A great, though not new story about Prime Minister Pete Nice and baseball memorabilia

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I was involved in a random Twitter exchange with Jason Collette and Kevin Goldstein from Baseball Prospectus today in which the subject of 3rd Bass came up.  No, not the hot corner, but the hip hop group best known for the single “Pop Goes the Weasel.”  Yeah, that was a long time ago, but neither Jason, Kevin nor I are that young, so it’s OK.

The mention of 3rd Bass reminded me that Pete Nash — more famously known as Prime Minister Pete Nice of 3rd Bass fame and the guy in the middle of the above pic — was a big baseball historian and memorabilia collector.  I couldn’t remember where I heard that but I knew it was the case.  Collette shot me a link to a Sports Illustrated story from a little over a year ago that jogged my memory.  Seems that Nash/Nice was so big a memorabilia collector that it drained his fortune, got him involved in all kinds of litigation and eventually led to a determination that he committed fraud related to phony baseball memorabilia. Fun times.

It’s fascinating stuff, as is the whole memorabilia market, really.  I dabbled it in a bit with baseball cards, which is the far more respectable end of the memorabilia pool.  When you get into old jerseys and letters and equipment and various other sorts of arcana, it gets dicey and seedy pretty fast.  This quote from the article sums up my experiences with it:

For all its many upstanding, passionate collectors, the baseball-memorabilia subculture is also a notoriously seedy shadowland of Mametesque schemers and dreamers, thick with forgeries and thefts, conflicts of interest, dubious “authenticators,” shill bidding, card doctoring and any number of other dubious practices. “The hobby is mostly filled with low-life hucksters, some of whom grow up to own important auction houses,” says a longtime collector of early baseball material. “You can count the number of people who are smart and educated and honest on one hand.”

I’ve mentioned that client I used to have who was a rare coin dealer and who got thrown in jail for 20 years over a $50 million fraud?  Well, he dabbled in the memorabilia business too. He told me once that he never got into it too seriously, however, because it was “too damn crooked.”  Really.

Anyway, if you like old baseball memorabilia or if you simply like 3rd Bass, it’s a good read.

Report: Phillies interested in Manny Machado; Orioles have done homework on Phillies’ minor league system

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Orioles third baseman Manny Machado will become a free agent after the 2018 season and there hasn’t been much in the way of progress on a contract extension between the two sides. It seems as if Machado will test the open market next offseason.

The Phillies, currently with relatively minuscule obligations for the 2018 season and beyond, are expected to be big players for Machado, as well as other potential free agents like Bryce Harper. In fact, the Phillies may not even want to wait until next offseason, as Roch Kubatko of MASN reports that the club has expressed interest in Machado to the Orioles. In return, the O’s have been doing their homework on the Phillies’ minor league system.

Kubatko notes that the Orioles like, in particular, Phillies prospects Sixto Sanchez and Scott Kingery. The Phillies may be hesitant to part with either considering they can get Machado for a lot of cash but no prospects next winter. MLB Pipeline rates Sanchez as the Phillies’ best pitching prospect and the second-best prospect overall in the system. Kingery is third overall and the top infielder. While the Phillies’ system is among the best in baseball, its notable weakness is pitching, so parting with Sanchez — who throws in the upper 90’s and can hit triple digits — would be a big ask. Kingery is seen as the club’s next second baseman of the future, so much so that the Phillies are shopping Cesar Hernandez at the Winter Meetings.

As usual with rumors during the Winter Meetings, there may be some smoke but no actual fire here. The Orioles are likely to get continued interest in Machado from many teams between now and the July 31 non-waiver trade deadline. They are simply doing their due diligence by seeing what the Phillies and others have to offer for Machado.