GM of the Mariners since 2004, Bill Bavasi announced Friday that he was victimized by a Nigerian Email scam and lost approximately 70 million dollars over the next 5 years.
"It was real simple. I put money [of the Mariners] into an account and the dividends were supposed to start showing up any day now."
When it was pointed out that the Nigerian Email Scam has been common knowledge for years now, Bavasi replied, "...it was never really completely explored and a team with a smaller payroll has to take some chances here and there."
Does this finally put Bavasi in jeopardy of losing his job? Mariners CEO Howard Lincoln will give him the benefit of the doubt.
"Bill is doing the job, and the team's performance is not related to his work. It's purely related to [the account] performance and underachieving."