I try to be fair and rational. I love the game of baseball. And I am also a Yankee fan. Those things are in constant conflict and I try like heck to be consistent and logical. Sometimes I succeed, other times I fail.
But the “baseball is doomed“, “we need a salary cap“, “the Yanks are ruining the game” stuff is just whining. Baseball is healthy. The economy is in the shitter, no question, and it will impact the gate this year. But most of baseball’s non-gate revenues are guaranteed TV/Radio/Internet revenues. Fewer people going to the games will end up watching online or with an MLB package. Baseball will continue to thrive, much less survive.
And with a very basic economics background melded with several summers of construction gigs, I can tell you with a ceiling, there must be a floor. Take a look at the 2008 payrolls and you’ll see the average of about $90 million per team and a total of $2.7B. There are 17 teams below the average, 13 above. So where is the ceiling and where is the floor?
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As I hoped, postulated, ruminated…. Teixeira will indeed be a Yankee. It seems that they were laying low, waiting for the Boras camp to come a’calling. I’ll keep the updates coming as I get them.
Teixeira, who hit .308 with 33 home runs and 121 RBIs in 2008, will receive an eight-year, $180 million deal from the Yankees with a full no-trade provision.
Holy crap. The Evil Empire lives*. If those figures are to be believed, they were on par with Boston, below the Nationals and above the Angels and Orioles. Not quite the “Beltran Offer” but clearly not the highest bid on the table.
The Yankees swooped in on Teixeira on Tuesday when it was believed the Boston Red Sox or the Washington Nationals were the likeliest of his future employer. The Red Sox’s offer was believed to be in the range of $170 million, and the Nationals reached out with an offer perhaps greater than that of Boston.
Said here almost 2 weeks ago:
It just feels like the Yanks are quietly lurking on the Teix scenario. If they, at the last minute, call Boras and tell him they’ll match the Nationals 8 year, $160m offer, I can see them walking off with the two best players this offseason, plus at least two other very good pitchers. The Evil Empire striking again.
Obnoxious? You betchya. At least the ownership is committed. Or should be committed. Whatever.
- Damon, LF
- Jeter, SS
- Teix, 1B
- ARod, 3B
- Matsui, DH
- Nady, RF
- Posada, C
- Swisher, CF
- Cano, 2B
Not sure how the bottom 3-4 guys shake out right now.
Merry Teixmas to all!
* And yes, I know there will be hell to pay if the Yanks don’t win it all.
Buster on the Yanks lurking, possibly waiting for a “Beltran Offer“:
The Yankees made an initial offer to Teixeira, a proposal not close to the others, before they withdrew their bid, and they have maintained contact with the agent, Scott Boras. Three years ago, Carlos Beltran was a free agent, and near the end of his negotiations with the Mets, he offered to sign with the Yankees for a six-year, $96 million deal, or more than $20 million less than what the Mets had offered. The Yankees declined the proposal.
With Teixeira’s negotiations with the Red Sox last week, in the failed meeting between the team executives and the player, the Yankees are at least preparing for the possibility that they will be presented with a set of parameters by Teixeira that would bring him to New York. If the first baseman gives the Yankees contract figures that absolutely would result in him signing with the Yankees, they want to be ready to respond.
Buster on the Boras/ARod/Texas parallel:
The Nationals reportedly made an offer of eight years and $160 million to the first baseman, and while some within the organization have privately expressed skepticism about their chances of signing Teixeira, they are viewed as a formidable participant because of their owner’s deep pockets. A lingering question throughout these negotiations has been whether Teixeira would be willing to play for the Nationals or the Orioles, teams that figure to struggle in the immediate future, as they rebuild their pitching staffs.
Stay tuned, they are expecting Teix to make his decision today.
A bit off-topic, but this is a quick story about my brother’s fantasy football team. Feel free to skip it if you hate this stuff.
He was in the finals in his office league and according to him, clearly the favorite. The guy he was playing had the Bears D/ST yet to play. My brother had both kickers playing last night to choose from. We discussed playing Crosby since every kick would doubly hurt the Bears D/ST. We knew neither was a good option though, due to the weather.
Here are his emails to me late last night:
Timestamp: 12/22/2008 10:56 PM
Body: That missed FG was worth 4 to me and -1 to my opponent. And I’m down by 5!
Timestamp: 12/22/2008 11:42 PM
Subject: “This kick“
Body: For the title
Timestamp: 12/22/2008 11:57 PM
Subject: “I’m sick“
Body: That missed FG cost me the title.
That, my friends, is pain.
“I don’t know [Manny Ramirez] personally, with the exception of playing against him and on some All-Star teams,” Jeter said. “I know he’s had a lot of success everywhere he’s gone, and it seems his teams have done been pretty good.
“Not too many people have problems fitting in, I don’t think.”
I know Jeter is being Jeter-like, trying to say and do the right thing (or the things we want to hear). But adding Manny on a multi-year deal is just a bad idea. As for fitting in, the Cap’n sure did a nice job helping ARod get acclimated, didn’t he?
And making it worse, Hank wants Manny for all the wrong reasons:
Hank Steinbrenner is believed to covet Ramirez for the marquee value he would bring to the club and a chance to stick it to the rival Red Sox, for whom Ramirez spent 7+ seasons before last summer’s messy divorce.
HANK: YOU ARE PLAYING WIN A FREAKIN’ WORLD SERIES, NOT TO WIN THE BACK PAGE WARS OR TO TWEAK THE REDSOX, YOU DIMWIT!
Way too much bile this early in the morning. Find it in your heart to forgive me.
Since I just got done bashing Boras and Teixeira, I’ll ask you, my loyal readers, to answer this one: Would you sooner take the longer term, higher total value contract or the shorter, higher AAV contract?
