Steve Cohen Agrees To Purchase Mets
4:54pm: SNY is not in the deal, Joel Sherman of the New York Post tweets.
4:17pm: Billionaire Steve Cohen has agreed to purchase the Mets from Fred Wilpon and Jeff Wilpon, Jon Heyman of MLB Network reports. Cohen will need approval from 23 MLB owners to acquire the team, and if they sign off on his purchase in November, he’ll own 95 percent of the franchise, according to Tim Healey of Newsday. The deal values the Mets at roughly $2.475 billion, Healey adds.
“I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets,” Cohen announced.
The Cohen purchase has been a long time coming for the Mets, who have been in on-again, off-again negotiations with him dating back to last winter. Cohen was seemingly in line to buy the team for $2.6 billion before, but the prior deal between him and the Mets collapsed in February. Cohen, who’s a minority owner of the Mets now, would have ended up with 80 percent of the franchise had that agreement gone through. He’ll now take over almost the entire organization, though it’s unclear whether he’ll get the coveted SNY Network in the sale.
After the Mets resumed their attempt to sell the team, Cohen vied against an Alex Rodriguez-Jennifer Lopez team and a Josh Harris-David Blitzer tandem, among others, in order to land the club. Cohen won out for exclusive negotiations on Aug. 28, though Rodriguez was reportedly none too pleased with the Wilpons for how they handled the process.
Of course, Mets fans also aren’t big fans of the Wilpon family, who have been part of their ownership since the 1980s. The Mets have recently endured serious struggles under the Wilpons, who are at the helm of a franchise that hasn’t won a World Series since 1986, has gone to the postseason four times in the 21st century and hasn’t made the playoffs since 2016.
At 21-26 this season, it doesn’t appear the Mets will snap their playoff drought. Considering the difficulties they’ve faced over the past couple seasons, it’s anyone’s guess which changes Cohen will make if he takes over the team before next season. General manager Brodie Van Wagenen could end up on the chopping block, though, as the beleaguered second-year exec has overseen back-t0-back disappointing teams.
NL Injury Notes: Arenado, Matz, Senzel, Gott
Rounding up some injury news from around the National League:
- Rockies’ star third baseman Nolan Arenado was held out of the lineup today with a left shoulder injury, per the Athletic’s Nick Groke (via Twitter). Colorado is hoping he’ll avoid an injured list stint, says Groke. Arenado’s obviously of immense importance if the 21-24 Rockies are to erase a game and half deficit and get into the postseason.
- The Mets activated lefty reliever Steven Matz from the injured list this afternoon. He’s been out about two weeks with discomfort in his throwing shoulder. It has been a disappointing season for Matz, who got bumped from the rotation after five poor starts before leaving his first relief appearance with the aforementioned injury.
- Reds’ center fielder Nick Senzel has been on the injured list for undisclosed reasons since August 19. He’s nearing a return, manager David Bell told reporters, including Bobby Nightengale of the Cincinnati Enquirer (Twitter link). Indeed, it’s possible Senzel returns for tomorrow’s doubleheader against the Pirates. The 25-year-old is hitting .244/.327/.489 in 53 plate appearances this year.
- The Giants are placing right-handed reliever Trevor Gott on the 10-day injured list with right elbow inflammation (via Henry Schulman of the San Francisco Chronicle). It has been a nightmarish season for the 28-year-old. After seemingly breaking out in 2019, Gott has allowed 13 runs (all earned) in 11.2 innings with eight strikeouts and walks apiece.
Latest On Jed Lowrie
It doesn’t appear Mets infielder Jed Lowrie will end up playing for the club this year, Tim Britton of The Athletic relays. The regular season is only a couple weeks from ending, but manager Luis Rojas said Wednesday he’s not sure whether Lowrie is participating in baseball activities.
“I don’t know what he’s doing,” Rojas said of Lowrie, who Britton notes has been eligible to come off the 45-day injured list for a week.
Lowrie has missed all but nine games since last season as a result of leg problems, including to his left knee this year. Since signing a two-year, $20MM contract with the Mets before 2019, Lowrie has totaled zero hits over eight plate appearances. That obviously wasn’t what the Mets had in mind when they picked up the switch-hitting Lowrie, now 36, off two straight healthy and highly impressive seasons with the Athletics.
