ESG roundup: Investors reinforce support for non-financial disclosures

first_imgAustralian asset owners and some of Europe’s largest institutional investors have put their names to a statement supporting better disclosure of non-financial information.The statement seeks to counter an increasingly common narrative that investors do not care about information that may not appear explicitly financially relevant, despite frequent calls for better disclosure of such information.“We have made this statement to help companies understand that, if they deliver relevant and useful information, we will use it,” the statement reads.Signatories include Aberdeen Standard Investments, Hermes, Martin Currie, NN, and PGGM, plus Australian pension funds Cbus Super and VicSuper. The statement was brokered by the International Integrated Reporting Council, which seeks to improve reporting in the public and private sectors.The full statement is available here.Rise in corporates pricing carbon The number of companies using an internal carbon price in their business plans has grown eight-fold in the last four years, according to CDP, a research firm.However, CDP said it found that up to 800 companies might be vulnerable to the effects of carbon pricing regulation, as they disclosed that they were not using an internal carbon price. As of this year, over 40 national and 25 regional governments have put a price on carbon, the non-profit environmental disclosure platform said. This covered about 15% of global greenhouse emissions.CDP’s research found that only 15% of companies using an internal carbon price to stress test their investments said they thought prices would rise in the future. This might concern some investors, CDP said.Mark Lewis, head of European utilities equity research at Barclays, said: “The key question for investors should be: how can we know that companies are actually factoring environmental risk into their mainstream business strategies?“Pricing carbon should play a vital role in helping companies do this – the price level, while important, is not the only key aspect. There needs to be more transparency as to how a company actually uses the price and whether it is seen as an important part of business decision-making and forecasting.”Lewis is a member of the Task Force on Climate-related Financial Disclosures, the body created under the auspices of the Financial Stability Board on instruction from the G20. PRI’s US first, SDG argumentsBloomberg has become the first US-domiciled corporate retirement plan sponsor to join the UN’s Principles for Responsible Investment (PRI).It said one of the main reasons for joining the organisation was “to enable its employees to proactively integrate ESG-themed funds into their own retirement investment strategies”.“This is really exciting – not many companies offer ESG-themed funds, as of yet, to their employees through their corporate retirement plans,” said Cathy Bolz, head of global benefits at Bloomberg.“By signing, we are saying that we think the investment world has matured to the point where organisations like ours can think about integrating ESG issues into their investment policy considerations.”In its capacity as a service provider, Bloomberg has been a PRI signatory since 2009.Separately, the PRI and PwC have produced a report on why institutional investors should become more engaged with the UN’s Sustainable Development Goals (SDGs).The report presents five overarching reasons for this, including that the SDGs represent the “most pressing environmental, social and economic issues and as such serve as a list of the material ESG factors that should be considered as part of an investor’s fiduciary duty”.The report can be found here.European Commission SDG ‘platform’The European Commission has appointed 30 members to a new high-level multi-stakeholder platform to support and advise the Commission on delivering the SDGs at the EU level. Christian Thimann, who is chair of the High-Level Expert Group on Sustainable Finance, is one of the members of the SDG group. The other members can be found here. Candriam’s SRI investment academyCandriam Investors Group has launched an online training platform for ”sustainable and responsible investing” (SRI). The Candriam Academy aims to raise awareness, promote education and improve knowledge of financial intermediaries on the topic of SRI.Although conceived with intermediaries in mind, the platform is free and open to all. The academy has received accreditation by the Chartered Institute of Securities and Investment and is requesting further local accreditations.last_img read more

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‘Hollow’ promise to protect teachers over gay marriage

first_imgChristian Institute July 1 2013Promises to protect teachers who believe in traditional marriage are “hollow”,  former Tory minister Ann Widdecombe has said.Miss Widdecombe also said the Government wants to “gag” anyone who disagrees with David Cameron.She highlighted the case of a school teacher who is already under investigation for opposing gay marriage before it’s even been legalised.PromoteThe former minister said the Government’s assurance that no teacher would be required to promote views that go against their beliefs is an “excellent principle.”But she said: “Unfortunately it is also a hollow promise.“Even before the Bill is law members of the teaching profession are being penalised for refusal to sign up to the new state orthodoxy.Investigation“A teacher from South London is now under investigation because she refused to teach children that disagreeing with gay marriage is automatically homophobic.“So not only is she not allowed freedom of conscience but she is expected to teach children that nobody else is.”Lord Dear read a letter from the South London teacher in the House of Lords during committee stage of the Marriage (Same Sex Couples) Bill last week.http://www.christian.org.uk/news/hollow-promise-to-protect-teachers-over-gay-marriage/last_img read more

