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Talking Mets with Author Howard Megdal
Tuesday August 2, 2011
MLB reports: Back on June 5th, we had the pleasure of interviewing author Howard Megdal. The author of The Baseball Talmud, we discussed with Howard his 2nd literary work, “Taking the Field: A Fan’s Quest to Run the Team He Loves.” You can read our interview with Howard, as well as our review of Taking the Field.
Well, we enjoyed speaking with Howard so much that we asked him back to talk Mets baseball. Guess what…he accepted! We questioned Howard on all Mets topics, including team ownership, drafting and trades. For the best in Mets discussion, we bring you published author, Howard Megdal:
MLB reports: Thank you for joining us back on the Reports Howard. You are our first return interviewee! I enjoyed reading and reviewing “Taking the Field” very much and have received great feedback on it. How have things gone so far with the book for you and what has been the response from the baseball community, particularly Mets fans?
Howard Megdal: Response has been terrific throughout- I’ve really enjoyed the chance to hear what Mets fans think. Contrary to popular opinion, it is entirely possible to get them to sign onto a clear positive vision of how to run the team. Not universally, of course, but that’s what Mets fans want at the end of the day.
MLB reports: Since the ending of your book, new chapters have been written in Mets history so to speak. The names Wilpon, Madoff and Einhorn have been in the news for quite some time. What are your thoughts on the Mets ownership situation?
Howard Megdal: I think it is extremely unfortunate, since in Sandy Alderson, the Mets have the GM they’ve needed for 20 years-and now, the team’s medium-term financial future is in great doubt. Mets fans should be hoping for a speedy resolution here, and that probably means David Einhorn: Majority Owner.
MLB reports: Where do you see Carlos Beltran and Jose Reyes playing next year? What type of dollars and years are we likely talking?
Howard Megdal: I believe Carlos Beltran will be playing outfield for
a team willing to give him 3-4 years on a contract. Me, and I’m the biggest Beltran fan there is, I wouldn’t bet a multi-year deal on his knee. As for Jose Reyes, my gut feeling is that ends up a bidding war between the Yankees and Red Sox. I don’t think the Mets have the financial wherewithal to bring him back to Queens.
MLB reports: Many Mets fans have been banging their heads on the wall since Jason Bay joined the team. I had a bad feeling on this signing, specifically that the ballpark and team would not be a fit. How did you view the Bay signing originally and has your opinion changed since?
Howard Megdal: My view of it originally is that it was exactly the wrong thing to do- he wasn’t likely to age well, he brought one skill- power- and that it would probably be an albatross contract by year 3. Never did I imagine he would be so terrible from day one.
MLB report: I suggested awhile back that Jerry Seinfeld should invest in the team. I see him as a strong icon for the Mets that could turn around its popularity and fortunes. Has this been discussed in Mets circles?
Howard Megdal: It has, but it doesn’t sound like Jerry is looking to take on that kind of active role.
MLB reports: Johan Santana. While some say he “might” come back this year, I don’t see it happening. Will the Santana of old ever emerge for the Mets?
Howard Megdal: Who knows? He’s had a complicated shoulder surgery, and the number of pitchers who have returned have varied widely in their subsequent performances. The early signs are good, and I’d be reluctant to bet against a competitor like Santana. What I think he has going for him is that he already knows how to pitch- he isn’t going to need to transition from being a pure stuff pitcher. But could that shoulder give out at any moment? Unfortunately, yes. My guess is he pitches 4-5 starts for the Mets in 2011, and pitches well.
MLB reports: Mets fans must be thrilled with the team’s play of late. Mirage or real?
Howard Megdal: Well, as I told my friends and family who were freaking out over their 5-13 start: “Don’t worry- the Mets are distinctly not terrible.” I stand by that. Had them at 84 wins at the start of the year, and still see them finishing around 80, even without Ike Davis or Beltran for the last two months.
MLB reports: Sandy Alderson and his loyal foot soldiers. Have they been everything that you hoped they would be? Please give Alderson his Mets report card to date and don’t hold back!
Howard Megdal: I am loving the way Alderson runs this team. There are small things I’d do differently here and there- Daniel Murphy playing 2B being the only one I can think of at the moment- but I absolutely adore the LOGIC, TRANSPARENCY and PASSION of his regime. Just wrote a piece on a minor arc that some may miss- but it stands as a companion piece to, well, everything Steve Phillips did. There’s a glorious attention to detail.
