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Category Archives: Baseball Business
Mets To Sell Minority Interest To Einhorn –
The New York Mets have agreed to sell a minority interest in the franchise for $200 million dollars. David Einhorn will have preferred partner status and the percentage of his ownership has not been released. David Einhorn is the President of … Continue reading
MLB To Run Dodger Operations –
Major League Baseball is expected to run the day to day operations of the Los Angeles Dodgers. The Dodgers ownership has had a difficult time running operations due to the divorce of their owner. Baseball commissioner Bud Selig released a statement that running the Dodgers operations … Continue reading
Zimmerman Out For Nationals –
The Washington Nationals will lose the services of their top player Ryan Zimmerman. Zimmerman has a strained abdominal muscle and coud be placed on the DL. Zimmerman will miss at least a couple of games to give the injury time … Continue reading
Mets Jason Bay Out For Opener –
The New York Mets will start the season with Jason Bay on the 15 day disabled list. The move is expected to be reported later in the day by the Mets. Jason Bay missed over 60 games last season due … Continue reading
Mets Release Perez & Castillo –
The New York Mets have been making roster moves this spring. Perez was released three days after the Mets released Castillio. The Mets will have to pay Perez the remaining $12 million of his contract. Also, Jason Isringhausen has been … Continue reading
Joe Torre Selected By Selig –
Bud Selig has selected Joe Torre as the executive vice president for on-field baseball operations. Joe Torre has experience working under pressure and should perform well in this role. Torre and Selig have known each other for over 50 years. To read a related … Continue reading
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Adam Wainwright Injured –
The Adam Wainwright injury is likely to hurt the chances for the St. Louis Cardinals in 2012. Wainwright has been in the running for the Cy Young award the last two seasons. The Cardinals expect Wainwright to have surgery and miss the … Continue reading
Jim Edmonds To Retire –
Jim Edmonds has decided to retire due to an achilles tendon injury from last season that did not completely heal. Edmonds put up impressive numbers and is considered a possibility for the Hall of Fame. Edmonds finished his career with 393 … Continue reading
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Rangers Sign Josh Hamilton –
Josh Hamilton signed a two year contract for $24 million with the Texas Rangers. The Texas outfielder will receive a $3 miilion dollar signing bonus and earn $7.25 million this year and $13.75 million next season. Josh Hamilton won the American League Most Valuable … Continue reading
Washington Nationals Acquire Werth –
Jayson Werth has a seven year contract with the Washington Nationals worth $126 million. The acquisition of Werth is an indication of the future of the Washington Nationals. The Nationals now have a team foundation with Werth, Zimmerman, Bryce Harper, … Continue reading
Pettitte Retires –
After 16 Major League seasons, Andy Pettitte has decided to retire from the game of baseball. Pettitte had a .635 winning percentage and never had a losing record. His postseason record of 19-10 will help to make him a competitive candidate for the Hall of … Continue reading
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Mets To Host All-Star Game –
The New York Mets are expected to host the 2013 All-Star game at Citi Field. The Mets have not hosted an All-Star game since 1964. Fred and Jeff Wilpon also announced that they are seeking a limited partner to buy … Continue reading
Billy Butler Stays With Royals –
Billy Butler and the Kansas City Royals agreed to a four year contract extension for $30 million. The hard hitting first baseman just won the Royals player of the year award for the second straight season. Butler had strong seasons in … Continue reading
Yankees Sign Andruw Jones –
The New York Yankees signed Andruw Jones to a one year contract for $2 million. Andruw Jones can earn an additional $1.2 million for incentives based on the number of plate appearances. During his career, Jones won 10 Gold Gloves … Continue reading
Thome Returns To Minny –
Jim Thome is returning to the Minnesota Twins next season for a reported $3 million. Thome hit 25 home runs last season in only 276 at bats. Thome had an on base percentage of 1.039 and has 589 career home … Continue reading
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