Theodore “Ted” Catino is an accomplished entrepreneur who cofounded and led Security National Automotive Acceptance Corp. for 25 years and now maintains a business consultancy. An avid sports fan, Ted Catino supports teams such as the Cincinnati Bengals and the Cincinnati Reds.
The Cincinnati Reds are currently in a rebuilding mode and made a number of strategic moves in late 2015 to position itself for future success. One major deal involved the trade of veteran third baseman Todd Frazier, who has 2015 All-Star credentials. His 2015 stats included 89 RBIs and 35 home runs, and he impressed local fans by winning the Home Run Derby the night before the All-Star game in Cincinnati.
In a three-team arrangement involving the Dodgers, Frazier will go to the White Sox, and the Reds will receive a trio of prospects from the Dodgers in return. These include outfielder Scott Schebler and infielder/outfielder José Peraza, who were minor-league standouts in 2015 and both gained big-league experience with the Dodgers late in the season. The third player, infielder/outfielder Brandon Dixon, is coming up from a AA affiliate of the Dodgers.
The trade of Frazier, who makes $12 million a year, was not a complete surprise to Cincinnati fans. It follows a recent trend of the team trading high-salary players to make room for up-and-coming talent on the roster.