The opportunity is there, especially after the Red Sox and Angels publicly stated they’re out. And though it probably won’t work because of the money already on the table from the Nationals and Orioles, there is a rationale that I think makes sense.
Offer Teixeira a 4-year deal worth $102 million. Blow him away with an average annual value of $25.5 million, not far under A-Rod’s megadeal. The Yankees get their short-term commitment while Boras gets the big number he’s looking for. There are tens of millions left on the table, but here’s where it could pay off. The four year deal means Teixeira will hit the open market again at age 32, still in his prime.
Crafty. I can’t see Boras letting Teix take it, though. It’s not long term enough. Boras would rather the longer term deal with his patented opt-out, methinks. What say you?
Lastly, I have read many defenses/assaults of/on the Yanks and Steinbrenners lately, but I did happen to really like this defense for its brutal honesty, from later in the same article:
For those that think this is overkill after the quarter of a billion dollars they committed to Sabathia and Burnett, I have two words – pipe down. The Yankees have money to spend. This is what they do. So spend it. Who can argue that the players they are adding don’t make sense? If the Steinbrenners took all this money that was coming off the books and put it in their pockets, then that would be a greater crime. Other GM’s can talk tough, but if any one of their owners came to them and offered an extra $100 million for the payroll, not one would say, “no thanks, we’d prefer to do it the right way.”
If this is true, it’s clear that our boy Teix has no grasp of recent history. He need only look at the ARod deal of 2000 to wonder if he’ll find happiness being the big fish in a small, stagnant swamp.
According to multiple sources, the Washington Nationals have sweetened their proposal to first baseman Mark Teixeira, offering him an eight-year deal worth $178 to $184 million.
I’m also told that they’re willing to go nine years – and there’s been talk of 10 – which could be one reason why agent Scott Boras is dragging along negotiations.
Not that I think the Nats are a bad organization, it’s just that they are not going to be a contender for at least the next 4-5 years, at best. Right? Straight through the prime of Teix’s career arc. And then what?
I still say he lands up in Boston. It should be fun to watch Boston bump a Gold Glove 1B out of that position to bump their WS MVP out of the lineup into some dump trade, all in the name of Theo The Smart.
There are some interesting reports out there today that I could only call misinformation. Once there are some more concrete things to discuss, I’ll dive deeper. But for now, let’s just quickly mention the two hot topics du jour.
- Manny expects a 3 year offer from the Yanks in the neighborhood of $75m dollars. If this happens, I might have to auction off my allegiance to this team. Manny also expects the Tooth Fairy to arrive, the Easter Bunny to bring him chocolates and Santa to be readying his sled for his Wednesday night run.
- The Angels have reported backed out of the Teixeira ‘sweepstakes’ for feeling used. I love Arte Moreno, but he’s sounding awfully sensitive here. There’s no way the Nats or Orioles end up Teix unless they come in with an over-the-top offer like the Yanks had to do to get CC. The Sox, despite claiming “not to be major factors” in this, WILL in fact be major factors. Unless the Yanks decide to get more piggish (which many didn’t think possible), I don’t see them landing Teix. Boras reportedly told Cashman it would take eight years and $180 million to $185 million to sign Teixeira. That’s ridiculous. I would LOVE to have Teix –who wouldn’t?– but at some point, don’t you have to say no? I mean, I’d love a Maserati, but it’s just out of my fiscal reach. [Maybe more than "just", towards the area of "way".]
I can see Cashman & Co. making a strong offer (8 years, $21m per) as their “first and final” offer. If the Sox want to reach for 8 years and $180m on what amounts to a luxury item for them, power to them. If you have to trade your WS MVP who has 2 years and have to eat much of the $24m he’s still owned in order to add Teixeira, then that’s a luxury. Face it. I might have to dust off my Evil Empire II rant.
UPDATE: From Buster’s blog today:
The Yankees made an initial offer that was believed to be markedly less than what the other offers have been, and since then they have withdrawn that offer. They are pushing to cut their payroll in 2009, and they cannot sign Teixeira and accomplish that unless they could dump the contract of Hideki Matsui and others, in a market flush with corner outfielders. Their focus continues to be on starting pitching, and at some point they could re-engage a free agent who could come cheaply.
And that brings us back to the Red Sox, who sources say were prepared to pay Teixeira something in the range of $170 million to $175 million as club executives flew to Texas, and who might be nudged to $180 million. But they seem to be talking at the idea of throwing out a $200 million deal to the first baseman.
Here’s a number to keep in mind: $189 million. That’s the value of the contract signed by Derek Jeter after the 2000 season. Scott Boras, Teixeira’s agent, is very aware of benchmarks, and so a $190 million contract would surpass Jeter’s deal in total dollars.
Does Teixeira really have lots of offers for more than what the Red Sox are offering? Clearly, Boston doesn’t think so. Only Boras knows for sure.
It seems that the game has played itself out, the last cards have been dealt, and now Teixeira is in position to make his decision.
Happy 1st birthday to the blog. It’s been an incredible first year. Thank you all for coming by, visiting, hanging out, debating, challenging, etc. Those are the reasons why I do this and why I have so much fun doing it.
Since I haven’t yet began to feel any burnout, I’ll keep this going. I hope to get some more interviews with current and former players/coaches/agents. Being able to bring their perspectives to you was a lot of fun. I’ll try to do more of that.
I’ll also try to keep things fun as much as possible.
I’d be remiss if I didn’t offer a big thank you to Craig from ShysterBall for all of his help and chatter during this past year. And to my most loyal readers, keep the comments and emails coming!
Thanks again for coming by. I appreciate it!