As we noted yesterday, the Cubs are seeking minority investors in order to help fund the renovations to Wrigley Field and the development of the neighborhood around the ballpark. One potential investor? The most famous investor of them all:
Warren Buffett, the world’s fourth-richest person, is interested in investing in the Chicago Cubs, according to a source who traded candor for anonymity . . . The Ricketts family hails from Omaha, the same city that is home to Buffett’s holding company, Berkshire Hathaway .
Buffett has baseball ownership experience. Or at least investing experience, as he owned a minority share of the Omaha Triple-A team, so it’s not totally foreign territory for him.
It would be interesting, though, as being a minority shareholder in a closely held baseball team like the Cubs would give him little if any say in how the asset is managed. In a lot of ways doing that is a vanity investment, and Buffet is a lot of things, but a vanity investor is not one of them.
ESPN’s Jerry Crasnick reports that the Mariners are among the teams that have contacted the Reds about outfielder Jay Bruce. The Mariners enter play Wednesday 51-48, six games out of first place in the AL West and 4.5 games out of the second AL Wild Card slot. Adding an impact bat like Bruce could help in their effort to reach the postseason.
Norichika Aoki and Seth Smith have handled the bulk of the playing time in left field. While Smith has hit well, Aoki has not. Bruce came into Wednesday’s game against the Giants batting .271/.324/.567 with 24 home runs and a league-best 78 RBI.
Bruce can become a free agent after the season if his controlling team declines his $13 million club option for the 2017 season by paying him a $1 million buyout. If he’s traded mid-season, his new team won’t be able to make him a qualifying offer, so the club option may be more enticing than it looks at first glance.
A third-inning two-run home run by Adam Rosales off of R.A. Dickey put the Padres up 2-0, but it also helped the Padres tie a National League record. The Padres have homered in 25 consecutive games, matching the 1998 Braves, the 1994 Tigers, and the 1941 Yankees. The major league record is 27, set by the 2002 Rangers.
The Padres hit three in total on Wednesday in an 8-4 victory against the Blue Jays. One of those dingers was an eighth-inning solo shot by rookie Alex Dickerson, who has now homered in four consecutive games himself. The one he hit on Monday is worth watching, as it got into the upper deck at the Rogers Centre.
As the Padres recently traded Melvin Upton, Jr. to the Jays, Dickerson is likely going to see regular playing time. That’s especially true if he keeps hitting like this.