Potential Mets investors include a hedge fund manager

7 Comments

I guess if you’re in he hedge fund business you’re going to have a lot of friends who are hedge fund managers. That seems to be the case with the Mets’ owners anyway, as it is being reported in the New York Times that hedge fund manager Steven A. Cohen — you always get a middle initial when you’re rich — may very well be the favored bidder for a minority share in the Mets.  As the Times reports, Cohen was approached by the Wilpon/Katz ownership group last year but declined.  People who know Cohen tell the Times that they are surprised that Cohen would want to take a minority stake in the Mets, but Cohen himself isn’t talking.

Other potential investors are also named, at least one of whom we’ve heard of before: Anthony Scaramucci, another hedge fund guy, and James McCann, the founder of 1-800-Flowers.com, who met with Fred Wilpon down at Mets spring training.

The timeline for the Mets to pick an investor is unclear.

Cubs to activate Craig Kimbrel on Thursday

Nuccio DiNuzzo/Getty Images
Leave a comment

The Cubs will activate reliever Craig Kimbrel ahead of Thursday afternoon’s game against the Braves, Sahadev Sharma of The Athletic reports.

Kimbrel, 31, ended a seven-month stint in free agency, agreeing to a three-year, $43 million contract with the Cubs earlier this month. He has made four minor league appearances, allowing one earned run on two hits and a walk with four strikeouts in 3 2/3 innings.

With an aggregate 3.96 ERA entering Wednesday, the Cubs’ bullpen has been among the better bullpens in the league. Adding Kimbrel, one of the greatest closers of all-time, certainly can’t hurt and will give them some stability in save situations.