EXPLAINER: How Correa lost Giants deal, ended up with Mets
SAN FRANCISCO — (AP) — Fans of the San Francisco Giants spent a week reveling in the good news: Carlos Correa was coming to the Bay Area, lured by a megadeal worth $350 million over 13 years. And then, just like that, the two-time All-Star was gone, poached by the New York Mets and deep-pocketed owner Steven Cohen. San Francisco woke up Tuesday morning expecting the Giants to introduce the 28-year-old in black and orange. San Francisco went 81-81 last season to miss the playoffs a year after a franchise-record 107 wins and an NL West title. Correa would cost the Mets $49.88 million next year in salary and tax, if there is no deferred money in the deal.wftv.com
Mets, minor leaguers plan meeting to discuss pay, conditions
It pointed to seven proposed changes suggested by Mets minor leaguers:— Pay weekly salaries year-round, without periods of free work. MLB reached a settlement last month in a lawsuit alleging teams violated minimum wage laws for minor leaguers. MLB raised minor league salaries in 2021, with full-season minor leaguers earning between $12,000 and $16,800 per season. “We applaud the Mets for their willingness to meet with Mets minor leaguers and our staff to discuss improving minor league pay and working conditions," said Harry Marino, executive director of Advocates for Minor Leaguers. “The exploitation of minor leaguers is an industry dynamic that far predates Mr. Cohen’s purchase of the team.wftv.com
Mets, minor leaguers plan meeting to discuss pay, conditions
Leaders from the New York Mets recently held what’s believed to be an unprecedented meeting with the nonprofit group Advocates for Minor Leaguers to discuss pay and working conditions in the minors, and another meeting is planned soon that will include players from the team’s farm system.
Scherzer, Seager get big-money deals ahead of CBA expiration
Right-hander Max Scherzer agreed to a record-setting $130 million, three-year contract with the New York Mets and shortstop Corey Seager struck a $325 million, 10-year deal with the Texas Rangers as players and teams rushed to reach agreements before an expected lockout.
Cohen criticizes 'unproductive' Mets hitters amid slump
Mets Giants Baseball New York Mets' Kevin Pillar (11) talks with home plate umpire Jeremie Rehak (35) after striking out against the San Francisco Giants during the seventh inning of a baseball game Tuesday, Aug. 17, 2021, in San Francisco. (AP Photo/Tony Avelar) (Tony Avelar)NEW YORK — (AP) — New Mets owner Steven Cohen criticized his team following its season-worst fifth straight loss, showing a side much like that of late Yankees owner George Steinbrenner. “It’s hard to understand how professional hitters can be this unproductive,” Cohen tweeted Wednesday, a day after a 3-2 loss at San Francisco. The Mets have lost 12 of their past 16 games and 14 of their past 19, falling to 59-60. They started Wednesday third in the NL East, 4 1/2 games behind Atlanta and two games back of Philadelphia.wftv.com
Mets, under new owner Cohen, to celebrate Bobby Bonilla Day
NEW YORK — (AP) — The New York Mets under new owner Steven Cohen are embracing Bobby Bonilla Day, an annual remembrance of a famously unsuccessful contract. The promotion includes throwing out the ceremonial first pitch before the Mets play Atlanta on July 28. “It’s Bobby Bonilla Day — and for the first time, the New York Mets are inviting fans to take part in the July 1st excitement,” the team announced Thursday. "Today, Bobby is back to work, this time as the host of a stay at Citi Field like never before, available on Airbnb. Bobby and the Mets are inviting four lucky Mets fans to experience a night at the ballpark that will leave them with that bottom of the ninth, walk-off home run feeling.wftv.com
AP source: Taijuan Walker, Mets strike $20M, 2-year deal
FILE - Seattle Mariners starting pitcher Taijuan Walker (99) throws to the Texas Rangers in the first inning of a baseball game in Arlington, Texas, in this Wednesday, Aug. 12, 2020, file photo. The Mets made a late addition to their starting rotation, agreeing to a $20 million, two-year contract with right-hander Taijuan Walker, a person familiar with the negotiations said. (AP Photo/Tony Gutierrez, File)NEW YORK – The Mets made a late addition to their starting rotation, agreeing to a $20 million, two-year contract with right-hander Taijuan Walker. Mets manager Luis Rojas cautioned the deal was not yet final but already was viewing the addition as a boost. The Mets have won just two World Series titles, in 1969 and 1986, and last won a pennant in 2015.
