• 01 Sep 2011 at 10:48 AM

The Next Time David Einhorn Wants To Buy A MLB Team He’ll Be Sure To Deal With Adults

By

The Mets deal is off.

Einhorn: “I am disappointed to announce that I will not be purchasing an ownership interest in the New York Mets baseball team at this time. It is clear that it will not be possible for me to consummate the transaction on the terms that the Sterling-Mets organization and I originally agreed to several months ago. The extensive nature of changes that were proposed to me at the last minute has made a successful transaction impossible. I want to thank the entire Mets organization and Major League Baseball for their efforts. This experience will always be a happy memory for me because of the Mets’ fans. A good number of you have reached out to offer me encouragement. I will always be touched by the warmth that you showed me.”

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Comments (48)

  1. 1
    Posted by that guy | September 1, 2011 at 11:08 AM

    42 Year Old David Einhorn Makes 7 Year Old David Einhorn Very un-Happy

  2. 2
    Posted by Dark Star | September 1, 2011 at 11:08 AM

    If the pitching staff had curveballs and changeups as good as its sleazy owners', the team would be doing a lot better.

  3. 3
    Posted by VonSloneker | September 1, 2011 at 11:10 AM

    Jesus…what was I thinking. Dumbest investment you can make short of restaurants and racehorces and I almost pulled the trigger. Whew

    -52 Year Old David Einhorn

  4. 4
    Posted by Alpha_Bets | September 1, 2011 at 11:12 AM

    I wouldn't feel bad about not being able to "consummate the transaction." From what I hear, the Mets are just not that good.

  5. 5
    Posted by guess | September 1, 2011 at 11:21 AM

    please god, let picard claw back 1 billion from the wilpons and end this nightmare. thanks.

  6. 6
    Posted by Backdoor_Bess | September 1, 2011 at 11:27 AM

    Wasting time trying to buy a shit baseball franchise based on your childhood fantasy while your hedge fund performance is in the shitter is the NKI

  7. 7
    Posted by Zero Greggums | September 1, 2011 at 11:41 AM

    The METS suck.

  8. 8
    Posted by BofA Quant | September 1, 2011 at 11:41 AM

    Hey! The Mets are 32-0 in games where they score more runs than their opponents.

  9. 9
    Posted by Eggplant Parm | September 1, 2011 at 11:43 AM

    NY,

    Thanks for the memories.

    - Jose Reyes

  10. 10
    Posted by Guest | September 1, 2011 at 11:46 AM

    What a strange tenor. Consummate? Touched by warmth? Dude needs to get laid. Seriously.

  11. 11
    Posted by The Market | September 1, 2011 at 12:00 PM

    He gets fucked everyday…

  12. 12
    Posted by Seaman Bodine | September 1, 2011 at 12:11 PM

    baseball is douchey and einhorn is a posterchild for vagisil – what's not to love about this deal?

  13. 13
    Posted by PermaGuestII | September 1, 2011 at 12:13 PM

    Things to rent, not buy…

  14. 14
    Posted by Texashedge | September 1, 2011 at 12:14 PM

    I think buying 49% of the Mets for $200 MM is a lot smarter than buying the Astros for $680 MM

  15. 15
    Posted by Snoring | September 1, 2011 at 12:17 PM

    No,

    Focusing on the last 3 months of an absolutely stellar 15 year (as in YEARS as in 180 FUCKING MONTHS) career is the NKI. Go turn $1m AUM into $8+ Billion.

    -Pissed off, diehard Met fan

  16. 16
    Posted by Guest | September 1, 2011 at 12:21 PM

    The Mets are the UBS of baseball

  17. 17
    Posted by VonSloneker | September 1, 2011 at 12:30 PM

    Personally I'd prefer having a luxury suite a few years from now when one of the two is actually worth watching to owning the team (at a fraction of the price) in either case. But then, I can't write a $200MM check…

    However, the Mets deal purposefully excludes franchise's crown jewel while it is the cornerstone of the Stros deal…television.

    Point is, they're both stupid deals (unless you LOVE baseball) and a lower degree of stupidity is still stupid…

    -Killer B

  18. 18
    Posted by Texashedge | September 1, 2011 at 12:36 PM

    If it floats, flies, or fucks…

  19. 19
    Posted by ubsmd | September 1, 2011 at 12:40 PM

    i stopped reading after Personally.

  20. 20
    Posted by Guest | September 1, 2011 at 12:43 PM

    What are the Pirates then? Piper Jaffray?

