This is fun. Adam Gross from the Metsonline blog talked to a financial industry source to get an assessment of the merits of those minority stakes the Mets are trying to sell off. Click through for the detailed comments of the financial guy. In the meantime, here is the upshot:
He basically responded saying that no one should want to become a minority owner because the benefits that you get from becoming an owner are available for a much cheaper sum and the investment has essentially no upside.
But hey, discounts on foam fingers and stuff.
Anyway, why do I feel like this is going to end much like Tom Hicks’ gambit of selling off minority shares in the Rangers a couple of years ago? With the whole team for sale.
Aaron Boone has no experience as a coach or a manager at any level. As such, some have speculated that he’d hire a more seasoned hand as his bench coach as he begins his first season as Yankees manager. Someone like, say, Eric Wedge, who was a candidate for the job Boone got and who once managed Boone in Cleveland.
Nope. According to MLB.com’s Mark Feinsand, he’s going with Josh Bard.
Bard, 39, was a teammate of Boone’s with the Indians in 2005. He’s not without coaching experience, having spent the last two seasons as the Dodgers’ bullpen coach, but he’s not that Gene Lamont/Don Zimmer-type we often see in the bench coach role.
Which is fine because different managers want different things from their bench coach. Some are strategy guys, helping with in-game decision making. Others are relationship guys who help managers understand all of the dynamics of the clubhouse while they’re worrying more about lineups and stuff. Others are trust guys, who can serve as the manager’s sounding board, among other things. Some are combinations of all of these things. As Feinsand notes in his story, Boone said at his introductory press conference that he’s looking for this:
“I want smart sitting next to me. I want confidence sitting next to me. I want a guy who can walk out into that room and as I talk about relationships I expect to have with my players, I expect that even to be more so with my coaching staff. Whether that is a guy with all kinds of experience or little experience. I am not concerned about that.”