Plan B for the Mets: multiple, smaller investors

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With their $200 million cash infusion from David Einhorn scuttled, Fred Wilpon and Saul Katz are taking a different tack.  Richard Sandomir and Ken Belson report that they’re looking into selling smaller stakes “to people willing to invest perhaps $20 million each.” Hurm.

Being a minority investor in a closely-held corporation is not great to begin with. You have no control, really. It’s the sort of thing that, as the Einhorn negotiations showed, would almost compel you to want to (a) have some mechanism to make it a REALLY great investment on its own terms, such as you getting most of your money back later; or (b) have some mechanism by which your minority share could be transformed into a controlling interest at some later date.

But now Wilpon and Katz are basically looking for vanity investors. People who want to be able to say “I own a piece of the Mets.”  As the Times story notes, it’s often the case that “such investors simply want the perks of ownership, like access to suites and the team’s players. Most of these investors do not have ambitions of being majority owners.”

It may be easier to find those kinds of investors, but getting them together, making sure they pay — and continue to pay later when losses need to be covered — and then managing the suddenly-larger ownership group is probably something of a headache.

Alex Dickerson to miss 2017 season after undergoing back surgery

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Padres’ outfielder Alex Dickerson won’t see PETCO Park anytime soon — at least, not as its starting left fielder. The 27-year-old was diagnosed with a bulging disc in his lower back prior to the start of the 2017 season, and hasn’t made any kind of substantial progress in the months since. According to Dennis Lin of the San Diego Union-Tribune, he suffered a setback in his recovery process last week and is set to undergo a season-ending discectomy next Wednesday.

Over 285 plate appearances, Dickerson batted .257/.333/.455 with 10 home runs and a .788 OPS for the Padres in 2016. He missed several days with a right hip contusion last July, but hasn’t experienced any substantial health problems since undergoing surgery in 2014 to repair a torn ligament in his left ankle.

The expected recovery period for lower back surgery is 3-4 months, according to Lin, which puts Dickerson’s estimated return just a few days before the end of the regular season. The Padres aren’t scraping the bottom of the NL West, but their 29-44 record doesn’t bode well for a postseason run this year. Assuming Dickerson rehabs his back in a timely manner, he should be in fine form to enter the competition for left field next spring.

Video: Hanley Ramirez’s No. 250 career home run barely left the field

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Hanley Ramirez played a pivotal role during the Red Sox’ 9-4 win over the Angels on Friday night, crushing a two-run homer off of Alex Meyer to bring the Sox up to a four-run lead in the fourth inning.

Well, crushed might be the wrong word. The ball cleared the right field fence with a mere 350 feet, landing just beyond Pesky’s Pole to bring Ramirez’s career home run total to an even 250.

According to the ESPN Home Run Tracker, Ramirez’s milestone blast wasn’t the shortest home run of the year — not by a long shot. That distinction currently belongs to Rays’ outfielder Corey Dickerson, who skimmed the left field fence at Rogers Centre with a 326-foot homer back in April.