The New York Mets should post a $23 million loss this season — about a third of the loss posted in 2011, reports the New York Post. The team is also expected to post a $15-million loss in 2013, the newspaper reports. There are losses, and then there are losses, depending on whether you’re looking […]
Tag Archives | losses
Mets lose $71M in ’11, loses key court case today
Lots of bad news for New York Mets ownership: the team lost $70 million last season, and this morning a judge ruled they must repay $83 million in profits from the fraudulent Ponzi scheme run by Bernie Madoff. The judgement today from Manhattan Federal Judge Jed Rakoff is a response to bids for summary judgement […]