Dec 23, 2011, 2:23 PM EDT
This is fun. Adam Gross from the Metsonline blog talked to a financial industry source to get an assessment of the merits of those minority stakes the Mets are trying to sell off. Click through for the detailed comments of the financial guy. In the meantime, here is the upshot:
He basically responded saying that no one should want to become a minority owner because the benefits that you get from becoming an owner are available for a much cheaper sum and the investment has essentially no upside.
But hey, discounts on foam fingers and stuff.
Anyway, why do I feel like this is going to end much like Tom Hicks’ gambit of selling off minority shares in the Rangers a couple of years ago? With the whole team for sale.
- Alex Rodriguez celebrates 40th birthday with a home run 4
- Mets acquire Tyler Clippard from the Athletics 17
- Angels acquire Shane Victorino from Red Sox 23
- Happy 40th Birthday, A-Rod! 44
- Craig Biggio, John Smoltz, Randy Johnson and Pedro Martinez inducted into the Hall of Fame 41
- And That Happened: Sunday’s scores and highlights 49
- Mike Trout hits two homers, including a grand slam, to take MLB lead 13
- Zack Greinke’s scoreless innings streak ends at 45 2/3 7
- The MLBPA is considering withholding cooperation with ESPN, Fox over Colin Cowherd’s comments (156)
- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- MLBPAA announces “Heart and Hustle” award, given mostly to Americans and white guys (131)
- Colin Cowherd wonders how baseball can be considered “complicated” if Dominicans can understand it (129)
- Major League Baseball rips Colin Cowherd in an official statement (123)