■ FORMULA ONE
Teams agree to cost cuts
The world governing body and teams have agreed to significant cost cuts from next year, the International Automobile Federation (FIA) said on Wednesday. “FIA and FOTA [Formula One Teams Association] have had the most successful meeting on Formula One matters which any of the participants can remember,” the FIA said in a statement after a meeting in Monaco. “Agreement was reached on measures to meet all the objectives originally put forward by the FIA for 2010 and thereafter. In addition to which, FOTA have now made proposals for very significant cost saving in 2009, while maintaining Formula One at the pinnacle of motor sport and reinforcing its appeal.” The proposals will be put to the FIA’s World Motor Sport Council today for final approval, after which details will be released.
Sabathia close to deal
C.C. Sabathia, the 28-year-old left-handed pitcher who is Major League Baseball’s most prized free agent, has decided to accept a record-setting offer from the New York Yankees. ESPN reported on Wednesday that a deal was close to being finalized that would bring Sabathia to the Yankees for US$161 million over seven years, which would be second only to Yankee Alex Rodriguez as baseball’s richest contract. The New York Post reported Sabathia has accepted a deal for US$140 million over six years, making the decision on Tuesday night at his San Francisco home in a meeting with Yankees general manager Brian Cashman. In either case, the deal would smash the old mark for pitchers, the six-year deal for US$137.5 million that Johan Santana signed with the New York Mets last year.
Ronaldo set to ink contract
Striker Ronaldo is set to sign a one-year contract with Brazilian club Corinthians today, club president Andres Sanchez and the player’s agent Fabiano Farah said. The twice European player of the year (1997, 2002) injured his left knee last February and has only played since in a UN organized match in Morocco last month. The 32-year-old, who won the World Cup in 1994 and 2002, was out of contract with AC Milan in the summer and recently refused an offer from Italian club Siena to pay him 98,000 euros (US$129,000) for each goal he scored for them.
Johnson to manage US
Former Major League manager Davey Johnson, who guided the US to a bronze medal at the Beijing Olympics, was named manager of Team USA for the World Baseball Classic on Wednesday. New York Yankees captain and shortstop Derek Jeter was also confirmed as Team USA’s first player during announcements made at the Major League Baseball Winter meetings in Las Vegas.
Malaysia keen on Withe
Malaysia are keen to appoint former England international Peter Withe as their new coach after the team crashed out of the AFF Suzuki Cup in the group stages, a report said yesterday. Withe has plenty of experience in Asia, having previously coached Thailand and Indonesia. The New Straits Times quoted a Football Association of Malaysia (FAM) official as saying that the former Aston Villa striker would fly to Kuala Lumpur next week for talks. “Peter is an excellent coach, but he is expensive and FAM will need to break its bank to have him in Malaysia, but it is possible,” the official said.