Three groups are still in the running to buy the New York Mets, with a timeline that calls for Citi Field tours this week and initial bids requested by the end of the month. (more…)
Tag Archives | wilpon family
In the end, Mets sale may be a real-estate, gambling or media play
With three bids submitted for the purchase of the New York Mets and possibly the SNY network, we’ll see if the sale of the Mets ends up being a media play, a gambling play or a real-estate play. (more…)
New Mets suitor emerges: Harris Blitzer Sports & Entertainment
After word got out that Alex Rodriguez and Jennifer Lopez were discussing with potential investors a purchase of the New York Mets, another suitor for the team and its assets emerges: Harris Blitzer Sports & Entertainment. (more…)
Goodbye Steve Cohen, Hello… Alex Rodriguez?
The drama over future ownership of the New York Mets continues, with billionaire hedge fund manager Steve Cohen withdrawing his ownership bid–and Alex Rodriguez reportedly considering a purchase of the team from the Wilpon family. (more…)
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 […]