Mets hire the turnaround consulting firm that handled the Rangers bankruptcy and sale

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Eno Sarris of Amazin’ Avenue reported last night that the New York Mets have hired a consulting firm called CRG Partners.  The significance?  That’s the same consulting firm Tom Hicks and the Texas Rangers hired in 2010 (a) to put them into and help them through bankruptcy and; (b) to eventually help sell the team to Chuck Greenberg and Nolan Ryan.

A little after Eno’s report came out the Mets confirmed that they hired CRG. But they disputed any suggestion that this has anything to do with a bankruptcy or a sale. Rather, it was “to provide services in connection with financial reporting and budgeting processes.”

Could be. There are a lot of reasons to hire a turnaround firm and if the Wilpons don’t plan to sell they can’t be forced to unless everything completely crashes. But as Eno points out in his report, such firms make the biggest money when they help orchestrate something big, not when they come in and help a business optimize their TPS reports.

It strikes me that the thing to watch here is when and if the Mets finally manage to sell off those minority interests they’ve been trying to sell in order to raise cash.  Sandy Alderson said yesterday that he believes that’s going well and deals could close this month, but it’s been taking a while and nothing has been announced.

Know who else tried to sell minority shares to save themselves and couldn’t?  The Texas Rangers. Then they hired CRG.  So, you know.

Report: Joe Girardi waiting for opening with Cubs

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Fancred’s Jon Heyman reports that former Yankees manager Joe Girardi took himself out of the running for the Reds’ and Rangers’ managerial openings. The “industry speculation” is that Girardi is waiting a year for a potential opening to manage the Cubs.

Current Cubs manager Joe Maddon has one more year left on his contract. While the Cubs have played quite well under his tenure, the front office and Maddon haven’t had any discussions about an extension, which means 2019 might be his final year with the club. Under Maddon’s leadership since 2015, the Cubs won the championship in 2016 and compiled a 387-261 (.597) record during the regular season.

Girardi, 54, spent his first four seasons in the majors with the Cubs and another three towards the end of his career. He managed the Marlins for one year in 2006, then managed the Yankees from 2008-17, leading them to a World Series in ’09 and an overall regular season record of 910-710 (.562).