Jul 28, 2011, 10:30 AM EST
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.
- Giants acquire Casey McGehee from the Marlins 14
- The Padres have given their fans something to talk about. Which is badly needed in San Diego. 64
- Justin Upton traded to the Padres for three prospects 79
- Bud Selig will get a $6 million a year pension. Which is obscene. 142
- Jake Peavy agrees to a two-year, $24 million deal to stay with the San Francisco Giants 25
- Matt Kemp has officially been traded to the Padres 29
- Padres acquire catcher Derek Norris from Athletics 38
- St. Petersburg City Council votes down deal to allow Rays to look for new stadium site 90
- The United States will seek to normalize relations with Cuba (144)
- Bud Selig will get a $6 million a year pension. Which is obscene. (142)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (111)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)