Feb 1, 2011, 8:20 AM EDT
From the Daily News we learn that, for all of the weekend hubub, Martin Luther King III’s role in any potential Mets investor group would be quite limited:
The son of the slain civil rights leader said reports that he is leading a group to buy a share of the Mets have been greatly exaggerated … King said he may indeed join a group of investors interested in the Mets, but he made it clear that he is not leading the effort and Monday, King’s potential partners were already downplaying his involvement in a group that hopes to buy 50% or more of the franchise.
[Larry] Meli told the Daily News that King might be the face of the group, but he won’t be the wallet. ”He’s not a deep-pocket financial guy,” said Meli, a television executive. “In his mind, he’s not even the lead guy. But given his reputation and legacy, his name has percolated to the surface.”
At the risk of me being even more cynical than I typically am, I’m inclined to believe that whoever is the wallet of the this alleged investors’ group is using King’s name for press and gravitas.