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Wednesday, May 20, 2020

Bartolo Colon, 46, yearns for one more season in the majors

Even though Bartolo Colon hasn’t thrown a pitch in the majors since September 2018, the 46-year-old is not thinking about retirement.

Colon hopes to pitch one more big league season, and if given the choice, it would be with the New York Mets.

“I thought that last year maybe I would have the opportunity,” Colon said on a video call with ESPN. “I know that if it didn’t happen last year, this year would be less likely. I’m getting older and the game is all about the young pitchers coming up. When you get older, teams no longer need your services.”

Colon, who has pitched 21 seasons and won 247 games, said his time with the Mets from 2014 to ‘16 held some of his fondest memories. He highlighted the clubhouse environment and the Mets’ young pitching staff, particularly Noah Syndergaard, who anointed him “Big Sexy”—which became the title of his recently released autobiography.

“That Mets team was really something special,” he said. “I’ve played with 10 teams, but with the Mets, the way all those players treated me, how that entire franchise treated me, from the front office to the kitchen staff, it was amazing. And Mets fans are the best. In the beginning, when they laughed at me every time my helmet fell off, at first I felt uncomfortable. But when I saw how much the fans enjoyed it, I asked for a bigger batting helmet so that it would fall more because it was so much fun for them!”

He added: “If it was up to me, I would retire with the Mets. I would like my career to end in New York.”

 


Tuesday, April 28, 2020

A-Rod, J-Lo and the Mets Ownership Possibilities

At the end of last year, it looked like the Wilpon family might sell the New York Mets to Steven Cohen for around $2.5 billion. The proposed sale was an unusual one. It did not include SNY, the Mets’ regional sports network, which is owned by the Wilpons; the Wilpons were also set to maintain some degree of control of the team for years after the sale. In what didn’t come as much of a surprise given the deal’s unusual nature, things fell apart and the Mets are once again looking for new owners. Enter Alex Rodriguez and Jennifer Lopez.

As reported by Scott Soshnick in Variety, Rodriguez and Lopez have sought help from JPMorgan Chase to raise funds to purchase the team. The piece notes that A-Rod and J-Lo have a combined net worth of around $700 million, which is obviously well short of what is needed to meet a potential purchase price over $2 billion. While that gap might appear insurmountable, an A-Rod/J-Lo owned Mets team isn’t as far-fetched as it may seem. First, consider that any purchase of this type is going to be financed with a considerable amount of debt. As Tom Ley wrote in his analysis of the Cubs’ previous sale — in the Ricketts’ initial plans to purchase the Cubs, there was talk of financing as much as $750 million of a potential $1.15 billion deal, though in the end, they paid $845 million and financed $450 million — teams are bought with significant amounts of financing:

Ted Lerner purchased the Nationals for $450 million in 2006, and the “Debt Primer Presentation” GSP sent to the Ricketts includes the details of that sale as a case study for how a highly leveraged purchase can work. Lerner took on the maximum amount of debt—$360 million—in order to purchase the team. Jim Crane bought the Houston Astros for $615 million in 2011, reportedly by taking on $300 million in debt; the Dodgers ownership group assumed $412 million in debt when they purchased the team in 2012.

Generally, teams are not allowed to carry debt greater than eight times their earnings before interest, taxes, depreciation, and amortization (EBITDA). That would present a problem for the Mets, but the rules are slightly different for purchases. Under the current CBA, the provision regarding sales essentially indicates the need for a plan subject to approval by the Commissioner

They could always raise the needed money from the gym owners of Florida…..

QLE Posted: April 28, 2020 at 01:15 AM | 19 comment(s)
  Beats: alex rodriguez, finance, mets being mets, mets mets mets

Thursday, April 23, 2020

Former Mets GM remembers Jerry Krause’s skills as a baseball scout

Both before and after his time as the general manager who helped the Bulls win six championships in the 1990s, Jerry Krause worked in baseball as a scout.

He worked for seven different teams dating back to the 1970s and all the way up to into the 2010s: the White Sox, the Cleveland Indians, Oakland Athletics, Seattle Mariners, New York Yankees, New York Mets and Arizona Diamondbacks.

While “The Last Dance” is exploring what kind of general manager he was in the NBA, what kind of scout was Krause in Major League Baseball?

“He was a hard worker and had great knowledge on how to break down a player from a scouting perspective,” former Mets general manager Omar Minaya told the New York Post’s Ken Davidoff. “He also had a real eye for seeking out those diamond-in-the-rough players.

 

QLE Posted: April 23, 2020 at 01:44 AM | 0 comment(s)
  Beats: jerry krause, mets mets mets, scouts

Tuesday, April 21, 2020

Alex Rodriguez, Jennifer Lopez Retain JPMorgan to Raise Money for Mets Bid (EXCLUSIVE)

Retired baseball star Alex Rodriguez and his fiancé, recording artist and actor Jennifer Lopez, have retained JPMorgan Chase to raise capital for a possible bid on the New York Mets, people familiar with the matter said.

The superstar couple is working with managing director Eric Menell, the bank’s co-head of North American media investment banking, said the people, who were granted anonymity because the matter is private. Menell didn’t respond to several requests seeking comment.

Representatives for Rodriguez and Lopez did not immediately respond to requests for comment.

