Thursday Morning Applesauce: Mets selling minority shares + 2 more years of Selig = Wilpon sigh of relief

Some very good points made. But now my head hurts….

But from that angle Jeff Wilpon looks like a lost Baldwin brother.

it obviously all depends on the details. that puts the value of the mets squarely at $500m. but as it’s being reported, its as much of a loan as it is an equity buy, since theyre basically buying a zero coupon 3%, 6 year bond (or something like that). it looks a lot worse if the mets continue to lose millions of dollars a year and the new equity partners are on the hook to cover their share of any operating cash deficiencies. and they are obviously boned if the franchise goes to bankruptcy. or if selig forces a sale and it goes for less than $500M, which is possible, especially if theyre losing money hand over fist.

or the wilpons could come to their sense and realize they suck at managing a pro baseball team and gets out of the business so they can stick to real estate and ponzi schemes and sell all their interests in the team and SNY for something like $750M and equity partners walk away with a nice return for letting the ’pons hold some of their dough.

OR everyone just muddles through this nonsense as the team settles into an extended stint of mediocrity and nothing ever changes. woof. hey is it beer o’clock yet?

I despise Jeff Wilpon.

…of course, you may have to cryogenically freeze me first. See you all in 2353!

1. When will the verdict be reached?
2. Will there be appeal(s)?
3. If so, when will that be decided?

When is the absolute earliest that the Wilpons can be forced to sell? It’s clear that they won’t be compelled like a normal business as long as they’re artificially held up by Selig, otherwise they would have sold already. Such an act would require a decisive death blow.

Johan Santana participated in long tosses today.
GOOD NEWS EVERYONE!!!

I have not been able to stay on top of things this season with a new job position, what i sgoing on with Fielder?