Once or twice a month we get a new story about how the Mets have sold several of those minority stakes they’ve been peddling for close to a year. The stories always have a bit of an optimistic “we’re almost there!” spin to them. The latest appeared yesterday as the Newsday — and then the other New York papers — reported that the Mets have sold 7 of the 10 shares.
Except, as Howard Megdal explains, it’s all highly misleading. Six of those seven shares are slated to go to related entities, not outside investors. The seventh is Steven Cohen, who is clearly much more interested in buying the Dodgers and is likely trying to create some goodwill buy throwing $20 million the Mets’ way.
Go read Megdal’s take on it as well as his detailing of the sheer amount of debt the Mets currently have. And ask yourself whether these stories about the Mets selling minority shares should be spun as an optimistic thing or, rather, a somewhat desperate thing.
Minnesota’s Josh Donaldson managed to get ejected while hitting a home run.
Donaldson barked at plate umpire Dan Bellino for the second time in the sixth inning of a 4-3 loss to the Chicago White Sox on Thursday.
With the score 2-2, Bellino called a strike when the 2015 AL MVP checked his swing on a 2-0 pitch from Reynaldo Lopez.
Manager Rocco Baldelli came out to speak with Bellino, and Donaldson homered down the left-field line on the next offering. After rounding the bases, Donaldson kicked dirt at home plate as he crossed it.
Bellino ejected him immediately, and Donaldson, realizing he had missed home plate, returned to the plate to touch it and then argued as he kicked more dirt on it.
Donaldson also had argued with Bellino on a 1-1 breaking ball in the first inning that appeared to be high but was called a strike, leading to a strikeout.
“We need Josh on the field, out there playing, and at third base,” Baldelli said. “That’s when we’re at our best. And so that’s really the end of it. I think we can move past it at his point, and go from here.”