The Philadelphia Phillies are reportedly keen on bringing back right-hander Jeff Hoffman for another season, according to The Athletic’s Matt Gelb. The Phillies' interest lies in utilizing Hoffman in his established role as a relief pitcher, despite some teams exploring the possibility of converting him back to a starting pitcher—a role he hasn’t filled since 2021.
Hoffman's shift to relief pitching with the Cincinnati Reds in 2021 marked a significant improvement in his performance, and his success has only escalated over the past four seasons. In 2022, he posted a respectable 3.83 ERA across 44 2/3 innings for the Reds. However, despite his performance, Hoffman found himself signing minor league deals with the Minnesota Twins and eventually the Phillies following a release late in Spring Training. During his two seasons in Philadelphia, Hoffman emerged as a high-leverage asset. Across 118 2/3 regular-season innings in 2023-24, he achieved an impressive 2.28 ERA, a 33.4% strikeout rate, and a 7.4% walk rate. Though his 2023 playoff performance was solid, Hoffman's 2024 postseason saw some struggles, particularly in the NLDS against the Mets where he experienced a couple of meltdowns. The Phillies' continued interest in Hoffman suggests they value his contributions and see potential for further growth in his relief role. Hoffman's journey from a starter to a reliable bullpen arm highlights his adaptability and resilience, making him a valuable asset for the Phillies as they aim for success in the upcoming season.
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Andrew Friedman, the president of baseball operations for the Los Angeles Dodgers, recently addressed concerns from fans who believe the team is disrupting the balance of fair competition in Major League Baseball by signing numerous top-tier players. During an interview on "The Jim Rome Show," Friedman passionately defended the Dodgers' approach.
Friedman emphasized the deep sense of responsibility he and his leadership team feel towards their fans. "We think about the responsibility we have to our fans. They show up every night. They show up on the road. The passion they have for this team. We feel immense pressure to deliver for them. And thus the virtuous cycle of the Dodgers and our fans and how intertwined those things are, really are front of mind for our ownership group. And it’s about continuing to reinvest and continuing to … make this a golden era of Dodger baseball," Friedman explained. For Dodgers fans, Friedman's commitment to reinvesting in the team and striving for excellence is exactly what they want from their ownership group. The criticism, Friedman suggests, might be less about the Dodgers' actions and more about other teams not adopting a similar approach. The broader issue within MLB lies in the revenue-sharing model and the absence of a salary floor, which incentivizes lower-spending teams to minimize their expenditures. While the Dodgers have deferred money obligations that will eventually need to be addressed, their current strategy has led to consistent success. The team has won the NL West in all but one year since 2013 and secured their second World Series title since 2020. Friedman's defense highlights the Dodgers' commitment to their fans and their pursuit of sustained success. As the team continues to navigate the challenges of maintaining a competitive edge, the debate over their impact on the league's competitive balance is likely to persist. The Chicago White Sox have reached an agreement on a minor league deal with free agent outfielder Calvin Mitchell, as reported by Aram Leighton of Just Baseball. Mitchell, who is represented by Sports Management Partners, will be participating in the major league camp as a non-roster invitee next spring.
Calvin Mitchell, who turns 26 in March, has spent parts of two seasons in Major League Baseball, primarily with the Pittsburgh Pirates. During his time with the Pirates from 2022 to 2023, he accumulated 237 plate appearances and posted a batting line of .222/.284/.343, with five home runs, 11 doubles, three stolen bases, an 8% walk rate, and a 22.4% strikeout rate. A former No. 50 overall draft pick by the Pirates in 2017, Mitchell spent the 2024 season with the San Diego Padres' Triple-A affiliate, El Paso Chihuahuas. Despite his solid performance in Triple-A, where he hit .277/.359/.512 (114 wRC+), he did not receive a call-up to the majors. This marked Mitchell's fourth season with time in Triple-A, and he has maintained a commendable career batting line of .287/.358/.487 in 1067 plate appearances at that level. Mitchell, a left-handed hitter, has shown a propensity for handling Triple-A pitching, although he has experienced some struggles against left-handed pitchers. In the 2024 season, he recorded impressive numbers against right-handers, hitting .309/.397/.595, but struggled against left-handers, batting just .183/.239/.269 in 114 plate appearances. The White Sox's decision to sign Mitchell adds depth to their outfield options and provides an opportunity for the young player to showcase his abilities during spring training. If Mitchell can continue to develop and address his platoon splits, he could become a valuable asset for the White Sox organization. The New York Mets have officially signed pitcher Clay Holmes, previously with the New York Yankees, marking another high-profile acquisition for the team. The deal is reportedly valued at around $34 million over multiple years, although exact financial details are pending the completion of a physical examination.
