Forgive me if I’m not optimistic about the Wilpons’ chances of finding “strategic partners” who will gladly fork over millions in exchange for a minority share of the team, leaving the Wilpons in control. Why am I skeptical? Because the last time a baseball owner was in deep financial trouble and sought minority investors, it didn’t quite turn out the way he planned:
“I’ve been quietly looking for minority investors to come back into the ownership of the Rangers as a way to be prudent in a bad economy,” [Tom] Hicks said. “I’m doing the same thing with the Stars. At the end of the day, I’ll still have 51-to-60 percent of the ballclub and have new partners. That doesn’t change anything.
A little less than a year later Tom Hicks was being squeezed out completely while Mark Cuban and Chuck Greenberg fought tooth-and-nail for total control of the Texas Rangers.
It’s just a simple fact of investment life: minority shares in non-public entities are not worth anything close to what a controlling interest is worth. Perhaps the Mets, who likely have a much better potential cashflow than most teams, will still be an attractive investment who is merely interested in saying they own a piece of the team. But if the Rangers example is any indication, there aren’t a whole hell of a lot of people who want to be silent partners when the majority owner asking for a handout is in financial distress.
The Mets are an extremely valuable property. Their owners are in financial trouble. This is what most savvy investors call “an opportunity.” It strains credulity to think that people won’t make some offers for control of the Mets that the Wilpons find awfully hard to refuse.
Yesterday Mike Trout left the Marlins-Angels game after hurting his thumb while sliding head first into second base. After the game the Angels talked about it as if it were just a sprain. Trout had an MRI today, however, and the diagnosis is far worse: he has a torn thumb ligament.
While a treatment option has not yet been chosen, surgery is a possibility. A certainty is that he’ll miss, at the very least, several weeks of play. He has been placed on the disabled list for the first time in his career.
Trout, the reigning AL MVP and, without question, the best player in baseball, is batting .337/.461/.742 with 16 home runs, 36 RBI, 36 runs scored, and 10 stolen bases in 206 plate appearances this season. Even with the one of the weaker supporting casts in baseball, Trout had the Angels near .500 and in at least arguable contention in the AL West.
Without him, they are likely sunk. Without him, baseball is worse off.
SAN FRANCISCO — Nationals slugger Bryce Harper and San Francisco reliever Hunter Strickland both landed punches to the head during a wild brawl that erupted Monday after a hit by pitch.
Harper was hit in the right hip by Strickland’s 98 mph fastball in the eighth inning with Washington ahead 2-0.
Harper pointed the bat toward Strickland, charged the mound and fired his batting helmet wide of the pitcher. They started to swing away and they each connected as the benches and bullpens emptied.
At least two Giants players forcefully dragged Strickland from the middle of the brawl all the way into the dugout. Harper and Strickland were both ejected.
In the 2014 NL Division Series, Harper hit two home runs off Strickland. After the star’s second shot, in Game 4, he stared at Strickland as he rounded the bases.