The Wilpon family, which owns the Mets, said in December they were in talks to sell up to 80% of the Major League Baseball team to hedge fund titan Steve Cohen in a deal that valued the club at $2.6 billion. Under terms of that proposed deal, the Wilpons would’ve maintained control of the franchise for five years.

Wondering what it would say that A-Rod running the team Marlins-style would be a step up from current conditions…..

 

QLE Posted: April 21, 2020 at 12:27 AM | 44 comment(s)
  Beats: alex rodriguez, mets mets mets, ownership

Friday, April 17, 2020

Andrew Cuomo talks baseball-return hope with Mets’ Jeff Wilpon

New York Gov. Andrew Cuomo said Wednesday he is hoping baseball can return soon and made his feelings known to Mets COO Jeff Wilpon.

But with one caveat.

“I said why can’t we talk about a baseball season with nobody in the stands? Why can’t you play the game with the players,” Cuomo told his brother Chris on CNN’s “Cuomo Prime Time” Wednesday. “I think it would be good for the country. I think it would be good for people to have something to watch and do. To fight cabin fever. I think it’s something I’m going to pursue.”

Gov. Cuomo said he wants the games to be played even without the fans as a holistic approach. MLB officials recently floated a plan to put all 30 teams in the Phoenix area in empty ballparks to start the season.

Wait- he wants the return of major league baseball, and he talked with the Mets?

 

QLE Posted: April 17, 2020 at 12:55 AM | 0 comment(s)
  Beats: 2020 season, andrew cuomo, behind closed doors, jeff wilpon, mets mets mets

Saturday, March 07, 2020

Tim Tebow is among the Mets’ first wave of spring training cuts

Tim Tebow’s fourth time in big-league camp concluded on Friday, as the former Heisman Trophy-winning quarterback was among the club’s first wave of spring cuts, according to MLB.com.

Tebow, 32 and entering his fourth full professional season, appeared in 10 games prior to being reassigned. In those appearances, he racked up 13 at-bats and hit .154/.389/.385 with a home run and nearly as many walks (four) as strikeouts (six). Tebow’s home run, which came off Detroit Tigers right-hander Alex Wilson, was his first he’d hit in any big-league camp.

For those unaccustomed with the at-times complex jargon of baseball transactions, Friday’s reassignment doesn’t carry great significance. Tebow was never going to make the big-league club out of camp, and he isn’t on the 40-man roster, meaning he cannot be “optioned.” All this move signifies is that he’ll be preparing for the season on the minor-league side of things.

 

 


Tuesday, March 03, 2020

Helping Paul Sewald Help the New York Mets

One area of potential weakness for the 2020 New York Mets is their bullpen. Even the seemingly strong backend of Seth Lugo, Dellin Betances, and Edwin Díaz leave more questions than answers. Lugo has been the most stable, but he may be competing for the fifth spot in the rotation. The Mets took a chance on Betances, who pitched in one game last season before going down again with a “freak injury” — what he’ll be capable of in 2020 is anyone’s guess. Díaz, whom the Mets traded for back in December 2018, and who was once one of the most dominant closers in baseball, ended up becoming a major liability for the bullpen.

The supporting cast of Brad Brach, Robert Gsellman, and Justin Wilson present some uncertainty as well. Brach pitched well after being released by the Chicago Cubs, but projects for less than a win. Gsellman is an average reliever, and Wilson is an injury concern after missing 10 weeks in 2019 with elbow soreness.

And if things do go south for the bullpen, the Mets’ reinforcements are limited. Among them is 29-year-old righty Paul Sewald, who might be an option in 2020, but there are some adjustments he’ll have to make before he can be a meaningful contributor. As it stands, Sewald may not even make the 2020 Opening day Roster. Sewald possesses good command of his three-pitch arsenal, which consists of an average four-seamer and changeup, with an above-average slider. Sewald mainly goes to the fastball and slider, with some changeup cameos from time to time:

Let’s examine Sewald’s arsenal and how it performed in 2019. Despite the fact that he threw just 19.2 innings last year, we can still glean some useful information; his inclinations didn’t vary much from his previous two seasons with the Mets.

This headline isn’t cursing him, is it?

 

QLE Posted: March 03, 2020 at 01:49 AM | 6 comment(s)
  Beats: bullpens, mets mets mets, paul sewald

Thursday, February 20, 2020

Steve Cohen still lurking over potential sale of the New York Mets (Report)

Steve Cohen’s bid is still looming large over the Wilpons’ potential sale of the New York Mets. SNY could also be involved as well.

Daniel Kaplan of The Athletic is reporting that the New York Mets‘ sale is being hurt by Steve Cohen‘s presence. Sports bankers are telling Kaplan that potential buyers are afraid of being used as a “stalking horse” in the process.

Potential buyers are scared that they’ll put together a bid and the Wilpons will crawl back to Cohen. They don’t want to waste the time and effort to put together an offer if it’s not going to mean anything.

Cohen is also still present in the Mets organization. He owns eight percent of the team. That means he’s going to be privy to most notes about a potential sale of the team, which will allow him to play defense and create a better opportunity for himself.

As always, my apology for not being able to link to the original pay-walled source.

 

QLE Posted: February 20, 2020 at 12:45 AM | 0 comment(s)
  Beats: mets being mets, mets mets mets

 

 

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