Holmes has primarily been known as a relief pitcher, but discussions surrounding this signing indicate a potential transition to a starting role. This proposed shift has generated significant interest and debate within the baseball community, as fans and analysts speculate on how Holmes' skills might translate to a starting position. The Mets' decision to sign Holmes continues their recent trend of acquiring former Yankees, aiming to capitalize on his talent in a new capacity within their rotation. Holmes' performance as a reliever has been impressive, and the Mets are hopeful that his adaptability and experience can bring added strength and depth to their pitching staff. By exploring the possibility of using Holmes as a starter, the Mets demonstrate their willingness to innovate and take strategic risks in their quest for a stronger, more versatile team. As the team gears up for the upcoming season, all eyes will be on Holmes to see how he adapts to this potential new role and contributes to the Mets' success. In a recent move, the Baltimore Orioles announced that right-hander Thaddeus Ward has cleared outright waivers and has been reassigned to Triple-A Norfolk. This development comes without prior notice that he had been removed from the Orioles' 40-man roster, which now stands at 37.
Ward, who will turn 28 in January, has not yet pitched for the Orioles. The team claimed him off waivers from the Washington Nationals in early November. However, his tenure on the Orioles' roster was short-lived, as he has now been bumped from his spot just over a month later. Ward's journey in professional baseball began as a notable prospect within the Boston Red Sox organization. Despite his potential, he was left unprotected in the 2022 Rule 5 Draft, allowing the Nationals to select him. During his time with the Nationals in the 2023 season, Ward struggled to find his footing, posting a 6.37 earned run average over 26 relief appearances. Nevertheless, the Nationals were in a rebuilding phase and were likely content to endure Ward's subpar performance to secure his full rights. This latest transaction signifies a continued period of uncertainty for Ward, as he seeks to reestablish himself and regain a stable position within a major league roster. For the Orioles, this move provides flexibility as they continue to shape their roster heading into the new season. The Cleveland Guardians have secured the services of right-hander Shane Bieber, who will be returning to the club under a new contract agreement. The deal, valued at $10 million for the 2025 season, includes a $16 million player option for 2026, with a $4 million buyout. This structure guarantees Bieber $26 million over two years, but he has the flexibility to enter free agency after earning $14 million in the first year if he chooses.
Bieber, who turns 30 in May, has spent his entire career with the Guardians, making this return a notable moment for both the player and the organization. Represented by Rosenhaus Sports Representation, Bieber reportedly turned down higher offers from other teams, demonstrating his loyalty to Cleveland. The contract reflects Bieber's current status following Tommy John surgery in April, which will cause him to miss a significant portion of the upcoming season. This deal provides Bieber the opportunity to recover and prove his health in 2025. If he can return to his previous elite form, he has the option to re-enter the market. However, if he encounters any setbacks, the player option ensures he has financial security with an additional $12 million guaranteed for 2026. Bieber's potential is well-documented. He won the American League Cy Young Award in 2020, dominating the shortened season with a 1.63 ERA over 12 starts. During that year, he struck out 41.1% of batters faced, walked just 7.1%, and maintained a ground ball rate of 48.4%. The Guardians' decision to re-sign Bieber signifies their confidence in his ability to bounce back from injury and contribute significantly to the team's success. Fans and analysts alike will be watching closely to see how Bieber's recovery progresses and how he performs upon his return to the mound. This strategic move by the Guardians not only strengthens their pitching rotation but also highlights the club's commitment to retaining key players who have been integral to their success. The Chicago Cubs are set to add Jose Javier to their coaching staff as the new first base coach, according to a report by Sahadev Sharma and Patrick Mooney of The Athletic. Javier, who will be replacing Mike Napoli, joins the Cubs following Napoli's departure at the end of the 2024 season.
Javier, 32, has a longstanding history with the New York Yankees’ organization. His career began as a minor league player from 2010 to 2015, although he never advanced beyond Single-A. After concluding his playing career, Javier transitioned to coaching, where he continued to develop his expertise within the Yankees' minor league system. Cubs manager Craig Counsell has been actively restructuring his coaching staff in preparation for the upcoming season. Early in October, the Cubs parted ways with several coaches, including Mike Napoli, assistant hitting coach Jim Adduci, and bullpen coach Darren Holmes. Shortly after, third base coach Willie Harris also departed from the team. These changes come as part of Counsell’s efforts to align the coaching staff with his vision for the team. To fill these gaps, the Cubs have made several strategic moves. Casey Jacobson, previously a pitching coordinator in the minor leagues, has been promoted to assistant pitching coach, replacing Daniel Moskos, who left to become the Miami Marlins' pitching coach. Quintin Berry, reportedly joining the Cubs from the Milwaukee Brewers, is expected to take over as third base coach. Javier will now take his place across the diamond, adding his experience and skills to the coaching staff. The Cubs have yet to announce their complete coaching staff, and the remaining vacancies have not been publicly filled. However, these recent additions and promotions reflect a significant overhaul aimed at enhancing the team’s performance and cohesion. Major League Baseball is currently considering a groundbreaking rule change known as the "golden at-bat." This new rule would allow teams to send their best hitter to the plate once per game, regardless of their place in the batting order.