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NBA: Tatum powers Celtics over Clippers in double overtime

first_img FacebookTwitterWhatsAppEmail分享 Loading… German reserve Dennis Schroder added 22, New Zealand center Steven Adams contributed 11 points – including his first NBA three-pointer – and 11 rebounds. Chris Paul had 14 points and 12 assists for the Thunder. Pelicans rookie star Zion Williamson scored a game-high 32 points in his 10th NBA contest while JJ Redick added 24 points off the bench for New Orleans. – Celtics honor Garnett – The Celtics announced Thursday that Kevin Garnett, who helped Boston capture the 2008 NBA crown, will have his number 5 jersey retired next season, the 24th former player so honored by the club. Read Also: NBA: Booker to replace ailing Lillard in All-Star Game “I’m honored and thankful to have my number retired with the Celtics,” Garnett said. He was the 2008 NBA Defensive Player of the Year and an NBA All-Star in five of his six seasons with the Celtics. In 396 games for Boston, Garnett averaged 15.7 points, 8.3 rebounds, 2.7 assists, 1.2 steals and 1.0 blocks a game. Jayson Tatum scored 39 points, two off his career high, and Marcus Smart added 31 on Thursday to lift the Boston Celtics over the Los Angeles Clippers 141-133 in double overtime. Tatum hit 14-of-23 from the floor, 5-of-10 from three-point range, and grabbed nine rebounds in more than 47 minutes while playing tough defense against Kawhi Leonard to send the Celtics into the NBA All-Star Game break as winners. Boston’s Jayson Tatum, left, reacts to a turnover by Kawhi Leonard of the Los Angeles Clippers on Thursday in Boston’s 141-133 double-overtime triumph “This was a tough one,” Tatum said. “It’s nice to go to the All-Star break with a win and enjoy those moments off.” Tatum’s hot night came after a 5-for-15 shooting effort and 0-for-7 three-point performance earlier in the week against Houston. “Just a lot of hard work,” Tatum said of his sizzling shooting. “My teammates trust me and vice versa. We do a good job of getting the hot guy the ball whoever it is.” Tatum struck for two late hoops in overtime, a layup over Leonard with 24.8 seconds remaining to put Boston ahead 127-124. But Landry Shamet’s three-pointer pulled the Clippers level and sent the game into a second extra period, which the Celtics dominated to claim the triumph. Lou Williams came off the Clippers’ bench to score 35 points while Leonard had 28 points and 11 rebounds. Montrezl Harrell added 24 points and 13 rebounds. In the only other game on the last night of contests before the NBA All-Star Game break, Italian forward Danilo Gallinari scored 29 points on 12-of-18 shooting to lead the Oklahoma City Thunder to a 123-118 victory at New Orleans. Promoted ContentWhat Are The Most Delicious Foods Out There?Who Earns More Than Ronaldo?7 Theories About The Death Of Our UniverseCouples Who Celebrated Their Union In A Unique, Unforgettable Way10 Greatest Disney Female Villains We Love AnywaysCan Playing Too Many Video Games Hurt Your Body?7 Black Hole Facts That Will Change Your View Of The UniverseThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreBest & Worst Celebrity Endorsed Games Ever MadeGorgeous Staircases That Will Take Your Breath Away8 Things That Will Happen If An Asteroid Hits EarthWhat Happens When You Eat Eggs Every Single Day?last_img read more

