The New York Times reports that Saul Katz, who along with Fred Wilpon own around a 2/3 interest in the New York Mets, wants to sell his ownership stake.
The problem — if he sells his share, that likely deprives Fred Wilpon of his control of the team, because Wilpon doesn’t independently own 50%+ of the team. He runs it now in a partnership with Katz, who has always left baseball operations to Wilpon. If Katz were to structure the sale of his stake in such a way to prevent anyone else from having a share as large as Wilpn’s — say to separate buyers — he’d get way less than what the shares are actually worth given the lack of any team control offered to the buyers.
So, if Wilpon is to keep control of the team he’d have to buy out Katz himself, which is unlikely given the kinds of cashflow problems Wilpon has. Or I suppose he could try to get Katz to agree to take a fraction of what his large interest might go for in breaking it up among multiple buyers. For what it’s worth, Katz and Wilpon are brothers-in-law and business partners outside of the Mets, so I suppose anything is possible.
My guess: this is Katz making some noise and starting what may be a long process of getting out from under the Mets, not the harbinger of anything imminent given Wilpon’s desire to give the team to his son Jeff and given the logistical problems in place.
But, hey, if it allows Mets fans to at least begin to imagine what it’d be like for their team to be owned by people who actually have money to spend on this team I suppose it’s better than nothing.
Nationals’ outfielder Adam Eaton was carried off the field after stumbling over first base on Friday night. In the ninth inning of the Nationals’ 7-5 loss to the Mets, Eaton appeared to catch his ankle on the bag as he ran out an infield single, suffering a leg injury on the fall. He was unable to put pressure on his left leg after the play and required assistance by two of the Nationals’ athletic trainers as he exited the field.
Eaton is scheduled to undergo an MRI on Saturday, but Nationals’ manager Dusty Baker told reporters that it “doesn’t look too good.” It’s the first significant leg injury the outfielder has sustained since 2014, when he went on the 15-day disabled list with a hamstring strain. He’ll likely be replaced by Michael Taylor in center field for the next couple of games, though that could be a temporary fix as the Nationals seek a better solution during Eaton’s recovery process.
It’s been just over a week since Giants’ left-hander Madison Bumgarner got a serious scare after a nasty dirt bike accident. He escaped with bruised ribs and a Grade 2 strain of his left shoulder AC joint, but there was some speculation that the injuries would cause a significant, if not permanent, setback in the southpaw’s career. Thankfully, things aren’t looking quite so bleak today. Not only will Bumgarner not require surgery, but he could return as soon as the week following the All-Star break, the Giants said Friday.
Of course, that timeline is wholly dependent on how smoothly the recovery process goes, so nothing is set in stone yet. NBC Sports Bay Area’s Alex Pavlovic estimates 2-3 months of rest and rehab, including “two months before he can get back on the mound and then another three to four weeks of throwing and rehab starts before he’s big league-ready.” It’s a long and laborious schedule, but still looks much better than any surgical alternative.
Prior to the accident, Bumgarner was working on a solid start to the 2017 season. He maintained a 3.00 ERA, 1.3 BB/9 and 9.3 SO/9 through 27 innings with the club, though his average 1.75 runs of support per start fed into an 0-3 record.