A Loan That’s Not a Loan

In all the furor over the Pirates’ leaked financial records, one aspect that’s enraged some Pirate fans yet received little attention outside Pittsburgh was the loan by the Nutting family to the Pirates.  The transaction wasn’t actually a loan, not in any conventional sense at least.  It was really a loan with an option to convert to equity, but it’s easiest to call it a loan.  Whatever the best name for the transaction may be,...

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Out of Nowhere – Sleeper Prospects

Much of the discussion of the Pirates’ farm system the last couple years has centered on GM Neal Huntington’s efforts to restock the system after years of neglect under his predecessor, He Who Shall Not Be Named.  Naturally, it’s been easy to forget the players who were already in the system when Huntington took over, a tendency made a good deal easier by the fact that so few of those players have performed well.  This year, however,...

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Nutting Opens the Books, But Will It Make a Difference?

As detailed by Dejan Kovacevic in the Post-Gazette, the Pirates have opened their books as a pre-emptive strike, due to the leaking of team financial records to the Associated Press.  The audited reports released by the Pirates show slightly over $15M in profits in 2007, $14.4M in 2008, and $5.4M in 2009.  More significantly, Kovacevic reports that, according to the Pirates, Bob Nutting has not taken any salary or management fee, and...

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Changes at the Top — Impact of the Pirates’ Draft

The Pirates’ 2010 draft signings changed the profile of their farm system in a hurry.  Earlier in the season, the system had graduated several top prospects in Pedro Alvarez, Jose Tabata and Brad Lincoln, as well as Neil Walker, who’s suddenly re-emerged as one of the organization’s best young talents.  We’ve each taken a look, in the form of top ten prospect lists, at how the system stands now. Tim 1.         Jameson Taillon, RHP 2....

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State College at Aberdeen, August 13-14

Aberdeen 3, State College 2 (11 inn.) State College 1, Aberdeen 0 State College split the first two games of a weekend series at Aberdeen, home of Billy Ripken and his late father, Cal, Sr.  The Spikes lost the first game in 11 innings, 3-2, but came back the next night with a 1-0 win. A couple asides here before I start.  For one, the radar gun at Ripken Stadium sure seemed slow to me on Friday night.  Either the pitchers set an...

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