Jacque Jones Deal to Marlins is Off Because of Hendry

[Soriano12]

Zell! Gosh, I hope this old timer has a heart attack soon.

[USSoccer]

Wait, so someone who has made an offer to buy a media company has vetoed the decision made by the general manager of a baseball team that makes up part of the media company over $7m?

 

That sounds like a load of crap. $7m is nothing. Nothing. There must be more to this.

[RammyFanny]

Did you hear that?

 

That was the sound of my hopes of acquiring someone good at the deadline (Griffey) flying off to a land far away...

 

:o

[E.J.]

Wait, so someone who has made an offer to buy a media company has vetoed the decision made by the general manager of a baseball team that makes up part of the media company over $7m?

 

That sounds like a load of crap. $7m is nothing. Nothing. There must be more to this.

 

NW Herald[/url]"]The South Florida Sun-Sentinel reported on its Web site Tuesday night that the deal was squashed by Sam Zell, who before the season agreed to buy Tribune Co., which owns the Cubs. According to the report, Zell vetoed the large cash exchange. The story said the Cubs were sending about $6.6 million to the Marlins along with Jones.

 

The Cubs will be sold at the end of the season. Zell, though, has shown no interest in owning the Cubs, making it hard to believe he stepped in and killed the deal.

[Danny82]

Although i'm not a Jones fan,I wouldn't make that trade.Theres no way i'd pay 6.6 of the 7.2 million hes owed. Floridas cost would be the league minimum for this year and next. Thats a nice deal for them. If the Cubs would have signed Jones for the league minimum instead of the 3/16, people wouldn't have come down on him so much. Hes not that bad an option as a 5th outfielder.

 

When you do a salary dump and get nothing in return,you're not supposed to pay the salary too.

 

Who said they would have gotten nothing in return? Do we know who the prospect was?

[NewUserName]

I am not a Jones fan or supporter but, He is probably better than Pagan over the long haul. He is probably better than he has played. The only realistic player in our system he is blocking is Murton. I would rather have Murton play AAA than sit on the bench here. So giving him away and paying a majority of his contract isnt that great of a move. I think in our great desire to rid ourselves of him we are willing to make a bad move. Being the 5th outfielder for now is fine. Maybe someone later will be willing to take more of his salary.

[Soriano12]

http://www.kellogg.northwestern.edu/kwo/sum03/images/Sam_Zell_03_CMYK.jpg

 

Public Enemy #1

[wilk]

Who said they would have gotten nothing in return? Do we know who the prospect was?

 

Not officially, but probably Tom Cowley. It was essentially "nothing" besides the roster space and league minimum for next year. It was a desperate move for nothing that required $6.6M cash exchange to the Marlins so paying that now to save $380k next year does seem all too typical of a veto from Zell's perspective if he had no interest in the "welfare" of the team.

[don_kessinger_was_good]

Holy cow, $6.6MM?? That's paying ALL of Jones' salary thru next year above the ML minimum. Cripes, as bad as Jock is, he's worth more than the minimum for crying out loud. Hendry can do better than this.

[Illini Iceman]

This would have been a dumb deal. If they are going to pay pretty much all his salary they may as well keep him around as a bench player. It's not like they have anyone significantly better to replace him in that role. Murton could come up but he is better off getting regular at bats at AAA instead of rotting on the bench.

 

I disagree. Jones has pretty much given up. I'd much rather have a guy out there willing to give 100% than someone giving half effort.

 

If the Marlins think enough of Jones that they were willing to make him their regular CF then they should either eat the salary or give up something of value in return. It is rather subjective as to whether Jones has "given up" or not, most likely his is just struggling and that makes it seem like he is not trying. I am sure even he knows that if he wants to a) get more playing time here or b) get traded to another team where he will be a starter that he will need to pick-up his production. Bottom line is that this deal was barely better than a DFA so I don't see any reason for Hendry to jump on it now when he can wait and maybe circumstances will change with either Jones improving or another team getting desperate and the Cubs can get more return.

[Banedon]

I wonder if the Zell reports are accurate. I mean I know Hendry has to act as if he's in control and all, but this blurbmakes it sound like Hendry was the one that backed out of a bad deal, not anything more. But I realize that could be a PR thing.

[flynnhicks03]

Holy cow, $6.6MM?? That's paying ALL of Jones' salary thru next year above the ML minimum. Cripes, as bad as Jock is, he's worth more than the minimum for crying out loud. Hendry can do better than this.

 

I agree. If what I'm hearing about Zell "vetoeing" this is true, maybe he should be complimented. It was a terrible deal. Somebody mentioned it earlier, but it does seem like a lot of people are disappointed that nothing happened, regardless of whether or not it would have been good for the Cubs.

[UMFan83]

Would it be out of the realm of possibility to see a Marlins-like firesale after the season in order to cut expensis??

[jjgman21]

Wait, so someone who has made an offer to buy a media company has vetoed the decision made by the general manager of a baseball team that makes up part of the media company over $7m?

 

That sounds like a load of crap. $7m is nothing. Nothing. There must be more to this.

 

NW Herald[/url]"]The South Florida Sun-Sentinel reported on its Web site Tuesday night that the deal was squashed by Sam Zell, who before the season agreed to buy Tribune Co., which owns the Cubs. According to the report, Zell vetoed the large cash exchange. The story said the Cubs were sending about $6.6 million to the Marlins along with Jones.

