Report: The Mets finally have a minority owner. And Fred Wilpon’s days could be numbered

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Multiple outlets are reporting this morning that the Mets have an agreement to sell 49% of the team to one David Einhorn of the hedge fund Greenlight Capital, Inc. for $200 million. The sale would not include a stake in SNY, it’s being reported. No word on what kind of managerial control, if any, Einhorn would have.

For those who care about such things, Einhorn is really young — he turns 43 this year — and is a serious poker player too. Colorful guy.

It’s also probably worth noting that Einhorn is in the news this week for much more significant business reasons:  he, as one of the bigger shareholders in Microsoft, is calling for the company to fire its CEO Steve Ballmer.  He’s also famous for being the guy who called B.S. on Lehman Brothers’ valuation and business practices well before anyone else did, and has made oodles shorting the stock of companies he feels are mismanaged. And he’s been pretty much vindicated in all of these assessments.

So: Einhorn is a guy who is not afraid to call for the head of management and he’s a guy who knows how to make a killing on a distressed asset.  Yeah, I can totally see Einhorn agreeing to a deal in which he’s willing to sit back and let Fred Wilpon do everything he wants to do without any power to question, control or take over the course of the New York Mets. No question about it. It’s like, totally his M.O.

It may not be today and it may not be tomorrow, but I have this feeling that Fred Wilpon’s days as majority owner of the Mets are numbered.

Nationals promote 19-year-old prospect Juan Soto

SportsLogos.net
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The Nationals recalled 19-year-old outfield prospect Juan Soto from Double-A Harrisburg on Sunday, per a team announcement. Soto is poised to become the youngest player in the league once he makes his official debut with the club, and the Nationals’ first teenager to enter the majors since Bryce Harper made his first appearance back in 2012.

Entering the 2018 season, Soto was ranked no. 2 in the Nationals’ system and 15th overall. He’s certainly lived up to the hype during his first two years of pro ball, blazing through Single-A, High-A and Double-A levels in 2018 alone. While he logged just eight games at the Double-A level prior to his promotion to the majors, he proved consistent across all three levels this spring and slashed a cumulative .362/.462/.757 with 14 home runs and a 1.218 OPS in 182 plate appearances.

It’s not entirely clear how soon or in what capacity the Nationals will utilize their youngest player, but Soto’s tear through the minors is sure to pave the road for a few opportunities on the big-league level. He’ll be available off the bench for Sunday’s series finale against the Dodgers.