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Report: Jake Peavy, Roy Oswalt defrauded of millions in an investment scheme


Henry Schulman of the San Francisco Chronicle reports that Giants starter Jake Peavy and retired pitcher Roy Oswalt, as well as quarterback Mark Sanchez were defraud of millions in an investment scheme. Schulman cites a Bloomberg News report which identified the three athletes and the adviser, Ash Narayan.

Peavy, Oswalt, and Sanchez reportedly invested $30.4 million and paid Narayan an additional $1.7 million fees. Narayan redirected that money, which was supposed to go towards safe investments, in a sports ticket brokerage which ultimately failed. Narayan was a major shareholder in that sports ticket brokerage. The SEC is attempting to freeze his assets to help the athletes recover the money that was taken.

The SEC filing alleges that Narayan preyed on the athletes by appealing to their Christian faith and interest in charitable work.

Peavy said the situation distracted him at times, first learning of the situation on the first day of spring training. He said, “I think I did the best I could to stay focused. Maybe at times I haven’t done my best, but I think the last month is indicative of what I can do to help this team. I’m doing what I can to push the needle forward. We’re working through it the best we can.”

Donaldson ejected for kicking dirt on plate after home run

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Minnesota’s Josh Donaldson managed to get ejected while hitting a home run.

Donaldson barked at plate umpire Dan Bellino for the second time in the sixth inning of a 4-3 loss to the Chicago White Sox on Thursday.

With the score 2-2, Bellino called a strike when the 2015 AL MVP checked his swing on a 2-0 pitch from Reynaldo Lopez.

Manager Rocco Baldelli came out to speak with Bellino, and Donaldson homered down the left-field line on the next offering. After rounding the bases, Donaldson kicked dirt at home plate as he crossed it.

Bellino ejected him immediately, and Donaldson, realizing he had missed home plate, returned to the plate to touch it and then argued as he kicked more dirt on it.

Donaldson also had argued with Bellino on a 1-1 breaking ball in the first inning that appeared to be high but was called a strike, leading to a strikeout.

“We need Josh on the field, out there playing, and at third base,” Baldelli said. “That’s when we’re at our best. And so that’s really the end of it. I think we can move past it at his point, and go from here.”

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