he snaffled it in mid-air
"Snaffled", that's an interesting word, wwh. A snaffle is a horse's bit, as I have just discovered, but when used as a verb, it means to "snap up" or "grab up" ... just as you used it. Very picturesque ... and particularly apt when applied to "Old Tim" and his fielding feats.

If Old Tim had intercepted a toss to someone else, would you say he had snarfed it?

I must confess I thought a "snaffle" was a bungled mess, but I guess that's a "snafu".