The Mets’ search for investors is moving slowly

7 Comments

When David Einhorn backed out of buying into the Mets, the Mets announced that rather than finding one big sugar daddy that they’d look for multiple sugar babies instead. Investors looking to give them, say $20 million a pop.  The search for such beasts has been ongoing, but it’s not going quickly:

At this point, none of the units have been sold, said two people briefed on the status of the sales who spoke on the condition of anonymity. They added that there were strong buyer commitments for as many as seven of the shares. However, until there are equally firm offers for the other units, it is possible that none of them will be sold.

I still don’t get who would want to own a small part of a closely-held corporation like this. No control and the possibility of capital calls whenever.  Fine, you can say you own a piece of the Mets and get a suite at the games.  I could go to parties all over the city for a year and tell people I own part of the Mets and I bet no one would bother to call my bluff.  A suite can be had for less than $20 million.

Oh well. The rich are different than you and me.

Report: Red Sox sign Kenley Jansen to 2-year, $32 million deal

Dale Zanine-USA TODAY Sports
0 Comments

SAN DIEGO — Veteran closer Kenley Jansen and the Boston Red Sox have agreed to a two-year, $32 million deal, a person familiar with the deal told The Associated Press.

The person spoke to the AP on condition of anonymity because the agreement was pending a physical.

The 35-year-old Jansen went 5-2 with a 3.38 ERA in 64 innings for Atlanta this year. The three-time All-Star led the National League with 41 saves, helping the Braves win the NL East title.

Boston is looking to bounce back after it finished last in the AL East this season with a 78-84 record. The Red Sox went 92-70 in 2021 and lost to Houston in the AL Championship Series.

Jansen spent his first 12 seasons with the Los Angeles Dodgers, winning a World Series title in 2020. The right-hander signed a $16 million, one-year contract with Atlanta in March.

Jansen has a 2.46 career ERA. He was an All-Star in 2016-2018.

His 391 career saves are the second-most among active players (behind Craig Kimbrel‘s 394) and eighth all time.