This proposal is undoubtedly unconventional and could significantly alter the dynamics of the game. As a result, it has sparked considerable debate among players and fans alike. Boston Red Sox veteran relief pitcher Liam Hendriks is one of the many voices opposing the rule. Speaking to Christopher Smith of MassLive, Hendriks expressed his disapproval, saying, "It's just a terrible idea. It's horrible. You're just changing the entire [nature] of the game. The pitch clock is what it is and other things like that, but now you're changing the whole entire nature of the game. And it's just another way to add offense. At the end of the day, everything seems to be leaning very much towards offense rather than pitching or defense or anything like that. I think what you need to do is you need to pay guys for getting base hits and high averages. When you start doing that, then all of a sudden those guys are getting on base and that's a pain in the a--." Hendriks' comments highlight the concerns many have about the potential shift in baseball's fundamental balance between offense and defense. The "golden at-bat" rule could drastically increase scoring opportunities, fundamentally changing how teams strategize and manage games. Critics argue that it may undermine the traditional aspects of the sport, where strategic decisions about batting orders play a crucial role. As MLB continues to explore this proposal, the league will need to weigh the potential benefits of increased excitement and fan engagement against the risk of alienating purists who value the game's traditional structure. The debate over the "golden at-bat" rule is likely to continue as the league gathers feedback from players, coaches, and fans. The St. Louis Cardinals' strategy for the 2025 season has been evolving, as reports suggested the team was aiming for a reset year with a focus on player development and a reduced payroll. This led to speculation that several veteran players might be traded. However, recent discussions indicate a slight shift in expectations.
John Mozeliak, the president of baseball operations, clarified the team's intentions during an interview with Katie Woo of The Athletic. “We have every intention of fielding a good baseball team,” Mozeliak stated. “It’s going to have a different profile, but we still have a lot of belief that some of our younger players will take that next step forward. We’re excited about what we have. Now, it is Dec. 5, and things can happen and things can change. But we’re still going into (next season) with optimism that it’ll be a fun baseball team to watch.” The Cardinals plan to walk a fine line between development and competitiveness. While they intend to reduce spending, it may not be as drastic as initially anticipated. Current projections from RosterResource show the team about $35 million below last year’s payroll. This suggests that instead of making significant player moves, the Cardinals might simply refrain from aggressive signings. The approach appears to be a middle ground between rebuilding and contending. The team aims to give more playing time to less proven players, hoping for internal growth. Key players expected to get extensive auditions include Nolan Gorman, Jordan Walker, Lars Nootbaar, Alec Burleson, Moisés Gómez, and Iván Herrera. Notably, Gorman, who was optioned to the minors last season, will have another chance to prove himself. Mozeliak's earlier comments highlighted the importance of consistent production. “Obviously, it’s a game of production up here and at some point, you’ve got to consistently produce, or we have to find someone who can,” Mozeliak said in August. “I mean, that’s what it ultimately comes down to, and these are hard messages to hear. It can be frustrating, but this is what ends up defining you. With our offensive struggles this year, I think you can strictly look at the inability for consistent performance, day in and day out.” As the Cardinals navigate their strategy for 2025, the balance between developing young talent and maintaining competitiveness will be key. Fans can expect a team that prioritizes growth while still aiming to put a strong product on the field. The Tampa Bay Rays have traded right-handed pitcher Sean Harney to the New York Mets in exchange for international pool money, according to multiple reports.
Harney, who has shown potential in the Rays' farm system, will now have the opportunity to further develop his skills with the Mets organization. The Rays, in return, have added to their international signing budget, which could help them secure promising young talent from overseas. This trade reflects the Rays' ongoing strategy of leveraging their pitching depth to acquire resources that can aid in long-term player development. For the Mets, acquiring Harney provides them with another arm to evaluate and potentially develop within their system. The Chicago Cubs are making significant changes to their major league coaching staff in preparation for Craig Counsell’s second year as manager. The latest addition to the team is Jose Javier, who will take on the role of first-base coach, according to sources from The Athletic.
Javier, 32, spent the previous season as a defensive coach for the New York Yankees’ Triple-A affiliate. His expertise in outfield defense and base running has been instrumental within New York's farm system. Before transitioning into coaching, Javier played six seasons as a minor-league player for the Yankees, starting his career in the Dominican Republic. The Cubs began their coaching overhaul soon after the season ended in September. They dismissed three coaches: Mike Napoli (first base), Darren Holmes (bullpen), and Jim Adduci (hitting assistant), and started restructuring their high-performance team, which oversees strength and conditioning. In this transition, Craig Counsell has already brought on Quintin Berry from the Milwaukee Brewers to serve as the new third-base coach. Berry, known for his base-running expertise, previously worked with Counsell in Milwaukee. He replaces Willie Harris, who did not renew his contract with the Cubs in October. Additionally, the Cubs promoted Casey Jacobson, a respected pitching coordinator from their minor-league system. Jacobson will now serve as an assistant pitching coach, taking over some duties from Daniel Moskos, who left to become the Miami Marlins’ lead pitching coach. The Cubs also hired Matt Talarico from the Yankees, enhancing their player development department. Talarico, previously New York’s director of speed development and a base-running coordinator, has been appointed as the Cubs’ offensive coordinator for base running. His new role will leverage his extensive experience and regional roots in the Midwest. These strategic hires and promotions are part of the Cubs' broader effort to enhance their coaching staff and overall team performance. The new additions bring a wealth of experience and specialized skills that will be crucial for the Cubs as they aim to improve their competitiveness in the upcoming season. The Los Angeles Angels have re-signed outfielder Bryce Teodosio to a minor league contract, as confirmed by MLB.com's transactions tracker. Teodosio has been assigned to Triple-A Salt Lake and is expected to receive an invitation to the big league spring training.
