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

Would-be Mets, Dodgers or Padres owner Steven Cohen implicated in insider trading scheme


Remember Steven Cohen?  He’s the billionaire hedge fund guy who (a) bought a minority interest in the Mets; then (b) tried to buy the Dodgers; and (c) turned south to San Diego and the Padres when that didn’t work?

Unlucky for him that he couldn’t become a baseball owner no matter how hard he tried.  Not so unlucky for Major League Baseball:

U.S. officials for the first time Tuesday implicated Steven A. Cohen, the founder of SAC Capital Advisors LP, in an alleged insider-trading scheme they said was the most lucrative ever to be charged.

Traders in his firm had been tied up with this for a while, but he had been said not to have had any part in it.  Cohen is not a defendant in the case, but he’s now mentioned in the criminal complaint as “Investor A” and will likely be a big part of the criminal prosecution coming out of this mess.

Can you imagine if he had got the Dodgers and couldn’t make it to some owners meeting because of a criminal subpoena? Yeah, that woulda been awesome.

Miguel Cabrera, Dee Gordon win AL and NL batting titles, respectively

Miguel Cabrera
AP Photo

Tigers first baseman Miguel Cabrera didn’t play in the Tigers’ season finale against the White Sox, but he has officially clinched the AL batting title with a .338 average following Sunday’s action. It’s Cabrera’s fourth batting title in his last five seasons.

Marlins second baseman Dee Gordon entered Sunday’s season finale with a bit more pressure. He was in a tight race with Nationals outfielder Bryce Harper for the NL batting title, trailing only by rounding to the fourth place, .3307 to .3306. Gordon went 3-for-4 in a loss to the Phillies while Harper went 1-for-4 in a loss to the Mets. As a result, Gordon officially won the NL batting title with a .330 average. It’s the first batting title of Gordon’s brief career. Hanley Ramirez was the Marlins’ last batting champion, doing so in 2009.

Report: Angels to announce Billy Eppler as new GM on Monday

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Bill Shaikin of the Los Angeles Times reports that the Angels are expected to announce Billy Eppler as their new general manager on Monday. Eppler had been serving as the assistant general manager with the Yankees.

Jerry DiPoto had been the Angels’ GM but he stepped down on July 1. DiPoto later joined the Red Sox in an advisory role, then was named the Mariners’ new GM last week.

The Angels lost to the Rangers in Sunday’s season finale, which eliminated them from contention for the second AL Wild Card spot. They finished 85-77. Most of their regulars are under contract for the 2016 season, but Eppler will have to decide whether to tender contracts to seven arbitration-eligible players while filling in the rest of the roster.