EXPLAINER: After acquittal, Trump 2024? Maybe not so fast
Together the two impeachment trials Trump faced illustrated his ability to escape consequences for actions that even many Republicans denounced. If Trump chooses to run for the White House in 2024, opponents are likely to call on a constitutional provision adopted after the Civil War to try to stop him. Ratified in 1868, the language in Section 3 of the amendment was aimed at former Confederate civilian and military leaders. The section doesn't explicitly mention the presidency, but Magliocca is among legal scholars who believe Trump could be barred. It was updated on Feb. 19, 2021, to correct the name of the law professor to Gerard Magliocca, not Gerald Magliocca.
Mets' Rojas condemns behavior of fired hitting coordinator
FILE - In this Jan. 24, 2020, file photo, New York Mets new manager Luis Rojas speaks during a baseball news conference after his introduction in New York. Mets manager Luis Rojas condemned the behavior of former New York hitting performance coordinator Ryan Ellis on Wednesday, Feb. 17, 2021 but said he never witnessed his longtime coworker act inappropriately after Ellis was fired recently for sexually harassment. (AP Photo/Bebeto Matthews, File)Mets manager Luis Rojas condemned the behavior of former New York hitting performance coordinator Ryan Ellis on Wednesday but said he never witnessed his longtime coworker act inappropriately after Ellis was fired recently for sexual harassment. “My relationship with Ryan, knowing him for years here in the Mets organization, has been strictly baseball,” Rojas said. Major League Baseball has adopted a similar hotline for league and team employees that is also available to non-league employees, such as journalists.
Mets fire Porter after 38 days for explicit texts in 2016
This screen grab from a Zoom call shows New York Mets general manager Jared Porter Monday, Dec. 14, 2020. Mets general manager Jared Porter sent graphic, uninvited text messages and images to a female reporter in 2016 when he was working for the Chicago Cubs in their front office, ESPN reported Monday night, Jan. 18, 2021. (Zoom via AP, File)NEW YORK – Jared Porter lasted just 38 days as New York Mets general manager, fired for cause Tuesday about nine hours after ESPN reported he sent sexually explicit, uninvited text messages and images to a female reporter in 2016 while he was working for the Chicago Cubs. ESPN said the woman Porter sent the texts to was a foreign correspondent who had moved to the United States to cover MLB. The woman ignored more than 60 messages from Porter before he sent the most vulgar photo, according to ESPN.
Mets fire general manager Jared Porter over explicit texts reportedly sent to female reporter
The New York Mets have fired general manager Jared Porter after he reportedly admitted to sending lewd text messages to a female reporter, owner Steve Cohen announced Monday. Porter sent dozens of texts to the woman, concluding with a picture of "an erect, naked penis," according to the report. This screen grab from a Zoom call shows new New York Mets general manager Jared Porter Monday, Dec. 14, 2020. She told ESPN that was the only time they ever spoke. She said the Cubs employee told her Porter wanted to apologize in person, but she didn't want to see him.cbsnews.com
Francisco Lindor all smiles after trade from Indians to Mets
In this screen grab taken from video, Major League baseball player Francisco Lindor answers questions during a virtual press conference introducing him as the New York Mets new shortstop, Monday, Jan. 11, 2021, in New York. (New York Mets via AP)NEW YORK – Francisco Lindor smiled widely for a full 40 minutes, enthralled to join a New York Mets team bulking up under new owner Steven Cohen. I’m not against it,” Lindor said in a news conference from Florida, wearing his new team’s royal blue cap. But the Indians did not think they could afford a multiyear contract with the 27-year-old, so they chose to make the trade. If Lindor agrees to a long-term deal, it likely would become the largest in Mets' history, surpassing the $138 million, eight-year agreement of captain David Wright that covered 2013-20.
