Ballplayers at the top of a ponzi scheme

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Here’s Scott Boras’ comment back in February when it was revealed that several baseball players were among the clients of suspected fraudster Robert Allen Stanford:

“The broker dealers the players have chosen have advised our
personal management auditors the players are not in jeopardy of losing
money.”

Here’s the news from yesterday:

The lawyer trying to recover the money from R. Allen Stanford’s
purported Ponzi scheme wants seven current and former Major League
Baseball stars who had invested with the accused swindler to turn over
millions of dollars, mostly of the players’ own money.

Ralph S. Janvey, whom the Securities and Exchange Commission
appointed as the “receiver” in the case, wants to take $9.5 million
from the players, an amount that mostly consists of their initial
investments, so that the athletes’ money can be split up among all of
Mr. Stanford’s purported victims.

“The fact that the [ballplayers] are innocent investors and
committed no wrongdoing does not entitle them to retain proceeds
received from the fraudulent” scheme, lawyers for Mr. Janvey wrote in a
filing last week with the U.S. District Court in Dallas.

Oops.

The players who, if the motion is granted, stand to lose millions
include Greg Maddux, Johnny Damon, J.D. Drew, Andruw Jones, Carlos
Pena, and Jay Bell.

The question I asked back in February and for which I’d still like
an answer is whether Scott Boras — who makes a big deal about how he’s
a full-service representative — steered these guys to Stanford. Maybe
someone in a position to should ask him.

Corey Seager will be included on Dodgers’ World Series roster

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Jon Heyman of FanRag Sports reports that Dodgers shortstop Corey Seager will be on the team’s World Series roster.

Seager, 23, played in the NLDS but was left off the NLCS roster due to a lower back injury suffered in Game 3 against the Diamondbacks. He had three hits, including a triple, in 15 plate appearances in that series. During the regular season, Seager hit .295/.375/.479 with 22 home runs, 77 RBI, and 85 runs scored across 613 PA.

Charlie Culberson and Chris Taylor handled shortstop while Seager was absent. Both players were among the Dodgers’ best performers in the NLCS. With Seager back in the fold, Taylor will play mostly center field and Culberson will return to his bench role.