Thwarted Mets investor now a Yankees limited partner

5 Comments

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.

Francisco Rodriguez is being sued by his former landlord

David Maxwell/Getty Images
6 Comments

John Wisely of the Detroit Free Press reports that current free agent reliever Francisco Rodriguez is being sued by his former landlord for damage to the rented property as well as missing artwork. The landlord is asking for $80,000 after having kept Rodriguez’s $15,000 security deposit.

The lawsuit says that Rodriguez damaged a bedroom TV, a crystal floor lamp, glass shelves in the bar, glass tiles in the master bath, and a Moroccan mirror in the powder room. Additionally, the suit claims that the bedding is stained and paint has chipped, as well as other damages. And the piece of art that is allegedly missing, which depicts a tiger, is valued at more than $10,000.

Rodriguez has not yet been served with the suit, but the landlord has been speaking to his managers.

The Nationals released Rodriguez, 35, two weeks ago after having signed him to a minor league contract in late June. He started the season with the Tigers, but struggled to a 7.82 ERA over 25 1/3 innings before being released.

Report: Rays acquire Lucas Duda from the Mets

Jim McIsaac/Getty Images
13 Comments

MLB.com’s Mark Feinsand reports that the Rays have acquired first baseman Lucas Duda from the Mets. The Mets will receive pitching prospect Drew Smith in return, per Jeff Passan of Yahoo Sports.

Duda, 31, is batting .246/.347/.532 with 17 home runs and 37 RBI in 291 plate appearances for the Mets this season. He’ll provide a potent bat in the Rays’ lineup as they attempt to overcome their current 2.5-game deficit in the AL East.

Smith, 23, is the Rays’ No. 30 prospect, according to MLB Pipeline. He ascended from High-A to Triple-A already this season, posting an aggregate 1.60 ERA with a 40/9 K/BB ratio over 45 innings across four stops with High-A Lakeland (Tigers), High-A Charlotte (Rays), Double-A Montgomery, and Triple-A Durham.