Hedge fund manager Cohen, founder and chairman of SAC Capital Advisors, responds to a question during an interview at the SALT Conference in Las Vegas

Billionaire hedge fund manager Steven Cohen is going to bid on the Dodgers

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If I had $8 billion to my name, you can pretty much assume that I’d be buying a baseball team. Don’t care which one, even. I’d buy one and hire all of my baseball man-crushes to run it and/or play for it and I’d sit in the owner’s box with the kind of women who like to hang out with octbillionaires while eating and drinking like I was a Roman emperor and there’s nothing you could do to stop me.

Connecticut-based hedge fund manager Steven Cohen has eight billion dollars. He may not have the same vision I have about how he’d behave as a baseball owner, but he certainly wants a baseball team. Or so says the L.A. Times. And he is serious about it:

Steven Cohen, a billionaire eight times over, is bidding for the Dodgers in a process tilted toward the high bidder. However, the East Coast hedge-fund executive is not content to let his wealth speak for itself. He has engaged one of America’s notable sports architecture firms to propose renovations to Dodger Stadium, allied himself with one of baseball’s power brokers, secured the support of at least two prominent Angelenos and met with several major league owners.

The power broker in question is agent Arn Tellem, who insiders think would run the Dodgers in some way, possibly as team president, if Cohen wins the auction for the team.

Cohen was last heard of in baseball circles back in April when he was said to be considering buying into the Mets. That never went anywhere, probably because guys with that kind of money and power typically don’t care to take a non-controlling interest in companies. Owning the Dodgers, however, is a different thing altogether.

Also a different thing: Cohen’s company, SAC Capital Advisors, has been in the news this year as a result of having two of its fund managers plead guilty to insider trading. Cohen has not been implicated, nor has the company as a whole, but there have been subpoenas and things and that kind of thing is always a mess.

It remains to be seen if that would cause Major League Baseball any headaches.  Though, as the article says, given that the Dodgers are being sold at auction, the league has a slightly smaller role to play in approving bidders than it normally would, with Frank McCourt having recourse to the bankruptcy court if he feels MLB is unreasonably withholding approval of a potential buyer.

Umpires Bob Davidson, Bob Hirschbeck, Jim Joyce, and Tim Welke have retired

PITTSBURGH - JUNE 12:  Home plate umpire Bob Davidson yells at bench coach Jeff Banister #17 of the Pittsburgh Pirates after tossing him from the game against the New York Mets during the game on June 12, 2011 at PNC Park in Pittsburgh, Pennsylvania.  (Photo by Jared Wickerham/Getty Images)
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MLB.com’s Brian McTaggart reports that umpires Bob Davidson, Bob Hirschbeck, Jim Joyce, and Tim Welke have retired.

Davidson, 64, was known as “Balkin’ Bob” for his tendency to call pitchers for balks. Davidson has also made a name for himself picking fights with players and managers, as well as unnecessarily escalating situations.

Hirschbeck, 62, didn’t quite have the reputation Davidson had, but he had a couple of notable incidents on his profile as well. Last year, when ejecting Twins slugger Miguel Sano, Hirschbeck said, “Get the [expletive] out of here.” In 2013, he threw a drum of oil on a fire that very easily could’ve been snuffed out with Bryce Harper.

Joyce, 61, was a well-liked and well-respected umpire who will go down in history for one mistake. On June 2, 2010, Tigers starter Armando Galarraga was one out away from a perfect game. Indians second baseman Jason Donald hit a weak grounder about halfway between first and second base. Miguel Cabrera went to his right to field it and flipped to Galarraga covering first base. It was a close call, but Joyce incorrectly ruled Donald safe, ruining Galarraga’s perfect game. To both Joyce’s and Galarraga’s credit, both handled the mistake with the utmost class.

Craig also wrote in detail about Joyce a few years ago. It’s worth a re-read.

Tim Welke, 59, actually announced his retirement last year, but I guess it wasn’t made official until recently. He underwent a left knee replacement procedure in January last year and then had his right knee replaced five months later.

Report: Facebook and MLB in discussions to stream one game per week

BARCELONA, SPAIN - FEBRUARY 21:  Founder and CEO of Facebook Mark Zuckerber gives his speach during the presentation of the new Samsung Galaxy S7 and Samsung Galaxy S7 edge on February 21, 2016 in Barcelona, Spain. The annual Mobile World Congress will start tomorrow and will host some of the world's largst communication companies, with many unveiling their last phones and gadgets.  (Photo by David Ramos/Getty Images)
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CNBC, citing Reuters, reports that Facebook and Major League Baseball are in discussions to stream one game per week.

Streaming is becoming more and more ubiquitous as it’s a more convenient way for people to access media they like. MLB Advanced Media, which handles MLB’s streaming service, is worth several billions of dollars. Last year, Disney paid $1 billion to purchase a 33 percent stake in BAMTech, the independent company MLBAM launched for its streaming.

Millennials and “Generation Z,” in particular, are driving the streaming trend. Forbes, citing the Digital Democracy Survey in 2015, reported that 56 percent of millennials’ media consumption was done via computer, smartphone, tablet, or gaming device. Those 30 years and older rely on television to watch film and TV shows at a clip higher than 80 percent.

Twitter is already in the sports streaming arena. It streams MLB, NFL, and NHL games as well as the PGA Tour.