The Los Angeles Dodgers have carried out the most brazen exposition of financial might in the history of North American professional sports.
It is not the greatest trade in baseball history, nor is it the wisest. But it may be the boldest -- for better or worse. The Dodgers acquired first baseman Adrian Gonzalez, right-handed starter Josh Beckett, (injured) outfielder Carl Crawford and infielder Nick Punto from the Boston Red Sox. In a society that tries not to act surprised by much, the transaction is flabbergasting to both fans and industry veterans.
Gonzalez, Beckett and Crawford are owed a cool $250 million among them after the end of this season. From a purely financial perspective, the sport has never seen a trade of this magnitude. The Red Sox are sending $12 million to the Dodgers in the exchange, according to my colleague Ken Rosenthal. That is a relative pittance -- the equivalent of kicking in about $240,000 to defray the salary of a $5 million player.
The Dodgers are ...