A-Rod invests in coconut water brand, but endorses another

11 Comments

Darren Rovell does great work at CNBC covering a range of sports business topics and also runs one of the most interesting Twitter feeds around. He’s been talking for several weeks about a rising product called “coconut water,” which is quickly gaining big-time investors and big-time pitch men from the sports world.

Yankees third baseman Alex Rodriguez is one of those pitch men. And, well, he’s also an investor. Let the conflict begin.

Vita Coco, a brand of coconut water that did $40 million in business last year, announced Wednesday that it had signed Rodriguez to an endorsement deal and even released a picture (seen on the right) with A-Rod holding their product. But Rovell heard Wednesday that the slugger is actually a long-time investor in another coconut water brand called Zico, and that his ad for Vita Coco has now caused confusion within both companies.

A-Rod attempted to bring clarity to the matter in typical clumsy fashion on Wednesday:

“I don’t discuss my personal investments,” Rodriguez told CNBC, in statement read by his business manager, Guy Oseary. “What I will say is that since Zico changed their formula to concentrate, I felt that the taste and functionality was compromised and that’s when I started to only drink Vita Coco. I love the taste and purity of Vita Coco.”

So A-Rod pumped money into a coconut water brand, then decided he liked another coconut water brand better and is now helping to sell product for a competitor. Zico CEO Mark Rampolla told Rovell this week that if Rodriguez “truly feels that he made a better choice, we’ll be more than happy to return his money.”

Mets place Zack Wheeler on the 10-day disabled list

Jim McIsaac/Getty Images
Leave a comment

The Mets announced on Monday that starter Zack Wheeler has been placed on the 10-day disabled list with a stress reaction in his right arm. Pitcher Tyler Pill has been recalled from Triple-A Las Vegas.

Wheeler, 27, has a 5.21 ERA with an 81/40 K/BB ratio in 86 1/3 innings this season. He joins a long list of injured Mets, including rotation mates Noah Syndergaard, Matt Harvey, Tommy Milone, and Robert Gsellman. It’s not clear at the moment how long Wheeler will be out.

Pill, 27, has spent most of his season with Las Vegas, with which he has a 3.47 ERA over 13 starts. He has made three starts and two relief appearances in the majors this season as well.

Report: Royals acquire Brandon Maurer, Ryan Buchter, Trevor Cahill from Padres

Denis Poroy/Getty Images
2 Comments

Robert Murray of FanRag Sports reports that the Royals are acquiring pitchers Brandon Maurer, Ryan Buchter, and Trevor Cahill from the Padres in exchange for Matt Strahm, Travis Wood, and Esteury Ruiz. Jon Heyman has confirmed the deal.

Maurer, 27, has saved 20 games for the Padres this year despite a 5.72 ERA. He carries with him a 38/8 K/BB ratio in 39 1/3 innings. The right-hander is arbitration-eligible going into the next two seasons and can become a free agent after the 2019 season.

Buchter, 30, owns a 3.05 ERA with a 47/18 K/BB ratio in 38 1/3 innings of relief work this season with the Padres. He’ll be under team control through 2021.

Cahill, 29, has posted a 3.69 ERA with a 72/24 K/BB ratio in 61 innings across 11 starts. He can become a free agent after the season.

Strahm, 25, put up a 5.45 ERA with a 37/22 K/BB ratio in 34 2/3 innings. He underwent season-ending knee surgery on July 7 and will miss the rest of the season.

Wood, 30, has a 6.91 ERA with a 29/20 K/BB ratio in 41 2/3 innings. Given his experience out of both the starting rotation and the bullpen, he can pitch in a swingman role. The lefty is under contract next year for $6.5 million. Wood has a mutual option for 2019 worth $8 million with a $1 million buyout.

Ruiz, 18, signed with the Royals as an international free agent out of the Dominican Republic in July 2015. This season, in rookie ball, he hit .419/.440/.779 in 91 plate appearances. Ruiz has played both second base and shortstop.