Warren Buffett is interested in investing in the Cubs

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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.

Report: Rangers sign Jeff Mathis to two-year deal

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The Rangers have signed catcher Jeff Mathis to a two-year contract, per Ken Rosenthal of The Athletic. The deal is pending a physical.

Mathis turns 36 years old at the end of March and has a career .564 OPS across 14 seasons, but he is well-regarded for his defense and ability to handle a pitching staff.

The arrival of Mathis could mean the Rangers are moving on from Robinson Chirinos behind the plate, as he is now a free agent. The Rangers could go after another catcher to complement Mathis or just have Isiah Kiner-Falefa back up Mathis. Though Kiner-Falefa mostly played elsewhere, including three spots across the infield, he did rack up over 300 defensive innings behind the plate in 2018.