Mega deal: Indians trade star Lindor, Carrasco to Mets
The Cleveland Indians have agreed to trade four-time All-Star shortstop Francisco Lindor and pitcher Carlos Carrasco to the New York Mets, a person with direct knowledge of the deal told the Associated Press on Thursday, Jan. 7, 2021. The cash-strapped Indians sent Lindor and Carrasco to the Mets on Thursday for young infielders Andrés Giménez and Amed Rosario, and two minor league prospects: right-hander Josh Wolf and outfielder Isaiah Greene. "They did not come cheaply,” Mets president Sandy Alderson said of Lindor and Carrasco. One of his next big-ticket items figures to be trying to sign Lindor to a long-term contract, something the Indians couldn't do. New York also signed injured right-hander Noah Syndergaard to a $9.7 million, one-year deal, avoiding arbitration.
AP Exclusive: MLB payrolls drop nearly $2.5B in pandemic
Roberts isn't sure Turner or former All-Star pitcher David Price will play with the Los Angeles Dodgers in 2021. The total had not been that low of the top spender since the New York Yankees in 2000 at $95.3 million. AL champion Tampa Bay was 28th at $29.4 million, ahead of only Pittsburgh ($24.1 million) and Baltimore ($23.5 million). Philadelphia was just under the tax threshold at $207.3 million and the Dodgers at $204.6 million. Boston dropped to $184.9 million after paying a Red Sox record $13.4 million luxury tax in 2019, when the team failed make the playoffs.
Stroman, Gausman take $18.9M; Springer, LeMahieu reject
Gausman and Mets pitcher Marcus Stroman accepted $18.9 million qualifying offers Wednesday, Nov. 11, receiving one-year deals to stay with their teams rather than test what they could get in free agency. Qualifying offers began after the 2012 season, and only 10 of 96 offers have been accepted. Stroman was acquired by the Mets from Toronto in July 2019 for left-hander Anthony Kay and minor league right-hander Simeon Woods Richardson. Gausman has a 50-66 record and 4.26 ERA in nine seasons with Baltimore, Atlanta and San Francisco. Tomlin gets a $1 million salary next season, and the deal includes a $1.25 million club option with a $250,000 buyout.
Cohen promises splashes of cash for Mets -- within reason
This photo from a Zoom press conference provided by the New York Mets shows New York Mets owner Steve Cohen, Tuesday, Nov. 10, 2020. (New York Mets via AP)NEW YORK – Steven Cohen promises splashes of cash Mets fans expect from his billions — within reason. “So I’m going to let the professionals, Sandy and the people we bring in, let them run baseball." Alderson met Cohen last December through Andrew B. Cohen, who is not related to the new Mets owner but manages Cohen Private Ventures on Steven Cohen's behalf. “What I told Luis was that it’s very likely he will be managing the Mets,” Alderson said.
Hedge fund titans Simons, Griffin, Cohen and Tepper earned $1 billion in 2019 before virus outbreak
Renaissance Technologies's James Simons, Citadel's Ken Griffin, Points72's Steven Cohen and Appaloosa Management's David Tepper were among the biggest hedge fund earners in 2019 with each man raking in over $1 billion, according to Institutional Investor's Rich List. 1 on the list was Christopher Hohn of TCI Fund Management, who earned in $1.8 billion last year, according to Institutional Investor. As a result of a banner year, the 25 highest-earning hedge fund managers made a combined $20.2 billion in 2019, the most since 2013. It's likely that a significant portion of the managers' 2019 income was erased throughout the market collapse. For example, Bridgewater's Dalio told CNBC last week that his hedge fund was down 10% to 20%.cnbc.com
Mortgage rates jump back up to January high, as coronavirus fears put chill on spring housing market
After falling to a record low just two weeks ago, mortgage rates are surging higher again. This as real estate agents try to deal with a new normal in what was supposed to be a busy spring housing market. The jump in rates comes just as real estate agents in some parts of the country cancel open houses scheduled for this weekend. As with everything in real estate, reaction is local, with some markets not seeing as much of an effect. "Aversion to congregating at open houses and worry that asset devaluation, equity devaluation will bring the overall economy down, including the value of real estate."cnbc.com