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Dutch manager begins life at Barcelona without Messi

first_img Loading… As talisman and club legend Messi was absent, the Dutchman was pictured alongside his squad in their first session together ahead of the new LaLiga season. The Barcelona players were pictured taking part in some basic running drills, with winger Ousmane Demebele pictured jogging in the club’s new training kit. Ronald Koeman took his first training session as the new manager of Barcelona as his feud with star Lionel Messi continues. After the sacking of Quique Setien, Koeman was appointed as the Catalan club’s new boss and took no time at all to ruffle a few feathers within the camp. Elsewhere, Gerard Pique was shown with a ball at his feet as he dribbled at a light pace in the Spanish sun. However, Messi’s absence was the main talking point as he stayed away from Barcelona training for a second-straight day on Monday as he kept up his strategy to force a move to Manchester City. So far Barcelona have not announced financial penalties for their striking captain although rules would allow them to suspend him without pay if and when he fails to show for Tuesday’s session.center_img Promoted ContentSome Impressive And Almost Shocking Robots That ExistPlaying Games For Hours Can Do This To Your BodyBest Car Manufacturers In The WorldFascinating Ceilings From Different Countries18 Cities With Neverending Tourist-Flow10 Risky Jobs Some Women Do2020 Tattoo Trends: Here’s What You’ll See This YearCouples Who Celebrated Their Union In A Unique, Unforgettable Way10 Most Praised Historical Movies7 Actors Who Had Ridiculous Reasons For Quitting A RoleNothing Compares To Stargazing Places Around The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read More Read Also: JUST-IN: Messi faces suspension at Barcelona amid events boycott An agreement between LaLiga clubs and the Spanish players’ union stipulates that a player who misses three days of training can be suspended without pay and lose up to 25 per cent of his monthly salary. The final decision over punishments is left with individual clubs however, and Barcelona appear unlikely to announce any action before a meeting between Messi’s father Jorge and club president Josep Bartomeu expected later this week. FacebookTwitterWhatsAppEmail分享 last_img read more

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Single dad adopts 13-year-old boy abandoned at hospital by adoptive parents

first_imgA North Carolina foster dad adopted a 13-year-old boy who was abandoned by his adoptive parents two years ago.According to Fox 35, Peter Mutabazi has been fostering kids for three years. Mutabazi shares his experiences as a foster dad through his Instagram: fosterdadflipper.One of the children he fostered was a boy named Tony.  Tony had originally been adopted by a Oklahoma couple when he was 4, and the couple abandoned him when he was just 11 years old.Mutabazi fostered Tony for only a weekend, but after learning his story, he decided to adopt him.Fox 35 reported that on Nov. 19, the adoption was finalized and the pair were officially father and son.“ADOPTED TODAY!!! I was chosen, I was wanted, I was cherished, I grew in his heart, I was the missing piece and I’m loved today despite of my short coming,” Mutabazi wrote on Instagram. “‘Little souls find their way to you, whether their from your womb or someone elses.’ I found my little/big soul today!”last_img read more

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Cricket News Hashim Amla announces retirement from all forms of international cricket

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. Hashim Amla made his Test debut in 2004 against India.Amla is the only South African to hit a triple century in Tests.Amla has an average of under 50 in ODIs and 46 in Tests. highlightscenter_img New Delhi: Hashim Amla has announced his retirement from all forms of international cricket with immediate effect. Amla, who made his debut in 2004 against India, retires from international cricket with 9282 runs in 124 Tests at an average of close to 46.64 and 8113 runs in 181 ODIs at an average of just under 50. Amla has long been considered as one of the best players South Africa have ever produced and his retirement will leave a big void after the retirement of Dale Steyn from Tests and JP Duminy from all formats after the end of the World Cup. In a statement released by Hashim Amla, the 36-year-old gave a heartfelt tribute to his South Africa teammates, family and the fans for being with him as well as the Cricket South Africa Board. “I would like to thank my parents for their prayers, love and support, it is their shadow over me that enabled me to play for years under the Protea sun. Also, my family, friends and agent, my team mates and every member of the support staff throughout this incredible journey. A heartfelt thank you to every one of you! The fans for energizing me when times were tough, and for celebrating with me when we succeeded together. Siyabonga South Africa!”, Amla said. The right-hander holds plenty of records for South Africa. He is the first Proteas player to score a triple century in Tests when he smashed 311 against England at The Oval in 2012. After a tough start to his Test career, Amla announced himself on the world stage when he smashed 149 in 2006 in a Test against New Zealand. 2010 and 2012 proved to be the most successful years in Amla’s career. In 2010, he smashed 253 and 123 against India and he remained unbeaten in the entire series as he averaged 78 with 1249 runs in 13 Tests. In 2012, his contributions in England and Australia helped South Africa do a repeat of their 2008 success. However, his form dipped in the subsequent years and the last couple of years proved to be turbulent with not a single century. In the 2019 World Cup, Amla blasted 80 in his final league game against Sri Lanka but the tournament was a disaster for South Africa as they won only three out of nine games to finish seventh in the table and once again stumble in a big ICC event.last_img read more

