Mike Matheny is taking on one of baseball's most high-profile jobs even as he continues to recover from a big financial setback.
The St. Louis Post-Dispatch reports that Matheny and his wife may still be responsible for more than $4 million from a business deal gone bad. The St. Louis Cardinals say they were aware of the situation when they named Matheny manager last week.
New St. Louis Cardinals manager Mike Matheny (C) holds his jersey with general manager John Mozeliak as team owner Bill Dewitt Jr. (L) looks on at Busch Stadium in St. Louis on Nov. 14, 2011. Matheny becomes the team's 49th manager.
Credit (via St. Louis Cardinals)
Cardinals players David Freese (L) and Matt Holliday (C) chat with their new manager, Mike Matheny.
As expected, the St. Louis Cardinals have introduced Mike Matheny as their new manager.
Matheny will replace Tony La Russa, who retired after the Cardinals won the World Series last month. Even though Matheny has no managing experience, general manager John Mozeliak said the four-time Gold Glove catcher stood out from a group of candidates that began with about 35 names.