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SBD/February 3, 2011/Franchises
Mets Reportedly May Include SNY In Effort To Sell Minority Stake In Team
Published February 3, 2011
GUESS WHO? Mavericks Owner Mark Cuban yesterday said that he "might have some interest in buying the Mets, but he won't be the one to make the first move." Cuban: "For any baseball team, I'm not going to be the one to chase after it. If someone sees me as a potential owner, I will take their call and discuss the deal." Cuban was unsuccessful in bids for the Cubs and Rangers, and he said, "I'm not going to get in a bidding situation ever again. I'm not going to be in a situation where I make the proposal. ... I'm not going to go through the same process I did with the Rangers and the Cubs." Cuban added that his interest in the Mets "would depend on how big of a stake he could purchase" (NEWSDAY, 2/3). Cuban: "I've just come to the conclusion that if I'm going to write a huge check, I'd rather have my ass kissed than have to chase" (ESPNNY.com, 2/2). Cuban noted that he "doubts he would be willing to buy in without majority control unless he has future buying rights." He said, "I can tell you from my perspective, it’d be very unlikely that I’d choose to participate if they came to me for a minority stake unless there was a right to buy it in the event of that opportunity" (N.Y. POST, 2/3). In N.Y., Tim Smith writes Cuban "would be the perfect man to own a share of the franchise." Cuban could "make things happen for the Mets." He would "demand the kind of excellence that the Wilpons haven't been able to cajole from the franchise for the last few years." Smith: "Mr. Wilpon, please pick up the phone and call Cuban. ... He would breathe fresh life into what is a stale, staid franchise. And his hands-on approach and accessibility would be a tremendous asset to a team that needs an image boost. It might even be enough to wipe away the stench from the Bernie Madoff mess" (N.Y. DAILY NEWS, 2/3).
"manufactured a flawed legal theory" for lawsuit
PUT YOUR MONEY WHERE YOUR MOUTH IS: In N.Y., Joel Sherman writes Mets GM Sandy Alderson over the next few months can "confirm with actions that he is not shackled by Wilpon-authorized handcuffs," as he has claimed. The Mets own the 13th pick in June's MLB First-Year Player Draft, so will they "take the best player available even if it is, say, a Scott Boras client?" Also, the int'l signing period opens a month later. Alderson said he does not think "any of those decisions will be affected" by the Madoff fallout. He cited a "scouting meeting last week in which there was no discussion of which players to avoid in the draft due to potential costs." Alderson: "There have been no restrictions in those areas" (N.Y. POST, 2/3).