<
>

MLB players caught up in Stanford freeze

Some professional baseball players are short on
cash because the government froze accounts in the businesses of
Texas financier R. Allen Stanford.

The Yankees' Johnny Damon and Xavier Nady; former Yankee Bernie
Williams; the Mets' Mike Pelfrey; Boston's Jacoby Ellsbury;
Seattle's Adrian Beltre; Tampa Bay's Carlos Pena; and
Philadelphia's Scott Eyre are among those who say they've had accounts frozen.

Philadelphia advanced Eyre an undisclosed amount of his $2
million salary. Eyre said his only other bank account has a $3,000
balance.

Beltre told The Associated Press at Peoria, Ariz., Wednesday: "I
don't even know how much money I have in those accounts. They said
my money is safe, that they are holding it while the guy is under
investigation."

The players are clients of agent Scott Boras, and Pelfrey said
he got involved through the use of an accountant recommended by
him.

Boras told The New York Times Wednesday that Damon, Nady, Pelfrey and other affected players should have access to their cash soon.

Securities and Exchange Commission officials raided the offices
of Stanford on Feb. 17 and froze the assets of three companies he
controls, saying he perpetrated an $8 billion investment fraud.

Information from The Associated Press was used in this report.