After months of flirtations with the Mets about a second run at manager, there is now news that Bobby Valentine is looking to assemble an investment group to purchase an ownership stake in the Mets. The Mets are looking to raise about [whatever the settlement in the Madoff suit turns out to be] dollars and are selling a large minority ownership stake in the Mets to do so. Valentine joins a list with Donald Trump and Mark Cuban as potential suitors for the silent stake.
I maintain this stake will be bought by a hedge fund manager nobody’s ever heard of as an appreciable asset in his fund. Anyone who has to “raise capital” is probably not the guy who’s going to get the nod from MLB.
Tags: MLB, New York Mets
Source: ESPN New York