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Posted


Edgy MD wrote:

A master poker player?


He played tournament poker starting in High School and credits the game with his initial teaching about risks.

I assume Vaccaro is playing off of that with the implication that maybe Freddie thinks he'll get better offers while Cohen is betting otherwise.


Posted


Frayed Knot wrote:

I assume Vaccaro is playing off of that with the implication that maybe Freddie thinks he'll get better offers while Cohen is betting otherwise.


Why doesn't Fred sell part of the team to Hyman Roth? He always makes money for his partners.

Later


Guest 41Forever
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Posted


I'm not an expert in these things. But I have to think no one walks away from $2.6 billion when it's on the table. Now factor in the family issues, and you have even more pressure to sell. I can also see Cohen saying he's not sliding $2.6 billion across the table unless he has control. If the Honda salesman told me I can start payments on my CRV but not drive it for five months, I'd balk.



I can also see someone in Cohen's camp leaking to the media that the sale has slowed as an additional way to put pressure on the Wilpons.



I can also see MLB, advertisers, networks, agents, Nike and everyone else getting making money on baseball realizing that baseball is stronger when there is a good team in New York, and that's pressure to sell, too.



This is one step in the process.


Posted


=41Forever post_id=31162 time=1580995250 user_id=69]
I'm not an expert in these things. But I have to think no one walks away from $2.6 billion when it's on the table. Now factor in the family issues, and you have even more pressure to sell. I can also see Cohen saying he's not sliding $2.6 billion across the table unless he has control. If the Honda salesman told me I can start payments on my CRV but not drive it for five months, I'd balk.



I can also see someone in Cohen's camp leaking to the media that the sale has slowed as an additional way to put pressure on the Wilpons.



I can also see MLB, advertisers, networks, agents, Nike and everyone else getting making money on baseball realizing that baseball is stronger when there is a good team in New York, and that's pressure to sell, too.



This is one step in the process.

Grand Central Contributor
Posted


It's a negotiation. It'd be nice if 'reporters' reported that instead of editorializing.


Cohen is open to returning to the bargaining table under terms more favorable to him, the Daily News reported.


If you're a reporter and you wrote that the deal fell through, you're just bad at your job.



We initially got the Wilpon-heavy terms, two months ago. No one reported that it was 'close to done' Now we get the Cohen side.



That's literally how negotiations work!


Guest 41Forever
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Posted


=Ceetar post_id=31171 time=1580999747 user_id=102]
It's a negotiation. It'd be nice if 'reporters' reported that instead of editorializing.


Cohen is open to returning to the bargaining table under terms more favorable to him, the Daily News reported.


If you're a reporter and you wrote that the deal fell through, you're just bad at your job.


Posted


Frayed Knot wrote:

Edgy MD wrote:

A master poker player?


He played tournament poker starting in High School and credits the game with his initial teaching about risks.

I assume Vaccaro is playing off of that with the implication that maybe Freddie thinks he'll get better offers while Cohen is betting otherwise.


I understand. But it's not poker.



Or just ignore me. I'm just sore about the media mythmaking that made the president.



And Bernie Madoff.



And Michael Milken.



And Steve Cohen.



I don't get wood for rich swindlers.


Grand Central Contributor
Posted


fair, I guess you've got clicks (there were a dozen posts that were literally just aggregating the Mets no comment) and views so you're not bad at your job, but ..



it's not so much that it's shaky anonymous sources, it's not the sources fault, the sources are often doing that intentionally, because these guys will just signal boost your message everywhere with roughly zero critical analysis. You could get a pedophile elected with reporters like this.



Like, I don't recall seeing that the payments would be in 5 installments, which makes a ton of sense when coupled with a 5 year sunsetting rumor. The purchase isn't complete yet, that's why the Wilpons would still get to run things. That answers that question! It was a legitimate lingering question based on the rumors and leaks from December and now it's answered and I don't think I've seen anyone point that out.


Posted


=Centerfield post_id=31170 time=1580999682 user_id=65]
=41Forever post_id=31162 time=1580995250 user_id=69]
I'm not an expert in these things. But I have to think no one walks away from $2.6 billion when it's on the table. Now factor in the family issues, and you have even more pressure to sell. I can also see Cohen saying he's not sliding $2.6 billion across the table unless he has control. If the Honda salesman told me I can start payments on my CRV but not drive it for five months, I'd balk.



I can also see someone in Cohen's camp leaking to the media that the sale has slowed as an additional way to put pressure on the Wilpons.



I can also see MLB, advertisers, networks, agents, Nike and everyone else getting making money on baseball realizing that baseball is stronger when there is a good team in New York, and that's pressure to sell, too.