  21. 21
    Posted by PermaGuestII | September 1, 2011 at 12:51 PM

    Jeffries

  22. 22
    Posted by #REFeree | September 1, 2011 at 1:00 PM

    Harris Williams?

  23. 23
    Posted by Backdoor_Bess | September 1, 2011 at 1:05 PM

    try taking Einhorn's cock out of your mouth for a few minutes and concentrate on what he's done for you lately…….

  24. 24
    Posted by StrosGloryDaysWanter | September 1, 2011 at 1:17 PM

    Derrick Bell?

  25. 25
    Posted by Guest | September 1, 2011 at 1:20 PM

    42 Year Old David Einhorn Makes 43 Year Old David Einhorn Very Happy

  26. 26
    Posted by Guest CFA | September 1, 2011 at 1:35 PM

    You have confused the proper use of the word 'understanding' with 'reading'. Again.

  27. 27
    Posted by Guest CFA | September 1, 2011 at 1:41 PM

    42.5 Year Old David Einhorn Makes 42.83333333333 Year Old David Einhorn Very Happy

  28. 28
    Posted by Guest CFA | September 1, 2011 at 1:43 PM

    I f'd that up. My bad. No more comments from me for the rest of the day.

    42.833333333333 Year Old David Einhorn Makes 42.5 Year Old David Einhorn Very un-Happy

  29. 29
    Posted by VonSloneker | September 1, 2011 at 1:53 PM

    TADD;DNR

    Matt is rubbing off on me :)

    Just read the last line then

    -Clifford Notes

  30. 30
    Posted by badbeat | September 1, 2011 at 2:10 PM

    MMM…but it tastes so good!

    Patty "Millionaire Matchmaker"

  31. 31
    Posted by BAMLsucks | September 1, 2011 at 2:11 PM

    BAML

  32. 32
    Posted by C.S. | September 1, 2011 at 2:22 PM

    garble garble garble….. garble garble garble….. garble garble garble….. garble garble garble….. garble garble garble….. garble garble garble….. garble garble garble….. garble garble garble…..

    ok, what was that now?

  33. 33
    Posted by Don | September 1, 2011 at 2:32 PM

    more like 20 months of blah

  34. 34
    Posted by minus 1 | September 1, 2011 at 2:36 PM

    Step 1:trade Carlos Beltran
    Step 2: piss off the one serious investor you had
    Step 3: ?????
    Step 4: profit and pennants

  35. 35
    Posted by IamDanLoeb | September 1, 2011 at 2:44 PM

    even if they weren't so great .

  36. 36
    Posted by PermaGuestII | September 1, 2011 at 2:52 PM

    No, they're the Oriels.

    -buyside guy

  37. 37
    Posted by Guest | September 1, 2011 at 3:27 PM

    Nice.

  38. 38
    Posted by Ponzi-rific | September 1, 2011 at 4:19 PM

    2 groups of "investors" with Madoff. Those that knew or thought he was doing something illegal and benefiting from the second group. The second group were trusting the first group as they contributed to the Ponzi-rific scheme. Which group were the Wilpons and the dead dude in Flo-rida? Other than that I have no concerns.

  39. 39
    Posted by EuseBEEio | September 1, 2011 at 4:49 PM

    Bell, Bagwell, Biggio, Berkman, Backe, Burke and, briefly, Beltran

  40. 40
    Posted by suckmesideways | September 1, 2011 at 4:56 PM

    step 3: rename team "yankees"

  41. 41
    Posted by Guest | September 1, 2011 at 6:20 PM

    "There is nothing quite so limited as being a limited partner of George Steinbrenner's"

    -John McMullen

  42. 42
    Posted by Texashedge | September 1, 2011 at 6:27 PM

    And from recent times: Burke, Blum, Bourn, Bourgeois, Barmes (just kill me now)

  43. 43
    Posted by Chaz | September 1, 2011 at 7:14 PM

    Einhorn=jock sniffer

  44. 44
    Posted by Jack | September 1, 2011 at 10:19 PM

    Sounds like David Einhorn's wallet is making Bess all tingly in her front pants place.

  45. 45
    Posted by guestapo | September 1, 2011 at 10:24 PM

    sounds like you're a massive tool.

  46. 46
    Posted by guest | September 1, 2011 at 10:25 PM

    "front pants place"? kill yourself.

  47. 47
    Posted by FinneganKristiansen | September 2, 2011 at 12:26 AM

    Mets, Cookiepuss, Moneystore, Magee Hickey,Crazy Eddie, ApexTech=priceless

  48. 48
    Posted by oem software | May 1, 2012 at 8:23 PM

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