Seinfeld Mets

Famous people are lining up to not own the Mets

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I guess it’s because it’s New York and everyone is bored, but there have been a plethora of reports — and calling them “reports” is actually an insult to the act of reporting — linking famous rich people and the Mets in the wake Wilpon’s announcement that he’s looking for minority owners.  There was the MLK III report. The de riguer Mark Cuban chatter. In recent days we’ve had people asking Mayor Bloomberg and Jerry Seinfeld to state their intentions.

Fun stuff, but we’re not likely to find the next Mets’ minority owner — or maybe majority owner — on the gossip pages.  The people with the kind of money to buy anything other than vanity stakes in major sports franchises are all beyond mere celebrity wealthy, and they’re not the type of people like Mayor Bloomberg — who is legitimately loaded — who live their lives publicly like this.  I mean, look around at baseball’s ownership ranks: most of these guys are people you never heard of before they became baseball owners.

I have some friends who work in finance and big business and they all have tales of big time movers with outrageous amounts of capital at their disposal, either personally or by virtue of being able to wrangle investors.  You haven’t heard of any of them.   Living out loud like big celebrities is anathema to the type of person who is able to conquer the business world. Or inherit their father’s conquests.  These types of people are only remarkable when they prove to be exceptions to this rule, such as the case of Mark Cuban.

The next owner of the Mets is gonna be someone familiar only to those who read every article in the Wall Street Journal.  That’s how big money — truly big money — operates.

Rangers sign Josh Hamilton to a minor league deal

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The Texas Rangers have signed Josh Hamilton to a minor league contract with an invitation to spring training.

Not at all surprising. The Rangers released Hamilton last August, but that was simply to make some room on the 40-man roster. His season was already toast due to the surgery he underwent to repair lateral and meniscus cartilage in his left knee which had the added bonus of revealing that he had an ACL injury as well, which required reconstruction. At the time of his release both he and the Rangers made noises about him coming back on a minor league deal in 2017.

Hamilton turns 36 in May. The smart money has it that his big league career is over, but Hamilton would be silly to retire given that he is owed $30 million this coming season. That the Angels are paying $26.41 million of that makes it far less painful for the Rangers as well. If he can hit in the spring, hey, let him DH some and pay him low money. If not, no skin off of anyone’s nose. He can request a release on April 1 if he hasn’t made the big league roster.

A-Rod to host a reality show featuring broke ex-athletes

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Alex Rodriguez’s transition into retirement has featured a serious move into the business world. He has gone back to school, worked seriously on investments and has started his own corporation. Yes, he’s set for life after making more money than any baseball player in history, but even if his bank account wasn’t fat, you get the sense that he’d be OK given what we’ve seen of his work ethic and savvy in recent years.

He’s going to be getting another paycheck soon, though. For hosting a reality show featuring athletes who are not in as good a financial shape as A-Rod is:

Interesting. Hopefully, like so many other reality shows featuring the formerly rich and famous, this one is not exploitative. Not gonna hold my breath because that’s what that genre is all about, unfortunately, but here’s hoping A-Rod can help some folks with this.