The Mets hope to sell ten minority shares by the end of February

11 Comments

When last we heard of the Mets’ sale of $20 million minority stakes in the team, they were allegedly close to closing on the sale of five shares.  That as early January, and as of yet, they haven’t closed.  At least as far as we know. Here’s the latest from Steven Marcus of Newsday:

The Mets expect to sell 10 minority shares of the team by the end of February, a person familiar with the process said Monday … It previously was believed that the Mets would close on a minimum of four units by the end of January. No reason was given for the new timetable or whether the closings would take place at the same time. None of the potential investors has been revealed.

Next month’s headlines today:  “Mets expect to close on ten shares by Opening Day” and “Oceania has always been at war with Eastasia.”

Report: Angels to acquire Ian Kinsler from the Tigers

Duane Burleson/Getty Images
2 Comments

Update (9:38 PM ET): The Tigers will receive minor leaguers Wilkel Hernandez and Troy Montgomery from the Angels, Anthony Fenech of the Detroit Free Press reports.

Hernandez, 18, was signed by the Angels as an international free agent out of Venezuela in July 2015. This past year, in rookie ball, Hernandez posted a 2.64 ERA with a 44/22 K/BB ratio in 44 1/3 innings. MLB Pipeline rated him the Angels’ 24th-best prospect.

Montgomery, 23, was selected by the Angels in the eighth round of the 2016 draft. Between Single-A Burlington, High-A Inland Empire, and Double-A Mobile, Montgomery batted an aggregate .271/.358/.413 with eight home runs, 38 RBI, 62 runs scored, and 15 stolen bases in 434 plate appearances. MLB Pipeline rated him as the Angels’ 20th-best prospect.

*

Ken Rosenthal of The Athletic reports that the Angels will acquire second baseman Ian Kinsler from the Tigers. It is not known yet what the Tigers will receive in return. Kinsler had to waive his no-trade clause in order for the deal to happen.

Kinsler, 35, hit .236/.313/.412 with 22 home runs, 52 RBI, 90 runs scored, and 14 stolen bases in 613 plate appearances for the Tigers this past season. He’s in the final year of his contract and will earn $10 million for the 2018 season.

The Angels were certainly looking to upgrade at second base and did so with Kinsler. They were also reportedly interested in Cesar Hernandez of the Phillies.