Lowrie spent his best seasons in Oakland at second and third base (primarily the keystone), but New York hasn’t been without solutions at those positions during his prolonged absence in 2020. The Mets have mostly given second to a resurgent Robinson Cano and third to J.D. Davis, while Jeff McNeil and Luis Guillorme have been among those to fill in at those spots when necessary. The club’s still a disappointing 19-24, but it’s certainly not because Lowrie has been unavailable. And after back-to-back frustrating seasons, it seems likely the Mets will wave goodbye to Lowrie in free agency during the upcoming winter, ending what has been a regrettable union for the club.
Mets Place Robert Gsellman On 10-Day Injured List
3:05pm: The Mets don’t expect Gsellman to return this year, Deesha Thosar of the New York Daily News tweets.
2:45pm: The Mets have placed right-hander Robert Gsellman on the 10-day injured list due to a fractured rib. Right-hander Drew Smith was called up from the alternate training site.
While the exact severity of Gsellman’s injury isn’t known, a rib fracture would likely indicate that his 2020 campaign is over with less than three weeks remaining in the regular season. The right-hander already missed time earlier this season with a triceps injury and didn’t make his season debut until August 8.
The injuries have undoubtedly contributed to a rough year for Gsellman on the mound. Working as both a reliever and as a starter, Gsellman has a 9.64 ERA over 14 innings, with almost as many walks (eight) as strikeouts (nine). Gsellman has also been tagged for four homers over his 14 innings for an ungainly 2.6 HR/9. A big piece of that damage came in last night’s game, when Gsellman allowed six runs to the Orioles over 3 2/3 innings.
Gsellman broke into the big leagues as a starter, though transitioned to relief work in 2018-19 and was only called back to starting this season to help fill the gaps left by the Mets’ many rotation injuries. The 27-year-old is pitching in his fifth MLB season and will be arbitration-eligible for the second time this winter. Since he isn’t likely to earn much of a raise over his $1.225MM salary from 2020, it wouldn’t cost the Mets much to bring Gsellman back and hope for better health in 2021.
Latest Mets Ownership News
Billionaire Steve Cohen has been in exclusive negotiations to buy the Mets for two weeks now, and those talks may be nearing the endpoint. According to Charles Gasparino of FOX Business Network, Cohen is “finalizing” the details on his purchase of the team. Joel Sherman of the New York Post reported yesterday that “the complication of language, mainly for tax reasons” was the primary reason for “the slowness” in fully completing a sale agreement.
Though there don’t appear to be any obstacles standing in the way of Cohen becoming the Mets’ next owner, we have already seen his earlier attempt to buy the team fall apart back in February, so no assumptions should be made until a deal is officially announced. Until that time, the competing ownership group led by Alex Rodriguez and Jennifer Lopez (who were known to be less than pleased with the bidding process), haven’t yet abandoned hope that they could still end up as the Mets’ next owners. “It ain’t over until it is over….We feel we have the best bid for the sport, the team and the city,” Lopez told Sherman.
Lopez and Rodriguez shared some details about the vision for the team, including a player payroll in the $225MM range and the guarantee of a $100MM donation to various New York City charities if the Mets didn’t win a World Series within a decade of their taking ownership of the club. Lopez also revealed the intriguing news that she would act as the Mets’ control person (i.e. the member of the ownership group who officially represents a team in the eyes of Major League Baseball), rather than Rodriguez. Past documentation filed by the ownership group indicated that A-Rod would be the Mets’ control person, though given the amount of baggage and controversy attached to his name, having Lopez as the official owner of record would perhaps make their bid more palatable in the league’s eyes.
As Sherman puts it, “the Rodriguez/Lopez group is staying alive as, at minimum, a just-in-case alternative should current Mets ownership need to pivot” and is “trying to deliver a message to [Mets ownership], fans and major league owners that — eleventh hour or not — they believe they would be the superior caretakers of the franchise.” Whether this public appeal will have any impact is anyone’s guess, as the only potential hurdle for Cohen’s bid would be if he doesn’t receive the necessary 23 votes of approval from the league’s other owners. As Gasparino notes, however, league executives “say every indication is that Cohen gets approved.”
Cubs Claim Billy Hamilton
The Chicago Cubs claimed Billy Hamilton off waivers from the Mets today, per Jordan Bastian of MLB.com (via Twitter). The Cubs also added Ildemaro Vargas to the active roster and designated Matt Dermody for assignment. Bastian also reports that the Pedro Strop deal is official.
