Connor Grossman and Kerry Crowley return and try to make sense about why a conversation about the San Francisco Giants now has to be a conversation about private equity.

The guys unpack why the Giants are reportedly shying away from big deals, how deferred money and managerial payouts factor in, and what role the team’s new private equity partners may (or may not) be playing behind the scenes. Plus, listener reactions to Kerry’s Hunter Greene trade idea, and whether a win-now roster can actually afford to wait.

On today’s postcard:
— Kerry defends his Bryce Eldridge trade idea (3:40)
— Why the Giants don't plan to spend big, according to Andrew Baggarly's latest story (7:24)
— Rolling back the memories as Connor clears out his bobblehead collection (28:08)

Subscribe to Connor’s newsletter at giantspostcards.com, catch Kerry on KNBR and in Section 415 at the SF Standard, and leave a rating or review—the guys will read them on air.