Saul Katz wants to sell his share of the Mets

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The New York Times reports that Saul Katz, who along with Fred Wilpon own around a 2/3 interest in the New York Mets, wants to sell his ownership stake.

The problem — if he sells his share, that likely deprives Fred Wilpon of his control of the team, because Wilpon doesn’t independently own 50%+ of the team. He runs it now in a partnership with Katz, who has always left baseball operations to Wilpon. If Katz were to structure the sale of his stake in such a way to prevent anyone else from having a share as large as Wilpn’s — say to separate buyers — he’d get way less than what the shares are actually worth given the lack of any team control offered to the buyers.

So, if Wilpon is to keep control of the team he’d have to buy out Katz himself, which is unlikely given the kinds of cashflow problems Wilpon has. Or I suppose he could try to get Katz to agree to take a fraction of what his large interest might go for in breaking it up among multiple buyers. For what it’s worth, Katz and Wilpon are brothers-in-law and business partners outside of the Mets, so I suppose anything is possible.

My guess: this is Katz making some noise and starting what may be a long process of getting out from under the Mets, not the harbinger of anything imminent given Wilpon’s desire to give the team to his son Jeff and given the logistical problems in place.

But, hey, if it allows Mets fans to at least begin to imagine what it’d be like for their team to be owned by people who actually have money to spend on this team I suppose it’s better than nothing.

Howie Kendrick to undergo an MRI after exiting game with a serious leg injury

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Update, 7:49 PM ET: The Nationals placed Howie Kendrick on the 10-day disabled list with a right Achilles injury. In a corresponding move, right-hander Jefry Rodriguez was recalled from Double-A Potomac.

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Nationals left fielder Howie Kendrick was removed from the first game of Saturday’s doubleheader against the Dodgers after injuring his right leg. In the eighth inning, Kendrick tracked a Max Muncy sac fly to the wall, but landed strangely on his right leg and fell to the ground. Unable to put weight on it, he was forced to exit the field on a cart and was sent to undergo an MRI soon afterward, the results of which have yet to be revealed.

While the Nationals have not specified the nature or severity of Kendrick’s injury, Martinez revealed that it’s located in the “lower part” of the outfielder’s leg and appears to be quite severe. He’ll likely be placed on the 10-day disabled list in the next couple of days, though the recovery process could take even longer.

Prior to the incident, Kendrick was off to a hot start this season. Entering Saturday’s doubleheader, he carried a batting line of .302/.331/.477 with 18 extra-base hits and an .808 OPS in 157 plate appearances. He went 1-for-3 on Saturday with a base hit in the seventh inning. Andrew Stevenson subbed in for Kendrick following the injury and has been tabbed to start in left field for the second game of the doubleheader at 8:05 PM ET.