When David Einhorn backed out of buying into the Mets, the Mets announced that rather than finding one big sugar daddy that they’d look for multiple sugar babies instead. Investors looking to give them, say $20 million a pop. The search for such beasts has been ongoing, but it’s not going quickly:
At this point, none of the units have been sold, said two people briefed on the status of the sales who spoke on the condition of anonymity. They added that there were strong buyer commitments for as many as seven of the shares. However, until there are equally firm offers for the other units, it is possible that none of them will be sold.
I still don’t get who would want to own a small part of a closely-held corporation like this. No control and the possibility of capital calls whenever. Fine, you can say you own a piece of the Mets and get a suite at the games. I could go to parties all over the city for a year and tell people I own part of the Mets and I bet no one would bother to call my bluff. A suite can be had for less than $20 million.
Oh well. The rich are different than you and me.
Back during the 2015 playoffs the sorts of New York media types who love to find reasons to criticize players for petty reasons decided to criticize Yoenis Cespedes for playing golf the day of a playoff game. The Mets won the series with the Cubs during which the controversy, such as it was, occurred and it was soon dropped.
It was picked back up again in 2016 when Cespedes, while on the disabled list with a strained quad, was seen playing golf. Despite the fact that everyone involved said that golf did not contribute to his injury and that golf would have no impact on his injured quad, it was deemed “a bad look” by a columnist looking to get some mileage out of bashing Cespedes for having a hobby that probably half of all ballplayers share. They did it when he showed off his fancy cars too, by the way, even though just about every ballplayer has a fancy car or three. When you’re a superstar in New York — especially when you’re one with whom the media is not particularly close for various reasons — you’re going to catch hell for seemingly nothing.
Now there’s a new twist to the Cespedes golf saga. Yoenis himself says that his poor start — he’s hitting .195/.258/.354 and leads the league in strikeouts — is due to . . . not enough golf! From the New York Times:
He gave a possible reason for the poor start this weekend: not playing enough golf, a hobby beloved by many baseball players. And, yes, he is serious.
“In previous seasons, one of the things I did when I wasn’t going well was to play golf,” he said after a game on Friday in which he struck out four times but still drove in the go-ahead run in the 12th inning. “This year, I’m not playing golf.”
The story says Cespedes quit golf last summer because he worried that it was contributing to hamstring problems. He’s thinking about going back to it soon, as he thinks it’ll help his swing. Given that he’ll catch hell either way, he may as well do what he wants.