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AVB bemoans ‘strange decisions’

first_imgChelsea manager Andre Villas-Boas criticised referee Howard Webb after the 3-3 draw against Manchester United at Stamford Bridge.United came back from three down to snatch a point, but their manager Sir Alex Ferguson described the result as “two points dropped” and felt his team should have had a first-half penalty.Referee Howard Webb later awarded United two spot-kicks, the second of which was hugely controversial, with Branislav Ivanovic adjudged to have tripped Danny Welbeck.AdChoices广告Villas-Boas said: “Of course it’s not easy to take. It is a massive recovery by United. We had it in our hands and let it slip.“But there were some strange decisions. The first one is a penalty and I agree with it. The second is very unlucky. I’m not sure if Howard is trying to compensate for something.”Follow West London Sport on TwitterFind us on Facebooklast_img read more

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Syracuse adds former WNBA star DeLisha Milton-Jones as assistant

first_img Published on June 25, 2019 at 8:02 pm Contact Danny: dremerma@syr.edu | @DannyEmerman Syracuse Athletics announced on Tuesday that its women’s basketball program will add DeLisha Milton-Jones to the bench. Milton-Jones will be SU’s newest assistant coach and the team’s recruiting coordinator under head coach Quentin Hillsman.“DeLisha is among the most decorated women’s basketball players to ever play the game,” Hillsman said in a SU Athletics press release. “She’s an amazing communicator and has head coaching experience at the Division-I level. She’s a homerun hire!”Since 2017, Milton-Jones served as head coach at Pepperdine University. Last year, she led the Waves to their first winning season since 2010-11.As a player, Milton-Jones won two WNBA championships during her 17-year professional career. She also won two Olympic gold medals for Team USA. Milton-Jones finished in the top-10 in WNBA history in games, points, rebounds and steals. Her playing career ended in 2016, and she joined the Pepperdine coaching staff as an assistant later that year.“I am elated about pursing this new opportunity under a phenomenal coach and coaching staff at an outstanding institution of higher learning,” Milton-Jones said in the release. “As a young coach, it is a dream to be in a situation to better yourself from learning from the best. I know it will serve me well.”AdvertisementThis is placeholder text Comments Facebook Twitter Google+last_img read more

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Profits rise for Royal Ascot Racecourse

