Apr 13, 2011, 8:45 AM EST
I guess if you’re in he hedge fund business you’re going to have a lot of friends who are hedge fund managers. That seems to be the case with the Mets’ owners anyway, as it is being reported in the New York Times that hedge fund manager Steven A. Cohen — you always get a middle initial when you’re rich — may very well be the favored bidder for a minority share in the Mets. As the Times reports, Cohen was approached by the Wilpon/Katz ownership group last year but declined. People who know Cohen tell the Times that they are surprised that Cohen would want to take a minority stake in the Mets, but Cohen himself isn’t talking.
Other potential investors are also named, at least one of whom we’ve heard of before: Anthony Scaramucci, another hedge fund guy, and James McCann, the founder of 1-800-Flowers.com, who met with Fred Wilpon down at Mets spring training.
The timeline for the Mets to pick an investor is unclear.
- Mariners sign Corey Hart 18
- David Price would not consider an extension with the Mariners if he’s traded there 32
- Media paying for athlete interviews? Not likely. But watch this stuff closely anyway. 19
- Rockies acquire Brett Anderson from A’s 12
- D’backs, Angels, White Sox agree to three-team Mark Trumbo deal 65
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)