What will your $20 million get you if you buy into the Mets?


As we know, the Wilpons are selling off minority stakes in the New York Mets. They want multiple investors to give them $20 million a pop for a non-controlling interest.

Now, anyone familiar with close corporations knows that having that kind of stake in such a business — especially a family business — is an exercise in powerlessness. You have no say in just about anything. The draw of such an investment is that you’ll either (a) get some good cash flow out of it; or (b) your stake will appreciate nicely. And neither of those two things seem likely any time soon with the Mets.

So why would you invest? Well, Richard Sandomir of the New York Times tells us today. Among your ownership perks:

… the $20 million would include one free trip with the team during the regular season (the Mets would pick the city); one free weekend’s stay at spring training; and a lot of potential lunch dates — with broadcasters and former players. A luncheon with the manager and general manager? Off-season only, the document says. Merchandise? Discounts, but not giveaways.

So if a midweek trip to Houston, an all-expenses paid stay at the Holiday Inn Express in Port St. Lucie, an in-season lunch with Wally Backman, an offseason lunch with Terry Collins and deep discounts on an R.A. Dickey bobblehead all sound enticing to you, by all means, give Fred Wilpon that extra $20 million you have laying around.

Henderson Alvarez signs with Tigres de Quintana Roo

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Free agent right-hander Henderson Alvarez signed a deal with the Tigres de Quintana Roo of the Mexican Baseball League earlier this week, FanRag Sports’ Jon Heyman reported Friday. The righty wasn’t necessarily too fringey a player to hack it in the big leagues, but there were no MLB takers in attendance during his showcase in Venezuela last month and he clearly felt it best to try his luck elsewhere.

The 27-year-old’s last major league gig came with the Phillies, for whom he delivered a 4.30 ERA, 6.8 BB/9 and 3.7 SO/9 over 14 2/3 innings in 2017. While he’s not too far removed from his first and only All-Star bid in 2014, he was besieged by shoulder issues in 2015 and 2016 and underwent season-ending surgeries as a result.

That added injury risk, coupled with the fact that he hasn’t pitched more than 22 innings in a single season since 2014, may have been too much for major league teams to take on this spring. Assuming he steers clear of further injuries, however, a return to the majors may not be entirely out of the question in years to come.