Mets morning briefing 5.29.11

For the second straight game, the Mets took a lead into the eighth inning and could not hold on, this time wasting a stellar outing from Mike Pelfrey in a 5-2 loss to the Phillies. Incoming minority owner David Einhorn met Terry Collins, then watched the game.

Sunday's news reports:

• Post columnist Kevin Kernan also spoke with Einhorn as he left Citi Field. Writes Kernan:

I asked the club's new prospective minority owner the $200 million question. "Will you re-sign Jose Reyes?" Einhorn let out a chuckle and said, "Today's not the time for that."

Read news stories on Einhorn's visit in the Post, Newsday, Times, Daily News and Star-Ledger.

The Times and Wall Street Journal both echoed the original report by ESPNNewYork.com about the terms of Einhorn's impending purchase. He is buying 33 percent of the team for $200 million and will have the option of increasing the percentage to 60 percent in three years. Fred Wilpon and family can block Einhorn from becoming majority owner at that point by returning his $200 million. A source originally said Einhorn would retain his 33 percent ownership in the team if the Wilpons return his principal investment. The source a day later said in that scenario Einhorn's share would be reduced to one-sixth. That's the plan the Daily News laid out when it weighed in 24 hours later. Read further reporting in Newsday.

• Newsday profiles Einhorn. Joe Napolitano and Penn grad Randi F. Marshall write:

Those who know David Einhorn say he is both friendly and disarming, but you wouldn't want to be across a poker table from him. "You think of hedge fund guys as being full of themselves and he's not," said David Golub, vice chairman of Golub Capital, who sits on a charity board with Einhorn. "He's a brilliant investor, but if you were having a conversation with him, he comes across as funny, self-effacing and modest. That's who he is."Pelfrey's pitch count was at 116 when he was pulled with two out in the eighth and things unraveled. Read game stories from Saturday's 5-2 loss in Newsday, the Post, Record, Daily News and Star-Ledger.

Steve Popper of the Record chastises Wilpon. Writes Popper:

While the start to this season was frustrating, blaming three key pieces is just silly. Each one of the players has had seasons that make them, well, superstars. You don’t think so? Maybe it can be argued. But tell me, who gave more to the organization? I don’t mean the 25 players who suit up, but the managers, the general managers and mostly, the owners. The Mets are a lot better served with Wright or Reyes or Beltran serving as the face of the organization than the face Wilpon has put on the franchise.

• Post columnist George Willis writes about Pelfrey:

Standing at his locker room minutes after the defeat, Pelfrey had his head up, preaching about how the Mets are not about to give up on each other during this difficult stretch. It may have been his most noble effort of the night. "In years past, I felt it got to the point where losing became acceptable. It wasn't a big deal," said Pelfrey, who is in his sixth year with the Mets. "But I think we've got a good group of guys here, and I think it starts with [manager] Terry Collins and [GM] Sandy Alderson and the changes they made and the people they brought in here. There's a real will and real desire to win. Guys care. You have no problem coming to the park every day and battling with guys like that when you know how they feel about it. We understand it doesn't always work out. But we're going to give it everything we have."

• A bullpen session Sunday will help determine whether R.A. Dickey can make Tuesday's start against the Pirates, or the Mets summon Chris Schwinden from Triple-A, but Dickey spoke with optimism that he could make his start. The Mets did not put Dickey on the disabled list, but Collins expressed concern about whether Dickey had the mobility to actually cover first base. Read more in the Times, Daily News and Newsday.

Christian Red features man-of-many-hats Bobby Valentine in the Daily News.

• Daily News columnist John Harper suggests Wilpon may be correct that Jose Reyes won't get Carl Crawford money. (Wilpon still should not have said it.) Writes Harper:

In looking for an answer I solicited the opinions of six major league executives, and their consensus is that while Reyes has as much value as Crawford, maybe even more, he almost surely won't cash in to that extreme - seven years, $142 million. They cite two factors as the likely difference: one is Reyes' history of leg injuries, which is expected to limit the length of the deal to fewer than seven years. The other is the improbability of a recurrence of the circumstances that put Crawford in such demand for a deep-pocketed franchise such as the Red Sox. "It was the perfect storm for Crawford," one general manager said. "Washington threw crazy money at [Jayson] Werth because they were desperate to make a splash, and that set the market. And then the Red Sox were in attack mode to close the gap on the Yankees after a year when they didn't make the playoffs."

BIRTHDAYS: Ex-Mets pitcher Dyar Miller turns 65 and former reliever Toby Borland turns 42. Miller ended a seven-year career with two seasons with the Mets, finishing up in 1981. He had a 1.93 ERA in 42 innings for the 1980 team. Expectations were higher for Borland, a formerly effective middle reliever for the Phillies, who had a 6.08 ERA in 13 relief outings in 1997. -Mark Simon