What will your $20 million get you if you buy into the Mets?

19 Comments

As we know, the Wilpons are selling off minority stakes in the New York Mets. They want multiple investors to give them $20 million a pop for a non-controlling interest.

Now, anyone familiar with close corporations knows that having that kind of stake in such a business — especially a family business — is an exercise in powerlessness. You have no say in just about anything. The draw of such an investment is that you’ll either (a) get some good cash flow out of it; or (b) your stake will appreciate nicely. And neither of those two things seem likely any time soon with the Mets.

So why would you invest? Well, Richard Sandomir of the New York Times tells us today. Among your ownership perks:

… the $20 million would include one free trip with the team during the regular season (the Mets would pick the city); one free weekend’s stay at spring training; and a lot of potential lunch dates — with broadcasters and former players. A luncheon with the manager and general manager? Off-season only, the document says. Merchandise? Discounts, but not giveaways.

So if a midweek trip to Houston, an all-expenses paid stay at the Holiday Inn Express in Port St. Lucie, an in-season lunch with Wally Backman, an offseason lunch with Terry Collins and deep discounts on an R.A. Dickey bobblehead all sound enticing to you, by all means, give Fred Wilpon that extra $20 million you have laying around.

Angels’ Pujols passes Mays for 5th on homer list with No. 661

Pool Photo-USA TODAY Sports
4 Comments

ANAHEIM, Calif. — Los Angeles Angels slugger Albert Pujols passed Willie Mays for fifth place on the career home run list, hitting No. 661 on Friday night against Texas.

The 40-year-old Pujols connected for a solo homer with two outs in the fifth inning. He sent Wes Benjamin‘s fastball on a 1-2 count over the wall in left field.

Pujols has hit five homers this season. He tied Mays last Sunday at Colorado.

It is only Pujols’ second home run since Aug. 4. He now trails only Barry Bonds (762), Hank Aaron (755), Babe Ruth (714) and Alex Rodriguez (696).

Pujols has one more season left on his contract with the Angels after this year.

Benjamin was the 428th different pitcher Pujols homered against in his career. Only Bonds has homered against more pitchers (449).