John Henry: Economy may effect offseason moves

by Randy Booth on Dec 17, 2008 11:46 PM EST in News

Red Sox owner John Henry wrote to the Associated Press that the shape of the economy may effect the Red Sox's dealings with certain free agents:

"We all have limits," Red Sox owner John Henry said in an e-mail to The Associated Press. "Eight years is a very long time in baseball and everywhere else."

He also said the amount the team is willing to spend on a free agent "depends on both" the economy and the player being sought.

"Baseball as a whole has not yet been hit by the financial crisis, but it will," Henry said. "The degree is in question and won't be answered for a while."

It seems obvious, but at least he's addressing it. Obviously the Sox have more leeway than some MLB teams, but I find the last quote the most interesting. We have no idea what the economy is going to do from here on out, but even if it rebounds there will probably be some reaction to the MLB.

Oh, and Mark Teixeira hasn't signed yet. I'm predicting we have an answer tomorrow though.

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Comments

Y'all hear about the Mets?

Apparently Wilpon et al has lost over $100m in the Madoff ponzi scheme.

Manny ain't the only bad man.

by tommy.otm on Dec 18, 2008 12:00 AM EST reply actions

Yeah, freakin’ Madoff…

OverTheMonster.com

by Randy Booth on Dec 18, 2008 12:13 AM EST up reply actions

Madoff

pronounced “Made-off,”
as in he **** with your cash-

by Buzzy on Dec 18, 2008 8:20 AM EST up reply actions

"have no idea what the economy is going to do from here on out, but even if it rebounds

Bwaaa, haa, haa. Are you kidding me? The first half of 2009 will be brutal. The rot runs very, very deep. Wait until the job losses start to really hit in Jan., it’ll be nasty. Lots and lots of layoffs after the new year.

by sydneysox on Dec 18, 2008 12:39 AM EST reply actions

Totally.

I’ve lots of friends taking “mandatory paid vacation” over the holidays, I bet most of them will be laid off when they come back.

But hey, I just got a raise…

Manny ain't the only bad man.

by tommy.otm on Dec 18, 2008 8:58 AM EST up reply actions

The single best thing about this whole thing for me?

Volunteer hours for college scholarships that will be offered more after a rebound. Lot easier to find someone willing to sign a slip of paper if it doesn’t cost them money.

Clutch: A measurement of how much better or worse a player does in high leverage situations than he would have done in a context neutral environment. http://www.fangraphs.com/blogs/index.php/glossary/

by bdalebs on Dec 18, 2008 4:06 PM EST up reply actions

Hmm sounds to me like it might be a sign theyr not going to sign him.

by spinz on Dec 18, 2008 1:31 AM EST reply actions

Could also be posturing, for Boras.

"It's just a tiny little nick, but it hurts when I get champagne in there."
- Jason Bay, on getting spiked scoring the winning run in ALDS Game Four.

by 0157H7 on Dec 18, 2008 8:02 AM EST up reply actions

Funny how this thing doesn't hit the very rich,

I’m a ski instructor and I just got booked for a 13 day private lesson at $600/day. This family has 4 of us booked for that whole time. That’s like $30,000 for ski lessons. Plus these people tip like $100/day to each of us. fucking nutty money.

by BTLove on Dec 18, 2008 10:27 PM EST reply actions