Teodosio, who will turn 26 in June, had a brief stint with the Angels' major league roster towards the end of the 2024 season. He was called up in early September and appeared in five games, recording one single in 12 plate appearances and striking out five times. Unfortunately, his season was cut short due to a right middle finger fracture, which landed him on the injured list for the final weeks of the season. The Angels non-tendered him last month, allowing him to enter free agency without being exposed to waivers, but they have now quickly brought him back into the fold with this new deal. Originally signed by the Angels as an undrafted free agent in 2021, Teodosio has steadily progressed through their minor league system. While his batting statistics have not been particularly impressive, with a .229/.312/.358 slash line over the past three years and a wRC+ of 76, Teodosio has demonstrated notable speed and defensive versatility. He stole 28 bases in 2022, 16 in 2023, and an impressive 40 bases this past year. Additionally, he has played at all three outfield positions, showcasing his defensive range. During his brief major league tenure, Statcast recorded his sprint speed in the 98th percentile. The re-signing of Teodosio provides the Angels with depth in the outfield and a potential speed threat on the bases. His invitation to spring training will give him an opportunity to compete for a more permanent spot on the major league roster, and the team will be closely monitoring his progress. This move highlights the Angels' continued commitment to developing and retaining promising young talent within their organization. Teodosio's combination of speed, defensive ability, and potential for growth makes him a valuable asset as the Angels look to build a competitive team for the future. The New York Mets' third baseman, Brett Baty, is attracting considerable trade interest from teams across the league. According to Mike Puma of the New York Post, the Mets are open to listening to offers for their former top prospect. While Baty is not actively being shopped, he is not off limits either, making him an intriguing option for clubs seeking cost-effective talent at third base.
Baty has long been seen as a logical trade candidate. His inclusion on various offseason trade candidate lists was driven by the emergence of Mark Vientos at third base and the possibility of the Mets re-signing Pete Alonso. In a scenario where Alonso signs elsewhere and Vientos moves to first base, Baty could still vie for the starting role at the hot corner. However, he has struggled to secure his place during previous opportunities in the past few seasons. Mets fans and analysts are encouraged to read Puma's detailed piece, which includes insights from scouts who believe Baty is just a small adjustment or two away from becoming a reliable major league regular. The former No. 12 overall pick in the 2019 draft, Baty has faced challenges in the majors, producing a .215/.282/.325 line across 602 plate appearances over three seasons. Despite these struggles, his performance in Triple-A has been impressive, hitting .273/.368/.531 in 416 plate appearances. Baty has also shown improvement in his strike zone awareness, reducing his strikeout rate from 28% in 2023 to 24.6% in 2024, while maintaining a 9.4% walk rate. These scouting reports highlight why other teams are keen to acquire the 25-year-old. His potential and upside make him a valuable asset, even if his major league performance has been inconsistent thus far. As the Mets evaluate their roster and consider their options, the possibility of trading Baty could bring significant value in return. Teams looking for an affordable third baseman with upside will undoubtedly keep a close eye on developments involving Baty. Keep an eye on this space for further updates as the Mets navigate their trade discussions and make decisions that will shape the future of their roster. What do you think about the possibility of the Mets trading Baty? Do you believe he has the potential to become a consistent performer in the majors? The Tampa Bay Rays have reached an agreement with veteran catcher Danny Jansen on a one-year contract worth $8.5 million, according to multiple reports. Jansen, who spent the first seven seasons of his career with the Toronto Blue Jays before being traded to the Boston Red Sox in July, is no stranger to the American League East.
Despite receiving multi-year offers from other teams, Jansen opted to bet on himself with a one-year deal after a challenging 2024 season. He will now join his third AL East team, bringing his experience and skills to the Rays' roster. Jansen has been a consistent performer throughout his career, known for his defensive prowess and ability to contribute offensively. This signing is a strategic move for the Rays as they look to strengthen their catching position and add depth to their lineup. Willy Adames, known for his consistency at shortstop, has primarily played this position throughout his MLB career, apart from a brief stint at second base during his debut season in 2018. Now, at 29, there are indications that Adames might be open to switching positions if the right opportunity arises. The New York Yankees appear interested in exploring this possibility.