Piece is here:
http://mets.lohudblogs.com/2011/07/29/doing-it-right-the-feliciano-fulmer-affair/
MLB reports: I have thrown around the idea of realignment. In my world, the Mets, Yankees, Red Sox, Orioles and Nationals would all occupy the AL East. Regardless of the exact arrangement, I think a move to the AL to sit in the Yankees division would work well. You?
Howard Megdal: I have long said that if it locks in an end to the Designated Hitter, I’d be willing to consider realignment, though I am attached to the NL/AL breakdown. Will you agree to that? If so, sure.
MLB reports: You will not find a bigger fan of banishing the DH, so agreed!Turning to Francisco Rodriguez, what is his future and does he still have “it”?
Howard Megdal: I think K-Rod is one of the best closers the Mets
ever had. That said, Thank goodness they got rid of that ridiculous 2012 option. Even if the team weren’t in dire financial straits, it is a ridiculous waste of resources to pay your non-Mariano Rivera closer $17.5 million.
MLB reports: From what you proposed in “Taking the Field” to where the Mets stand today, have the Mets been following your plan and direction? If you change anything about the current squad, what would it be?
Howard Megdal: See above, the use of Murphy. I don’t get it. With his bat, he’s a top-five MLB 2B, and he’s handled the position well. He is not even average at 1B offensively, and he flat-out cannot play the outfield. But again, outside of that? No, they’ve been fantastic. And because of their decision-making in other areas, I don’t conclude that they are just being ignorant about Murphy- I assume there’s more to know. Certainly the first question I have for Alderson the next time I interview him.
MLB reports: What do you think of Brandon Nimmo, the Mets 1st round pick this year? Was he drafted based on talent or cost? How has his selection been received in New York thus far?
Howard Megdal: TBD, but as I said in the last answer, their overall performance gives me confidence in their individual choices. I think projecting draft picks is a fool’s errand, however.
MLB reports: Are Mets fans done waiting for Fernando Martinez to develop into a superstar? Will he become the next Carlos Gonzalez or Lastings Milledge?
Howard Megdal: Best-case, he’s Alex Escobar. The guy just can’t stay healthy. I saw him in spring training- he ran like an elderly person. It is such a shame; the guy has tremendous talent, and he works hard. His body just keeps betraying him. Incidentally, I haven’t given up on Milledge, yet. He’s only in his age-26 season. .832 OPS at Triple-A with 18 SB in 24 attempts. It isn’t too late.
MLB reports: Thank you for joining us today on the Reports. You certainly did not hold back in your answers and gave us a great education on Mets baseball. We wish you the best of luck on your latest book and look forward to your next book project.
We highly encourage everyone to check out “Taking the Field”, one of my personal favorite baseball books of the year. You can follow Howard on Twitter and click here for Howard’s website.
Please e-mail us at: MLBreports@gmail.com with any questions and feedback. You can follow us on Twitter and become a fan on Facebook . To subscribe to our website and have the daily Reports sent directly to your inbox , click here and follow the link at the top of our homepage.
Wilpon Sells Minority Share in Mets to Einhorn, Not Seinfeld
Thursday May 26, 2011
MLB reports: The seemingly never-ending circus that is the New York Mets took another turn today, as the team announced that it has sold a minority stake in the ball club to hedge fund manager, David Einhorn. The amount of interest sold in the team is not yet known, but the price tag on the purchase has been set at $200,000,000.00. A nice chunk of change for a team that has indicated it would be losing up to $70 million this year alone. The money according to owner Fred Wilpon would be used towards the payment of debts and expenses of the team. In essence, a short-term attempt to stop the bleeding.
The 42-year-old Einhorn is an interesting choice as a partial owner of the team. 
Growing up in New Jersey, Einhorn was a Mets fan and has come home so to speak. Ironically, Einhorn moved to Milwaukee as a kid and actually grew up next door to Bud Selig. With the deal apparently a commissioner rubber stamp away from approval by MLB, the connection between the new owner and the MLB commissioner should mean a quick process. Knowing Selig well should integrate Einhorn quickly into the “old boys club” so to speak as a partial owner of a major league baseball team. Knowing the city and growing up a fan of the Mets, the hope is that Einhorn can use his financial knowledge and passion for the team to build a financially viable contender.
As a limited partner, it is unclear if Einhorn will have any say or control over the team. Fred Wilpon has indicated that the investment is limited and does not include any control stake in the team. But with a team valued at approximately $747 million by Forbes, we can assume that Einhorn purchased approximately 20-25% in the Mets. If Wilpon continues to falter financially, one would assume that Einhorn would have first right to purchase an additional interest in the team. If Einhorn does become a great stakeholder in the team, the issue will become if he will do everything that it takes to make the Mets a winner, or keep a strong eye on the bottom line. Einhorn made his money by being a strong manager of money as the President of the investment firm Greenhouse Capital, Inc. The long-term implications of the sale are not yet known, but this could be a start of a bright road for the Mets depending on Einhorn’s intentions.
