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.

The 2005 White Sox continue to be erased

Leave a comment

We noted yesterday that in the rush to name the Cubs the saviors of Chicago sports fans everywhere, the 2005 Chicago White Sox — and the 1959 White Sox for that matter — are being completely overlooked as World Series champs and pennant winners, respectively.

That continued last night, as first ESPN and then the Washington Post erased the Chisox out of existence in the name of pushing their Cubs-driven narrative. I mean, get a load of this graphic:

Was there no one at the world’s largest sports network — not an anchor, production assistant, researcher, intern or even a dang janitor who could tell them what was wrong with this? Guess not!

Meanwhile, the normally reliable Barry Svrluga gives the Cubs the 2004 Red Sox treatment as a group of players who will never have to buy a drink in their city again. His story is better about keeping it franchise-centric as opposed to making it a city-wide thing, but whoever is responsible for the tweet promoting the story makes a Cubs World Series a unique thing for not just Cubs fans, but Chicago as a whole:

The White Sox play in the AL Central so I assume their fans have no love at all for the Cleveland Indians. But I can’t help but think a good number of them are rooting for the Tribe simply to push back against the complete whitewashing of the White Sox.

Kyle Schwarber is on a private plane en route to Cleveland

PHOENIX, AZ - APRIL 07:  Kyle Schwarber #12 of the Chicago Cubs bats against the Arizona Diamondbacks during the MLB game at Chase Field on April 7, 2016 in Phoenix, Arizona.  (Photo by Christian Petersen/Getty Images)
Getty Images

This is happening, people.

Earlier we heard Joe Maddon being non-committal about Kyle Schwarber joining the Cubs for the World Series. Now it seems pretty clear that the Cubs are committal indeed: Jon Morosi reports that Schwarber is en route to Cleveland from Arizona on a private jet and that he’s expected to DH in Game 1 tomorrow night.

Schwarber hasn’t played in a game that counted since April 7. His potent bat is could be a windfall for a Cubs team that didn’t have a game-changing option at DH in the American League park.

Schwarber lost the whole season due to a knee injury, but he hit .246/.355/.487 with 16 homers and 43 RBI in 69 games as a rookie in 2015. His big coming out party was in the playoffs, however, when he hit three homers in five postseason games while going 7-for-13 with two walks in five games.