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Another Potential Buyer

G-Fafif
Jun 08 2020 01:54 PM

Might the Mets be stablemates to the Devils and Sixers?



https://variety.com/2020/sports/sports-stars/josh-harris-mets-bid-1234627896/


The owners of the Philadelphia 76ers and New Jersey Devils are looking to expand their sports empire to baseball.



Josh Harris, the billionaire co-founder of Apollo Global Management, and David Blitzer, an executive at private equity firm Blackstone, are among the suitors for the New York Mets, according to people familiar with the matter.



The Mets have retained Steve Greenberg at Allen & Co. to oversee the sale process.

MFS62
Jun 08 2020 01:57 PM
Re: Another Potential Buyer

Promising. At least the prospective buyers have experience as owners sports team owners.

Later

Ceetar
Jun 08 2020 02:06 PM
Re: Another Potential Buyer

fyi, Blackstone owns 13% of the YES Network.

nymr83
Jun 08 2020 02:11 PM
Re: Another Potential Buyer

=Ceetar post_id=38374 time=1591646806 user_id=102]
fyi, Blackstone owns 13% of the YES Network.



maybe once they own the Mets they can force YES to not show 13% of Yankees games?



not sure if MLB would force a divestiture, but it doesnt seem a big deal.

Johnny Lunchbucket
Jun 08 2020 02:20 PM
Re: Another Potential Buyer

I know Apollo thru my work, they love buying and selling food retail chains (generate lots of cash, and hard to kill). Like all PE firms they do a fair amount of levering up to pay themselves, but have been more successful on the management side than most of their peers.

Frayed Knot
Jun 08 2020 02:55 PM
Re: Another Potential Buyer

Also real fast.



[FIMG=450]https://www.kiro7.com/resizer/6F4iZHwbi28-kqX2_Fz87-RaRIQ=/1200x675/arc-anglerfish-arc2-prod-cmg.s3.amazonaws.com/public/4BAZQDBZCYNO4UJYNDNQSDMJUY.png[/FIMG]

G-Fafif
Jun 12 2020 12:26 AM
Re: Another Potential Buyer

Jeff makes like Republica and swears, “Baby, we're ready to go.”



https://nypost.com/2020/06/11/jeff-wilpon-four-or-five-suitors-interested-in-buying-mets/


“The team will have some kind of transaction, I can't tell you exactly what it's going to be and how it's going to look,” Wilpon told the UJA-Federation of New York, a Jewish philanthropic organization, according to Bleacher Report. “But we're working toward a transaction and there's four or five suitors that are out there to do something with and [there's] a bunch of philanthropic planning and family planning that my dad and my uncle want to do, and that's totally fine.”

Edgy MD
Jun 12 2020 06:42 AM
Re: Another Potential Buyer

So, birth control will be involved? That's an interesting new wrinkle.

MFS62
Jun 12 2020 07:06 AM
Re: Another Potential Buyer

Edgy MD wrote:

So, birth control will be involved? That's an interesting new wrinkle.


One generation too late.

Later

Frayed Knot
Jun 12 2020 05:41 PM
Re: Another Potential Buyer

"and there's four or five suitors that are out there to do something with ... ”


OK, Jeff didn't write that but he is quoted as saying it (see above NY Post link).

But today's NYP suggests that "four or five" might be a bit of an exaggeration ... by like two or three



https://nypost.com/2020/06/12/jeff-wilpons-talk-of-four-or-five-mets-suitors-drawing-skepticism/



Jeff Wilpon's statement on Thursday: “There's four or five suitors that are out there” to buy the franchise, is raising eyebrows in sports business circles.

According to multiple sources familiar with the market for the Amazin's, if there are three or more bidders for the team, New York has a real mystery on its hands.

“Four or five?” one person asked rhetorically. “I'd maybe believe three, and I couldn't tell you the third.”




So after including the recent Harris/Blitzer interest and the ongoing J-Rod one, anything beyond that is either a well-kept secret (not too common in this type of transaction

I'd guess) or perhaps Jeffie is just trying to stir up gossip.

“If there's another bidder, I haven't heard of them,” one banker familiar with the situation told The Post. “Maybe Wayne Rothbaum is still out there with a lowball offer, or

maybe Jeff is including Steve Cohen?”


A "Wall Street source following the sale" added: “I'm sure a bunch of people have voiced at least preliminary interest ... And maybe four or five of those people signed

something to get more info on the team, but that doesn't make them a serious suitor.”

kcmets
Jun 12 2020 05:51 PM
Re: Another Potential Buyer

A Jeff 'meeting with photoshopped suitors' thread sounds like it could be fun.

MFS62
Jun 12 2020 05:57 PM
Re: Another Potential Buyer

He's including all the Mets fans who he has heard at one time or another grumble, "I'd love to buy the team".

Hey, Jeffie. I'd love to date Scarlett Johansson.

But it ain't happenin'.

Later

Ceetar
Jun 12 2020 09:10 PM
Re: Another Potential Buyer

A "Wall Street source following the sale" added: “I'm sure a bunch of people have voiced at least preliminary interest ... And maybe four or five of those people signed

something to get more info on the team, but that doesn't make them a serious suitor.”


well, sure, but that still makes them potential suitors no?



It was a throwaway comment at an unrelated function in response to, literally, "Are the Mets for sale?" I think preliminary interest counts as far as judging the truthiness of this quote, which we're doing for some reason.

Frayed Knot
Jun 16 2020 08:15 PM
Re: Another Potential Buyer

Wilpon's Trying to Buy Time



So apparently payment on a big loan is due by the end of July which has the Wilpons are seeking ways to extend that date, maybe by as much as a year.



Essentially what this says, claims "a banker familiar with baseball", is that the owners "aren't expecting a sale anytime soon". Current frontrunners, the

duo of Harris and Blitzer (and Comet and Rudolph) are described as "bottom feeders" so aren't in a hurry to bid against themselves and would be quite

happy to see the sale go to the auction stage, something NYM ownership would like to avoid. So the 'Pons are seeking to get time (aka: future revenues)

on their side as this is most definitely not the optimal climate in which to sell.

But are these bankers they're going to need to deal with for refinancing, some of whom are the same ones currently working with the likes of J-Rod to

arrange financing for their bids, going to be all that eager to extend time and credit which would at least partially be working against their own clients?







Somewhere Steve Cohan has got to be laughing at all this.

kcmets
Jun 16 2020 08:35 PM
Re: Another Potential Buyer

=NY POST]Pushing out the end date on the loan would buy the Mets more time to stay afloat by metaphorically letting some air out of the debt pressure cooker that has become the franchise's financial situation thanks to baseball's coronavirus shutdown



This is a funny-ass and stupid-ass piece of column-filling fodder.

