Ray Bartoszek

Thwarted Mets investor now a Yankees limited partner

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Someone once said that there is nothing more limited than being a limited partner to George Steinbrenner. I’m assuming that’s still the case with Hal Steinbrenner too. But with better cash flow and less likelihood of a capital call, I’m assuming that being a Yankees minority shareholder is a better deal than being a minority shareholder in the Mets. It certainly is to Ray Bartoszek.

Bartoszek is an oil trader who, a few months ago, wanted to buy a minority share in the Mets.  The Mets decided instead to negotiate with David Einhorn, so Bartoszek took his money and gave it to the Yankees instead:

By the time negotiations with Einhorn fell apart this month, however, the Mets could not turn back to Bartoszek. Besides feeling that the Mets’ owners had manipulated him to apply more leverage against Einhorn, Bartoszek had found a better deal. He would instead invest with the Yankees.

Last Friday, Bartoszek emerged as the newest limited partner with the Yankees, buying a share of the team from another limited partner.

Bartoszek said that his dealings with the Yankees were “the most straightforward negotiation [he’s] ever been a part of.”  Which suggests, as does the article, that he felt the Mets were using him in order to leverage other bidders like Einhorn. Who knows if that’s true, but it’s kind of funny how he was able to buy into a team for which no one knew was accepting investors way easier than one which basically had its hat in its hand.

Report: White Sox will offer Robin Ventura a new contract if he wants to return

CHICAGO, IL - OCTOBER 04: Manager Robin Ventura #23 of the Chicago White Sox in the dugout before the game against the Detroit Tigers at U.S. Cellular Field on October 4, 2015 in Chicago, Illinois.  (Photo by Jon Durr/Getty Images)
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Manager Robin Ventura’s contract with the White Sox expires after the season, but the club will offer him a new contract if he wants to stay in Chicago, Bob Nightengale of USA TODAY Sports reports.

Ventura’s five seasons at the helm of the White Sox haven’t gone well. The club has crossed the 80-win threshold only once, in his first season back in 2012. Entering the final five games of the season, Ventura has a 373-432 record (463) overall.

The White Sox have also had a handful of controversies under Ventura’s watch, including the fiasco concerning Adam LaRoche and his son Drake, as well as Chris Sale‘s displeasure with wearing retro uniforms. Ventura is not exactly a fan favorite, either. It’s interesting that the White Sox want to keep him around, to say the least.

The Cubs will soon announce a five-year contract extension for Theo Epstein

CHICAGO, IL - JULY 27: Theo Epstein (R), President of Operations for the Chicago Cubs, talks with head football coach Jim Harbaugh of the University of Michigan before the game between the Chicago White Sox and the Chicago Cubs at Wrigley Field on July 27, 2016 in Chicago, Illinois.  (Photo by Jon Durr/Getty Images)
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Carrie Muskat of MLB.com just tweeted that the Cubs will soon announce a five-year contract extension for president Theo Epstein. Bob Nightengale of USA Today reports that it’s worth in excess of $50 million.

He’s earned it. When he took over the Cubs in October, 2011 the Cubs were a last place team with an aging roster and a front office that was several years behind the state of the art in every conceivable way. Last year the Cubs made the playoffs and this year they are baseball’s best team by a large margin and the franchise looks poised to continue its success for some time.

So, yeah, I’d say locking Theo up is a good idea.