05.26.11

Mets Find Someone Willing To Pay $200 Million For A Share Of The Snake-Bite

Posted in Baseball, The Marketplace at 12:31 pm by

Earlier today, the Mets announced Greenlight Capital‘s David Einhorn had purchased a minority, non-voting portion of the club for $200 million. “In 1975, I even dressed in a homemade jersey as a Met for Halloween,” bragged Einhorn in a Mets-issued press release, though if the snapshot above is anything to go by, he’s not made much progress in the fashion sweepstakes.

Einhorn’s tumultuous battles with Allied Capital — whom he’d fingered for dubious accounting practices — are chronicled in the 2008 book, ‘Fooling Some Of The People All Of The Time’, a tome that did far better in the nation’s bookstores than say, Steve Phillips’ ‘Fooling Absolutely No One, Ever’.  Assuming the partnership with Einhorn is approved by MLB (which seems likely, given his the hedge fund manager’s ties to Bud Selig), it’s pretty fair to say this guy isn’t gonna keep a low profile. Who’d have thought my moaning of “anyone but Dolan”? would yield such instant results?

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