first_img BGC: Charities win big as bookies take beating in Britannia Stakes June 19, 2020 Related Articles StumbleUpon Submit Increased income from sponsorship has been cited as a key reason for Royal Ascot racecourse reporting another year of financial growth in 2017. The racecourse saw pre-tax profits rise from £5.1m to £6.2m, with it reporting strong performance from admission and fine dining at the course, as well as it reaping the benefits of various Official Supplier agreements such as Christy’s, St James’s Place, Pernod Ricard, Porsche and Cunard throughout the year.Additionally, after its turnover increased by 6.7% the course affirmed its plans to launch AscotBet in partnership with Totepool, Ascot’s pool betting operation in July 2018.Commenting on the results, Guy Henderson, Chief Executive at Ascot stated: “2017 was another year of progress in our financial performance, with Royal Ascot performing particularly well. The opening of the new Village Enclosure on the inside of the track, in which we have further invested, was positively received and has generated strong sales for 2018.“Operational improvement and site maintenance remained a key focus for us last year and that continues to be the case. We have just embarked on an extensive 10 year Planned Preventative Maintenance project, it now being 12 years since our £220 million redevelopment, under which mainly through our P&L we will be investing around an additional £2m per annum into maintaining our core racecourse facilities. We are also now in the second year of a three-year process to roll out our new brand on site, which includes significant emphasis on wayfinding.“Prize-money, excluding the industry-owned QIPCO British Champions Day in October, will increase by £1.2 million in 2018 and the continuing growth in our international reach and appeal is pleasing. We are delighted that the Hong Kong Jockey Club will be simulcasting a fourth day of Royal Ascot this year and look forward to the launch of Bet With Ascot, our pool betting operation, in partnership with Totepool, in July.”He added: “We thank all our partners, sponsors, customers and staff for their continued support in delivering another year of improvement all round.”The course also continued its strong work with charities, detailing that around 250 charities benefit in some way from Ascot’s support each year and a partnership with the Berkshire Community Foundation ensures that local charities benefit direct. The Ascot division of the Round Table have raised over £200,000 at the fireworks raceday in recent years and Ascot’s Property Raceday raises just under £200,000 per annum for children’s charities. From 2015 – 2017, Ascot raised £1.1m for The Prince’s Countryside Fund and over £20,000 has been raised for the Injured Jockeys Fund, via Ascot’s ambassador programme. Share ITV secures three-year British racing broadcast deal August 5, 2020 Share Royal Ascot generates ‘record number of transactions’ for SG’s OpenSports June 18, 2020last_img read more

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Fantasy Baseball Trade Value: A.J. Pollock, Austin Riley among buy-low, sell-high candidates

