I am sorry I am a day late on this. Any of you guys realize where the title of the post is from? Anyhoo, as the Mets reach .500 we can ponder on this.
“The reported deal, still subject to approval by MLB, is said to be a $200 million investment in the team by Einhorn, who would get a 33% stake in the team. If Wilpon and Katz repay Einhorn the $200M within three years,
Einhorn will have the option to gain the majority share (60% according to this article) for just one dollar. One hundred pennies.”
That is from MLB daily dish you can read more there.
What’s the over/under of Einhorn buying the Mets in 3 years?
While in the medium term I hope that Einhorn is owner of the Mets (say in two or three years, because it will not happen immediately), my real hope is that his infusion of cash enables them to re-sign Reyes and Wright while also allowing them to obtain some needed pitching for next year.
Michael, would you rather see the team resign both Wright and Reyes, or trade one or both of them for the prospects that will form the core of a team that can be a legitimate contender for several years running?
Reyes is going to want 5 or 6 years. Do you really think his speed won’t drop off in another couple of years? If the team won’t contend for at least 3 or 4 years, Reyes would be more of a liability than an asset to those championship teams. It will be better for the team in the long run to have the young talent.
If you’re arguing that Reyes and Wright are pivotal to selling tickets in the here and now, that’s debatable, as the team isn’t selling tickets with them already…
This is probably obvious, but Einhorn supposedly gets the team for one extra dollar if the Wilpons DON’T give back the $200 million.
Sweet deal. He gets all his money back and still keeps 1/3rd of the team. He doesn’t get it back, he’s got a $700-some-odd million ball club for $200,000,001.