New Cardinals manager Mike Matheny lost his dreamhouse, faces lawsuit

10 Comments

As it turns out, Mike Matheny needed the Cardinals managerial job a lot more than Terry Francona did.

St. Louis’s new hire lost his 17-room house in Missouri and may yet owe more than $4 million due to bad real estate deals, the St. Louis Post-Dispatch reported Saturday.

Jack Wagman presents a very well researched and detailed account of how Matheny and his business partners suffered during the real estate downturn, costing Matheny both of his homes. Matheny currently lists his in-laws’ home as his address.

Matheny is expected to be one of the game’s lowest-paid managers, at something less than $750,000 annually, after replacing Tony La Russa, so he may remain in debt for the foreseeable future, depending on how the lawsuit goes. The Cardinals, though, knew all about these dealing when they hired him and still believed he was the right man for the job.

As for Matheny’s home, it’s currently listed online with a $2 million asking price. It has seven bedrooms, 10 baths, a practice baseball field and an indoor batting cage on 11 acres.

Carlos Carrasco pitches during game action

Getty Images
Leave a comment

Indians starter Carlos Carrasco was diagnosed with leukemia earlier this summer. He’d been out since June. Despite that diagnosis, he and the Indians insisted that he would make every effort to come back this year. Yesterday he took a big step in that direction, making his first rehab appearance at Double-A Akron.

He only tossed one inning, walking one batter and striking out another. He thew 16 pitches but cranked it up to 97 with his first offering. Not too shabby.

It’s unclear what the timetable is for him returning to Cleveland. If they intend to use him as a starter again he’ll obviously need several more appearances to get stretched out. If he’s to be used as a reliever, fewer obviously. What his stamina level is and will be is also an open question.

However that gets sorted out, it’s good so have him back in action.