A Plea to Mr. David Einhorn

by cpins on Dec 28, 2011 11:16 AM EST

You know better than any of us whether or not the Wilpon's can crawl out from under their current leverage burden.

I'm guessing it's an iffy proposition for you to have been interested to begin with. You don't seem like a minority owner type of guy.

But "Iffy" still leaves a chance - and any chance is too much a chance for us loyalists.

Stay in the game. Shape the environment. Help turn "iffy" into when hell freezes over.

It seems to this layman's eyes that the current plan to sell "mini" minority shares is designed to buy time.

Time to pray for a commercial real estate market rebound. That in turn, could provide them the collateral needed to re-finance the notes soon due on the stadium and SNY.

Failure to raise the $200m likely starts the countdown clock to new ownership.

Maybe you're biding your time. Waiting for financial gravity to exert its inevitable force.

It's harder for us to remain still. Maybe we can help each other.

Couldn't you help them fail.

Nothing shady. Certainly nothing unethical. But something that would ... help us help you.

You know the type of folks who might be interested in buying the Wilpon's slice.

They've got egos. And they've got money. And at least some, if not most, didn't accrue that kind of money by making stupid investments.

They like a good deal. Or at least a better deal.

Make it known that anyone accepting the current Wilpon term sheet is a fool. Could do better. Will do better . . . if you're the new owner.

Can't hurt can it?

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If MLB gets off its ass and forces Wilpon to sell, Einhorn may be back

ESPN, Mike Francesa, NY Post, NY Daily News, Fox Sports = Propaganda

by BlueChill on Dec 28, 2011 2:17 PM EST reply actions

The Wilpons are ruining baseball.

The season hasn’t even started and I couldn’t be less interested. Of course, a little 5 game winning streak to start the season and I’ll get sucked in again.

by CervezaVerde on Dec 28, 2011 5:25 PM EST reply actions

more like 162 game win streak for me

hyperbole

Yogi on the 1969 NY Mets....." overwhelming underdogs "

by SuperSantana on Dec 30, 2011 4:51 PM EST up reply actions

If he were to do so, it would be actionable.

Intentional interference with contractual relations, to be precise. He would be sued, and for a lot of $. Equally, if not more, important, that sort of behavior would offend Selig and the other self-appointed lords of baseball, and they would never allow Einhorn to get his hands on the Mets or any other MLB franchise.

by madisonmetsfan on Dec 30, 2011 11:07 AM EST reply actions

HELLO HELLO MR EYEHORN

"Blinding ignorance does mislead us. O! Wretched mortals, open your eyes!" Gil Hodges IS a Hall of Famer.

AA Gamethread Embiggening Record Holder- 458 posts (08/24/11)
3rd Place- 2011 AAOP Contest | 1st place- 2012 AAOP Contest

by Brooklyn Dodgers Mets Fan on Dec 30, 2011 8:51 PM EST reply actions 3 recs

I thought we had agree on NINEHORNS ?

j/k

One day, this team is going to kill me.

by fxcarden on Jan 3, 2012 6:22 PM EST up reply actions

I like Finkle N Einhorn

by CervezaVerde on Jan 4, 2012 7:25 PM EST up reply actions

"Time to pray for a commercial real estate market rebound."

The market is down right now but it isn’t dead like residential in the burbs. The Wilpons are still making small amounts undoubtedly but I would bet my house that the commercial side stays stagnant for another 2 to 3 years and won’t provide enough cash to get them out of trouble.

It appears that unless the Wilpons experience some sort of miracle, they won’t own the Mets for much longer.

But that does not mean the team is out of trouble. If banks foreclose then there is the real possibility of a fixed revenue situation where payroll can not exceed a nominal amount of the teams revenue, say 80%. This could last a season or more until the banks get some dumb rich guy to fork over his money.

__________________________________________________________________
Really good kid.A very good player.Not a superstar. #BlameWilponz. Never Forget

by ScottfromPeekskill on Jan 2, 2012 1:32 AM EST reply actions