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

Successful billionaire interested in both the Mets and the Dodgers for some reason

8 Comments

Last April Steven Cohen — a bald man with glasses and thus, with the exception of having eight billion dollars to his name, is like me in most respects — was reported to be interested in buying into the Mets.  Then that all went away as he got involved in the bidding for the Los Angeles Dodgers.

But guess what? He still wants that minority stake in the Mets, and according to the Los Angeles Times, he is on the verge of getting that stake:

Steven Cohen, the billionaire investor trying to buy the Dodgers, is on the verge of becoming a minority owner in his hometown New York Mets. The deal would not preclude Cohen from pursuing the Dodgers, according to two people familiar with the transaction but not authorized to discuss it.

Not surprisingly, a hedge fund guy is hedging his bets. If he gets the Dodgers, he owns the Dodgers. If he doesn’t, he has his foot in the door and is through the approval process with Major League Baseball in the event that the Mets are sold outright.

In that case — assuming the team isn’t in bankruptcy — the blessing of Major League Baseball will be way more important than almost anything. And having given Bud Selig’s best buddy Fred Wilpon $20 million to tide him over will certainly put Cohen in Selig’s good graces.

But if he gets the Dodgers, he will have to sell that Mets stake. Which seems like it’d be difficult. But I guess we can file that under Billionaire Hedge Fund Manager Problems.

Video: Adam Wainwright crushes a three-run homer into the second deck

St. Louis Cardinals' Adam Wainwright connects for a three-run triple against the Arizona Diamondbacks during the sixth inning of a baseball game Wednesday, April 27, 2016, in Phoenix. (AP Photo/Ross D. Franklin)
AP Photo/Ross D. Franklin
Leave a comment

Adam Wainwright has been bringing the lumber lately. The Cardinals’ pitcher delivered a three-run triple in his previous start, last Wednesday, against the Diamondbacks.

During Monday’s start against the Phillies, he doubled to lead off the third inning. Then, in the top of the fourth, he absolutely demolished a Jeremy Hellickson offering for a three-run home run into the second deck at Busch Stadium to tie the game at three apiece.

It’s the seventh home run of Wainwright’s career and brings his season total up to six RBI, matching a career high.

Video: A Delino DeShields base running gaffe costs the Rangers a run

Texas Rangers' Delino DeShields reacts after he struck out swinging to end the tenth inning of a baseball game against the Seattle Mariners, Wednesday, April 13, 2016, in Seattle. The Mariners beat the Rangers 4-2 in ten innings. (AP Photo/Ted S. Warren)
AP Photo/Ted S. Warren
4 Comments

The Rangers would’ve easily taken a 2-1 lead in the top of the seventh inning of Monday’s game against the Blue Jays if not for a base running mistake by Delino DeShields.

Facing R.A. Dickey, Mitch Moreland led off the frame with an infield single. He advanced to second base on a passed ball. After Elvis Andrus flied out, Brett Nicholas drew a walk and DeShields singled to right, loading the bases. Gavin Floyd came in to relieve Dickey, facing Rougned Odor.

Odor skied a fly ball to right-center, which seemed like an obvious sacrifice fly. Center fielder Kevin Pillar made the catch and alertly made a strong throw into second base. Moreland tagged up and scored from third, and DeShields was attempting to tag up on the play as well. However, DeShields was tagged out by shortstop Troy Tulowitzki. The play was reviewed and the ruling on the field — that Moreland scored before DeShields was tagged out — was overturned, erasing the run from the board. That left the game in a 1-1 tie.

The Rangers would eventually take a 2-1 lead in the top of the eighth when Nomar Mazara drilled a solo home run to center field off of Floyd. All’s well that ends well, right?

Angel Pagan out four to five days with a strained hamstring

San Francisco Giants' Angel Pagan complains after being called out stealing second base against the San Diego Padres during the ninth inning of a baseball game Thursday, Sept. 24, 2015, in San Diego. The play was reviewed, and Pagan was ruled safe. (AP Photo/Gregory Bull)
AP Photo/Gregory Bull
1 Comment

Giants outfielder Angel Pagan has been diagnosed with a Grade 1 strain of his left hamstring which will leave him out of action for the next four to five days, Henry Schulman of the San Francisco Chronicle reports. Pagan suffered the injury running the bases during Sunday’s game against the Mets.

The Giants are hopeful that Pagan will avoid needing a stint on the disabled list. For now, they intend to use a combination of Gregor Blanco and Mac Williamson in left field in Pagan’s absence.

Pagan, 34, was hitting well, compiling a .315/.366/.457 triple-slash line along with a pair of homers and stolen bases in 101 plate appearances.

Pablo Sandoval will undergo surgery on his left shoulder

Boston Red Sox third baseman Pablo Sandoval heads to the dugout at the end of the seventh the inning of a baseball game against the Miami Marlins, Wednesday, Aug. 12, 2015, in Miami. The Marlins won  14-6. (AP Photo/Alan Diaz)
AP Photo/Alan Diaz
24 Comments

Update #2 (8:33 PM EDT): Sandoval is expected to miss the rest of the season, ESPN’s SportsCenter tweets.

*

Update (8:06 PM EDT): Per Pete Abraham of the Boston Globe, Sandoval will be undergoing a “significant” operation and faces a “lengthy” rehab.

*

Red Sox third baseman Pablo Sandoval will undergo surgery on his left shoulder, per Jon Morosi of FOX Sports. Sandoval visited Dr. James Andrews on Monday, Evan Drellich of the Boston Herald reports. Sandoval had been on the disabled list since April 13 (retroactive to the 11th) with the shoulder injury.

Sandoval has had a tumultuous 2016 season. He showed up to spring training appearing to be in less than ideal shape. He proceeded to hit a meager .204 in 49 spring at-bats and lost out on the third base job to Travis Shaw. Sandoval went hitless with a walk in seven plate appearances to begin the regular season before the injury woes took hold.

The Red Sox haven’t yet released details, including the timetable for Sandoval’s recovery, so once that is known, we’ll provide updates.