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.
The Giants are finalizing a minor league deal for free agent outfielder Cameron Maybin, according to Andrew Baggarly and Ken Rosenthal of The Athletic. The team has not confirmed the signing, but it’s in keeping with their stated goal of adding more veteran presence and outfield options to their roster in advance of the 2019 season.
Maybin, 31, appeared in back-to-back gigs with the Marlins and Mariners in 2018. He slashed an underwhelming .249/.326/.336 with four home runs, 10 stolen bases (in 15 chances), a .662 OPS, and 0.5 fWAR through 384 plate appearances for the two clubs, a clear improvement over his totals in 2017 but still shy of the career numbers he posted with the Padres all the way back in 2011. It’s not only his offense that has tanked, but his speed and defense in center field, all of which he’ll try to improve as he jockeys for a roster spot in camp this month.
The Giants’ outfield has been largely depleted of any kind of consistent talent lately, especially taking into account the recent departures of Hunter Pence, Gregor Blanco, and Gorkys Hernández. Even with the acquisition of, say, All-Star right fielder Bryce Harper, there’s nothing standing in the way of Maybin and fellow veteran signee Gerardo Parra grabbing hold of full- or part-time roles this year, though they’ll need to outperform candidates like Chris Shaw, Steven Duggar, Drew Ferguson, Mac Williamson, Austin Slater, Craig Gentry, Mike Gerber, and others first.
In a previous report on Friday, Baggarly revealed that a “handshake understanding” had been established with several veteran players already this offseason, all but guaranteeing them regular starting opportunities over the course of the season. How those agreements will be affected by spring training performances remains to be seen, but at least for now, the Giants appear prepared to give their newest players a long leash as they try to get back on top in the NL West.