Federer's reputation at risk thanks to IMG honcho's recklessness
The Huggy Bear paired Wall Street royalty with tennis pros. And while the event raised tens of millions for charity, it also featured gambling. Heroic gambling. There are stories of six-figure wagers on single points, of hedge fund and LBO titans screaming at the accomplished pros over botched volleys. (How much money are we talking? Consider this:
Oh, yeah. The de facto tournament director:
I kept thinking of this story last week. If you know about the Huggy Bear (or, for that matter, read
What's more, betting scandals have rocked in recent years. So much so, that there is a specific anti-corruption, pro-integrity task force in place. So much so, that credentialed personnel at most tournaments have to sign a form
Maybe most disconcerting is the collateral damage. Forstmann's wager involved
To his credit, Federer has taken questions on this unpleasant episode. And absent more information, we ought to divorce him from Forstmann's colossally bad judgment. But he deserves better. Not bettor.