So what is the connection to Jerry Seinfeld you ask? Before the Einhorn announcement, Seinfeld was my choice to become the new minority owner of the Mets. With a net worth close to $800 million, Seinfeld has the money and credibility to join the sports ownership business. A life-long Mets fan, as evidenced by his hit television sitcom, Seinfeld would have become the perfect fit. A celebrity in the ranks to take the spotlight away from the troubles of the Mets and allow the fans to get excited about its ball team again. However, from all accounts that I have read, Seinfeld does not have any interest to purchase a sports team. A deeply private person by nature, Seinfeld does not want to consistently be before the press and the responsibilities that go along with becoming an owner in the Mets. Sports ownership is also not always the best financial investment and that appears to have factored into Seinfeld’s decision as well.
Finally, Fred Wilpon is a person that enjoys the spotlight and more than likely would not have enjoyed the attention being shifted away from him to the celebrity Seinfeld. However, given the scandals and turmoil that has plagued the Mets recently, having Jerry Seinfeld as a partner may have been the best cure for Wilpon. But as it stands today, it appears that the Mets have a new minority owner in David Einhorn. Hopefully the new owner brings luck and fortune to a team that desperately can use any help that it can get.
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Part II: Wilpon, Mets, Madoff and Scandals
Tuesday May 24, 2011
MLB reports: In yesterday’s report on the Mets, we took a look at the New Yorker interview that was just released with Mets owner Fred Wilpon. After making many comments on the state of his team and star players, Wilpon by not hold backing is now facing the wrath of theNew York fans and media. The best comparison that I can make is the John Rocker interview with SI, a no-holds barred discussion that left Rocker’s career in the dust and from which he never recovered. Please click here to view yesterday’s post if you missed it to read the quoted damaging words uttered by Wilpon that have tarnished himself and his team. It will give you as the readers a sense of the controversy in place and what has led to the continuing events surrounding the Mets on a now daily basis.
From the aftermath of yesterday’s media storm, some new comments and developments have emerged. Firstly, son Jeff Wilpon, the Chief Operating Officer of the Mets, has apparently sat down with some of the named players from his dad’s interview to help “clear the air.” Given that the elder Wilpon is responsible for the war of words, it is a shame and disappointing that his son was sent in to clean up his mess and attempt damage control. The offended players would likely have had more respect for Fred Wilpon if he had faced them personally and come clean with his errors. It seems that Fred Wilpon will never learn and he continues to dig a deeper hole for himself and one that he likely will not be able to escape at this point.
The first player response to the Wilpon interview came from Mike Pelfrey. The baseball world was unsure as to how the players on the team would react to their owner’s disparaging remarks. In true tongue-in-cheek fashion, Pelfrey became the darling of the media and Mets fans by having the following to say about Wilpon:
“I think guys will be upset,” pitcher Mike Pelfrey said. “But we’re all a family: ownership, coaches and players. Sometimes people say things they regret. It’s a mistake and you learn from it. Maybe next spring when we have our media workshop for the players, Fred can come and sit in on it.”
I do not expect Pelfrey to receive any reprimands from his team for his statements. While it would be fitting to hear how the other Mets players feel about Wilpon’s interview, most will likely remain neutral or keep their opinions to themselves. While most of the Mets players are likely insulted and hurt by Fred Wilpon’s statements, the players likely only want a resolution and the ability to play ball and have a winning team at the end of the day.
Another story emerging from the Mets is another Bernie Madoff side
note. Last week, a story emerged that Bobby Bonilla, a former Mets player, is being paid by the Mets starting this year $1.2 million for the next 25 years. The story is that the Mets chose this delayed compensation plan over paying Bonilla a lump sum $5.9 million dollars for the 2000 season. By delaying the payment, the Mets in essence are paying Bonilla $29.8 million for a $5.9 million lump sum payment, abased on an 8% interest rate paid (a nice investment for Bonilla indeed). The math is mind-blowing and critics have been blasting the team for such poor financial decision making. Well, according to SI, the Mets at the time of making the decision turned to Bernie Madoff to help them plan how to get rid of the malcontent Bonilla after the 1999 season. Rather than releasing the player and paying the remaining money owed to him, the Mets created the delayed payment plan on the basis that Madoff would invest the Bonilla money with an expected rate of return between 10-12%. Now the Mets likely have lost the invested money due to Madoff’s actions and are on the hook for the Bonilla debt that will haunt the team financially for the next 25 years. Similar deals were struck with former pitchers Bret Saberhagen and Tom Glavine, which will hurt the team’s future payrolls as well.