Hamilton, in the conversation for the fastest player in baseball, joins his third team of the 2020 season, though he was DFA’ed by the Giants before the start of the season. With the Mets, Hamilton appeared in 17 games, but saw just 25 plate appearances. He was unable to muster much at the dish, slashing .045/.083/.045 in that time. Hamilton did steal 3 bases in 4 attempts, which might be a better gauge of his success at this point in his career. He appeared 6 times as a pinch-runner for the Mets.
Hamilton could serve as a defensive option late in games for the Cubs in center, but his primary usage should be as a pinch-runner. The Cubs have Ian Happ playing most days in center with Albert Almora, Cameron Maybin, and Nico Hoerner used when Happ needs a day off or moves around the diamond. Any of those three might be used at times to run, but none have the speed of Hamilton. He’ll fill the role of a late-inning burner that’s been filled by Quintin Berry and Jarrod Dyson in the post, notes Mark Gonzales of the Chicago Tribune.
Dermody made just one appearance for the Cubs, pitching a scoreless ninth in yesterday’s loss to the Cardinals. The 30-year-old lefty was signed as a free agent early in August. He’ll now be exposed to waivers.
Vargas, 29, has been through a whirlwind 2020. After starting the season with the Diamondbacks, the Twins purchased his contract from Arizona, but then lost him to the Cubs on waivers about a month later. He didn’t see extended playing time with either team, slashing .190/.222/.263 across 45 plate appearances split between Arizona and Minnesota. The switch-hitter gives the Cubs another versatile bat for their bench.
Additionally, the Cubs added Duncan Robinson to their 60-man player pool and released catcher Jose Lobaton.They have one open spot in their player pool. Robinson, 26, is a big-bodied right-handed pitcher who spent four years at Dartmouth before being drafted by the Cubs in the 9th round of the 2016 draft. He has yet to pitch in the majors.
Mets Rotation Update
A month ago, the New York Mets made the bold move to transition two of their highest-volume relievers to the rotation. Robert Gsellman and Seth Lugo each came to the majors with expectations of starting, but after years of working effectively out of the bullpen, the Mets gambled by moving the pair back to the rotation mid-season. The experiment is over for Gsellman, writes MLB.com’s Anthony DiComo.
Gsellman’s longest outing was a 4-inning stint in which he allowed one run while striking out four and walking none. While the Mets eventually lost that game 2-1, it was the only game of the four Gsellman started that went that way. Still, short outings and an 8.68 ERA suggest Gsellman is better suited to returning to his usual role in the bullpen, where the Mets rank 11th as a team by ERA and 12th by FIP.
Besides, the Mets’ rotation is full again with ace Jacob deGrom followed by Rick Porcello, David Peterson, and Michael Wacha. The 25-year-old Peterson has been a pleasant surprise, going 4-1 with a 3.03 ERA/4.02 FIP. His emergence has been especially important considering the de-evolution and subsequent injured list stint for fellow southpaw Steven Matz. Matz slumped to a 0-4 mark with an unsightly 8.63 ERA/6.69 FIP before being placed on the injured list for shoulder bursitis.
The right-handed, non-deGrom, veteran division of the rotation – consisting of Porcello and Wacha – have produced subpar results by measure of ERA, but take a look at an ERA-indicator like FIP and you’ll find a much different story. Porcello boasts just a 1-4 record over 8 starts (39 innings) with a 5.54 ERA – but a 2.97 FIP. Wacha, similarly, has a horrid 7.20 ERA over 5 starts (20 innings) – but a much more respectable 4.40 FIP. Wacha in particular has shown an impressive 12.2 K/9, easily a career high, but he’s also surrendered 12.6 hits per nine innings, a mark that’s equally outside his career norms. A .429 BABIP against might be partially responsible for the discrepancy between FIP and ERA, giving the Mets cause to believe in their rotation over the season’s final three weeks.