According to MLB.com's Mark Feinsand, Adames is a top free-agent option for the Yankees, especially if they are unable to re-sign Juan Soto. MLB Network insider Jon Paul Morosi further reported that if the Yankees manage to secure Adames, they plan to utilize him as their third baseman. This strategic move would allow Anthony Volpe to remain at shortstop while Jazz Chisholm Jr. would transition to second base, a position he frequently played with the Marlins from 2020 to 2022. The Yankees' interest in Adames signifies their intention to bolster their infield with experienced talent. Adames' flexibility and willingness to adapt could prove beneficial for the team, potentially strengthening their defensive lineup and adding a powerful bat to their roster. As the free agency period progresses, the Yankees' pursuit of Adames will be a storyline to watch. His potential shift to third base could reshape the team's infield dynamics and contribute significantly to their competitive edge in the upcoming season. In a move that has taken many baseball fans by surprise, the Oakland Athletics have signed a three-year, $67 million contract with pitcher Luis Severino. This deal marks the largest financial commitment in the franchise's history, surpassing the $66 million contract held by Eric Chavez for the past two decades. The A's had hinted at their willingness to make significant investments in free agency or through trades, and this contract represents the first concrete step in that direction.
Severino's deal, with an annual value exceeding $22 million, showcases a new financial strategy for the Athletics. Traditionally known for their frugality, the A's are now demonstrating a readiness to compete financially with larger-market teams. This shift could indicate more substantial spending in the near future. Supporting this notion, Jon Heyman of the New York Post reports that the Athletics made a substantial offer to free agent southpaw Sean Manaea before finalizing the deal with Severino. Manaea, who began his MLB career with the Athletics after being acquired from the Kansas City Royals in the 2015 Ben Zobrist trade, remains a potential target. Although it is unclear if the Athletics will continue to pursue upper-tier free agents, the Severino signing and discussions of a $100 million payroll target suggest it is within the realm of possibility. Even with Severino's contract, RosterResource projects the Athletics' payroll at a modest $58 million. This leaves ample room for additional high-value contracts, whether through free agency or trade acquisitions. The current flexibility in their budget could allow the Athletics to strategically strengthen their roster further. The decision to invest heavily in Severino reflects the Athletics' commitment to competing at a higher level. Severino, known for his powerful arm and impressive strikeout rates, brings a formidable presence to the mound. His addition is expected to significantly bolster the A's pitching rotation, providing a cornerstone for future success. The Athletics' willingness to break their financial mold marks a new chapter in the franchise's history. Fans and analysts alike will be watching closely to see how this increased investment will impact the team's performance on the field. The potential for additional signings and trades could further enhance the Athletics' competitiveness in the coming seasons. As the offseason progresses, the Athletics' actions will be scrutinized to gauge the extent of their new spending strategy. The Severino deal could be the first of several moves aimed at transforming the team into a more consistent contender. Stay tuned for updates as the Athletics navigate this transformative period. Their ability to balance financial investment with on-field performance will be crucial in shaping the future of the franchise. The Chicago Cubs are reportedly "determined" to trade one of their key players, either first baseman/outfielder Cody Bellinger or outfielder Seiya Suzuki, according to Joel Sherman of The New York Post. The goal behind this move is to redirect the cost savings towards upgrading other parts of the roster. Additionally, Bruce Levine of 670 The Score reports that the Cubs have shown interest in catchers Carson Kelly and Danny Jansen, as well as relievers Andrew Chafin and Kirby Yates.
The Cubs' crowded outfield is a major factor in their decision-making. Pete Crow-Armstrong has emerged as a valuable glove-first center fielder this season, with the potential to bring even more value if his offensive skills improve. The corner outfield spots are currently occupied by Bellinger, Suzuki, and Ian Happ. While Bellinger can also play first base, Michael Busch has solidified his role there, further complicating the lineup. Beneath these established players, the Cubs have several promising options waiting for their shot at the big leagues. Alexander Canario, despite having only 45 major league plate appearances, has consistently performed well in Triple-A and is now out of options. Kevin Alcántara and Owen Caissie, both on the 40-man roster and regarded as top 100 prospects, are also eager for more playing time. Alcántara made a brief MLB debut in 2024, while Caissie spent the entire season excelling in Triple-A. Even with the designated hitter spot open, the Cubs find themselves with more talent than they can accommodate. This surplus of capable players makes it logical for the team to consider trading one of their outfielders to optimize their roster and address other needs. By potentially trading Bellinger or Suzuki, the Cubs could free up significant financial resources. This money could then be used to strengthen weaker areas of the team, such as catching and relief pitching. The addition of Carson Kelly or Danny Jansen would provide valuable depth behind the plate, while relievers Andrew Chafin and Kirby Yates could bolster the bullpen. The Cubs' front office is undoubtedly weighing their options carefully, as the right moves could significantly improve their chances of contending in the coming seasons. With a mix of established players and rising stars, the team is in a strong position to make strategic trades that benefit both their present and future prospects. As the trade discussions continue, Cubs fans will be eagerly watching to see how these potential moves unfold. The decisions made in the coming weeks could shape the team's trajectory and define the next chapter in the storied franchise's history. Mykalai Kontilai Sentenced to Prison for Fraudulent Scheme Involving Jackie Robinson Contracts12/6/2024 Mykalai Kontilai, a notorious figure in the business world, who purchased Jackie Robinson's first professional contracts with the Brooklyn Dodgers and Montreal Royals for $2 million in 2013, has been sentenced to 51 months in prison for wire fraud. Kontilai, 55, faced a federal judge on Wednesday and was also ordered to pay $6.1 million in restitution after pleading guilty to the charges two weeks ago. The criminal indictment included charges of securities fraud, money laundering, and willful failure to file tax returns, all linked to his involvement in an elaborate investment fraud scheme.
