02/25/09 4:30 PM EST
Phils advance Eyre portion of salary
Lefty reliever has been affected by Stanford fraud scheme
By Todd Zolecki / MLB.com
The Phillies have agreed to advance a portion of his $2 million salary because federal regulators have frozen his assets as the government investigates the Stanford Financial Group and an alleged $8 billion fraud scheme that involves billionaire Robert Allen Stanford. Eyre has been unable to withdraw any money from his Stanford account to pay bills, etc.
Eyre is uncertain when he will have access to those funds.
"We understand the circumstances," Phillies general manager Ruben Amaro Jr. said before Wednesday's Grapefruit League opener against the Pittsburgh Pirates at McKechnie Field. "Typically, our policy is not to advance dollars. That's just not what we do, but this certainly is a different type of circumstance that several players are having to deal with."
Other Major League players affected in the Stanford scam include New York Yankees outfielders Johnny Damon and Xavier Nady and Tampa Bay Rays first baseman Carlos Pena.
Players typically are paid during the six-month regular season, with the first paycheck coming April 15.
"A bunch of my teammates had offered to help me out," Eyre said.
Eyre said it hasn't been so bad that he hasn't been able to feed his family, thanks to roughly $3,000 remaining in a checking account, plus meal money he has received. But he said he spoke out about it because there are people who invested with Stanford who don't have the resources he does to weather the storm.
Todd Zolecki is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.