Phillies Trounce Mets as Wagner Melts Down

(NEWSER) - The biggest move on today’s baseball trading deadline looks to be one that wasn’t made, Fox Sports reports: Toronto kept ace right-hander Roy Halladay, who’d drawn interest from contenders in both leagues. The biggest name dealt was right-hander Jake Peavy, sent from San Diego to the Chicago White Sox for four young pitchers, Sports Illustrated notes. More»

3-time Cy Young winner agrees to $1M contract

(AP) - Pedro Martinez has agreed to a contract with the Philadelphia Phillies, the team’s general manager said today. Terms were not disclosed, but the deal is reportedly worth $1 million for one year. The 37-year-old Martinez went 5-6 with a 5.61 ERA for the New York Mets last season. The free agent pitched in the World Baseball Classic before this season. More»

Says he has $50K in assets, owes $10-$15M

(NEWSER) - Former New York Met and Philadelphia Phillie Lenny Dykstra has filed for Chapter 11 bankruptcy protection in California yesterday, citing no more than $50,000 in assets and debts between $10 million and $50 million, the Philadelphia Inquirer reports. After making $36.5 million playing ball, Dykstra launched a magazine for pro athletes in 2008; employees said he didn’t pay his bills. More»

Marlins come bottom in latest ranking of baseball's MVTs

(NEWSER) - The New York Yankees' $1.5 billion valuation lands them solidly in the top spot in the Forbes ranking of baseball's most valuable teams. The crosstown Mets came second, trailing by almost $600 million. The Yanks, however, were one of only two teams to lose money last season, dropping $3.7 million. The Detroit Tigers lost a whopping $26.3 million. More»

The teams in this match-up make it worth watching

(NEWSER) - Nobody's watching the World Series, and this year, writes Gene Wojciechowski for ESPN, everybody's missing out. Both the Rays and the Phillies came from behind to get here. They’re both managed by colorful characters: One wears a Mohawk, and the other would “rather swallow a wad of chaw.” The games are full of great rookies and vets, and “have been decided by a grand total of four runs.” More»