UPDATE: The New York Times confirms Adam Rubin’s report and adds that the deal being discussed between Einhorn and the Mets does not include SNY, which is the team’s television network. Einhorn didn’t say much during the conference call Thursday, but was adamant that he had “no interest” in owning a television station.
9:30 AM: Adam Rubin of ESPN New York reports that David Einhorn does indeed have a path to majority ownership with the Mets. Of course, that was the assumption all along, as it wouldn’t make much sense if he didn’t have that option, but the exact terms of the deal are a doozy.
Einhorn has agreed in principal to purchase roughly 33 percent of the team for $200 million, which will infuse cash and keep the organization solvent in the immediate future. In three years, according to the source, Einhorn has an option to up his stake to 60 percent, although principal owner Fred Wilpon and his family have an opportunity to block Einhorn from gaining that majority stake.
The source said the Wilpons can stop Einhorn from gaining the majority share essentially by returning Einhorn’s initial $200 million investment yet allowing him to keep the 33 percent share of the team.
So, basically, in three years either Einhorn will either have majority control of the Mets or get his initial $200 million investment back and still keep one-third of the team. Kind of makes you wish you had $200 million sitting around, right? Not only is this the best deal you’ll see this week (year?), but it also tells you how hard-up the Wilpons are for cash right now.
The story of the Indians postseason cannot be told without talking about injuries to starting pitchers Carlos Carrasco and Danny Salazar. They have forced Terry Francona to lean even harder on his bullpen than he otherwise may have and have cause the Indians to press rookie Ryan Merritt into service.
But Cleveland will be getting at least one of their starters back: Indians pitching coach Mickey Callaway that Danny Salazar will be part of the World Series roster.
Salazar has not pitched since early September due to a strained right flexor muscle, but according to Callaway, Salazar is ready to throw 65-70 pitches in a game. That could mean a start, probably in Game 4 after Corey Kluber, Trevor Bauer and Josh Tomlin. Merritt was a possible Game 4 starter, but he could either pair up with Salazar in a tandem start or serve in long relief.
Cubs’ left fielder Kyle Schwarber missed virtually the entire 2016 season due to torn knee ligaments, but he has been working his way back to health more quickly than initially expected. Indeed, he has been playing for the Cubs in the Arizona Fall League, serving as a DH. Many have speculated that the Cubs will activate him for the World Series.
Today, at his World Series media session, Cubs manager Joe Maddon said that reports from Arizona are good on Schwarber and that the he will fly to Cleveland to join the team after tonight’s game in Arizona. Maddon says the team will make a decision on activating him once he arrives. The Cubs have until tomorrow morning to set their World Series roster.
Our guess is that Schwarber will get the call and will serve as the DH for the Cubs in Games 1, 2 and, if necessary, 6 and 7 in Cleveland. If so, a lost season could very quickly turn into a storybook season for the Cubs’ young slugger.