Ceetar
Jun 16 2020 09:07 PM
Re: Another Potential Buyer

the last sentence is funnier-ass? like a bank isn't salivating at the process of financing both sides of that? They'd love to get interest from the Wilpons AND interest from A-Rod knowing that the money they lend A-Rod would then be sent to Wilpon who would repay their loan (so they're not worried about not being able to pay it)

ashie62
Jun 17 2020 04:43 AM
Re: Another Potential Buyer

Kinda like Tinkers to Evers to Chance

MFS62
Jun 17 2020 06:08 AM
Re: Another Potential Buyer

As reported in Marketwatch, CitiField holdings have been downgraded by Moody's to just above "junk" status:
Queens Ballpark Co. LLC, which owns Citi Field where Major League Baseball's New York Mets play, had its credit rating downgraded to Baa3 at Moody's Investors Service--just one notch above "junk" status--from Baa2, citing a "weakened liquidity position" as the COVID-19 pandemic could lead to the "shortest season in MLB history." The outlook was revised to negative from stable, meaning the next rating move is likely to put the credit rating into "junk" territory.

https://www.marketwatch.com/story/mets-stadium-owner-credit-downgraded-at-moodys-yankees-stadium-outlook-now-negative-2020-06-16?siteid=yhoof2&yptr=yahoo



The Wilpons will be feeling the squeeze more and more.

Later

nymr83
Jun 19 2020 02:41 PM
Re: Another Potential Buyer

What does that mean though? likely just that they managed rich guy financial shenanigans such that the particular asset involved is "distressed" and all of the Mets and Wilpons other money is insulated from being attacked by the creditor here.

Edgy MD
Jun 19 2020 07:49 PM
Re: Another Potential Buyer

It is pretty funny to see the team for sale because the owners overleveraged themselves to make the purchase in the first place, and are still overleveraged 20 years later, and all the potential bidders are running around trying to leverage up.

batmagadanleadoff
Jun 19 2020 07:56 PM
Re: Another Potential Buyer

Edgy MD wrote:

It is pretty funny to see the team for sale because the owners overleveraged themselves to make the purchase in the first place, and are still overleveraged 20 years later, and all the potential bidders are running around trying to leverage up.


For me, the funniest thing about the Mets pending (I hope) sale is this dynamic where the skyrocketing value of the Mets franchise has become a double-edged sword for the Wilpons: the more money the Mets are worth, the harder it's gonna be for them to buy out the Katz family.

Edgy MD
Jun 19 2020 08:14 PM
Re: Another Potential Buyer

I don't know. If the value of the team is really skyrocketing, then refinancing should be easy. They should be able to take out new loans against the new equity to pay off the old loans, like everybody did with their houses before 2008.



But that may have been a manageable strategy until the next windfall right up until March 2020, but I can't imagine any teams have grown too much in value since then, and I expect that's why the Wilponian position has changed.

batmagadanleadoff
Jun 19 2020 08:29 PM
Re: Another Potential Buyer

But it's not just the debt. So long as the Katzes want to sell, the Wilpons are also gonna hafta come up with the money to buy out their partners -- which becomes more expensive -- and more expensive in exact proportion to the increase in value of the team.

Ceetar
Jun 20 2020 06:39 AM
Re: Another Potential Buyer

the funny part is that the Wilpons always have the worst time. Madoff bubble bursts at the start of the recession (and added Citi Field debt) they try to sell the team just as we've got a pandemic potentially hurting franchise value and a potential work stoppage in 2022 (I don't know how that affects franchise value or even actual value/price, but it's gotta be a consideration)



Though granted most, probably all, of the 2020 losses are on the Wilpons and irrelevant to a new buyer, even if they purchased today. And the franchise value might continue to skyrocket regardless, not really being tied to play on the field so much anyway. And it's 2020, so the rich are still getting richer and the poor are getting poorer, so perhaps rich baubles/assets are unaffected.

batmagadanleadoff
Jun 20 2020 08:03 AM
Re: Another Potential Buyer

Yeah. Poor Jeff Wilpon. A loathsome scumbag mediocrity with zero personality who's been owning the Mets and living the life of a billionaire for his whole fucking life despite accomplishing absolutely nothing meaningful.



I feel so sorry for him. And Ivanka Trump. And Betsy DeVos.

batmagadanleadoff
Jun 20 2020 08:10 AM
Re: Another Potential Buyer

Edited 1 time(s), most recently on Jun 20 2020 08:20 AM

=batmagadanleadoff post_id=39057 time=1592661794 user_id=68]
Yeah. Poor Jeff Wilpon. A loathsome scumbag mediocrity with zero personality who's been owning the Mets and living the life of a billionaire for his whole fucking life despite accomplishing absolutely nothing meaningful.



I feel so sorry for him. And Ivanka Trump. And Betsy DeVos.



I mean, he's had way more good luck than bad luck in his life. As far as having good luck, he's like in the billionth percentile ... like the 99th percentile plus a never ending series of nines to the right of the decimal point.

MFS62
Jun 20 2020 08:11 AM
Re: Another Potential Buyer

=batmagadanleadoff post_id=39057 time=1592661794 user_id=68]
I feel so sorry for him. And Ivanka Trump. And Betsy DeVos.



No I don't. I want to lock them in Dante's seventh circle with Stephen Miller and Mitch McConnell.



Later

Ceetar
Jun 20 2020 12:53 PM
Re: Another Potential Buyer

you realize my post was laughing at his misfortune right?

G-Fafif
Jun 22 2020 11:48 AM
Re: Another Potential Buyer

https://twitter.com/darrenrovell/status/1275093690248310785?s=21

Edgy MD
Jun 22 2020 12:10 PM
Re: Another Potential Buyer

Interesting source there, as Rovell not only covers the business side of sports, but has specifically covered the sports drink industry. It's like his little sub-niche.



Whether that makes this a bigger or smaller revelation, I can only speculate, but it's interesting.

Theoldmole
Jun 22 2020 01:24 PM
Re: Another Potential Buyer

Does that mean that he's succeeded in buying horses or that he owns successful horses?

MFS62
Jun 22 2020 01:46 PM
Re: Another Potential Buyer

=Theoldmole post_id=39134 time=1592853867 user_id=77]
Does that mean that he's succeeded in buying horses or that he owns successful horses?



You're not asking where to put the comma? (inside joke)

Later

Edgy MD
Jun 22 2020 06:49 PM
Re: Another Potential Buyer

I could be wrong, but I think I knew this guy's sister way back.

MFS62
Jun 23 2020 09:14 AM
Re: Another Potential Buyer

Taking a cue from the "How Many Wendy's?" thread, if a crowd is going to advance on a place with torches, I'd vote for 111 Great Neck Road.

It will have nothing to do with stopping racism, but it might light a fire under the Wilpons to sell the team.

Later

bmfc1
Jun 23 2020 10:33 AM
Re: Another Potential Buyer

David Wright has a piece of VitaminWater:

[BLOCKQUOTE]instead of taking cash to endorse the company's flavored water brands, the third baseman, who says he started drinking Glaceau's juiced-up beverages in the minors, took a 0.5 percent ownership stake in the company. [/BLOCKQUOTE]


https://www.huffpost.com/entry/david-wright-50-cent-make_n_49441

Benjamin Grimm
Jun 23 2020 11:02 AM
Re: Another Potential Buyer

Sounds more nourishing than liquid feces*





*Very old CPF reference!

ashie62
Jun 23 2020 12:04 PM
Re: Another Potential Buyer

Equity David

Ceetar
Jun 23 2020 12:16 PM
Re: Another Potential Buyer

if Rovell was more than just an aggregator you'd think he'd have noted the Wright connection.





