The British-based company later became known

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. -- Jeff Samardzija isnt sure where hell be by the
end of the season. Hes a good candidate to be traded by the Chicago Cubs given
his one-year contract and hes determined to pitch well whether he stays put or
gets dealt. "I know if I do my part and do what I expect of myself and what the
team expects of me, then everything else is clear about what the future holds,"
Samardzija said. "All I can do is increase my value as much as possible, and I
think in the end, its going to help the organization no matter what. Either it
helps the organization by keeping me here and proving that Im that guy, or I
increase my value and help them get prospects in return." For now a cloud hovers
over him. As pitchers and catchers worked out for the first time on Friday,
Samardzija stared at an uncertain future. Failed attempts at a long-term
contract led to trade talks and, ultimately, a one-year agreement worth
$5,345,000 to avoid arbitration on Saturday -- two days before his scheduled
hearing. Samardzija wouldnt reveal how wide the gap is for a longer contract.
"If there wasnt a gap we would have already signed," he said. "But both sides
are justified. Its not like anyones asking for some outlandish concept. I
understand where theyre coming from. They understand where Im coming from. Thats
really all there is to say." Are they still discussing a multi-year deal? "Were
not really going to talk about that," he said. "Were about this season. Were
looking to get ready to compete and win some ballgames. We dont want any
distractions whether its with that or the trade talks or this or that. To me,
its a no-comment. Im out there getting ready to do my thing and, like I said
before, put no doubt in anybodys minds about who I am or what I can be for this
team or this organization." The 29-year-old Samardzija is coming off an
unremarkable season that saw him go 8-13 with a 4.34 ERA, but he was one of only
10 pitchers with at least 200 innings and 200 strikeouts. Hes also not eligible
for free agency until 2015, an added plus for potential suitors. And with the
Cubs in a rebuilding mode, his days in Chicago could be winding down. "You
address it because its going to be talked about," new manager Rick Renteria
said. "What were going to try to do is make him understand that the only thing
that is significantly important to him is what he does between the lines."
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. -- Masahiro Tanaka knows that first appearance in a spring
training game for the New York Yankees will be scrutinized.
Ryan
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. The 30-year-old Kottaras served as Kansas Citys
backup catcher last season after being claimed off waivers from Oakland in
January.
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. -- The Minnesota Vikings released reserve cornerback A.LONDON -- Two days
after Sebastian Vettel won his fourth Formula One title, the spotlight shifted
to Londons High Court and the latest case that leaves the motorsports series
boss Bernie Ecclestones future in doubt. The longtime commercial head of F1 is
already under investigation in Germany over an alleged payment of $44 million
relating to the sale of the racing series in 2006. A German court wont say until
next year whether the 83-year-old Ecclestone will stand trial on charges of
bribery and incitement to breach of trust. German banker Gerhard Gribkowsky has
already been jailed for taking the payment from Ecclestone. Gribkowsky was in
charge of selling the bank BayernLBs stake in F1 to investment group CVC Capital
Partners. Now at the London trial that began on Tuesday, former F1 shareholder,
German media company Constantin Medien, is suing Ecclestone and three other
defendants for up to $144 million, claiming F1 was undervalued at the time of
the sale. Ecclestone -- estimated by Forbes magazine to be worth $3.8 billion --
was not at the High Court but is expected to give evidence next week. Philip
Marshall, representing Constantin Medien, accused Ecclestone of making a
"corrupt bargain" with Gribkowsky "to facilitate a sale of the Formula One Group
by a purchaser chosen by Mr. Ecclestone in return for remuneration (for
Gribkowsky) and a position (for Ecclestone) relating to Formula One going
forward." To that end, Constantin Medien is claiming it lost out due to the deal
negotiated by Gribkowsky. Gribkowsky is a defendant in the case along with
Ecclestones lawyer, Stephen Mullens, and the Ecclestone family trust, Bambino
Holdings. Ecclestone and Bambino benefited by more than $1 billion from the sale
of the 47 per cent stake, according tto Marshall, figures that gave F1 an
enterprise value of more than $3 billion in "stark contrast" to the actual value
of "just in excess" of $2 billion at the time of the sale.
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. "We see this transaction as being significantly
weighted for the benefit of Mr. Ecclestone and Bambino, and significantly to the
detriment of BayernLB," Marshall said. Ecclestone is accused of paying
Gribkowsky $44 million from 2006 to 2007. "A variety of means were used to
conceal the fact the payments were made," Marshall said. Marshall said the judge
would have to decide whether the payments were corrupt and if they resulted in
the stake being sold at a "significant undervalue." Robert Miles, the lawyer
representing Ecclestone, said Constantin Mediens claim "lacks any merit." "This
is an artificial, manufactured, complaint," Miles said, insisting there was "no
conspiracy" and Constantin "suffered no loss." Miles said in 2006 it had been
arranged that Gribkowsky would be given a "consultancy package" and Ecclestone
received "tax threats". Ecclestone built his powerbase in F1 from the 1970s and
helped to create the Formula One Constructors Association that controlled the
business side of the series, including selling the TV rights. The British-based
company later became known as Formula One Management. It has fought regular
tussles with the teams over finances, but has retained control of the global
motor racing extravaganza. CVC, having amassed a 63 per cent stake of F1, has
reduced its holding as other investors have come on board in recent years,
although a planned flotation has stalled. Ecclestones holding has been diluted
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Posted 08 Jun 2017

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