Make us your home page

Get the quickest, smartest news, analysis and photos from the Bucs game emailed to you shortly after the final whistle.

(View our Privacy Policy)

Tampa Bay Rays slugger Carlos Pena has separate account from frozen one with Stanford Financial

PORT CHARLOTTE — At least Rays first baseman Carlos Peña can pay his bills.

Peña said Sunday that the bulk of his assets have been frozen as a result of the Stanford Financial Group investigation but, unlike some of the other major-leaguers involved, he has a separate account for his everyday living expenses.

"It is an inconvenience, no doubt, but thankfully with the system I have set up I'll be fine," Peña said. "I'm confident that in the near future, hopefully the next few days, they'll unfreeze everything and all goes back to normal."

The Yankees' Johnny Damon and Xavier Nady are among players, all clients of agent Scott Boras, who said they have no access to their funds. Peña said one of his bank cards was denied.

Peña, who has a three-year, $24.125 million contract, said he didn't invest directly with the Stanford companies and they have no access to funds but serve as managers for his long-term investments, and that the Bank of New York Mellon serves as a custodial bank. Boras has said the players are in no danger of losing their money.

Peña said the players are "victims" and he understands the freezing of their assets was the proper action. "I'm confident the right things are being done," Peña said.

"If anything, it's for our protection … Not that if it wasn't frozen he (Robert Allen Stanford, the financier reportedly at the center of the alleged $8 billion fraud) could access something, but I don't want to take any chances, so in a way I'm glad they're frozen until this gets resolved."

Marc Topkin can be reached at

Tampa Bay Rays slugger Carlos Pena has separate account from frozen one with Stanford Financial 02/22/09 [Last modified: Monday, February 23, 2009 7:56am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Good news for Rays on Steven Souza Jr. as MRI shows 'no damage' to hip


    The Rays got good news today on RF Steven Souza Jr., as an MRI showed "no damage" to his left hip.

    Steven Souza Jr. #20 of the Tampa Bay Rays holds his leg after hurting himself trying to steal second base in the first inning against the Oakland Athletics at Oakland Alameda Coliseum on July 19, 2017 in Oakland, California.
  2. Bucs raise prices for single tickets to marquee games


    The Bucs will have single-game tickets for 2017 home games on sale July 28, with a new wrinkle: the best games will cost more for fans.

    Bucs fans cheer Jameis Winston after a victory in their final home game of the 2016 season. Individual tickets for the Bucs' three most coveted home games (against the Patriots, Bears and Giants) will cost more in 2017.
  3. RHP Alex Cobb feeling safer as Rays make playoff push

    The Heater

    Tampa Bay Rays starting pitcher Alex Cobb (53) throwing in the fourth inning of the game between the Pittsburgh Pirates and the Tampa Bay Rays at LECOM Park in Bradenton, Fla. on Tuesday, March 21, 2017.
  4. HomeTeam 100: Players 61-70


    Jefferson wide receiver Dontavius Smith during the game between Jefferson High School and Jesuit High School at Jesuit on Friday, Sept. 16, 2016, in Tampa, Fla.
  5. A second chance at life, away from the game he loved

    The Heater

    Dylan Delso, a catcher for the Tampa Bay Rays' Gulf Coast League team, displays his scar at Charlotte Sports Park in Port Charlotte, Fla., on Tuesday, June 20, 2017. On June 25, 2016 Delso fell backward down a flight of stairs, suffering a nearly fatal head injury that put him in a coma for eight days. He's finally back on the baseball field after a miraculous recovery.