Of course, I don't think it's relevant anymore anyway, as VitaminWater was sold to Coke and I'm pretty sure Wright cashed out at that time.

Frayed Knot
Jun 23 2020 01:02 PM
Re: Another Potential Buyer

=MFS62 post_id=39181 time=1592925263 user_id=60]... if a crowd is going to advance on a place with torches, I'd vote for 111 Great Neck Road.



Are we supposed to know the significance of that particular address?

MFS62
Jun 23 2020 01:04 PM
Re: Another Potential Buyer

Frayed Knot wrote:

... if a crowd is going to advance on a place with torches, I'd vote for 111 Great Neck Road.


Are we supposed to know the significance of that particular address?

Ya mean you didn't know that it is the headquarters of Sterling Equities (The Wilpons' company)?

I had to look it up, too.

Later

Edgy MD
Jun 23 2020 04:56 PM
Re: Another Potential Buyer

=Ceetar post_id=39185 time=1592936193 user_id=102]Of course, I don't think it's relevant anymore anyway, as VitaminWater was sold to Coke and I'm pretty sure Wright cashed out at that time.



I think it's pretty relevant. He built a brand from the ground up and flipped it for $4.1 billion. He had hundreds of employees with stock options walk away with their lives changed. Over 400 of them made half a million or more. He's back at work building another big drink brand, and he's still only 51.

MFS62
Jun 23 2020 05:11 PM
Re: Another Potential Buyer

Edgy MD wrote:



He built a brand from the ground up and flipped it for $4.1 billion. He's back at work building another big drink brand, and he's still only 51.


I hope there will be a few billion left over, not being spent on the new product, to spend on the Mets deal.

Later

Frayed Knot
Jun 24 2020 05:20 AM
Re: Another Potential Buyer

Throw the names of brothers David and Simon Reuben into the mix of possibilities.



SPORTICO: David and Simon Reuben, who amassed a fortune investing in real estate, technology companies and leisure, are exploring a bid for the New York Mets, people familiar with the matter told Sportico.

The brothers, who were born in India
[1941 & 1944] and moved to London as teenagers, have a combined net worth of about $14 billion — built on one of the largest portfolios of retail, office and residential properties.

The brothers are likely drawn to the team because of the real estate development possibilities around Citi Field

Benjamin Grimm
Jun 24 2020 05:30 AM
Re: Another Potential Buyer

A couple of brothers in their 80s? They'll probably die in a few years and the team will be run by their cheapskate daughter/niece Lorinda.

Ceetar
Jun 24 2020 06:24 AM
Re: Another Potential Buyer

seems like Jeff wasn't exaggerating when he told 'random reporter' that there was a couple of different interested parties.

Benjamin Grimm
Jun 24 2020 06:37 AM
Re: Another Potential Buyer

I'm not at all surprised by that. There's blood in the water, and if a major sports franchise in New York City might be had at a discount price, billionaires are going to come sniffing around.

MFS62
Jun 24 2020 08:09 AM
Re: Another Potential Buyer

Frayed Knot wrote:

The brothers, who were born in India [1941 & 1944] and moved to London as teenagers,




As long as they know enough about baseball to call CitiField a baseball field or diamond and not a pitch, that will show they've learned more about baseball than the Wilpons.

Later

Edgy MD
Jun 24 2020 08:16 AM
Re: Another Potential Buyer

I don't agree that the Wilpons know nothing about baseball.

Benjamin Grimm
Jun 24 2020 08:23 AM
Re: Another Potential Buyer

Does this mean that you're also opposed to burning down their house?

Edgy MD
Jun 24 2020 09:04 AM
Re: Another Potential Buyer

In for a penny, in for a pound.

Ceetar
Jun 24 2020 09:08 AM
Re: Another Potential Buyer

Benjamin Grimm wrote:

Does this mean that you're also opposed to burning down their house?


The Wilpons would probably welcome it. They'd probably make out in insurance, and it'd help them pay down loans.

Frayed Knot
Jun 24 2020 06:28 PM
Re: Another Potential Buyer

So we might have something resembling a timetable for this soap opera:



According to multiple sources familiar with Mets sale saga, the Wilpons will begin to field first-round bids on the team in July with an eye toward locking in a buyer by Oct. 1.

But insiders say those bidders are now also aware the Wilpons must find a buyer in the coming weeks in order to close a deal by the end of 2020.

“They need to sell the team before the end of the year,” one source told The Post.



https://nypost.com/2020/06/24/wilpons-motivated-to-sell-mets-by-end-of-2020/

kcmets
Jun 24 2020 06:58 PM
Re: Another Potential Buyer

Frayed Knot wrote:
“They need to sell the team before the end of the year,” one source told The Post.

2020 has sucked so far, maybe this will be the happy ending to it all.

Ceetar
Jun 24 2020 09:20 PM
Re: Another Potential Buyer

That's the clickbait, but they cite other sources that disagree, and other sources that sound an awfully lot like other owners crying poor.


“MLB teams are going to be significantly cash flow negative for the next 2-3 years minimum.”


who speaks like that? With that certainty?

Johnny Lunchbucket
Jun 24 2020 09:28 PM
Re: Another Potential Buyer

Bankers with knowledge of the situation?

Ceetar
Jun 24 2020 09:54 PM
Re: Another Potential Buyer

bankers with knowledge of all teams finances? Even just saying that about the Mets is reaching, especially without any additional context or any attempt at explaining it by the authors of the piece.



What if all teams aren't completely leveraged? What does the TV deals say about partial seasons and related revenue, what type of return on advertising are teams getting (interesting to find out if anyone sells like, the banner above the prom reserved to an empty or almost empty stadium). What about the windfall of the playoffs? Nah, this is three owners in a trenchcoat crying poor. Just like the 'source close to the sale' is a Mets employee, though if that means the information is spin, accurate or some combination. (The idea that the sale would be complete in time to give a new ownership group time to prepare for 2021 is certainly logical)



What about labor strife? What if there is no 2022 season? What if the owners pre-anticipate a strike and don't sign free agents this off-season anyway?



I'd love to know how _that_ is affecting the sale. This recent lack of negotiation couldn't have helped the idea that a strike is possible, even likely. Is the possibility of outlaying all that cash, getting one season in, and then being on the hook for an empty one, and potentially a less owner-friendly CBA afterwards going to affect sale price?



this particularly article picks a new number for the money the Mets are losing, which of course is impossible to know and is certainly only part of the financial picture. But what about the idea that teams are potentially already planning to bring fans back this year? Is that revenue important? If they're bringing fans back this year, why would anyone lose money next year, which would presumably be completely normal?



