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Monday, May 12, 2014

NY TIMES: Wilpon’s Partner Has Expressed Interest in Selling His Share of Mets

Saul B. Katz, who owns a majority share of the Mets in a partnership with his brother-in-law and business partner, Fred Wilpon, has expressed a desire to sell his portion of the team because he has grown tired of spending millions to prop it up, according to several people in baseball briefed on the matter.

But Katz has been hesitant to sell because it could result in Wilpon’s no longer maintaining majority control, according to the people familiar with Katz’s situation. This has created a situation in which Katz has been locked into subsidizing part of the team’s losses in an effort to protect Wilpon, who considers the team a family heirloom and wants his son Jeff to control it for years to come.

bobm Posted: May 12, 2014 at 05:32 PM | 3 comment(s) Login to Bookmark
  Tags: mets, wilpon

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   1. Russlan thinks deGrom is da bomb Posted: May 12, 2014 at 10:39 PM (#4705518)
On a different topic, Bartolo Colon has been horrible for the Mets. Mejia has stumbled after a good start to the season but I hope he gets another chance in the rotation. I'm excited to see what Rafael Montero can do.

Colon is obviously going to keep his spot in the rotation for now because of his contract. I wonder how long his leash is.
   2. AJMcCringleberry Posted: May 13, 2014 at 12:16 AM (#4705567)
Mejia seems to struggle once he gets to the fifth inning, maybe the bullpen is the best spot for him.
   3. Bote Man sez $/yr not yr/$$ Posted: May 13, 2014 at 08:15 AM (#4705650)
But Katz has been hesitant to sell because it could result in the Wilpons no longer maintaining majority control

And this is a problem...how??

Colon is obviously going to keep his spot in the rotation for now because of his contract. I wonder how long his leash is.

Obviously, the leash would have to be XXXL.

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