Truth & Rumors > MLB
Mets hope to sell up to 25 percent stake by June
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08:20 AM ET 02.02 | The Wilpons are reportedly looking to sell as much as a quarter of their franchise. The New York Mets hope to complete the sale of up to a 25 percent stake by the end of June, according to a person involved with the planned transaction, as the baseball team seeks funds to make up for a potential settlement related to investments with fraud figure Bernard Madoff. Mets owners Fred Wilpon and Saul Katz met with Major League Baseball commissioner Bud Selig and his lieutenants Tuesday in what was described as an effort to update Major League Baseball on the Mets' financial problems and the owners' plans to sell a minority stake in the team, which they revealed Friday. ... Mr. Wilpon has long said that he was victimized by his longtime friend Mr. Madoff, but it is now clear his exposure is far greater than he has previously revealed publicly and to officials with Major League Baseball, according to people familiar with the league.
Jason Bay, Getty Images
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Comments (24) Add A Comment
I'll start the bidding at $100............
jnorman41
Total Comments (4207)
$150.50
AllStarz Ruinating…
Total Comments (19282)
For 25% of a steak?
THE BISHOP!
Total Comments (13573)
Out of curiosity, who do they think wants to buy a minority share of a franchise that is run by **** monkeys?
Slinkton Sr.
Total Comments (7016)
What was the highest bid, Bob? 150.50? 150.51!
SuckerPunch
Total Comments (151)
$175 and not a penny more.
Bronx_Pride
Total Comments (2129)
Bernie Madoff clients!
Bronx_Pride
Total Comments (2129)
I find it amusing that the Wilpons want to sell 25% of a team for 250 million. The Mets are not a Billion dollar team. I believe that they are valued at $800 million.
Bronx_Pride
Total Comments (2129)
Please please please sell the majority share of the team. Go get your affairs in order and buy your beloved Dodgers....and take the Jackie "I never played for the Mets" Robinson Rotunda with you.
baseballpurist
Monroe Township , NJ
Total Comments (92)
just sell the whole team, and stop mocking the fans!!
alacran
Total Comments (14677)
Rumor has it that since Philly already owns the Mets, they're going to make it official and buy in.
Yogi-Zen
Total Comments (4798)
Worked in Texas...
AllStarz Ruinating…
Total Comments (19282)
That's actually a great point. These guys are the picture of futility....who would want to invest in their product?
Sell the whole team!
baseballpurist
Monroe Township , NJ
Total Comments (92)
Jose Reyes to the Angels!!!!
Angels all the…
Chino , CA
Total Comments (177)
If he spends half the season on the DL again, you can have him.
baseballpurist
Monroe Township , NJ
Total Comments (92)
LOL!!! So true, so true!!!!
Angels all the…
Chino , CA
Total Comments (177)
Nice
hbomb
Total Comments (26365)
ZING!
h2opololpunk
Gainesville, FL
Total Comments (2261)
The sad part is that they will get it.
Commodore Fan
Nashville, TN
Total Comments (2847)
LOL!
Commodore Fan
Nashville, TN
Total Comments (2847)
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