I would say FAKE, FAKE, FAKE!!!!
I suggest you not fall into that bottomless chasm that a lot of collectors, especially in sports, fall into -trying to justify why an item is genuine despite facts to the obvious. The first question should be - Why can't this item be genuine? You already know the answer to that question. Of course he would not misspell his own name. To listen to any argument to the contrary would be foolish. The little dudes in your head should not be creating scenarios where there is that possibility. Instead they should be giving you a dope slap and saying "Run, Forrest, Run" the other way. Why on God's green earth would you buy it to send it to JSA for their LOPO (letter of pathetic opinion) when you know it is fake? By questioning it we know you are smart.
Besides the obvious misspelling, the ink color bothers me. While not a hard and fast rule by any means, any signed or written item I have from the late 19th early 20th century is in black or brown ink. I do not run into a lot of blue until the early 1930's.
Signed in 1894
Mérignac,-Lucien-(1894)---2.jpg
Signed in 1932
Bausch,-Jim-(1932)---5.jpg