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Citi Field debt downgraded by Moody’s because of Mets-Madoff connection

More bad news for Fred Wilpon and Saul Katz: debt of Citi Field has been downgraded by Moody’s because of concerns over ties between the New York Mets ownership and disgraced felon Bernie Madoff, as well as an impending clawback lawsuit. “While the ultimate outcome of the litigation and the timeframe for final resolution are […]

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Mets lower ticket prices for 2011

Increased supply meets diminished demand, as the New York Mets lowered prices for many seats at Citi Field for the 2011 season, decreasing costs by an average of 14 percent across the entire ballpark. Within the 14-percent average price decrease, the Mets have made a range of market-based adjustments to Citi Field’s 41,800 seats: Ticket […]

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