Yesterday at the end of his Ira Sohn presentation (after telling Steve Ballmer to do the right thing and quit Microsoft), David Einhorn added “Go Mets!” with little grin on his face, like he had a secret…which apparently was that he just bought a minority stake in the team.

The New York Mets have agreed to sell less than 49 percent of the club for approximately $200 million to David Einhorn, president of Greenlight Capital Inc., sources close to the deal tell ESPN’s Karl Ravech. The sale will not include a stake in SNY, the television network owned by the Mets, the sources said.

This kid is probably pretty pleased with the news:

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Comments (41)

  1. Posted by Put_Option | May 26, 2011 at 1:23 PM

    If the Mets were publicly traded, I’d short them in a heartbeat  

  2. Posted by Guest | May 26, 2011 at 1:25 PM

    great story.

  3. Posted by Guest | May 26, 2011 at 1:27 PM

    NBD. Did Einy get a Vanity Fair write up, huh, huh, huh?

  4. Posted by Guest | May 26, 2011 at 1:30 PM

    You forgot to sign that “SC”

  5. Posted by Nosmo King | May 26, 2011 at 1:34 PM

    Looks like he’s had that bad toupee since he was 7.

  6. Posted by Guest | May 26, 2011 at 1:44 PM

    He’s too cute.

  7. Posted by Guest | May 26, 2011 at 1:45 PM

    awwww.

    -jaded banker whose heart was melted by that pic

  8. Posted by Guest | May 26, 2011 at 1:48 PM

    settle down, Stevie. you’re going to start a new league.

  9. Posted by Guess | May 26, 2011 at 2:03 PM

    only a matter of time until the wilponzis are done, and met fans can wake up from the nightmare

  10. Posted by Guest | May 26, 2011 at 2:08 PM

    Will Mr. Met be replaced by a mascot that looks like the Green Lantern?

  11. Posted by The Wilpon | May 26, 2011 at 2:15 PM

    The Mets? 

    Good luck. 

  12. Posted by ExtraOrdinaryPopularDelusions | May 26, 2011 at 2:15 PM

    Him? That can’t be David Einhorn. I’m *prettier* than this man!

    -Ackman

  13. Posted by guest | May 26, 2011 at 2:19 PM

    if einhorn thinks 49% of the mets is worth $200mil i got some swamp land in fl for him to look at.

    -bruce berkowitz

  14. Posted by Brian1284 | May 26, 2011 at 2:20 PM

    You can still take action on them, they do play 162 games a year.  Its called sports betting.

  15. Posted by Anal_ist | May 26, 2011 at 2:21 PM

    Must be nice……………..

  16. Posted by Anonymous | May 26, 2011 at 2:21 PM

    Hi. I’ve missed you. xoxo

  17. Posted by Seaman Bodine | May 26, 2011 at 2:22 PM

    like everyone else that thinks baseball is a sport, einhorn is a bitch

  18. Posted by VonSloneker | May 26, 2011 at 2:25 PM

    So the Wilponzis sold him the coal not the diamond inside.  SNY over the team any day.  It truly must be about the love of the game.  For that….respect

    - Guy who wishes he could afford a Lingere Football League franchise, “for the love of the game”

  19. Posted by Becky Quick | May 26, 2011 at 2:29 PM

    Nice lazy eye, weirdo.

    -Becky Quick

  20. Posted by Guess | May 26, 2011 at 2:30 PM

    yes. einhorn should be more like seaman bodine

  21. Posted by Cartman | May 26, 2011 at 2:33 PM

    The CBAA?

  22. Posted by Guest | May 26, 2011 at 2:36 PM

    MA Pottery > Mets > Wisconsin

  23. Posted by Anonymous | May 26, 2011 at 2:39 PM

    Lets hope his skills as a team owner are better than his coloring skills. C’mon kid, you call this art?

  24. Posted by Pedobear! | May 26, 2011 at 2:43 PM

    Pedobear approves!

  25. Posted by Guess | May 26, 2011 at 2:47 PM

    anyone would have better “luck” than the wilpons. ANYONE.

  26. Posted by Guest | May 26, 2011 at 2:48 PM

    You wish.

  27. Posted by Guess | May 26, 2011 at 2:50 PM

    you’re right. the wilpons are doing just fine. what was i thinking?

  28. Posted by Honey Badger | May 26, 2011 at 2:54 PM

    That’s AMAZIN!

  29. Posted by Texashedge | May 26, 2011 at 3:22 PM

     You would short them at a $400 million valuation?

  30. Posted by Guesticles | May 26, 2011 at 3:51 PM

    You would think

    - J. Dolan

  31. Posted by AmericanBandersnatch | May 26, 2011 at 4:02 PM

    Until Einhorn demands that the SNY contracts be arm’s length.   Then the equation changes.

  32. Posted by Fred goin' of the reservation | May 26, 2011 at 4:06 PM

    I’m getting some hookers, a big pile of coke, and going on the sick-ass bender I’ve always dreamed about. 200 mil oughtta cover it. That Madoff lawyer can suck my balls if he thinks he’s seeing any of this dough.

  33. Posted by ExtraOrdinaryPopularDelusions | May 26, 2011 at 4:59 PM

    I’ve missed you, too. Work has been busting my nuts the past few weeks.

  34. Posted by Andre | May 26, 2011 at 6:01 PM

    Somebody get me a f*cking analyst in my office!  NOW!  Whatever David over here drew up cannot go to the client / his mom!

  35. Posted by Guest | May 26, 2011 at 6:41 PM

    When did we hire you?
    -DoubleLine HR

  36. Posted by VonSloneker | May 26, 2011 at 8:14 PM

    The obvious answer would be short the Rangers at $500 million or Astros at $680 million, but both of those include TV.  So yeah I’d short the Mets stake bleeding $30 mil a year as the lesser team in a two team city.

    Disclosure – This guy is also short the LA Clippers, the Cubs, Manchester City and the Jets

  37. Posted by Guest | May 27, 2011 at 4:07 AM

    kill yourself already.

  38. Posted by Penguin | May 29, 2011 at 9:20 PM

    The older Einhorn is irresistable. Does he have any sons in the 16+ – 20s-30s range?

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