In light of hedge fund manager David Einhorn buying into the Mets, The Wall Street Journal makes an observation this morning:
Einhorn is poised to join a growing number of sports team stakeholders who have come to this highly eccentric vocation bearing one basic skill: the ability to manage enormous sums of money. Over the past decade, hedge-fund managers and elite financiers—many of whom are from New York or who made their fortunes here—have emerged as the first people bankers call when they have a major sports franchise to dispose of.
I suppose courting owners whose skill is “manging enormous sums of money” is preferable to baseball’s old m.o. of courting owners whose calling card seems to be a striking inability to manage enormous sums of money. So hey — progress.
Phillies third baseman Will Middlebrooks suffered a serious injury during Saturday’s Grapefruit League contest against the Orioles. The infielder was chasing down a pop fly in the eighth inning when he ran into left fielder Andrew Pullin, who inadvertently trapped Middlebrooks’ ankle under his leg. Middlebrooks was unable to put weight on his leg following the collision and was carted off the field and taken to a local hospital for X-rays.
Per MLB.com’s Todd Zolecki, not much is known yet about the severity of the ankle injury or the recovery time it will require, though it appears serious enough to set Middlebrooks back considerably as he seeks a backup/bench role with the team this spring.
The 29-year-old is currently seeking another opportunity to extend his six-year major-league career in 2018. He’s coming off of two down years with the Brewers and Rangers, during which he slashed a cumulative .169/.229/.262 with four extra bases through 70 plate appearances.