Mar 9, 2011, 11:03 AM EST
Unlike the Donald Trumps of the world, this seems plausible:
Paul Danforth, a former Mets executive who now holds a senior post at CAA Sports, the fast-growing sports division of the Creative Artists Agency of Hollywood, is a lead investor in a group seeking to buy a share of the Mets, according to a person who was briefed on the group’s interest.
He’s affiliated with his father-in-law who happens to be a retired investment banker. The Times reports that at least three other groups have applied to Major League Baseball to see the Mets’ financial statements. All of them are some fun mix of investment banking types, Wall Street types or entrepreneurs.
Danforth may be more serious than others. He worked for the Mets for 13 years in sales and his father-in-law has banking relationships with the Wilpons going back a decade or more. If the Wilpons are going to get someone to buy a minority share and nothing more, it may be more likely to be a friend. At the same time, if they do find it necessary to bake in some sort of option to take over into a minority sale, it may likewise be preferable for them to do so with a friend.
- Great Moments in Media Arrogance: Marshawn Lynch edition 0
- Nationals sign former Blue Jays closer Casey Janssen 8
- Ichiro Suzuki’s deal with the Marlins is worth $2 million 12
- Orioles acquire outfielder Travis Snider from Pirates 31
- Not so fast on the Bud Selig Hall of Fame talk 50
- Blue Jays sign president and CEO Paul Beeston to extension through 2015 26
- Reds sign four-year contract extension with Devin Mesoraco 11
- The Yankees are going to try to get out of paying A-Rod his contract incentives 82
- Bud Selig: The Greatest Commissioner in the History of Baseball (146)
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts (118)
- Why “Deflategate” would never happen in baseball (93)
- The Yankees are going to try to get out of paying A-Rod his contract incentives (82)
- Comments of the Day: some of you guys aren’t big Bud Selig fans (77)