Jul 28, 2011, 10:30 AM EDT
The likelihood of David Einhorn completing his deal for a minority share of the Mets has been ebbing and flowing, but it appears to have finally flowed. Or, er, maybe it’s ebbed. The good one, I mean, whichever that one is. Screw it, here’s Richard Sandomir in the New York Times:
The Mets’ deal to sell a minority stake in the team for $200 million to David Einhorn, a hedge fund manager, is finished except for completing the deal’s paperwork, said one person briefed on the sale.
The parties have apparently appeased J.P. Morgan, which had complained about the deal earlier and wanted to ensure that it got paid first. Also a contributing factor: the Mets unloaded Carlos Beltran, and his depressing, loser persona that has infected everything the Mets have tried to do for years is no longer around to make everything crappy.
The last part of that is just speculation, of course, based on stuff I read in another Times article.
- And That Happened: Monday’s scores and highlights 60
- Monday’s White Sox/Orioles game postponed due to ongoing protests and violence in Baltimore 142
- Cardinals confirm Adam Wainwright is done for season with torn Achilles 20
- Source: Josh Hamilton rejected a trade to a National League team because he wanted to go back to Texas 51
- Deal done: Josh Hamilton traded to the Texas Rangers for cash considerations 55
- Pitchers batting is dumb and the DH should be universal 356
- And That Happened: Sunday’s scores and highlights 88
- Alex Rodriguez hits 659th career home run, now one shy of tying Willie Mays 60
- Pitchers batting is dumb and the DH should be universal (356)
- Comment of the Day: do not underestimate the seriousness of the anti-DH crowd (199)
- The early leaders in MLB’s “Franchise Four” thing have been announced (166)
- The Royals and White Sox had a benches-clearing fracas, five players ejected (163)
- Protesters converge on Oriole Park at Camden Yards (149)