The asset management firm that helped one of the Red Sox’s principal owners to amass his fortune is no more. John W. Henry & Company will shut down at year’s end, the company announced Friday.
The Wall Street Journal reports that Henry’s company managed more than $2.5 billion in 2006, but today oversees less than $100 million. Not all that money was necessarily lost, but it seems safe to suggest that Henry hadn’t been attracting new investors since taking a big hit in the market downturn.
The news figures to touch off a new round of “will the Red Sox be sold” stories, but the fact is that Henry’s company has been weak for four or five years now and shuttering it probably won’t affect his fortunes much.
Yankees first baseman Greg Bird gave his team tons of confidence to hand him the everyday job at first base to start the 2017 regular season, batting .451/.556/1.098 with eight home runs in 51 spring at-bats. But he’s followed that up by hitting .107/.254/.214 through the first month of the regular season.
GM Brian Cashman doesn’t have any intent to demote Bird back to Triple-A Scranton/Wilkes-Barre, MLB.com’s Bryan Hoch reports. Cashman said, “It’s not even an option for me in my mind right now, at all.”
Bird didn’t start Sunday’s game against the Orioles, a 7-4 loss in 11 innings. Lefty Wade Miley started for the Orioles, prompting manager Joe Girardi to put Chris Carter into the lineup at first base. If Bird isn’t able to figure things out, Carter might have an increased role on the team.
Rays starter Chris Archer threw his first pitch to Blue Jays outfielder Jose Bautista behind the slugger’s back with one out in the first inning of Sunday afternoon’s game in Toronto. Bautista and Archer then had a staredown. Home plate umpire Jim Wolf issued warnings to both teams. Bautista ultimately flied out to right field and he appeared to have a quick word with Archer on his way back to the dugout.
Archer could have been exacting revenge — euphemistically known as “protecting his teammate” — because Jays reliever Joe Biagini hit Rays outfielder Steven Souza in the seventh inning of Saturday’s game. Souza was forced to leave the game and underwent an X-ray, which came back negative. He was held out of Sunday’s lineup. Biagini’s pitch did not appear to be intentional.
The Jays won Sunday’s contest 3-1 with no further incident. The two clubs meet again in Tampa for a three-game series starting on May 5, so we’ll see if Sunday was the last of the bad blood between them.