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.
Major League Baseball and the Major League Baseball Players Association announced this morning that they are contributing $250,000 to assist victims of the devastating floods that recently hit Louisiana.
The $250,000 contribution is being divided among three charitable organizations: The American Red Cross will receive a $125,000 contribution and two charities connected to Major League Players – the Baton Rouge Area Foundation and High Socks for Hope – will each receive a $62,500 contribution.
According to the joint press release, several players with connections to the area, including Reid Brignac, Will Harris, Wade LeBlanc, Mikie Mahtook, Anthony Ranaudo and Ryan Schimpf were consulted in determining which organizations would receive funding support.
Nice move, union and league.
We mentioned this in the recaps this morning but Yoenis Cespedes deserves a post of his own.
He deserves it for his walkoff homer in the tenth inning of last night’s game against the Marlins. He deserves it for the fact that he’s hit five homers and has driven in nine runs in his last ten games while raising his batting average ten points. And, most of all, he deserves it for the magnificent bat flip after watching the ball fly:
Here’s the whole play from MLB.com: