The last time we heard that the Mets were close to landing their sought-after minority investor — Steve Cohen — the deal went sideways. So it was try, try again and, according to the New York Post, they’re getting close once again:
Team ownership has chosen a preferred bidder — the group led by former commodities trader Ray Bartoszek and investor Anthony Lanza — and have been in advanced talks since last week on the proposed deal to sell up to a 49 percent stake in the money-losing team for $200 million, sources told The Post.
As always, there are still details to nail down. One, which could be an issue, is that apparently Bartoszek and Lanza want a piece of SNY. Which seems reasonable given that it makes tons of money and the Mets, at the moment anyway, not so much. You want equity, Fred, you gotta give up something of value, right?
According to the post, Wilpon wants this deal to close by June 30th. I’m assuming that date is important for fiscal year purposes, but given Wilpon, that could just be the release date of the next in-depth interview he gave and he wants to get out in front of things.
In another thrilling round of the 2018 Home Run Derby, Kyle Schwarber walked off to defeat Rhys Hoskins and advance to the finals in the 2018 Home Run Derby. Hoskins hit 20 — surpassing his first-round total of 17 — but Schwarber was able to do him one better in regulation time.
For most of the round, Schwarber was “only” on pace to hit 17 or 18, but he got on a roll after using his time-out. He mashed about five home runs in the span of 30 seconds. With just a couple of seconds left on the clock, Schwarber hit his 21st home run to send Rhys to the showers. Of course, Schwarber had unlocked 30 seconds of bonus time since he hit two home runs that went at least 440 feet, so it was a formality. But to do it in regulation in buzzer-beater fashion was more fun than opening bonus time with the send-off.
Still an impressive showing by Hoskins. He became the first player to hit 20 home runs in the semifinals of the Derby, per ESPN Stats & Info. His 37 total homers are the second-most by a Phillies player in the Derby. Bobby Abreu hit 41 home runs en route to winning in 2005.
In the finals, Schwarber will face the winner of the Max Muncy–Bryce Harper showdown.