And of course, the obvious reason random banker that's an "insider" doesn't really know anything, is he's a banker not an epidemiologist. Are we going to have workable treatments and vaccines by next spring? Is the disease going to linger? do long term damage? ARE PLAYERS GOING TO GET IT? There's some talk of it affecting the brain stem, of lingering lung damage, of who knows what else. A few significant players getting seriously ill could definitely affect the short term health of the sport, and labor relations and grievances based on health protocols.

batmagadanleadoff
Jun 24 2020 09:57 PM
Re: Another Potential Buyer

=Ceetar post_id=39292 time=1593057284 user_id=102]
But what about the idea that teams are potentially already planning to bring fans back this year? Is that revenue important? If they're bringing fans back this year, why would anyone lose money next year, which would presumably be completely normal?





I read today that the Mets and Yankees will play their 2020 home games in empty stadiums, i.e. no fans in the stands.

Ceetar
Jun 25 2020 07:14 AM
Re: Another Potential Buyer

=batmagadanleadoff post_id=39293 time=1593057452 user_id=68]
=Ceetar post_id=39292 time=1593057284 user_id=102]
But what about the idea that teams are potentially already planning to bring fans back this year? Is that revenue important? If they're bringing fans back this year, why would anyone lose money next year, which would presumably be completely normal?





I read today that the Mets and Yankees will play their 2020 home games in empty stadiums, i.e. no fans in the stands.


sure, they say that now. (I forget which owner was like 'fans are the plan') But Cuomo opens things up more in a month, you don't think they consider if they could get an extra million or two by selling some tickets?

Benjamin Grimm
Jun 25 2020 07:42 AM
Re: Another Potential Buyer

I agree. I think the "no fans" think is subject to change, depending on conditions.

Frayed Knot
Jul 03 2020 07:37 PM
Re: Another Potential Buyer

49 y/o LA area realtor/developer Kurt Rappaport, sometimes described as 'Realtor to the Stars', "is in direct contact with the Mets' bankers, Allen & Co." with the idea of making a bid on the team.

With a net worth of around $350 million, he wouldn't have the clout to buy the team on his own but, "multiple people familiar with the bid say that Rappaport, who won the Dave Winfield humanitarian

award at a Major League Baseball event in 2018, is a baseball fan with heavy-hitter connections and could table a sizable bid
."



So this puts the list at four with known active interest joining: the very interested but can they get the help 'Team J-Rod'; the Harris/Blitzer private equity guys said to be sniffing around for a bargain;

and the British born Reuben brothers with an eye towards surrounding real estate.

Not mentioned is Steve Cohen although he's certainly watching the situation -- as a minority owner already he'd almost have to -- and, according to this latest Thorton McEnery piece, "it is not out of

the realm of possibility that Cohen offers a bid, should the Wilpons fail to get their asking price". “Steve Cohen still wants the Mets,” one source said. “And he usually gets what he wants.”

What seems increasingly clear is that it's unlikely any bid will top the previous $2 billion+ offer from Cohen.



https://nypost.com/2020/07/02/la-real-estate-developer-latest-bidder-in-mets-sale/

Frayed Knot
Jul 06 2020 08:14 PM
Re: Another Potential Buyer

He's Baaaaaaack!!



"Sources close to billionaire hedge-fund manager Steve Cohen told The Post he will bid on the Mets this week ..."

Centerfield
Jul 07 2020 07:50 AM
Re: Another Potential Buyer

Frayed Knot wrote:

He's Baaaaaaack!!



"Sources close to billionaire hedge-fund manager Steve Cohen told The Post he will bid on the Mets this week ..."


Imagine. In 2021, we could have a vaccine, a new president, our jobs back, and Steve Cohen as owner of the NY Mets.

Frayed Knot
Jul 07 2020 12:51 PM
Re: Another Potential Buyer

Or coal in our stockings ... still TBD

Edgy MD
Jul 07 2020 02:13 PM
Re: Another Potential Buyer

Is there a reason Cohen is at the top of your wish list?

Benjamin Grimm
Jul 07 2020 03:19 PM
Re: Another Potential Buyer

Deepest pockets, I guess.

Lefty Specialist
Jul 07 2020 03:57 PM
Re: Another Potential Buyer

Any of these bidders will have billions of dollars at their disposal. Let the best team win, and make sure that SNY is part of the deal so that they can do a multi-part investigation of the Wilpons once the ink is dry. Sort of like 'The Last Dance' only featuring Bernie Madoff.

Benjamin Grimm
Jul 07 2020 04:08 PM
Re: Another Potential Buyer

Let's put Trump in jail first before we start worrying about the Wilpons.

Edgy MD
Jul 07 2020 04:22 PM
Re: Another Potential Buyer

Fuck and yes and fuck and yes.

G-Fafif
Jul 07 2020 05:28 PM
Re: Another Potential Buyer

As long as he uses his powers for good, yay Cohen, I guess, but I cooled on him since reading about him in this deep dive into the not so moderate leanings of the fancier precincts of Greenwich.


The money physically redrew Greenwich, as financiers built estates on a scale once favored by Gilded Age railroad barons. The hedge-fund manager Steven A. Cohen paid $14.8 million in cash for a house, then added an ice rink, an indoor basketball court, putting greens, a fairway, and a massage room, ultimately swelling the building to thirty-six thousand square feet—larger than the Taj Mahal. In a final flourish, Cohen obtained special permission to surround his estate with a wall that exceeded the town's limits on height. It was nine feet tall.


When the votes were counted, Trump's greatest support in Greenwich was not in the middle-class sections of downtown. It was in two of the wealthiest precincts—the Tenth and Eleventh Districts, which sprawl across the lush northern backcountry, encompassing the Round Hill Club, where Prescott Bush once reigned, and the estate of Steven Cohen, the investor with the nine-foot wall. Cohen, whose hedge fund closed in 2014, after pleading guilty to insider trading, donated a million dollars to support the Inauguration. Peterffy chipped in a hundred and fifty thousand dollars. Glazer joined the transition.


I don't begrudge him his garish indulgences, and I have no illusions about how billionaires become billionaires, but the dude really didn't have anything better to do with a million fucking dollars besides celebrate that travesty?



https://www.newyorker.com/magazine/2020/05/11/how-greenwich-republicans-learned-to-love-trump

Edgy MD
Jul 07 2020 10:43 PM
Re: Another Potential Buyer

Pretty funny that the passage also invokes one of the team's founders.

Centerfield
Jul 08 2020 12:06 PM
Re: Another Potential Buyer

Benjamin Grimm wrote:

Deepest pockets, I guess.


Pretty much. All I ask of an owner is that they spend money and stay out of the way. Cohen seems the best bet for this.



The other groups don't have nearly as much money from what I hear. And of course J-Rod are not doing this so they can stay out of the spotlight.

Frayed Knot
Jul 09 2020 03:52 PM
Re: Another Potential Buyer

Today (Thurs 7/9) is deadline day for the initial round of bidding. These are not binding bids but rather a way to gauge the level of interest and perhaps narrow the field.

