Tuesday, February 15, 2011

Yes, please and thank you

Yesterday not only did the Cubs lock up the one and only Carlos Marmol for his final two years of arbitration and his first year of free agency for a cool $20 million, but Radiohead also dropped a bomb on the world, announcing their eighth full-length album The King of Limbs would be released digitally this coming Saturday. Scott Plagenhoef at Pitchfork sums it up nicely:

So Radiohead have set aside the "pay what you want" patronage model that dominated the conversation surrounding the In Rainbows release, yet have retained that album's more important business aspects: Packaging their music as a high-end collectable and controlling and monetizing its leak, which has the effect of creating what these days is a rare, worldwide, collective listening experience. Once again, we all know exactly when we're first able to hear a new Radiohead record and therefore will largely all experience it together, something almost completely lost in today's pop music landscape.

Marmol submitted $5.65 for arbitration while the Cubs had countered with $4.1. For the sake of argument, the Cubs would have been on the hook for about $4.875M in 2011 if they settled before a hearing. In 2010, players saw an average arbitration increase of 107%, meaning Marmol would have seen a raise likely nearing $8 million in 2012, and his worth on the open market for 2013 would have been around $10 million.

Marmol received a $1 million signing bonus as a part of his $3.2 million salary for 2011. Marmol will receive $7 million in 2012 and $9.8 million in 2013. Add it all up and the Cubs saved a few million dollars by locking up their closer and buying out a year of free agency. While there is always a risk of injury for someone who throws as many sliders as Marmol, he has been essentially injury free as a pitcher and this looks to be a low risk deal.

Also seemingly low-risk is pre-ordering the new Radiohead album, which I did immediately upon hearing the news. Billed as a “Newspaper” album, I honestly do not have a clue what that means. The world will find out Saturday, February 19th.

Pre-order @ http://www.thekingoflimbs.com/

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