Lugo will continue to hold down the fifth spot in the rotation. Long one of New York’s most reliable relievers, Lugo has continued to impress from the rotation. While no stranger to the rotation – Lugo made 31 starts from 2016 to 2018 – he worked exclusively out of the pen in 2019 for an identical 2.70 ERA/FIP across 61 appearances covering 80 innings. He’s been their most reliable bullpen arm in recent seasons, but having acquired Miguel Castro from the Orioles at the deadline and moving Gsellman back to the pen, the Mets are betting that they can afford to keep Lugo in the rotation for now. The 30-year-old has done an admirable job stretching himself to starter’s minutes, culminating in a 5-inning outing his last time out. In total, Lugo has a 1.54 ERA across 11 2/3 innings since moving to the rotation.
Minor MLB Transactions: 9/5/20
Wrapping up some minor moves from around the game…
- The Mets outrighted Hunter Strickland to their alternate training site, the team announced. Strickland was designated for assignment earlier this week and cleared waivers, then accepted the outright assignment. This is the second time the veteran hurler has been outrighted this season. After signing a minors contract with the Mets in June, Strickland has an 8.10 ERA over 3 1/3 innings with the team.
- In another Mets move, the Amazins released right-hander Pedro Payano, as per the MLB.com transactions page. Payano made his Major League debut in 2019, posting a 5.73 ERA over 22 innings for the Rangers before signing a minor league deal with the Mets over the offseason. The New York-born Payano, however, didn’t see any big league action for his hometown team in 2020. Payano is a veteran of eight seasons in the Rangers organization, posting a 3.68 ERA, 2.46 K/BB rate, and 8.2 K/9 over 686 1/3 minor league innings (starting 125 of 142 games).
- The Yankees released righty Adonis Rosa, the team announced. Rosa had been pitching at the Yankees’ alternate training site. Signing with the Yankees as a 19-year-old in 2013, Rosa has a 3.35 ERA, 3.79 K/BB rate, and 7.8 K/9 over 515 1/3 career minor league innings, starting 74 of his 114 career games in New York’s farm system. Rosa’s MLB resume consists of a single game, a two-inning appearance on August 13, 2019.
Mets Select Erasmo Ramirez
The Mets have selected right-hander Erasmo Ramirez‘s contract, Anthony DiComo of MLB.com tweets. The team opened 40-man space for Ramirez when it designated outfielder Billy Hamilton for assignment.
The 30-year-old Ramirez, whom the Mets signed to a minor league contract in June, could now be in line to appear in the majors for the ninth consecutive season. Going back to 2012, the former Ray, Mariner and Red Sox has recorded a passable 4.40 ERA/4.58 FIP with 6.98 K/9 and 2.56 BB/9 in 640 2/3 innings and 193 appearances (92 starts), but his stock has fallen over the past couple years. Ramirez struggled to a 6.50 ERA/6.69 FIP across 45 2/3 frames with Seattle in 2018 and only totaled three innings with Boston last season.
Now that he’s coming back to the majors, it’s unclear whether Ramirez will fill a starting or bullpen role for the Mets, whose rotation, despite impressive peripherals, owns the majors’ seventh-worst ERA (5.25). Only Jacob deGrom, David Peterson and Seth Lugo (who has made a pair of short starts since leaving the bullpen) have done well to prevent runs for the club’s starting staff this year. Rick Porcello, Michael Wacha, Robert Gsellman and the currently injured Steven Matz have had immense difficulty keeping runs off the board, on the other hand.
Mets Designate Billy Hamilton For Assignment
The Mets have designated outfielder Billy Hamilton for assignment, Anthony DiComo of MLB.com was among those to report.
New York acquired Hamilton from San Francisco just over a month ago, but the move failed to pay dividends for the Mets. The soon-to-be 30-year-old Hamilton wound up going 1-for-22 as a Met before they designated him, and his stint with the team may have ended Thursday when he came in as a pinch runner in the bottom of the ninth against the Yankees and was thrown out trying to steal third with no outs. Fortunately for the Mets, J.D. Davis then homered to tie the game, and they went on to defeat the Yankees in extra innings.
Base-running mistakes weren’t what the Mets bargained for when they landed Hamilton, who has more than held his own on the base paths since debuting with the Reds in 2013. The speedy Hamilton has 302 steals on 382 attempts on his resume, and he has also provided excellent defense in center field with 75 DRS and a 55.8 UZR. But an inability to contribute passable numbers with the bat has held back the switch-hitting Hamilton, owner of a .241/.295/.324 line with 21 home runs in 3,114 plate appearances.