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The boss of a Peloton rival threw his hat in the ring to lead the struggling exercise bike maker after the company’s current chief stepped down Thursday.

Lou Lentine, who founded and heads privately held Echelon, claimed he could do a better job of rescuing Peloton than exiting CEO Barry McCarthy, a former Netflix and Spotify executive hired in 2022.

Peloton needs someone who knows the industry, Lentine told The Post. Im running the same company but smaller and we are doing the same things every day but better with fewer employees and less debt.

However, Lentine is not holding his breath that Peloton’s board will take his offer seriously. The rivals settled a years-long legal battle over patents in 2022. At the time, McCarthy turned down Lentine’s proposal to merge the two companies.

“There was a discussion in New York and he politely declined additional discussion,” Lentine told The Post.

Even if the Peloton board came calling this time, Lentine said he would not walk away from Echelon. Instead, the Chattanooga, Tenn. companys largest investor said he would make Echelon products available under the Peloton banner. 

Peloton did not immediately respond for comment about Lentine’s desire to lead the company or past discussions about a possible merger.

Peloton, which controls roughly 75% of the connected fitness industry, has been slow to recover from its pandemic heights — when locked-down fitness buffs were put on waiting lists for the company’s pricey stationary bikes.

McCarthy’s departure was announced along with the company saying it will slash 400 jobs as its once-soaring stock price continued to crater. Shares have plunged 46% this year, closing at $3.14 on Thursday — continuing a downhill trajectory after peaking at $167 in December 2020.

They are hurting the industry so badly with their constant negative news, Lentine griped.

McCarthy was tapped to replace Peloton founder John Foley, who made a number of high-profile blunders, including an ill-fated expansion plan during the pandemic.

The brash executive also alienated customers, investors and employees alike when the companys bikes were recalled for safety reasons and a toddler was killed and Foley claimed that accidents were the result of customers not following manufacturers guidelines. 

Peloton also has a history of attacking competitors, including SoulCycle,  iFIT and Lululemon, with Foley allegedly calling the strategy a winner-take-all approach, according to court filings.

Echelon had accused Peloton of violating antitrust laws with its pattern of squashing competitors.

Details of their 2022 settlement were not made public.

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Entertainment

Bruce Springsteen cancels shows over ‘vocal issues’

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Bruce Springsteen cancels shows over 'vocal issues'

Bruce Springsteen has cancelled a series of dates due to “vocal issues”, days after performing in what he described as “hellacious” weather in Sunderland.

The US star, 74, postponed shows in Marseille, Prague and Milan over the next fortnight, with his European tour set to resume in Madrid on 12 June.

In an Instagram post on Sunday, he said he was “recuperating comfortably” and he and the E Street Band “look forward to resuming their hugely successful European stadium tour”.

With “further examination” and “consulting”, the statement also said, doctors determined Bruce “should not perform for the next 10 days”.

Springsteen had played at Sunderland’s Stadium of Light on Wednesday, where he admitted the weather was particularly wet.

As he was honoured at London’s Ivor Novello Awards on Thursday, he said: “We just… came out of the plane in Sunderland last night, (it was) hellacious weather.

Dave Hogan/Hogan Media/Shutterstock

Ivor Novello Awards, Portrait Studio, Grosvenor House, London, UK - 23 May 2024
Bruce Springsteen with his Fellowship of The Ivors Academy and Sir Paul McCartney pose in the Studio at The Ivors with Amazon Music - May 23, 2024 in London United Kingdom. (Photo by Hogan Media/Shutterstock)

23 May 2024
Image:
Sir Paul McCartney presented Bruce Springsteen with the Fellowship of The Ivors Academy. Pic: Dave Hogan/Hogan Media/Shutterstock

“Driving rain storm, the wind blowing, blowing, blowing, and standing… in front of me, in the rain, I realised: these are my people.”

Springsteen also treated the audience to his song Thunder Road, after Sir Paul McCartney presented him with his Ivors Academy fellowship.

New dates for his postponed shows will be announced shortly, according to his Instagram account, and anyone seeking a refund “will be able to obtain it at their original point of purchase”.

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He rescheduled dates in August last year in the US after he was taken ill, and cancelled planned concerts in March 2023 over other issues.

His first major tour in six years saw him play a headline gig in London’s Hyde Park in July 2023.

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Sports

Braves star Acuña out for season with torn ACL

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Braves star Acuña out for season with torn ACL

Atlanta Braves star outfielder Ronald Acuña Jr. will miss the rest of the season after he tore the anterior cruciate ligament in his left knee during Sunday’s 8-1 victory at Pittsburgh.

The reigning NL MVP led off the game with a double to right-center field off Martin Perez. With Marcell Ozuna at the plate, Acuña started toward third on a stolen base attempt and his left knee gave way. Acuña remained down for several minutes while being treated, pointing at his left leg before walking off under his own power.

The Braves’ initial diagnosis was left knee soreness. But the team announced Sunday night that an MRI showed a complete ACL tear that will require season-ending surgery.

Acuña tore his right ACL on July 20, 2021. Wearing a brace in the clubhouse after Sunday’s win, the 26-year-old outfielder said this injury felt less severe.

“(I) don’t feel that painful, any pop or anything. … Don’t think it’s that bad,” Acuña said.

Acuña said he was looking to take third when he anticipated a slow throw back to the mound from catcher Joey Bart. The toss came in harder than expected, leading to an abrupt pivot back to second with his knee twisting.

Acuña is batting .250 with four homers and 15 RBIs in 49 games. The four-time All-Star hit a career-best .337 last season with 41 homers and 106 RBIs.

Atlanta already was missing All-Star right-hander Spencer Strider, whose season ended on April 13 when he had internal brace surgery to repair the ulnar collateral ligament in his pitching elbow. Third baseman Austin Riley is day to day with a left intercostal strain, and catcher Sean Murphy remains on the 10-day injured list with an oblique injury after he got hurt on opening day.

The Associated Press contributed to this report.

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Politics

Could Trump’s win nix SEC crypto suits? Critics say he’s ‘pandering’ for votes

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Could Trump’s win nix SEC crypto suits? Critics say he’s ‘pandering’ for votes

One crypto lawyer thinks a Donald Trump election win would revert some SEC crypto lawsuits, but others note he hasn’t always kept campaign promises.

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