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Divish advocates splitting the position in two - one guy focused on the operations and one guy focused on baseball. I think that makes a lot of sense. Get a "make the trains run on time" COO to handle all of the business aspects of the job and devote the President to the baseball side of the equation. By all means, hire internal for that first position. But go for a Torre or a LaRusa type for the latter. A hire like that could be transformative for the entire organization. More transformative than any FA signing or payroll figure.