The Mets will then show their 'financials' to any survivors of this round and ask for committed offers "within a few months" although it's also possible that a "too rich to

refuse" offer could preemptively end the process.





https://nypost.com/2020/07/08/mets-sale-first-round-bidding-deadline-is-here/

Centerfield
Jul 09 2020 04:58 PM
Re: Another Potential Buyer

I don't see why Cohen would bid here. As a part owner, I'm sure he'd get info on all bids. Doesn't it suit him to wait and see where the bids fall, then bid higher?

Frayed Knot
Jul 10 2020 03:36 AM
Re: Another Potential Buyer


I don't see why Cohen would bid here.


Well he would and he has, a reported [by FOX Business] $2 Billion-flat one (previous bid = $2.6) which is enough to put him in the lead. The JRod group, who are said to

have "all the financing in place", and the one from the Harris/Blitzer--Sixers/Devils owners are both estimated to be in the $1.7 range, an amount which is likely enough

to keep those groups around moving forward. The Wilpons will decide "in the coming days" which and how many groups will move on to the next stage.

Cohen is also said to be willing to cough up an additional two billion to buy SNY.



https://nypost.com/2020/07/09/alex-rodriguez-and-jennifer-lopez-bid-has-proper-funding-to-buy-mets/

MFS62
Jul 10 2020 05:45 AM
Re: Another Potential Buyer

One TV sports reporter (I think it was WABC) said that Cohen will bid another $2 billion for SNY.

That has to be very tempting to owners who throw nickels around like manhole covers while constantly pleading poverty.



Later

Frayed Knot
Jul 15 2020 11:59 AM
Re: Another Potential Buyer

Why don't you tell me 'bout the mystery man

I wanna know about the mystery man.

I wanna know cuz I've cried and I've cried

but I'm still mystified

I can't take it anymore and I'm not satisfied








So it seems that, in addition to the J-Rod group, and the Sixers/Devils guys, and of course Cohen, a mystery man/group is getting buzz that could derail Mr. Cohen as presumptive winner.

It starts with 86 y/o multi-billionaire gambling mogul Sheldon Adelson, and then includes private equity firm Silver Lake (worth $43 B) who are said to have interest in sports ownership.

Silver Lake denies that they are a candidate to buy the Mets but they and Adelson could be teaming up with Harris & Blitzer (Sixers/Devils), a group which would certainly have the ability

to challenge Cohen as top dog on the circuit.





https://nypost.com/2020/07/15/sheldon-adelson-is-the-mystery-bidder-who-could-shake-up-mets-sale/

Edgy MD
Jul 15 2020 12:12 PM
Re: Another Potential Buyer

Me: The only thing could make a potential Mets sale slimier is the introduction of the some high-end Vegas-money scumbag. Even moreso would be some high-end Vegas-money scumbag who is a major supporter of Donald Trump.



Sheldon Adelson: HEY-YO!!

Benjamin Grimm
Jul 15 2020 12:54 PM
Re: Another Potential Buyer

Sheldon Adelson looks like the kind of guy who's going to fall off his yacht and drown in the Mediterranean within the next few years.

LWFS
Jul 16 2020 08:54 AM
Re: Another Potential Buyer

Sheldon Adelson looks like the chest thing that leads the rebels in Total Recall. Kuatu? Kwata?



I mean, you think "anyone but the Wilpons," and you write "anyone but the Wilpons," and you actually say it once or twice, and it's Sheldon Fucking Gambling Troll Adelson. 2020!

Frayed Knot
Jul 16 2020 02:19 PM
Re: Another Potential Buyer

I'm just shocked that a sleazy casino mogul knows Trump personally.

nymr83
Jul 16 2020 04:07 PM
Re: Another Potential Buyer

Frayed Knot wrote:

I'm just shocked that a sleazy casino mogul knows Trump personally.


Well, Trump did once own and operate a competing casino (into the ground)

nymr83
Jul 16 2020 04:08 PM
Re: Another Potential Buyer

Arod today reminded us what a huge hypocrit he is, calling for revenue sharing/salary cap. Is he the highest paid player ever? But now he wants to be an owner so let's cap em!

Benjamin Grimm
Jul 18 2020 03:51 PM
Re: Another Potential Buyer

Daily News reporting that the Alex Rodriguez-Jennifer Lopez group is out of the running. The group they've assembled doesn't have enough money to adequately run the team.

Frayed Knot
Jul 21 2020 05:20 PM
Re: Another Potential Buyer

A NYP article today has J-Rod still very much in the running, although if that group has any chance of winning it's going to take more cash than their money men, Vincent Viola and Mike Repole, have so far

committed which is likely, should they win the bid, to take the lead chair away from Alex Rodriguez. All teams have a designated 'control person' in their ownership groups and that's usually the one with

the largest investment. So J-Rod could conceivably win the team but lose control of their own group.



Also: the Wilpons will start internal management meetings "by the end of July" with the four groups remaining in the buying process. And as no one group appears to want to make an offer which will blow

away the remaining field and end the process now, there will likely be at least one more round of bidding, one which the 'Pons hope will jack the price up back over $2B*













* Or not $2B ... that is the question.

Whether it is nobler for your mind to suffer the slings and arrows

of the Wilpons in order to hand them an outrageous fortune.

Or to take up arms against a sea of debt and, by opposing, end them.

To own, perchance to dream -- ay, there's the rub

For from that steep a debt what dreams may come.

Ceetar
Jul 21 2020 06:03 PM
Re: Another Potential Buyer

=nymr83 post_id=40605 time=1594937317 user_id=54]
Arod today reminded us what a huge hypocrit he is, calling for revenue sharing/salary cap. Is he the highest paid player ever? But now he wants to be an owner so let's cap em!



not quite.

A Boy Named Seo
Jul 23 2020 03:03 PM
Re: Another Potential Buyer

Just saw A-Rod on Jake Tapper's show on CNN. Jake asked Alex if he thought the Braves and Indians should change their name. Alex said he doesn't have enough information on it (huh?) and that it's above his pay grade, then smiled the shit-eatingest politician smile I've ever seen. I don't like him.

Frayed Knot
Jul 23 2020 06:39 PM
Re: Another Potential Buyer

Plus ARod says (on tonight's telecast) that he "Loves" the universal DH ... so his ownership candidacy is OVAH as far as I'm concerned.

Frayed Knot
Aug 28 2020 08:15 PM
Re: Another Potential Buyer

https://nypost.com/2020/08/28/mets-sale-talks-havent-included-jeff-wilpon/



Jeffy is apparently being excluded from team sale talk after having a hand in torpedoing the earlier sales bid from Steve Cohen.

G-Fafif
Aug 28 2020 08:17 PM
Re: Another Potential Buyer

https://twitter.com/davidfaber/status/1299525535186518016?s=21

Frayed Knot
Aug 28 2020 08:19 PM
Re: Another Potential Buyer

Amazing how quickly things start to roll once Jeffy is banished to stand in the hall.





P.S. Bet they don't get $2.6 B out of him this time.

ashie62
Aug 28 2020 10:19 PM
Re: Another Potential Buyer

No they won't. I am not a Steve Cohen fan and I'll leave it at that.



