Maddux, Damon, Nady will not be sued

Leave a comment

Wilpon-bilker Bernie Madoff wasn’t the only fraudster with baseball connections.  This year’s other high profile Ponzi artist — Allen Stanford — had multiple baseball players as clients, all of whom had a portion of their assets frozen as the case against the Texas investor started to break last February.

Eventually the funds became unfrozen and the ballplayers — including Johnny Damon, Greg Maddux, Carlos Pena, Mike Pelfrey and Xavier Nady — withdrew their cash. As a result, all of them were facing lawsuits from the government seeking to grab back money on the basis that it should rightly go to other ripped-off investors. But now they’re in the clear, as a U.S. appeals court ruled yesterday that such lawsuits — known as clawbacks — can’t go forward.

Whether Johnny Damon’s new found liquidity will cause him to lower his contract demands remains to be seen.

Rangers claim Tommy Joseph off waivers from Philly

Getty Images
Leave a comment

The Texas Rangers claimed first baseman Tommy Joseph off waivers from the Phillies. Philadelphia designated Joseph for assignment last week to make room for Jake Arrieta.

Joseph hit 22 home runs and knocked in 69 in 142 games last season, but he did not get on base — or hit for power, for that matter — at the clip a first baseman needs to in order to be an asset, posting a line of .240/.289/.432. He had a better 2016, so it’s not that he’s without promise, but the Phillies have obviously decided to head in a different direction.

Joseph doesn’t really have a spot in Texas either with Joey Gallo handling first base and Shin-Soo Choo at DH, but he has an option left and could serve as depth for the Rangers, plying his trade at Round Rock until he’s needed.