Martin Luther King III confirms his interest in the Mets

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Over the weekend we learned that Martin Luther King III is interested in becoming one of Fred Wilpon’s “strategic partners.”  Last night he released a statement confirming this interest:

“I believe in the merit and American value of creating an example, and if I personally, or as part of a collective, can advance the vision of a more diverse ownership group in professional sports, domestically or internationally, then, like my father, I am prepared to act in that spirit.  There has been a lot of discussion and speculation about my participation in the acquisition of the New York Mets. The public release of those discussions was premature.”

King is planning on meeting with the Wilpons this week.

I may be wrong about this, but I don’t recall King ever being mentioned as a potential owner or head of an ownership group.  I imagine, however, that the Mets sale is going to bring out a lot of unusual suspects.  It’s been a while since either the Mets or Yankees sold, and since then the value of those franchises compared to all of the others has become apparent. That said, I continue to believe that the Wilpons will have a hard time simply selling off a quarter of the team, either because they owe too much to government for that to make sense for them or because potential buyers realize that they have an opportunity to take the team over rather than merely be satisfied with a non-controlling share.  As Joel Sherman reports, Major League Baseball officials feel the same way. They’ve gone so far as to call the Wilpons “delusional” in this regard.

As for King himself: his career has been a tad spotty.  He lost reelection as a Fulton County commissioner in the early 90s after revealing that he owed the federal government more than $200,000 in back taxes.  He was suspended as the head of the Southern Christian Leadership conference after the board cited him for inactivity and insubordination to the board’s interests (though he came back and improved in the role). Some have charged that King has sought to commercialize his father’s legacy by doing things like licensing (for profit) the “I have a dream” speech and suing media outlets who use it without the family’s authorization.

Of course, given that he’s seeking to enter a fraternity that includes Frank McCourt, David Glass and Jeff Loria, none of this should be a concern.

Report: Rangers’ deal with Seung-hwan Oh is off

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The Rangers will not sign free agent reliever Seung-hwan Oh after all. Reports from MLB.com’s TR Sullivan indicate that negotiations were brought to a halt after a physical issue was found with the pitcher. While the specifics have yet to be released, Evan Grant of the Dallas Morning News says the issue was revealed on an MRI of the right-hander’s arm.

Oh was thought to be in talks with the Rangers last week, though a deal was never officially announced by the club. The 35-year-old righty is fresh off of a two-year run with the Cardinals, during which he posted a cumulative 39 saves, 2.85 ERA, 2.1 BB/9 and 10.2 SO/9 in 139 innings. He struggled with consistency in his sophomore season, however, and finished 2017 with a disappointing 4.10 ERA and 4.44 FIP in 62 appearances for the team.

While Oh hasn’t experienced any setbacks with his arm in the majors so far, he does have a history of prior injuries during his time in KBO. He sustained a shoulder injury in 2009 and underwent surgery to remove bone spurs from his elbow in 2010. It’s possible that the Rangers saw an entirely different problem on the MRI, but clearly it was enough to give them strong reservations about inking the righty to a $2.75+ million deal. It’s still possible that another of Oh’s suitors will offer him a contract prior to Opening Day; the Giants were rumored to be interested in the veteran reliever, among other teams, though their recent acquisition of lefty reliever Tony Watson will likely take them out of the running now.