It's his to lose for sure. Then again, Cohen will not lose

Edgy MD
Aug 29 2020 07:09 AM
Re: Another Potential Buyer

Come on, Mike Repole! Step up!

86dreamer
Aug 29 2020 07:52 AM
Re: Another Potential Buyer

This is Amazin' news. Mets will finally have an owner with the resources and commitment necessary to compete and win.

Edgy MD
Aug 29 2020 07:59 AM
Re: Another Potential Buyer

Well, it's certainly not a done deal.

Johnny Lunchbucket
Aug 29 2020 09:01 AM
Re: Another Potential Buyer

I'm still rooting for them to eat shit on the deal, accept 100s of millions less than they bargained for initially and there to be clauses in the fine print that ban Jeff Wilpon not only from continuing as a control person but ban his presence from the park.

G-Fafif
Sep 03 2020 08:06 PM
Re: Another Potential Buyer

Real Mets fan issues non-boilerplate statement.



https://twitter.com/jonheyman/status/1301655733931585540?s=21

batmagadanleadoff
Sep 06 2020 06:19 PM
Re: Another Potential Buyer

Alex Rodriguez thinks Mets' sale is 'fixed' in favor of Steve Cohen, per report



Excerpt:


Rodriguez claims that he lost his shot to buy the team on Aug. 28, when the Mets' banker, Steve Greenberg of Allen & Co., asked for a sneak peek at what Rodriguez was offering. That request was three days ahead of the official Aug. 31 deadline that the Mets had in place for bids.



Rodriguez granted the request, but later learned that the Mets were in talks with Cohen for the sale of the team. Cohen's final bid was $2.35 billion. Rodriguez's group reportedly offered $50 million more.



As such, Rodriguez is now "convinced" that the Mets leaked his offer to Cohen so that the hedge fund billionaire could offer enough money for the franchise.


https://www.cbssports.com/mlb/news/alex-rodriguez-thinks-mets-sale-is-fixed-in-favor-of-steve-cohen-per-report/

Lefty Specialist
Sep 06 2020 07:09 PM
Re: Another Potential Buyer

Didn't Cohen already have the advantage of seeing the offers as a current part-owner of the Mets anyways?



I'm just so glad it wasn't J-Rod. I don't want drama, I want rich owners and competence.

Frayed Knot
Sep 06 2020 07:17 PM
Re: Another Potential Buyer

Ya gotta admit. ARod complaining about "cheating" is almost beyond satire

nymr83
Sep 06 2020 07:23 PM
Re: Another Potential Buyer

Frayed Knot wrote:

Ya gotta admit. ARod complaining about "cheating" is almost beyond satire


Its pretty awesome. Talk about a guy you like to see lose. I hope Cohen cheated him, as long as the Mets have a NY sized payroll.

Edgy MD
Sep 06 2020 08:55 PM
Re: Another Potential Buyer

Lefty Specialist wrote:

Didn't Cohen already have the advantage of seeing the offers as a current part-owner of the Mets anyways?



I'm just so glad it wasn't J-Rod. I don't want drama, I want rich owners and competence.


It may work out, but I don't think competence is the first thing that pops to mind when anybody mentions Steve Cohen.



It ain't going to be so much about winning over the Wilpons as winning over the other owners, who have to give a supermajority of approval to whoever gets in their club.

Benjamin Grimm
Sep 14 2020 11:34 AM
Re: Another Potential Buyer

Reports are that Steve Cohen will be signing the paperwork today. The 29 other MLB owners will then vote to confirm him in November. The expectation right now is that the approval will be granted and Cohen would then immediately take control of the team. I imagine he'll want to make a big impact this offseason. It should be a very hot Hot Stove.

bmfc1
Sep 14 2020 12:05 PM
Re: Another Potential Buyer

Will Joel Sherman write another article on how upset Jennifer Lopez is and how Alex Rodriguez has found another deep-pocketed partner?

After listening to Rodriguez last night, no matter you think of him from anything else, it is wonderful that we won't have to hear his monotonous, all-knowing, drone of a voice in the capacity of Owner of the Mets.

nymr83
Sep 14 2020 12:33 PM
Re: Another Potential Buyer

Sherman sucks.

Lefty Specialist
Sep 14 2020 01:34 PM
Re: Another Potential Buyer

I'll take the super-rich real Met fan over the celebrity fronts for not-nearly-as-rich faceless investors any day of the week.

kcmets
Sep 14 2020 01:56 PM
Re: Another Potential Buyer

Life without The Ponz is hard to imagine, I hope to holy horseradish this comes true.

Waiting until November seems almost like added punishment but the weeks fly by.

G-Fafif
Sep 14 2020 03:26 PM
Re: Another Potential Buyer

One step closer...



https://twitter.com/bnightengale/status/1305618400295616514?s=21

G-Fafif
Sep 14 2020 03:27 PM
Re: Another Potential Buyer

https://twitter.com/feinsand/status/1305618594437398529?s=21

A Boy Named Seo
Sep 14 2020 03:29 PM
Re: Another Potential Buyer

I've never been so happy about a gross billionaire making other gross billionaires richer.

kcmets
Sep 14 2020 03:32 PM
Re: Another Potential Buyer

I'm so happy I might just Tweet later!

bmfc1
Sep 14 2020 03:37 PM
Re: Another Potential Buyer

https://media.giphy.com/media/xT9Igtjxw42qVPziy4/giphy.gif>

Gwreck
Sep 14 2020 03:48 PM
Re: Another Potential Buyer

Great. Now spend lots of money to make the team good and otherwise not comment on anything. Thanks.

Johnny Lunchbucket
Sep 14 2020 03:51 PM
Re: Another Potential Buyer

yay, I guess

nymr83
Sep 14 2020 04:11 PM
Re: Another Potential Buyer


Great. Now spend lots of money to make the team good and otherwise not comment on anything. Thanks.


Nonsense. I also look forward to Steve commenting on important topics such as "what is the biggest statue to Seaver you think you can erect?" and "how many charities in Queens are you forking free tickets over to, Steve?"

ashie62
Sep 14 2020 04:27 PM
Re: Another Potential Buyer

Cohen gets 95% Wilpon/Katz 5% SNY stands alone I believe.

MFS62
Sep 14 2020 04:37 PM
Re: Another Potential Buyer

Total price $2.4 billion.

First official act: Toss the Wilpons out of their owner's box and make them sit next to the smoking grease pit of the Shake Shack.

Later

G-Fafif
Sep 14 2020 07:12 PM
Re: Another Potential Buyer

I'm opting for conditional optimism.

G-Fafif
Sep 14 2020 08:08 PM
Re: Another Potential Buyer

https://twitter.com/metsbackpage1/status/1305689201208365057?s=21

Lefty Specialist
Sep 15 2020 04:36 AM
Re: Another Potential Buyer

It's a sigh of relief rather than squeals of joy. There's much that needs to be fixed. Money isn't everything; you need baseball smarts, too. I hope Cohen isn't a meddling owner and that he hires the right people and lets them do their jobs. Oh, and keeps the sexual harassment to a minimum.



