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.

Giants place Hunter Pence on 10-day disabled list with right thumb sprain

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The Giants placed outfielder Hunter Pence on the 10-day disabled list with a right thumb sprain, per an official announcement on Friday. Pence initially sustained the injury during the club’s home opener on April 3, when he dove to intercept a line drive double from Robinson Cano and jammed his thumb. Weeks of playing through the pain hasn’t worked, so he’ll take a breather while the Giants give outfielder Mac Williamson a chance to start in left after getting called up from Triple-A Fresno.

Pence, 35, wouldn’t pin his recent struggles on his injury, but it’s clear that he’s having difficulty finding his footing this year. He slashed a meager .172/.197/.190 through 61 plate appearances in 2018, collecting just one extra-base hit and two walks during the Giants’ dismal 7-11 stretch. While it’s far too early in the season to make any final judgments, it doesn’t look like the veteran outfielder will be replicating the .275+ average, 4.0+ fWAR totals of years past (at least, not anytime soon).

Williamson, meanwhile, has gotten off to a hot start in Triple-A. Prior to his call-up this weekend, the 27-year-old batted an incredible .487/.600/1.026 with six home runs and a 1.626 OPS through his first 50 PA. A hot Triple-A bat doesn’t always survive the transition to the majors, but the Giants will use all the help they can get — especially as they take on the AL West-leading Angels this weekend.