As the Winter Meetings draw closer, teams are making moves.
The Padres are about to complete a trade that would send SS Khalil Greene to the Cardinals. … The Giants have signed SS Edgar Renteria to a two-year contract.
How does this impact the Yankees? The Giants have now added Renteria (two years and a reported $18 million), Jeremy Affeldt (two years, $8 million) and Bobby Howry (one year, $2.75 million). So they have already added approximately $16 million to their payroll. Are they now going to go all in and chase CC Sabathia as well? If they spend more money, doesn’t it have to be on offense?
Meanwhile, does trading away Greene mean the Padres can keep Jake Peavy?
Thanks to everybody who participated in the video chat today. We had 600+ questions and I got to as many as I could.
If you missed it and want to see the replay, it is now available on demand on our Mogulus channel.
Check back later for more. I’m heading over to Manhattanville College in a bit to attend a sports management graduate class taught by MLB economics expert Vince Gennaro.
I was fortunate enough to interview Vince for a story I did in May of 2007 and he has lent his expertise to the blog several times since. Vince is the author of “Diamond Dollars: The Economics Of Winning Baseball.”