 

The Cubs will be sold at the end of the season. Zell, though, has shown no interest in owning the Cubs, making it hard to believe he stepped in and killed the deal.

 

 

that's the most gawd aweful rag of a newspaper in all of Chicagoland. I thought it was the worst anywhere, until I spent sometime in my girlfriends hometown and read the paper there (no offense photoguy if you work for Dan Quayle's rag).

[soccer10k]

Extremely disappointed Jones is still on the team.

[Chocolate Milk]

Wait, so someone who has made an offer to buy a media company has vetoed the decision made by the general manager of a baseball team that makes up part of the media company over $7m?

 

That sounds like a load of crap. $7m is nothing. Nothing. There must be more to this.

 

There is no way Zell squashed the deal. It makes absolutely no sense whatsoever.

[E.J.]

Hopefully Bruce is writing an article as we speak that might tell us what happened with the deal. The more I think about it, the more it makes absolutely no sense that Zell vetoed the trade.

[tfarks]

I hope someone can make sense of this whole ordeal so when I wake up sober tomorrow I can figure out who did what here.

[davearm]

Wait, so someone who has made an offer to buy a media company has vetoed the decision made by the general manager of a baseball team that makes up part of the media company over $7m?

 

That sounds like a load of crap. $7m is nothing. Nothing. There must be more to this.

 

There is no way Zell squashed the deal. It makes absolutely no sense whatsoever.

I agree completely.

 

Even assuming Sam Zell has any sort of authority over this situation (which in and of itself requires a pretty lengthy leap of faith), that guy had darn well better have something more important to do than concern himself with how the Cubs are handling an inconsequential and completely sunk cost in some junk ballplayer.

 

And even if the cost wasn't already sunk, Jones' remaining salary is a trivial accounting detail in the grand scheme of the Trib sale.

[YearofDaCubs]

If this is true, we're screwed.

[RammyFanny]

Not sure if this was mentioned, but to make things worse Kaplan supposedly said Graham was indeed the pitcher that we would get (yes, the 74K/5BB pitcher).

 

Zell :roll:

[imb]

Isn't it more likely that the Marlins Jedi Mind tricks wore off and Hendry just said "woah, wait, this deal sucks" and called it off?

[cubfan1955]

Jones trade talks fizzle

 

Doesn't sound like Zell had anything to do with it.

 

"It's unfortunate," Hendry said, referring to the fact Jones already had heard the rumors.

 

Hendry is unlikely to go back to the Marlins, who may want the Cubs to pay more of Jones salary than Hendry would like. The Cubs reportedly were willing to assume $6.6 million of the remaining $7.2 million on Jones' contract through 2008 when the deal collapsed.

 

"It wasn't really a good deal for us," Hendry said. "We got close in one scenario and talked to some other clubs [Monday], and I have another scenario. I just felt like I wasn't going to get rushed into it and make a deal that I didn't think was good for us, so it didn't get done."

 

So $6.6 million wasn't enough for the Marlins? Sheesh...$6.6 million was way too much to begin with Jim. Glad you finally woke up before Larry really stuck it to you.

[cbbryan]

Jones trade talks fizzle

 

Doesn't sound like Zell had anything to do with it.

 

"It's unfortunate," Hendry said, referring to the fact Jones already had heard the rumors.

 

Hendry is unlikely to go back to the Marlins, who may want the Cubs to pay more of Jones salary than Hendry would like. The Cubs reportedly were willing to assume $6.6 million of the remaining $7.2 million on Jones' contract through 2008 when the deal collapsed.

 

"It wasn't really a good deal for us," Hendry said. "We got close in one scenario and talked to some other clubs [Monday], and I have another scenario. I just felt like I wasn't going to get rushed into it and make a deal that I didn't think was good for us, so it didn't get done."

 

So $6.6 million wasn't enough for the Marlins? Sheesh...$6.6 million was way too much to begin with Jim. Glad you finally woke up before Larry really stuck it to you.

 

I'm more interested in what "I have another scenario" means. What team and what player?

[CubmanPi]

Jones trade talks fizzle

 

Doesn't sound like Zell had anything to do with it.

 

"It's unfortunate," Hendry said, referring to the fact Jones already had heard the rumors.

 

Hendry is unlikely to go back to the Marlins, who may want the Cubs to pay more of Jones salary than Hendry would like. The Cubs reportedly were willing to assume $6.6 million of the remaining $7.2 million on Jones' contract through 2008 when the deal collapsed.

 

"It wasn't really a good deal for us," Hendry said. "We got close in one scenario and talked to some other clubs [Monday], and I have another scenario. I just felt like I wasn't going to get rushed into it and make a deal that I didn't think was good for us, so it didn't get done."

 

So $6.6 million wasn't enough for the Marlins? Sheesh...$6.6 million was way too much to begin with Jim. Glad you finally woke up before Larry really stuck it to you.

 

I'm more interested in what "I have another scenario" means. What team and what player?

Actually, I'm most interested in the part that Zell had nothing to do with it. I was getting seriously (even more) concerned for the long-term future of this team if Zell was starting off his tenure in such a way. I think if Zell had nothing to do with this deal not happening, that's the best big picture news for the Cubs this whole thing has to offer so far.