What's the big deal with signing a free agent power pitcher with a torn rotator cuff? Oh by the way his current team is making no attempt to resign him. Don't sweat it - we've got insurance!
From Bill Shaikin:
"At the time the Dodgers entered into the policy with ACE," the suit reads, "both the Dodgers and ACE were aware that Mr. Schmidt had for some time during his career with the San Francisco Giants been suffering from a partial tear of the rotator cuff in his right [pitching] shoulder."
We're not sure why, but we love this story. How many people had to sign off on this deal? What's the premium to insure a $47 million contract on a dude that's already injured?
We're starting to love the Cabal of Ineptitude.