I guess if you’re in he hedge fund business you’re going to have a lot of friends who are hedge fund managers. That seems to be the case with the Mets’ owners anyway, as it is being reported in the New York Times that hedge fund manager Steven A. Cohen — you always get a middle initial when you’re rich — may very well be the favored bidder for a minority share in the Mets. As the Times reports, Cohen was approached by the Wilpon/Katz ownership group last year but declined. People who know Cohen tell the Times that they are surprised that Cohen would want to take a minority stake in the Mets, but Cohen himself isn’t talking.
Other potential investors are also named, at least one of whom we’ve heard of before: Anthony Scaramucci, another hedge fund guy, and James McCann, the founder of 1-800-Flowers.com, who met with Fred Wilpon down at Mets spring training.
The timeline for the Mets to pick an investor is unclear.
Update (5:04 PM EST): The White Sox will receive pitchers Lucas Giolito, Reynaldo Lopez, and Dane Dunning from the Nationals, per Dan Hayes of CSN Chicago. MLB Pipeline rated them No. 1, 3, and 6 in the Nationals’ minor league system.
Ken Rosenthal of FOX Sports reports that the Nationals are close to acquiring outfielder Adam Eaton from the White Sox. He notes that outfielder Victor Robles, the Nationals’ No. 2 prospect according to MLB Pipeline, is not included in the deal.
Eaton, 28, is signed to a very team-friendly contract. He’ll earn $4 million in 2017, $6 million in ’18, and $8.4 million in ’19. His controlling team then has a club option worth $9.5 million in 2020 with a $1.5 million buyout and a $10.5 million club option in ’21 with a $1.5 million buyout.
This past season, Eaton was worth 3.9 Wins Above Replacement according to Baseball Reference after playing significantly above-average defense while batting .284/.362/.428 with 14 home runs, 59 RBI, 91 runs scored, and 14 stolen bases in 706 plate appearances.
If the deal goes through, the Nationals would move Trea Turner from center field to shortstop. Meanwhile, the White Sox continue their teardown after trading Chris Sale to the Red Sox on Tuesday.
ESPN’s Buster Olney reports that the Marlins have signed veteran catcher A.J. Ellis to a one-year, $2.5 million deal.
Ellis, 35, began the 2016 season with the Dodgers but went to the Phillies in the Carlos Ruiz trade near the end of August. Overall, he hit .216/.301/.298 in 196 plate appearances.
Ellis will back up J.T. Realmuto behind the dish.