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 Cubs had a scare on Wednesday night when third baseman Kris Bryant left with an apparent ankle injury. In the bottom of the fifth inning, Nationals catcher Matt Wieters hit a pop up that veered just into foul territory near the third base bag. Bryant caught it but his momentum took him back into fair territory. In doing so, he stepped awkwardly on the third base bag and appeared to twist his ankle. Bryant needed the assistance of manager Joe Maddon and the team trainer to get off the field.
Bryant was diagnosed with a mild ankle sprain, CSN Chicago’s Patrick Mooney reports.
Bryant was 2-for-3 on the night before departing and being replaced by Jeimer Candelario. He’s now hitting .264/.395/.520 with 16 home runs and 32 RBI in 329 plate appearances. Needless to say, the 39-39 Cubs would see their playoff odds hurt immensely if Bryant were to miss a significant amount of time.
Hector Gomez reports Twins third baseman Miguel Sano will participate in the 2017 Home Run Derby, to be held in two weeks at Marlins Park in Miami. So far, Marlins outfielder Giancarlo Stanton is the only other confirmed participant.
Sano, 24, is having an outstanding season, batting .274/.375/.548 with 18 home runs and 53 RBI in 293 plate appearances. According to MLB’s Statcast, only Yankees outfielder Aaron Judge (96.7 MPH) has a higher average exit velocity than Sano (96.4 MPH).
Brian Dozier was the last member of the Twins to participate in the Home Run Derby. In 2014 at Target Field, Dozier failed to make it into the second round after hitting only two home runs. Justin Morneau is the only Twin to have ever won the Home Run Derby, as he beat Josh Hamilton 5-3 in the finals of the 2008 Derby at Yankee Stadium — although Hamilton out-homered him in total 35 to 22.