Wilpon Gate is far from over and after the Madoff financial scandal and the New Yorker interview, we will continue to hear about Fred Wilpon for the next few coming weeks and likely months. Wilpon is on record to trying to sell 49% of the stake in his team but based on his shaky financial and credibility standing, the state and ownership of the Mets will be in flux until a final resolution can be arrived at. Until then, expect rumors and stories to continue to circle the team in a circus-like atmosphere. With the both the Mets and Dodgers in crisis mode, it is up to Bud Selig and Major League Baseball to step in and stabilize two of the leagues historical and proudest franchises. Successful and productive teams in Los Angeles and New York is what baseball fans expect and deserve. The challenge is out to Major League Baseball: my hope is that they can hit a home run in both cases.
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Wilpon and the Mets: The Scandals Continue
Monday May 23, 2011
MLB reports: As if the New York Mets have not faced enough issues during the past few seasons, owner Fred Wilpon has brought the team’s troubles to the media forefront again. The laughing stock of baseball, only the Dodgers and the McCourt divorce rival the embarrassment of the once proud franchise. In a John Rocker type interview as given to Sports Illustrated in December of 1999, Fred Wilpon recently spoke extensively with The New Yorker. In a no-holds barred interview, Wilpon lashed out at anyone and everyone associated with his team. I could only describe the piece as the final nail in the coffin, as Wilpon is about to receive a backlash from the Mets media, fans and major league baseball that he likely never expected. As the Mets attempted to recover from the Madoff scandal and sell a portion of the team to save itself financially, the Mets are back in the news for all the wrong reasons. What you are about to read is going to shock you.
On Carlos Beltran, who starred for Houston in the 2004 playoffs before signing a seven-year, $119 million deal with the Mets: We had some dummy in New York, Wilpon says, referring to himself, “who paid him based on that one series. He’s 65 to 70 percent of what he was.”
On Jose Reyes, the often-injured shortstop with an expiring contract: “He thinks he’s going to get Carl Crawford money. He’s had everything wrong with him. He won’t get it.”
As the game progresses during the interview, a Mets rally expires, during which Wilpon refers to his team with an expletive and, again, with the word lousy. He says the team is “snakebitten” and essentially agrees when Toobin suggests the Mets could be cursed. “He gave sort of a half laugh,” Toobin writes, “and said, ‘You mean’ — and then pantomimed a checked swing of the bat.”
“He’s happiest when he’s talking baseball, arguing about baseball,” Omar Minaya, whom the Wilpons fired as the team’s general manager after last season, told me. “I always felt best when we were arguing over a player and Fred would say, ‘Omar, you’re full of s***'”.
Ike Davis, the sophomore first baseman and the one pleasant surprise for the Mets so far this season, was up next. “Good hitter,” Wilpon said. “S****y team—good hitter.” Davis struck out. Angel Pagan flied out to right, ending the Mets’ threat. “Lousy clubs—that’s what happens.” Wilpon sighed. The Astros put three runs on the board in the top of the second. “We’re snakebitten, baby,” Wilpon said.
And Wilpon has now suggested that he may be willing to sell up to forty-nine per cent of the team. The combination of his financial troubles and the value of
the Mets—perhaps more than a billion dollars—has driven speculation that he will have to surrender control of the team.
The first day the architects came to the site, they started saying blah, blah, blah, and I said to them, ‘Let me tell you how this is going to work,’ ” Wilpon told me recently. “ ‘The front of the building is going to look like Ebbets Field. And it’s going to have a rotunda—just like at Ebbets.’ And then I said, ‘Guess what. Here are the plans for Ebbets Field.’ And I handed them over.”
To read the entire Wilpon profile in the New York, click here. If you are a Mets fan, detractor or a general follower of baseball, you won’t want to miss this one. In this day and age of history and instant media, you think that people would learn to be smarter and conduct themselves in the best possible manner. For a man that has lost much of his fortune and jumps from one scandal to another, Fred Wilpon does not appear to have learnt his lesson. After this latest episode, the book may be finally closed on the man who will go down in history for almost destroying the Mets franchise and setting the team back as a result.
Please e-mail us at: MLBreports@gmail.com with any questions and feedback. You can follow us on Twitter and become a fan on Facebook . To subscribe to our website and have the daily Reports sent directly to your inbox , click here and follow the link at the top of our homepage.
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