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


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.

Indians strongly considering starting Carlos Santana in left field sans DH

TORONTO, ON - OCTOBER 19:  Carlos Santana #41 of the Cleveland Indians celebrates after hitting a solo home run in the third inning against Marco Estrada #25 of the Toronto Blue Jays during game five of the American League Championship Series at Rogers Centre on October 19, 2016 in Toronto, Canada.  (Photo by Elsa/Getty Images)
Elsa/Getty Images
Leave a comment

Indians slugger Carlos Santana hasn’t played in the outfield in a major league game since 2012, but the Indians are strongly considering starting him in left field for Game 3 of the World Series at Wrigley Field on Friday, MLB.com’s Jordan Bastian reports. As the game is hosted in a National League park, there is no DH rule in effect, so the Indians might otherwise have to keep Santana on the bench.

Santana is hitless in six at-bats in the World Series thus far, but he has drawn two walks. He has overall not had a great postseason, carrying an aggregate .564 OPS in 40 plate appearances since the beginning of the playoffs. Still, during the regular season, he had an .865 OPS so he can certainly be a threat on offense at any given moment.

Kyle Schwarber has not been medically cleared to play the outfield

CLEVELAND, OH - OCTOBER 26:  Kyle Schwarber #12 of the Chicago Cubs reacts after hitting an RBI single to score Ben Zobrist #18 (not pictured) during the fifth inning against the Cleveland Indians in Game Two of the 2016 World Series at Progressive Field on October 26, 2016 in Cleveland, Ohio.  (Photo by Ezra Shaw/Getty Images)
Ezra Shaw/Getty Images
1 Comment

Earlier, Craig asked if Cubs slugger Kyle Schwarber would play the outfield now that the World Series has come to Chicago, where there will be no DH. The answer to that is no, it appears. Cubs president of baseball operations Theo Epstein said that Schwarber has not been medically cleared to play the outfield, CSN Chicago’s Patrick Mooney reports.

Schwarber returned to the Cubs sooner than expected after suffering a fully-torn ACL and LCL in his left leg during an early April collision with teammate Dexter Fowler in Arizona. In preparation to join the Cubs for the World Series, Schwarber went to the Arizona Fall League and reportedly saw over 1,000 pitches from machines as well as Single-A pitchers. He doesn’t look like he’s missed a beat as he went 1-for-3 with a walk and a double (that was very nearly a home run) in Game 1, then drew a walk and hit two RBI singles in five plate appearances in Game 2.

At least right now, however, it appears Schwarber will serve as a bat off the bench for Games 3, 4, and 5 until he gets medical clearance.