The Mets deal with David Einhorn continues to be delayed

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Last week the Daily News reported that the Mets deal with investor David Einhorn was being slowed up because the Mets, no longer shackled by the exclusive negotiation window with Einhorn, were talking to others who may offer them a better deal. Today the New York Post tells a somewhat different story: the Einhorn deal isn’t sealed yet because another Mets lender — J.P. Morgan Chase — is blocking it.

Why?  Because Einhorn’s deal, though thought of as an investment in the team, is functionally like a loan. As in, he’s offering the Mets money now, is taking  a stake of the team as, essentially, collateral, and will be repaid in three years, at which time his stake is reduced to 16 percent. That 16 percent can be thought of as interest.

At least that’s how J.P. Morgan sees it. And, as someone who is owed way more money by the Mets than Einhorn will be, and as someone who lent money to the Mets earlier, they want to be paid back before Einhorn is.

So, the Mets are still negotiating with everyone and are likely still shopping around for other investment offers.  But it’s not necessarily out of a pure position of leverage over Einhorn. It’s partially because they can’t yet get the deal done with him.

Tigers sign Edwin Jackson to a minor league deal

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The good news: most-traveled-player ever Edwin Jackson has a job again. The bad news: it’s not with team number 15. He’s repeating himself, going back to the Tigers, for whom he pitched in 2009. Oh well.

Jackson, 35, posted a ghastly 11.12 ERA in 28 and a third innings over eight appearances with the Blue Jays this season, five of which came as starts. If he can manage to be merely bad instead of terrible he’s likely to get several starts for Detroit in the second half as the Tigers are playing for nothing and teams playing for nothing are well-served by veteran arms.

And heck, if he starts one in the next week or so and is amazing, maybe — just maybe — Detroit can flip him to team number 15? We can dream, can’t we?