Brodie probably shouldn't get too attached to the office furniture.

Johnny Lunchbucket
Sep 15 2020 05:29 AM
Re: Another Potential Buyer

https://www.youtube.com/watch?v=NY0BAMgrucE

ashie62
Sep 15 2020 07:04 AM
Re: Another Potential Buyer

It will be interesting. Cohen is a true Mets fan. He is also a savage competitor within his industry; and prosecuted for it. Cohen is "supposed" to stand away from his hedge funds at least in name only.



I could see him wanting to be hands on with the Mets as could anyone.



Don't know if Brodie or Rojas survive the coming purge.



You could get a good baseball sense of Cohen in how he handles any contract talks with Conforto this winter.

Benjamin Grimm
Sep 15 2020 07:17 AM
Re: Another Potential Buyer

Okay, so the original deal was $2.6 billion, with Jeff Wilpon running the team for five years.



The new deal is $2.4 billion, and no Jeff.



Does this mean that five years of Jeff Wilpon is worth $200 million????

Edgy MD
Sep 15 2020 07:18 AM
Re: Another Potential Buyer

I thought involving himself in negotiations with the players was something we didn't want to see, but I guess you mean whether or not he actually does that.



I think we'll get a good sense about Cohen in how he approaches getting the vote of the the supermajority of the owners.



I think he will, but it very well could get ugly and it could get public.

Benjamin Grimm
Sep 15 2020 07:19 AM
Re: Another Potential Buyer

It's the GM's job to negotiate with players. It's the owner who provides the budget. What I would like to see is Cohen giving the green light to Brodie (or whoever) to spend $X million on Conforto, with X being a high enough number to get the job done.

MFS62
Sep 15 2020 07:25 AM
Re: Another Potential Buyer

If Brodie gets tossed, will he then resume his job as an agent and start to play hardball on future negotiations with the Mets?

I'll take that chance.

Later

Edgy MD
Sep 15 2020 08:15 AM
Re: Another Potential Buyer

I'm not sure why Brodie is a villain.

MFS62
Sep 15 2020 08:20 AM
Re: Another Potential Buyer

Edgy MD wrote:

I'm not sure why Brodie is a villain.


I was wondering if he gets canned, will he have animosity toward the company that tossed him. Many ex-employees feel that way. Not saying he would "go postal", but that would be a way to get back at the Mets.

Later

Benjamin Grimm
Sep 15 2020 08:23 AM
Re: Another Potential Buyer

Not something to worry about. I don't think it would be in Brodie's best interests, or that of his clients, to steer his players away from the New York team with the multi-billionaire owner.



But if you're saying that he'd try to get as much money for his players from the Mets as he possibly could, well, that would be his job as an agent anyway.

MFS62
Sep 15 2020 08:34 AM
Re: Another Potential Buyer

That's what I meant. I don't see him letting any of his clients giving the Mets a "home team discount" if they wanted one.

Later

Edgy MD
Sep 15 2020 08:48 AM
Re: Another Potential Buyer

My concern is that you raise this prospect with "I'll take this chance," the seeming implication being that his firing is of some sort of paramount importance.



I'm just not there.

Benjamin Grimm
Sep 15 2020 09:16 AM
Re: Another Potential Buyer

I'm not there either. And as this poll from two months ago reveals, most of us are willing to give Brodie another year.

Lefty Specialist
Sep 15 2020 10:29 AM
Re: Another Potential Buyer

Edgy MD wrote:

I'm not sure why Brodie is a villain.


He's not necessarily a villain (although, y'know, Cano/Diaz), but I would think the new guy with infinite resources is going to want a guy he picks running the show. And being a part owner and doing a proctological examination of the entire organization as due diligence in making the offer, I'd expect some changes. Rojas shouldn't get too comfortable either.

bmfc1
Sep 15 2020 11:40 AM
Re: Another Potential Buyer

I suspect that Cohen might bring in an Executive Director of Baseball Operations or something like that (I see that they presently have a Director of Baseball Operations and I've never heard of the guy: https://www.mlb.com/mets/team/front-office) who can look at the entire operation.

MFS62
Sep 15 2020 12:15 PM
Re: Another Potential Buyer

Just the other day I was wondering, "What ever happened to Rafael Landestoy?"

Now I know.



Later

Edgy MD
Sep 15 2020 01:38 PM
Re: Another Potential Buyer

He's been with the organization a long time, actually. He's been the minor league field coordinator since before the Terry Collins era and I think was an instructor with them going back to the 1990s. I'm not sure if it's been uninterrupted service, but it's been a while. He was part of the shakeup way back when Dallas Green was replaced by Bobby Valentine.

bmfc1
Sep 15 2020 03:42 PM
Re: Another Potential Buyer

Thanks, Edgy.



If "maybe the Mets would be better off with the Rodriguez/Lopez team as the owner rather than Cohen", then consider that Jeffy would have stayed in our lives", per Deesha Thosar in The Daily News:

https://twitter.com/DeeshaThosar/status/1305937057836158978

Benjamin Grimm
Sep 15 2020 04:34 PM
Re: Another Potential Buyer

I can't help but think that the J-Rod group would have been like going from the frying pan to the fire.

Lefty Specialist
Sep 15 2020 04:56 PM
Re: Another Potential Buyer

As the kids say, OMG.



If Jeff Wilpon had any role in this team going forward I would have had an aneurysm. What an ass.



Ann Richards' line never fit anyone better; "He was born on third base and thought he hit a triple". He should just take the damn money and go hide in an eastern European country.

batmagadanleadoff
Sep 15 2020 05:21 PM
Re: Another Potential Buyer

From what I've been reading and surmising, it was Jeff, I think, that fucked up the first Steve Cohen deal more than Cohen himself supposedly did. What a horrible person. He fucked up everything. Tidewater, too. The Mets had that minor league affiliate forever until like three minutes after Jeff got involved. Then Jeff pissed everybody off at Tidewater because he had the leverage and he could act like a scumbag with impunity because he is a scumbag. Except that time, he didn't have the leverage and the Tidewater owners got their ducks all lined up and eventually told Jeff to go fuck himself.



I'll be those Saul Katz cousins probably wanna strangle Jeff. Not just strangle him. Strangle him like those psychopaths do when they strangle their victim, but only to the brink of death, so the victim can recover some so that he can be strangled again.



To finally close this latest deal with Cohen, the Katzes hadda shut Jeff out of the final negotiations.

MFS62
Sep 15 2020 05:34 PM
Re: Another Potential Buyer

SNY is reporting that the A-Rod/J-Lo group has submitted a bid equal to what Cohen has offered. If the MLB owners deny Cohen, their bid will be considered.

https://sports.yahoo.com/latest-mets-sale-process-steve-145429201.html



Conspiracy theory time: If I'm a major league club owner, I'm thinking "Do I want Cohen to win the bid, and turn the Mets into a powerhouse, or do I want the A-Rod / J-Lo ownership, because they'll probably screw them up for years to come?"

The owners didn't amass their fortunes by allowing their competition to get better.

Just sayin'.

