The post Cleveland Guardians Pay A Price For Pitcher Gambling Indictments appeared on BitcoinEthereumNews.com. CLEVELAND, OHIO – JULY 18: Emmanuel Clase #48 of the Cleveland Guardians celebrates the team’s 8-6 win over the Athletics at Progressive Field on July 18, 2025 in Cleveland, Ohio. (Photo by Nick Cammett/Getty Images) Getty Images The fact that two Cleveland Guardians pitchers have been indicted for alleged gambling violations is widely known. Also, since July, the two Cleveland pitchers have been investigated by Major League Baseball for violation of Major League Baseball’s gambling rules and regulations. One aspect of the indictments and investigations of Cleveland pitchers Luis Ortiz and Emmanuel Clase is not widely discussed. The Cleveland Guardians have paid a hefty price, and will pay a hefty price going forward, for the alleged gambling violations. Regardless of guilty or innocent verdicts against either or both Ortiz and Clase, the Guardians have felt both the financial and performance ramifications of the indictments. Regardless of guilty or innocent findings in the Major League Baseball investigations of alleged gambling rule violations, the Guardians have paid, and could still pay a hefty price. Two Important Guardians Pitchers: It is fair to say both Ortiz and Clase were important components of the Guardians pitching depth. Ortiz was viewed as a potential back-end of the rotation starter with a promising future. Clase was an All Star closer, counted upon to finish games for Cleveland with an overwhelming arsenal of wicked fastballs and sliders. Both are right-handed pitchers. SAN DIEGO, CALIFORNIA – MARCH 31: Luis Ortiz #45 of the Cleveland Guardians throws a pitch against the San Diego Padres during the first inning at Petco Park on March 31, 2025 in San Diego, California. (Photo by Orlando Ramirez/Getty Images) Getty Images Luis Ortiz: Luis Ortiz is 6-2, 235 pounds On December 10, 2024 Cleveland received Spencer Horwitz from the Blue Jays as part of… The post Cleveland Guardians Pay A Price For Pitcher Gambling Indictments appeared on BitcoinEthereumNews.com. CLEVELAND, OHIO – JULY 18: Emmanuel Clase #48 of the Cleveland Guardians celebrates the team’s 8-6 win over the Athletics at Progressive Field on July 18, 2025 in Cleveland, Ohio. (Photo by Nick Cammett/Getty Images) Getty Images The fact that two Cleveland Guardians pitchers have been indicted for alleged gambling violations is widely known. Also, since July, the two Cleveland pitchers have been investigated by Major League Baseball for violation of Major League Baseball’s gambling rules and regulations. One aspect of the indictments and investigations of Cleveland pitchers Luis Ortiz and Emmanuel Clase is not widely discussed. The Cleveland Guardians have paid a hefty price, and will pay a hefty price going forward, for the alleged gambling violations. Regardless of guilty or innocent verdicts against either or both Ortiz and Clase, the Guardians have felt both the financial and performance ramifications of the indictments. Regardless of guilty or innocent findings in the Major League Baseball investigations of alleged gambling rule violations, the Guardians have paid, and could still pay a hefty price. Two Important Guardians Pitchers: It is fair to say both Ortiz and Clase were important components of the Guardians pitching depth. Ortiz was viewed as a potential back-end of the rotation starter with a promising future. Clase was an All Star closer, counted upon to finish games for Cleveland with an overwhelming arsenal of wicked fastballs and sliders. Both are right-handed pitchers. SAN DIEGO, CALIFORNIA – MARCH 31: Luis Ortiz #45 of the Cleveland Guardians throws a pitch against the San Diego Padres during the first inning at Petco Park on March 31, 2025 in San Diego, California. (Photo by Orlando Ramirez/Getty Images) Getty Images Luis Ortiz: Luis Ortiz is 6-2, 235 pounds On December 10, 2024 Cleveland received Spencer Horwitz from the Blue Jays as part of…

Cleveland Guardians Pay A Price For Pitcher Gambling Indictments

CLEVELAND, OHIO – JULY 18: Emmanuel Clase #48 of the Cleveland Guardians celebrates the team’s 8-6 win over the Athletics at Progressive Field on July 18, 2025 in Cleveland, Ohio. (Photo by Nick Cammett/Getty Images)

Getty Images

The fact that two Cleveland Guardians pitchers have been indicted for alleged gambling violations is widely known.

Also, since July, the two Cleveland pitchers have been investigated by Major League Baseball for violation of Major League Baseball’s gambling rules and regulations.

One aspect of the indictments and investigations of Cleveland pitchers Luis Ortiz and Emmanuel Clase is not widely discussed.

The Cleveland Guardians have paid a hefty price, and will pay a hefty price going forward, for the alleged gambling violations.

Regardless of guilty or innocent verdicts against either or both Ortiz and Clase, the Guardians have felt both the financial and performance ramifications of the indictments.

Regardless of guilty or innocent findings in the Major League Baseball investigations of alleged gambling rule violations, the Guardians have paid, and could still pay a hefty price.

Two Important Guardians Pitchers:

It is fair to say both Ortiz and Clase were important components of the Guardians pitching depth.

Ortiz was viewed as a potential back-end of the rotation starter with a promising future.

Clase was an All Star closer, counted upon to finish games for Cleveland with an overwhelming arsenal of wicked fastballs and sliders.

Both are right-handed pitchers.

SAN DIEGO, CALIFORNIA – MARCH 31: Luis Ortiz #45 of the Cleveland Guardians throws a pitch against the San Diego Padres during the first inning at Petco Park on March 31, 2025 in San Diego, California. (Photo by Orlando Ramirez/Getty Images)

Getty Images

Luis Ortiz:

Luis Ortiz is 6-2, 235 pounds

On December 10, 2024 Cleveland received Spencer Horwitz from the Blue Jays as part of a deal for Platinum Glove winner, Andres Gimenez.

