David Einhorn Becomes Mets New Minority Owner


The Wilpons have successfully pawned off part of the New York Mets franchise. David Einhorn, the president of private investment firm Greenlight Capital, Inc., agreed to purchase a minority share of the team for $200 million. Ever since the Wilpons made it public that–due to the $1 billion lawsuit against their supposed involvement in the Bernie Madoff Ponzi scheme–they were looking to receive financial help, there have been many prospective groups coming forth with interest. Luckily for Mets fans, Einhorn is actually a Mets fan.

Upon the news becoming official, Einhorn stated, “Having an opportunity to become part of the Mets franchise is exciting beyond my wildest childhood dreams. I spent my first seven years living in New Jersey and rooting for the Mets. [...] I look forward to partnering with the Wilpon and Katz families through the good seasons, the tough seasons and especially the championship seasons.” It should also be mentioned that Einhorn dressed up as Dave Kingman for Halloween when he was a kid. Pretty cool.

The addition of Einhorn could change the Mets approach in regards to dealing with Jose Reyes. However, if the lawsuit against the Wilpons continues, it’s fair to assume Reyes will be dealt regardless of the new $200 million investment. At this point, fans have to hope the Wilpons decision to sell-off a portion of the team will eventually make them comfortable with the idea of selling-off the rest of it to more financially-stable owners.

Tags: Ben Berkon Bernie Madoff David Einhorn Einhorn Einhorn Buys Mets Einhorn Mets Einhorn Minority Owner Fred Wilpon Jose Reyes Mets New York New York Mets Ponzi Scheme Reyes Rising Apple Wilpon