Kontilai had leveraged the Robinson contracts, which have since been seized by the U.S. Marshals Service, to raise over $23 million for a start-up e-commerce auction business called Collector’s Coffee, Inc. (CCI). He falsely claimed that the contracts were worth up to $36 million, using them as a cornerstone of a fraudulent business plan to attract investors. He then misappropriated $6.1 million of the funds for personal use, which included purchasing a Cadillac with a personalized license plate reading "MYKALAI," paying for private school tuition, and renting luxury homes across the United States—all to maintain a facade of a lavish lifestyle. Prosecutors alleged that Kontilai misled banks to steal investor funds from corporate accounts, lied to the SEC about his misappropriation of investor funds, and concealed the proceeds from the Internal Revenue Service. In 2019, as the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) launched their respective criminal and civil investigations, Kontilai sought asylum in Russia, claiming to be a whistleblower. He was arrested on an Interpol Red Notice in Germany last year and extradited to the U.S. in May. Originally, criminal indictments in Nevada and Colorado collectively carried a maximum sentence of 300 years in prison. However, Kontilai entered a plea deal on November 21, reducing the maximum possible sentence to 20 years and requiring $6.1 million in restitution. Charges in Colorado were dismissed as part of the plea agreement. Kontilai's sentencing marks the end of a lengthy legal battle and the downfall of a man who used high-profile memorabilia to deceive investors and finance his personal extravagances. As he prepares to serve his sentence, the focus shifts to the restitution process and the efforts to compensate the defrauded investors. By this time next week, Juan Soto could very well have chosen his new home. As the star outfielder evaluates multiple offers that reportedly exceed $600 million, the baseball world eagerly awaits his decision.
According to Alex Speier of the Boston Globe, the Red Sox have expressed interest in another meeting with Soto and his agent, Scott Boras. The objective is clear: they want Soto's camp to provide a specific price to prevent being outbid unexpectedly. The Red Sox's primary concern appears to be the New York Mets. Speier reports that rumors suggest Mets owner Steve Cohen has promised Boras that he would outbid any other team's offer by $50 million. It's important to note that Speier neither confirms nor denies the authenticity of this rumor but indicates that the Red Sox are concerned enough to seek clarification from Soto's camp. Whether Boras and Soto are willing to disclose a concrete figure remains uncertain. Soto benefits from leveraging the uncertainties of each team against one another. Revealing the specifics of each offer to all teams involved might lead to a highest bidder but could also limit the potential for one team to make a significantly higher bid. So far, five teams are considered serious contenders for Soto: the Mets, Yankees, Blue Jays, Red Sox, and Dodgers. Reports suggest that the Dodgers are a long shot, with insiders believing that Los Angeles entered the mix to gauge the market. Given the presence of multiple $600 million-plus offers, it seems Soto's market has materialized as expected. MLB.com's Mark Feinsand reported last night that the Dodgers are unlikely to land him. As the deadline approaches, the baseball world will be watching closely to see which team secures Juan Soto's signature. Will the Red Sox's attempt to gain clarity pay off, or will the Mets swoop in with an unbeatable offer? The next week promises to be pivotal in shaping the landscape of the upcoming MLB season. As the St. Louis Cardinals gear up for a transition to a younger core next season, several players have emerged as potential trade candidates. Chief among them is Ryan Helsley, the team's hard-throwing right-handed closer who is just one year away from free agency. Helsley, known as one of the premier relievers in baseball, is expected to attract significant attention on the trade market.