first_imgLogan Allen, SP SD – Allen hasn’t pitched since July 16 and there is no word on when he will pitch next, but based on what he has done recently, that is probably a good thing for those of you who own him in fantasy. He has a 17.18 ERA (yes, you read that correctly) over his last three outings, giving up 14 earned runs across 7.1 innings pitched. The recent struggles bring his ERA up to 7.08 for the year to go along with a 1.77 WHIP and lousy 5.8 K/9. No part of those numbers is enticing for fantasy. His fastball velocity isn’t great at 92.3 mph, and his fastball spin rate ranks in the 4th percentile (that’s terrible, if you weren’t sure). He has given up hard contact at a very high rate of 50.0 percent, while only inducing soft contact 15.7 percent of the time. He can be left on the wire or cut if you own him.Fantasy Baseball Stock Watch: Potential waiver wire pickupsJ.D. Davis, 3B NYM – Davis has played very well this year when he has been on the field; he has produced a .289 batting average and nine home runs across 228 at-bats. That .289 batting average is actually lower than his xBA of .301, which ranks in the 96th percentile. He has a 91.5 mph exit velocity (88th percentile) and his hard contact rate is solid at 40.7 percent. He also has a low soft contact rate of 10.7 percent. He is striking out less often than ever at a 20.5-percent rate. That’s a lot of positives in his hitting profile, and he would be fantasy relevant if he was seeing regular at-bats. With the Mets expected to trade Todd Frazier for anything they can get, Davis would likely be looking at a near everyday role as the Mets starting third baseman. Deep leaguers may want to bank on that trade taking place and go ahead and add Davis.Jakob Junis, SP KC – Junis has been on fire. Over his last three starts, he has a 1.35 ERA over 20.0 innings pitched while striking out 23. So that raises the question: Is he improving or has it just been a lucky stretch? Over that span he has a 13-percent swinging strike rate, which is a three percent increase from his 10-percent mark for the year, but he also has a .200 BABIP against in that span. That’s obviously not sustainable, and it’s a big factor in how he’s only given up 12 hits over those 20 innings. Junis has a nice slider, but he doesn’t do anything particularly well. His 42.2-percent hard contact rate against is very high (fourth highest in baseball, in fact) and the highest mark of his career, while he is inducing soft contact at the lowest rate of his career at 13.1-percent. His recent stretch makes him worth keeping an eye on, but I wouldn’t add him. Welcome back to another edition of the Fantasy Baseball Stock Watch. We have some interesting names to look at this week, including a few rookies. There’s a couple players who had rough starts to the year but have been playing well recently and are now stock risers. One of our fallers is a player that got off to a blazing hot start. That’s the great thing about fantasy: Things change all the time, and we constantly have to stay on top of everything. Without further ado, let’s dive in!MORE:  Fantasy Alarm PRO tools Fantasy Baseball Trade Value: Stock risingJosé Leclerc, RP TEX – With Shawn Kelley landing on the IL, Leclerc is expected to return to a closing role for Texas, at least for the time being. Leclerc got off to a rough start to begin the year, which led to his removal from the closing role, but he has been pitching much better since. His high strikeout rates make him a strong fantasy option. Since the beginning of May, Leclerc has made 32 appearances and pitched 34.1 innings while posting a 2.88 ERA, a .156 batting average against, and 54 strikeouts. His 4.20 ERA for the year still doesn’t look great, but his 3.44 FIP, 3.71 xFIP, and 3.30 SIERA are all rock solid, and he has an impressive 13.60 K/9. His 17.9-percent infield fly ball rate is the ninth highest among pitchers with at least 40 innings pitched, getting contact that almost always turns into outs. His .166 xBA against and .275 xSLG both land in the 99th percentile as does his fastball spin rate. He needs to be added in any league that he’s available in.A.J. Pollock, OF LAD – Since returning from the IL on July 12, Pollock is hitting .406 with four home runs, 12 RBI, and a pair of steals across nine games. Pollock has always been a very talented player when healthy, so seeing him play well is far from surprising. The health is an issue though, but if he is available on the wire, he is worth adding to your roster and hanging onto until the inevitable (unfortunate) injury occurs. His hard contact rate for the year is currently above 40 percent, and his 90.5 mph exit velocity is the highest of his career. He bats fifth in the potent Dodgers lineup and that should allow him plenty of RBI opportunities while he continues to produce a nice blend of power and speed. He should be owned in all leagues.Ramón Laureano, OF OAK – I will be honest, I was pretty low on Laureano coming into the year. When he was hitting .216 with three home runs, 12 RBI, and three steals through 36 games I was feeling pretty good about that assessment. But he’s obviously turned it around and is putting up very impressive numbers. Laureano is hitting .316 with 17 home runs, 41 RBI, and nine steals over his last 65 games, bringing his totals for the year up to a .282 batting average with 20 home runs, 53 RBI, and 12 steals. There are some things in his profile that do point to slight regression, though, including a league average hard contact rate of 39.5-percent, a .340 BABIP (not extremely high, but likely above where it will finish), a .263 xBA, and .450 xSLG. His profile points to an above-average player, not the elite level numbers that he currently is producing.Fantasy Baseball Trade Value: Stock fallingDylan Cease, SP CWS – Cease has been a disaster since getting called up, pitching to a 6.19 ERA across three starts. He has great stuff and it shows with a strong 9.56 K/9, but he is the furthest thing from refined, and he has no idea where the ball is going. He currently has a 5.06 BB/9, which would be the second worst mark in baseball if he had enough innings to qualify. It’s not just the fact that he’s throwing balls, but also the fact that a lot of them aren’t even close. He is getting behind in the count or letting betters back into counts by throwing an 0-2 or 1-2 pitch above the batter’s head or bounced in front of the plate. I wouldn’t be surprised if he gets sent back down if his struggles persist.Austin Riley, OF ATL – Riley set the fantasy baseball world on fire by hitting .298 with 11 home runs and 32 RBI through his first 30 games. He cooled off, though, and hit just .198 over his next 18 games, but still managed to smack five home runs and pick up nine RBI. However, the wheels are really coming off now, as he is hitting .171 with zero home runs and three RBI over his last 10 games, giving him a putrid .186 average over his last 28 games. That’s a pretty big sample of struggles and it’s time to be worried. Not only is he not hitting, but he’s not even making contact; over that 28 game span he has struck out 40 times in 97 at-bats, and over the last 10 games, he has struck out 14 times in 35 at-bats. His strikeout rate for the year is up to 34.3 percent. Yikes. With Ender Inciarte now back off IL for the Braves, it wouldn’t be surprising to see Riley on the bench a few days per week, especially against righties (.227/.271/.432 slash line – compared to .333/.417/.857 against lefties).last_img read more

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