The Pirates then obtained Horwitz from Cleveland in exchange for the promising Luis Ortiz.

With Ortiz now under indictment and threatened with being banned for life by Major League Baseball, the Guardians have nothing to show for trading Gimenez to the Blue Jays.

Of equal importance, if he is banned from baseball or convicted, the Guardians will not have Ortiz available as part of their rotation.

At the age of 23, Ortiz was just beginning his big league career. He had shown promise in 16 2025 starts for Cleveland, prior to the MLB investigation beginning. His command and control were improving. His fastball was crisp. He was flashing swing-and-miss potential.

Finally, because he was suspended with pay by Major League Baseball, the Guardians were required to pay his full $782,600 2025 contract. They received only half of his potential starts.

Ortiz is not under contract to the Guardians for the 2026 season. Their financial obligation to him has been completed.

SAN FRANCISCO, CALIFORNIA – JUNE 17: Emmanuel Clase #48 of the Cleveland Guardians pitches against the San Francisco Giants in the bottom of the ninth inning at Oracle Park on June 17, 2025 in San Francisco, California. The Guardians won the game 3-2. (Photo by Thearon W. Henderson/Getty Images)

Getty Images

Emmanuel Clase:

Emmanuel Clase is 6-2, 206 pounds, although he has a much larger presence on the mound.

A dominating pitcher, Clase was an All Star closer in 2022, 2023, and 2024.

In his career, Clase has closed 182 games, in parts of three seasons.

He recorded 42 saves in 2022, 44 saves in 2023, and 47 saves in 2024, branding himself as the best closer in baseball among many scouts and analysts.

Appearing in only 48 2025 games due to the MLB gambling investigation, Clase recorded only 24 saves.

The Guardians were left without their closer at mid-season.

Cade Smith, very capable in his own right, has assumed the closer role for manager Stephen Vogt.

Clase signed a five-year, $20M contract with Cleveland that was scheduled to run from 2022-2026.

This coming season, Clase is scheduled to earn $6.4M of guaranteed money.

The Guardians hold two $10M options for Clase’s services in 2027 and 2028.

Clase’s contract was very favorable to Cleveland. It gave them a guaranteed closer for the foreseeable future, at a very reasonable contract rate.

As was the case with Ortiz, the Guardians paid the full year contract for Clase in 2025, as he was suspended with pay.

It is unknown what the future contract ramifications will be for Clase, but at least his 2026 season is guaranteed. However, his legal issues and/or a potential MLB suspension may negate his contract.

LAS VEGAS, NEVADA – MARCH 18: A status board with results and odds at Caesars Palace Race & Sports Book can watch multiple big-screens with different games, plus horse and dog racing at the same time while placing and monitoring bets, March 18, 2004 in Las Vegas, Nevada. (Photo by Getty Images/Bob Riha, Jr.)

Getty Images

Summary:

In addition to the Guardians losing the services of both Luis Ortiz and Emmanuel Clase for half the 2025 season, it is highly unlikely, and improbable they will be on the team moving forward.

The federal indictments against both pitchers could take time to resolve.

The Major League Baseball investigation into their alleged gambling issues also await resolution.

The Guardians have lost, and could be losing two viable pitchers. Especially Clase.

The Guardians have lost precious contract dollars that were paid to both Ortiz and Clase during the half season they didn’t pitch.

The Guardians could potentially lose the guaranteed $6.4M remaining on Clase’s contract, although it is unlikely he will pitch for them this coming season. That would negate his contract.

Finally, as a team, the Guardians players and manager Stephen Vogt have been impacted by the loss of performance from two quality pitchers.

Source: https://www.forbes.com/sites/berniepleskoff/2025/11/18/cleveland-guardians-pay-a-price-for-pitcher-gambling-indictments/

Market Opportunity
WINK Logo
WINK Price(WIN)
$0.00002878
$0.00002878$0.00002878
-0.17%
USD
WINK (WIN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

The post One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight appeared on BitcoinEthereumNews.com. Frank Sinatra’s The World We Knew returns to the Jazz Albums and Traditional Jazz Albums charts, showing continued demand for his timeless music. Frank Sinatra performs on his TV special Frank Sinatra: A Man and his Music Bettmann Archive These days on the Billboard charts, Frank Sinatra’s music can always be found on the jazz-specific rankings. While the art he created when he was still working was pop at the time, and later classified as traditional pop, there is no such list for the latter format in America, and so his throwback projects and cuts appear on jazz lists instead. It’s on those charts where Sinatra rebounds this week, and one of his popular projects returns not to one, but two tallies at the same time, helping him increase the total amount of real estate he owns at the moment. Frank Sinatra’s The World We Knew Returns Sinatra’s The World We Knew is a top performer again, if only on the jazz lists. That set rebounds to No. 15 on the Traditional Jazz Albums chart and comes in at No. 20 on the all-encompassing Jazz Albums ranking after not appearing on either roster just last frame. The World We Knew’s All-Time Highs The World We Knew returns close to its all-time peak on both of those rosters. Sinatra’s classic has peaked at No. 11 on the Traditional Jazz Albums chart, just missing out on becoming another top 10 for the crooner. The set climbed all the way to No. 15 on the Jazz Albums tally and has now spent just under two months on the rosters. Frank Sinatra’s Album With Classic Hits Sinatra released The World We Knew in the summer of 1967. The title track, which on the album is actually known as “The World We Knew (Over and…
Share
BitcoinEthereumNews2025/09/18 00:02