Despite this, Ken Rosenthal of The Athletic reports that teams in contact with the Cardinals anticipate that St. Louis will hold onto their star closer into next season. This sentiment was echoed by the Cardinals' president of baseball operations, John Mozeliak. “(A trade is) something we will always remain open-minded to, but our plan is to have him be part of our organization,” Mozeliak told Rosenthal. This aligns with Derrick Goold of the St. Louis Post-Dispatch, who reported last month that the Cardinals would keep Helsley unless overwhelmed by an offer. While this stance stops short of entirely removing Helsley from the trade market, it is a clear signal that the Cardinals' front office is inclined to retain him. This is in contrast to more definitive statements from other teams, such as A’s GM David Forst, who recently declared that designated hitter Brent Rooker would not be traded. Helsley has been a dominant force in the Cardinals' bullpen over the past three years. He burst onto the scene with a stellar 1.25 ERA over 64 2/3 innings in 2022. Although a forearm strain sidelined him for a few months in the 2023 season, he still managed a 2.45 ERA across 36 2/3 innings when he returned to the mound. This year, Helsley enjoyed a fully healthy season, posting a career-best 2.04 ERA over 66 1/3 innings in 65 appearances. Given his impressive track record and the Cardinals' current outlook, retaining Helsley could provide stability and experience to a transitioning roster. As the offseason progresses, it will be interesting to see how the Cardinals navigate trade discussions while balancing their need to develop a younger core with the value Helsley brings to their bullpen. Royals infielder Maikel Garcia recently underwent surgery to remove a bone spur from his right elbow, according to a tweet from Daniel Álvarez-Montes of El Extrabase. The Royals have yet to announce whether this procedure will affect Garcia's availability for Spring Training.
Garcia, who was scheduled to participate in winter ball in his native Venezuela, shared in an X post over the weekend that he would instead return to Kansas City for x-rays. The specific timing of the injury remains unclear, as Garcia did not spend any time on the injured list this past season. The 24-year-old had a busy year, playing in 157 regular season games and all six postseason contests. Manager Matt Quatraro frequently placed him at third base and at the top of the batting order. However, with the recent acquisition of Jonathan India, Garcia is no longer expected to fill the leadoff role. Depending on how the Royals decide to utilize India and second baseman Michael Massey, Garcia is likely to remain the starting third baseman. While Garcia's offensive contributions were modest, with a batting line of .231/.281/.332 and seven home runs across 626 plate appearances, he excelled in other areas. Known for his speed, Garcia successfully stole 37 bases in 39 attempts and was rated as one of the league's top baserunners. Defensively, he was impressive as well, with Statcast and Defensive Runs Saved both rating him as three runs better than average over roughly 1000 innings at third base. Garcia's multifaceted skills make him a valuable asset to the Royals, even if he is best suited to batting in the lower third of the lineup. As the offseason progresses, the Royals will be closely monitoring his recovery and making adjustments to their lineup as necessary. His surgical procedure and potential recovery timeline will undoubtedly be key factors in Kansas City's preparations for the upcoming season. The hope is that Garcia can return to full strength and continue to contribute both offensively and defensively as the Royals aim for a successful 2024 campaign. Phillies Consider Trading Key Players: Alec Bohm, Ranger Suárez, and Nick Castellanos on the Market12/5/2024 In a significant development, the Philadelphia Phillies are exploring potential trades involving third baseman Alec Bohm, starting pitcher Ranger Suárez, and outfielder Nick Castellanos, as reported by Matt Gelb of The Athletic.
The Phillies aim to acquire major league players in any deal featuring these key names. Bohm and Suárez, both All-Stars in 2024, have two and one years of club control remaining, respectively. Castellanos, under contract for $40 million through 2026, would likely require the Phillies to absorb a substantial portion of his remaining salary in any trade, according to Gelb. Philadelphia is prioritizing an outfielder and a right-handed reliever this offseason. While it's unclear if the team has discussed trading Bohm, Suárez, or Castellanos for these specific needs, there have been notable trade talks. Bob Nightengale of USA Today reported that the Phillies discussed a potential swap involving Bohm and White Sox starting pitcher Garrett Crochet. However, Gelb notes that Chicago might find a better prospect package from another team. Additionally, Alec Bohm has been part of trade discussions with the Seattle Mariners, as reported by Adam Jude of the Seattle Times. The Phillies inquired about acquiring a starting pitcher, specifically targeting Logan Gilbert or George Kirby, in return. Gelb emphasizes that the Phillies are not obligated to trade from their major league roster but have shown a greater willingness to do so than in previous seasons. This strategic shift indicates the team's proactive approach to reshaping their roster and addressing critical needs as they prepare for the upcoming season. As the offseason progresses, the potential trades involving Bohm, Suárez, and Castellanos will be closely watched by fans and analysts alike, with the Phillies' moves poised to have significant implications for the team's future. The San Francisco Giants face a challenging situation if they sign free agent Ha-Seong Kim, as they would be without a shortstop until Kim recovers from shoulder surgery. Enter Matt Chapman.
