teammates that he has agreed to a three-year, $47 million contract with the Los Angeles Dodgers.

The deal, which is contingent on a physical, would make Schmidt the ace of the Dodgers' pitching staff.

IN OTHER NEWS...

Hendry hospitalized at winter meetings

Hendry wasn't feeling well and spoke by phone with Cubs team physician Dr. Stephen Adams, who recommended that the 51-year-old GM go to a hospital to be examined. Hendry was expected to remain in the hospital overnight.

Progress seen in Bonds' negotiations with Giants

Barry Bonds' agent, Jeff Borris met with Giants GM Brian Sabean for three hours in an attempt to get closer to resigning the slugger. 

Sources close to the negotiations have said there is a second, as yet unidentified, team interested in the 42-year-old slugger, who could break Hank Aaron's all-time home-run record next season while carrying accusations he used steroids for several years late in his career.

"I won't comment on that," Borris said of the existence of a suitor other than the Giants.

TRADE RUMORS...

  • The Los Angeles Angels are focused on seeing what reliever Brendan Donnelly and catcher Jose Molina can bring in a trade.
  • After the Dodgers acquire Jason Schmidt, Brad Penny may be on the block in an attempt to gain a stick and power at the plate.
  • Free-agent right-hander Gil Meche narrowed his choices Tuesday night to the Toronto Blue Jays, Chicago Cubs and Kansas City Royals, with a decision expected shortly.
  • The Mariners and Braves will swap pitchers... the Mariners will send reliever Rafael Soriano to the Braves for left-handed starter Horacio Ramirez
 
Fox Sports Midwest gets Royals TV deal PDF Print E-mail
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Media News (Television, Radio, Internet)
Written by The Staff   
Wednesday, 06 December 2006 07:18

RoyalsStarting in 2008, the Kansas City Royals will increase the number of games seen on television to 140 in total. That's due to a deal with Fox Sports Midwest. It will also mark the end of Royals Sports Television Network (RSTN), the Royals attempt at a regional sports network (RSN).

As Jeffery Flanagan of the Kansas City Star reports:

Fox Sports Net Midwest has struck a multiyear deal with the Royals to become its new television rights holder. FSN executives and Royals officials are mum about the terms of the deal, but it is believed to be 12 years.

“It’s a helluva long time,” one source said.

The financial impact on the Royals could be huge, considering the Angels, albeit in a larger market, signed a 10-year deal last spring with Fox Sports Net West worth $500 million.

FSN general manager Jack Donovan confirmed the deal but would not get into specifics other than it was “a great deal for the fans.”

The new deal will not affect viewers in 2007 when RSTN is expected to televise 114 games, including 14 over-the-air games.

 
New Feature to Biz of Baseball: Forums PDF Print E-mail
Business of Sports Network News
Written by Maury Brown   
Tuesday, 05 December 2006 15:30

The Biz of BaseballOver the last few days, the Biz of Baseball has added new content to help you research the off-season. We've presented news on MLB, Minor Leagues, and Independent League baseball. There is Media news, Facility news, Interviews, Articles, Suggested Reading... a lot to read. However, there's been no way to get feedback--to discuss any of the news around the business of baseball.

That has now changed.

The Biz of Baseball has launched forums to allow you to discuss the news that is published here daily. This will be a trial run to see how users enjoy the feature, as well as a chance to see how this feature works in the overall context of Biz of Baseball.com.

We hope you will register, ask questions, answer questions, and discuss matters fitting for the business of baseball types we cater to.

Look for the BizBall Forums link in the left-hand navigation to enjoy this new feature.

Thanks,

Maury Brown
Editor - The Biz of Baseball

 
J.D. Drew to Sign with Red Sox: 5 years, $70 million PDF Print E-mail
MLB News
Written by The Staff   
Tuesday, 05 December 2006 13:32

JD DrewThe market continues to be high...

J.D. Drew will sign with the Boston Red Sox pending a physical. The deal will be five years, $70 million. No other details on the contract are known at this time.

Drew's agent Scott Boras made the announcement on the second day of baseball's Winter Meetings. The deal is expected to be finalized over the course of the next few days.

Drew will become the first Red Sox under the current ownership to sign for more than four years.

 
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