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.
Padres’ outfielder Alex Dickerson won’t see PETCO Park anytime soon — at least, not as its starting left fielder. The 27-year-old was diagnosed with a bulging disc in his lower back prior to the start of the 2017 season, and hasn’t made any kind of substantial progress in the months since. According to Dennis Lin of the San Diego Union-Tribune, he suffered a setback in his recovery process last week and is set to undergo a season-ending discectomy next Wednesday.
Over 285 plate appearances, Dickerson batted .257/.333/.455 with 10 home runs and a .788 OPS for the Padres in 2016. He missed several days with a right hip contusion last July, but hasn’t experienced any substantial health problems since undergoing surgery in 2014 to repair a torn ligament in his left ankle.
The expected recovery period for lower back surgery is 3-4 months, according to Lin, which puts Dickerson’s estimated return just a few days before the end of the regular season. The Padres aren’t scraping the bottom of the NL West, but their 29-44 record doesn’t bode well for a postseason run this year. Assuming Dickerson rehabs his back in a timely manner, he should be in fine form to enter the competition for left field next spring.
Hanley Ramirez played a pivotal role during the Red Sox’ 9-4 win over the Angels on Friday night, crushing a two-run homer off of Alex Meyer to bring the Sox up to a four-run lead in the fourth inning.
Well, crushed might be the wrong word. The ball cleared the right field fence with a mere 350 feet, landing just beyond Pesky’s Pole to bring Ramirez’s career home run total to an even 250.
According to the ESPN Home Run Tracker, Ramirez’s milestone blast wasn’t the shortest home run of the year — not by a long shot. That distinction currently belongs to Rays’ outfielder Corey Dickerson, who skimmed the left field fence at Rogers Centre with a 326-foot homer back in April.