The Giants' third baseman has expressed his willingness to move to shortstop temporarily until Kim's return, providing a creative solution for the team's roster reshuffle. According to sources briefed on their discussions, Chapman, who turns 32 in April, has limited experience at shortstop—only 16 games as a collegian and professional, including four with the Oakland A’s in 2020-21. However, his reputation as one of the game's top defensive third basemen suggests he could handle the position change, at least temporarily. If Chapman moves to shortstop, the Giants have several options for third base. Tyler Fitzgerald could step in, or the team might utilize Casey Schmitt, an excellent defender who batted .311 with a .991 OPS in 49 plate appearances against left-handed pitching last season. David Villar is another potential option until Kim is healthy enough to take over shortstop duties, allowing Chapman to return to his natural position. Chapman’s team-first approach is one reason the Giants signed him to a six-year, $151 million extension in September. His willingness to adapt also highlights the influence of Buster Posey, the team’s new president of baseball operations, who has received praise from agents and executives for his effective leadership. Kim, 29, underwent surgery in October to repair a small tear in the labrum of his right shoulder. While the exact timeline for his return is uncertain, he is expected to miss at least the early part of the season, potentially extending to the entire first half. The Giants are actively exploring all available options to strengthen their pitching and defense. Beyond Kim, they are considering shortstop Willy Adames and right-hander Corbin Burnes among others. Burnes, who attended Saint Mary’s College in the Bay Area, is a favorite of new Giants general manager Zack Minasian, who was the Milwaukee Brewers’ pro scouting director during Burnes’ tenure. In summary, the Giants are demonstrating innovative thinking in their approach to roster management, with Matt Chapman's flexibility offering a temporary solution until Ha-Seong Kim's return. This strategic planning reflects the organization's commitment to maintaining competitive edge and addressing challenges head-on. In a landmark decision, the Las Vegas Stadium Authority approved the lease, non-relocation, and development documents on Thursday, paving the way for the Oakland Athletics to construct a $1.75 billion stadium on the Strip and bring Major League Baseball to this burgeoning sports market. This approval removes the last major obstacles for the project.
The lease and non-relocation agreements, each spanning 30 years, were celebrated as significant milestones. "It's a really significant day in Las Vegas," remarked Steve Hill, CEO and president of the Las Vegas Convention and Visitors Authority. "Today's a real milestone. I think we should recognize that and celebrate that." His comments drew applause from the attendees. Sandy Dean, a board member of the Athletics, echoed the excitement, stating, "It's really an exciting day for the A's. We're grateful to everybody that helped us be here today." While the approval marks a major step forward, several details remain, such as finalizing a development agreement with Clark County. Groundbreaking is anticipated for the spring to ensure the stadium's completion by the 2028 season. Dean mentioned that discussions with the county are in the early stages but expressed optimism about the timeline. The project costs have escalated by $250 million due to inflation and additional amenities for fans and players, including an under-seat cooling system and a split lower bowl for a closer view of the action. Dean acknowledged potential further cost increases due to interest rates but emphasized their commitment to creating a top-tier ballpark while managing expenses. Nevada and Clark County have committed $380 million in public funds towards the 30,000-seat domed stadium, which is estimated to accommodate 33,000 spectators. Public funding will commence only after the Athletics have invested at least $100 million, with Dean confirming that $40 million has already been spent. Club owner John Fisher has increased his family's financial pledge to $1.1 billion, supplemented by a $300 million loan from U.S. Bank and Goldman Sachs. Fisher is also seeking investors to purchase equity in the team. Hill assured the board of Fisher's financial capability to meet obligations, stating, "Any overages are the responsibility of the A's. This may not be the last time the costs rise." Supporting documents included letters demonstrating the financing is secure, even without additional investors. These letters outlined loan commitments, Fisher's personal financial statements, and a U.S. Bank review affirming sufficient assets to fund the stadium's equity portion. The Athletics will continue to play in a minor league ballpark in West Sacramento, California, for the next three seasons, following their recent departure from Oakland after 57 years. In a related development, ESPN's Jeff Passan reported that the Athletics have agreed to sign free-agent pitcher Luis Severino to a $67 million, three-year contract, the richest deal in the club's history, hours before the LVSA decision. St. Pete City Council Approves Major Funding for Rays Stadium and Historic Gas Plant District12/5/2024 In a pivotal move, the St. Petersburg City Council has voted 4-3 to approve $287.5 million in bonds dedicated to the construction of a new $1.3 billion stadium for the Tampa Bay Rays. Additionally, $142 million has been allocated for infrastructure improvements in the Historic Gas Plant District. This decision is a significant milestone in the ambitious $6.5 billion redevelopment plan aimed at revitalizing the area.
The next step involves the Pinellas County Commission, which will decide on their $312.5 million contribution on December 17. While the city's approval is a crucial advancement, the project's future hinges on the county's decision, a process that has experienced delays in the past. This development not only aims to modernize the Rays' home but also promises substantial economic and infrastructural benefits for St. Petersburg. The approved funding is expected to enhance the local economy, improve public amenities, and bring a fresh vibrancy to the Historic Gas Plant District. As the community anticipates the county's decision, the approved bonds represent a significant commitment to the future of St. Pete and its residents, showcasing a bold vision for growth and renewal. Stay tuned as the next steps unfold in this transformative journey for the city. |
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