Forgive me if I’m not optimistic about the Wilpons’ chances of finding “strategic partners” who will gladly fork over millions in exchange for a minority share of the team, leaving the Wilpons in control. Why am I skeptical? Because the last time a baseball owner was in deep financial trouble and sought minority investors, it didn’t quite turn out the way he planned:
“I’ve been quietly looking for minority investors to come back into the ownership of the Rangers as a way to be prudent in a bad economy,” [Tom] Hicks said. “I’m doing the same thing with the Stars. At the end of the day, I’ll still have 51-to-60 percent of the ballclub and have new partners. That doesn’t change anything.
A little less than a year later Tom Hicks was being squeezed out completely while Mark Cuban and Chuck Greenberg fought tooth-and-nail for total control of the Texas Rangers.
It’s just a simple fact of investment life: minority shares in non-public entities are not worth anything close to what a controlling interest is worth. Perhaps the Mets, who likely have a much better potential cashflow than most teams, will still be an attractive investment who is merely interested in saying they own a piece of the team. But if the Rangers example is any indication, there aren’t a whole hell of a lot of people who want to be silent partners when the majority owner asking for a handout is in financial distress.
The Mets are an extremely valuable property. Their owners are in financial trouble. This is what most savvy investors call “an opportunity.” It strains credulity to think that people won’t make some offers for control of the Mets that the Wilpons find awfully hard to refuse.
The Astros and Nationals share a spring training facility, so it was only natural that they would open Grapefruit League play together. The Astros were the home team. Here’s the lineup they rolled out.
Teams typically include at least a few regulars in their spring training lineups as a courtesy to the fans, who are spending money to see big league players play baseball. This is especially the case for home games. However, the Astros have decided to roll out a lineup with a combined 323 MLB plate appearances.
There might be a reason for that. Houston was lustily booed as they took the field. This was after running a video on the scoreboard celebrating their 2019 AL championship.
That’s all with the team that beat them in the World Series (and is widely regarded as baseball’s current heroes for beating the big bad cheating Astros) in the other dugout, of course. Nationals starter Max Scherzer has not thrown at any Houston player, and the game is now in a rain delay. But it seems like the Astros decided to spare their players from some possible rough treatment, both from fans and opposing pitchers.
The same could not be said for Astros mascot Orbit, who was also booed.
One can quibble with the merits of booing a bunch of players who have barely touched the big leagues because you’re mad at Jose Altuve and Alex Bregman, but sports fandom is something of an irrational business. Fans are going to want their pound of flesh, especially when they paid for the right to be in the ballpark and give the Astros a piece of their mind. Some of them even brought props! This is just how it all works, unfortunately. If you’re in an Astros uniform, you’re probably going to get booed.
Welcome to the 2020 season, Astros. It’s probably going to be like this all year.