Red Sox owner John Henry’s investment firm to shut down

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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.

Reds sign outfielders Mason Williams and Rosell Herrera to minor league deals

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The Reds picked up outfielders Mason Williams and Rosell Herrera on minor league deals, MLB.com’s Mark Sheldon reports. Both Williams and Herrera will receive invites to spring training and could compete for backup outfield roles behind Adam Duvall, Billy Hamilton and Scott Schebler.

Williams, 26, completed a three-year track with the Yankees in 2017. He has yet to see a full season of playing time, however, and went 4-for-17 with two stolen bases during a five-game span with the club in 2017. While not a power hitter, his speed and steady contact rate produced a .263/.309/.318 batting line over 437 plate appearances in Triple-A Scranton/Wilkes-Barre, including two home runs, three triples and 19 stolen bases.

Herrera, 25, has yet to make his big league debut. After seven years in the Rockies’ system, he finally reached Triple-A Albuquerque in 2017 and slashed .278/.351/.394 with three home runs and 20 stolen bases in 363 PA. He looks most comfortable in the left field corner, but has some experience at shortstop and third base and should give the Reds a nice utility option come spring.