Later

Edgy MD
Sep 15 2020 06:30 PM
Re: Another Potential Buyer

I kind of think that model has worked fine for them.



And I don't know why Cohen turning the team into a powerhouse or Rodriguez and Lopez screwing them up is some kind of automatic expectation.

Centerfield
Sep 16 2020 06:03 AM
Re: Another Potential Buyer

It's not automatic, but a pretty safe assumption. One fought like hell to keep Jeff away. The other group embraced him. The group that likes Jeff would be over leveraged, similar to the Wilpons.



So yes. Not dispositive, but likely.

Centerfield
Nov 06 2020 04:34 AM
Re: Another Potential Buyer


Frayed Knot wrote:

He's Baaaaaaack!!



"Sources close to billionaire hedge-fund manager Steve Cohen told The Post he will bid on the Mets this week ..."


Imagine. In 2021, we could have a vaccine, a new president, our jobs back, and Steve Cohen as owner of the NY Mets.


Thinking back to this post of mine from July. To think the sale might close the same day Biden is declared the winner. Am I greedy to want a vaccine before the weekend?

Centerfield
Nov 09 2020 05:54 AM
Re: Another Potential Buyer

Monday. It took until Monday to get the vaccine.



We got Cohen, Biden and the Pfizer vaccine over a 4 day span.

Benjamin Grimm
Nov 09 2020 06:10 AM
Re: Another Potential Buyer

Quick, before the mojo wears off... Is there anything else on our wishlist?

MFS62
Nov 09 2020 08:10 AM
Re: Another Potential Buyer

Benjamin Grimm wrote:

Quick, before the mojo wears off... Is there anything else on our wishlist?


World Peace.

Later

Benjamin Grimm
Nov 09 2020 08:14 AM
Re: Another Potential Buyer

That's ambitious. I'd have been happy for a bagel with cream cheese.

MFS62
Nov 09 2020 09:36 AM
Re: Another Potential Buyer

Benjamin Grimm wrote:

That's ambitious. I'd have been happy for a bagel with cream cheese.


Up here where I live, finding a good bagel is harder than finding World Peace.

Later

stevejrogers
Nov 09 2020 10:59 AM
Re: Another Potential Buyer

Benjamin Grimm wrote:

Quick, before the mojo wears off... Is there anything else on our wishlist?


That the political party I currently identify with sheds the label that we're the party that doesn't care and wants to kill anyone that isn't a non-straight, ultra rich caucasian male. That'd be a nice thing since I really don't actually know or associate with any of us conservative republicans or libertarians that really are that hateful with lack of empathy!

Benjamin Grimm
Nov 09 2020 11:10 AM
Re: Another Potential Buyer

I never thought that the Republican party wants to kill everyone who isn't a wealthy white heterosexual male. They just want to subjugate them.

stevejrogers
Nov 09 2020 11:22 AM
Re: Another Potential Buyer

Benjamin Grimm wrote:

I never thought that the Republican party wants to kill everyone who isn't a wealthy white heterosexual male. They just want to subjugate them.


You obviously don't read the social media accounts I come across. Or at least the ones that don't make me want to scream at my phone!



Does seem that libs want their leaders to subjugate Trump supporters though

Johnny Lunchbucket
Nov 09 2020 11:23 AM
Re: Another Potential Buyer


Benjamin Grimm wrote:

Quick, before the mojo wears off... Is there anything else on our wishlist?


That the political party I currently identify with sheds the label that we're the party that doesn't care and wants to kill anyone that isn't a non-straight, ultra rich caucasian male. That'd be a nice thing since I really don't actually know or associate with any of us conservative republicans or libertarians that really are that hateful with lack of empathy!


no longer frequenting the nbf mofo room?



PS-- used to lots of non-insane right votes. MAGA Nation is the reason they're looked at poorly

metsmarathon
Nov 09 2020 11:29 AM
Re: Another Potential Buyer


Does seem that libs want their leaders to subjugate Trump supporters though


"we will subjugate you by affording the same rights, privileges, and benefits you currently enjoy, to a wider, more inclusive populace."



Those monsters!

stevejrogers
Nov 09 2020 12:05 PM
Re: Another Potential Buyer

Johnny Lunchbucket wrote:


Benjamin Grimm wrote:

Quick, before the mojo wears off... Is there anything else on our wishlist?


That the political party I currently identify with sheds the label that we're the party that doesn't care and wants to kill anyone that isn't a non-straight, ultra rich caucasian male. That'd be a nice thing since I really don't actually know or associate with any of us conservative republicans or libertarians that really are that hateful with lack of empathy!

used to lots of non-insane right votes. MAGA Nation is the reason they're looked at poorly


True ;)

batmagadanleadoff
Nov 10 2020 10:50 AM
Re: Another Potential Buyer


Benjamin Grimm wrote:

Quick, before the mojo wears off... Is there anything else on our wishlist?


That the political party I currently identify with sheds the label that we're the party that doesn't care and wants to kill anyone that isn't a non-straight, ultra rich caucasian male. That'd be a nice thing since I really don't actually know or associate with any of us conservative republicans or libertarians that really are that hateful with lack of empathy!


They won't shed that richly deserved label because they are what they are -- fucking monsters. They're not your grandfather's Republican party. And because of shit like this:



At This Point, the Republican Obsession With Overturning Obamacare Is Simple Sadism



As yet another case comes before the Supreme Court—during a pandemic—even the insurance companies must not want this level of chaos.



The Republican Party, committed now for 11 years to the proposition that people should be allowed to die based on their net worth, as a truly pro-life party would be, took its last whack at the Affordable Care Act on Tuesday, taking its brand-new, shiny semi-permanent 6-3 Supreme Court majority out for its first spin. This effort is as meritless as all the other ones have been, but the calculus changed utterly when the confirmation of Amy Coney Barrett was bum-rushed through the Senate. As Jonathan Cohn, who has been a stalwart on this front from longer than anyone should be, put it in HuffPost:



The merits of the case are notoriously weak. Even conservative and libertarian lawyers who supported past challenges to Obamacare have filed friend-of-the-court briefs urging the justices to reject this one. For that reason, many legal observers think the chances of this lawsuit succeeding are relatively small. But the lawsuit has already gotten favorable rulings from three lower court judges. All three were Republican appointees, just like the Supreme Court majority, which now numbers six conservatives, with Amy Coney Barrett recently placed on the bench. Tuesday's oral arguments will offer the first hints of how she and the rest of the justices view this case, although an actual ruling will likely wait several months, maybe even until the spring.



[***]



But, in a long view, the best explanation for the Republican obsession with destroying the ACA remains simple sadism. It can't entirely be donors; the insurance industry surely doesn't want the chaos that would ensue. Republican governors turning down FREE MONEY! has now morphed into a party-wide idea fixe on the level of the party's more self-destructive modern episodes. And now, it gets another hearing before a changed Supreme Court. The smart money says that the Court won't go near overturning the law. The smart money should shut up.






https://www.esquire.com/news-politics/politics/a34629692/supreme-court-obamacare-case-republican-sadism/