This is one step in the process.

Posted


There are so many conflicting reports going around it's hard to figure out what's going on.



But it's not hard to imagine that Cohen brought the Wilpons to this point, implying that he'd be ok with giving up control during the five years, then using the media to strong-arm his way into more input during that window.



If the things that have been written about him are true, then this kind of move is right up his alley.



Imagine that in the end, the Wilpons get screwed by an evil, ruthless, take-no-prisoners hedge fund guy. And we're all rooting for him. Life is crazy.


Grand Central Contributor
Posted


=Centerfield post_id=31179 time=1581005704 user_id=65]


Imagine that in the end, the Wilpons get screwed by an evil, ruthless, take-no-prisoners hedge fund guy. And we're all rooting for him. Life is crazy.

Posted


The chess match continues.



Cohen uses the media to leak that the Wilpons have acted in bad faith.



Wilpons, knowing they will never will in any court of public opinion, counter by reminding Cohen that they have the "Commissioner" squarely in their pocket.


Grand Central Contributor
Posted


I've heard one or two people hint that MLB doesn't particularly like Cohen and that it's not even 100% that they'd approve him. I assume they would, were the sale to happen, but something to think about I guess.


Posted



The chess match continues.



Cohen uses the media to leak that the Wilpons have acted in bad faith.



Wilpons, knowing they will never will in any court of public opinion, counter by reminding Cohen that they have the "Commissioner" squarely in their pocket.


Bad faith? Are u kidding? My memory of the Einhorn deal, according to Einhorn, is that Wilpon was trying to set up a situation whereby down the line, MLB would not approve Einhorn and that Einhorn would forfeit whatever money he had put down to buy the Mets.


Posted


Somehow Jeffy is aware that nepotism is the only way that he will have a job so he needs this to have something to do.


Posted


Would anyone here like to buy my nice car? I'll sell it to youse for half price. It's the CPF discount. Only condition is that I get to keep the car and control it and drive it, even after you buy it. And you, as the owner, will remain on the hook for any legal liability I cause by still keeping the car. And I keep your money. Naturally.


Posted


Wow. Jeff wants to be an executive even after the 5 years. That is a deal breaker.



If that's what they're asking, this deal is dead. Every other deal as well.



What is up with the rest of the Wilpon family. How do you let one tool ruin everything for you?



I Give Up Day 2020


Grand Central Contributor
Posted


I believe I said that's what Jeff was planning when this first cropped up. That he envisioned it as 5 years of sunsetting where they switch to a 'board' of leaders instead of just him, but with the 'wink wink' that he'd still get to be on that board/lead that board.



I mean, no one bothered to vet this out, but he would still be a minority owner I think.



MLB's leaking that this was not the case, not that you have any reason to believe them (I saw something about Cohen dropping the price), but then we don't really have any reason to believe the Post account either. They're just negotiating in public.


Posted


It's tough to see how this kind of insistence on dictating terms and setting conditions for after they are no longer majority owners is a sustainable plan for the 'Pons.

While they most likely don't have to sell the team NOW!!!!, it's pretty apparent that they're going to sell at some point in the not-distant future so there are only so

many bridges they can burn as they continue to search for this ideal notion of a perfect buyer who'll not only agree to their price but also to their after-sale terms.


Posted


I have such an irrational hatred for Little Lord Fauntleroy, I imagine a laser site dot in the middle of his forehead whenever I see a picture of his smirking, ugly mug.


Posted


Frayed Knot wrote:

It's tough to see how this kind of insistence on dictating terms and setting conditions for after they are no longer majority owners is a sustainable plan for the 'Pons.

While they most likely don't have to sell the team NOW!!!!, it's pretty apparent that they're going to sell at some point in the not-distant future so there are only so

many bridges they can burn as they continue to search for this ideal notion of a perfect buyer who'll not only agree to their price but also to their after-sale terms.


The crazy thing is, every time they do this (and has any club sabotaged their own financial rescue not once but twice?!?) they'll be that much likely to find them.



Who the hell would give Jeff Wilpon $2.6 billion and a job? Just take the money, Jeff!


Posted


Even his FAMILY doesn't trust him to nurture/guide their golden-goose/family business. Why on earth would anyone else? Unless... wait, are they shopping this to people with brain injuries? They should shop this to people with brain injuries.


Grand Central Contributor
Posted


now it's officially dead, with a statement from Cohen.I still don't know where he got the second 4% from, but anyway. The price is only going to go up the longer it takes, though Heyman seems to think they'll "auction" it off now which seems.... i dunno, doesn't jibe with the reports about why this deal fell through. You're not going to get the 5 year/5 payment sunsetting thing that way?


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