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Saturday, March 28, 2020

Report: Mets Trying to ‘Drum Up Interest’ in Sale During Coronavirus Hiatus

The New York Mets aren’t letting Major League Baseball’s hiatus stop them from achieving one of their ultimate goals: selling the team. 

While the baseball season remains indefinitely suspended because of the coronavirus pandemic, the Wilpon family, which controls the franchise, continues to seek prospective buyers despite a sharp decline in both the market and interest in the team from some suitors.

After the sale of the team to Steve Cohen for $2.6 billion fell apart in February, the Wilpons have continued evaluating their options, according to Daniel Kaplan of The Athletic, but with little luck:

“Trying to sell a team in this environment is, to say the least, not ideal. One investment banker who pre-pandemic had two buyers interested, reported they had lost 20 percent of their wealth and had ended their pursuit. [...]”

If it pleases the Wilpons any, I’ll put up $1 to buy the team.

 

 

QLE Posted: March 28, 2020 at 12:48 AM | 14 comment(s) Login to Bookmark
  Tags: mets being mets, wilpons

Reader Comments and Retorts

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   1. Adam Starblind Posted: March 28, 2020 at 10:10 AM (#5934389)
I'm thinking this is what Trump was discussing with A-Rod.
   2. Jose Needs an Absurd Ukulele Concert Posted: March 28, 2020 at 10:13 AM (#5934391)
I suspect the Sox would be willing to deal him.
   3. Starring RMc as Bradley Scotchman Posted: March 28, 2020 at 01:31 PM (#5934458)
I suspect the Sox would be willing to deal him.

Trump or A-Rod?
   4. SoSH U at work Posted: March 28, 2020 at 01:33 PM (#5934460)
Read the headline again, RMc.

   5. Starring RMc as Bradley Scotchman Posted: March 28, 2020 at 05:53 PM (#5934546)
Chris Sale plays for the Red Sox now? What?
   6. kubiwan Posted: March 28, 2020 at 06:17 PM (#5934557)
Chris Sale plays for the Red Sox now?


Well, "plays" probably isn't the most accurate description...
   7. Howie Menckel Posted: March 28, 2020 at 06:53 PM (#5934568)
Red Sox Trying to Drum Up Interest in Sale During Coronavirus Hiatus
   8. Pat Rapper's Delight (as quoted on MLB Network) Posted: March 29, 2020 at 01:23 PM (#5934729)
In an era of ever-escalating franchise prices, would it be the most Mets thing ever to sell at the absolute nadir of the market?
   9. The Yankee Clapper Posted: March 29, 2020 at 03:20 PM (#5934757)
In an era of ever-escalating franchise prices, would it be the most Mets thing ever to sell at the absolute nadir of the market?
You need to consider the buyer as well as the price. I assume there’d be considerable wailing even among low-combustible Mets fans if Knicks owner James Dolan purchased the team. Or if Hank Steinbrenner bought the Mets while Hal continued to own the Yankees.
   10. Howie Menckel Posted: March 29, 2020 at 05:58 PM (#5934793)
Or if Hank Steinbrenner bought the Mets while Hal continued to own the Yankees.

but enough about the Kansas City Athletics.
:)
   11. Crispix Attacksel Rios Posted: March 30, 2020 at 10:56 AM (#5934911)
I still have a job, I'll buy the Mets. Have the next couple years of salaries been put in escrow already? That would help.
   12. Bring Me the Head of Alfredo Griffin (Vlad) Posted: March 31, 2020 at 09:19 AM (#5935177)
In an era of ever-escalating franchise prices, would it be the most Mets thing ever to sell at the absolute nadir of the market?


It's technically not the nadir if things keep collapsing.
   13. Jose Needs an Absurd Ukulele Concert Posted: March 31, 2020 at 12:15 PM (#5935228)
It's technically not the nadir if things keep collapsing.


It's the Mets. If they sell it will be the nadir for baseball team sales.

"Today on CNN we have an in-depth report, why is the entire economy still in decline but the market for baseball teams has dramatically rebounded?"
   14. Hysterical & Useless Posted: March 31, 2020 at 08:04 PM (#5935373)
Hey, as good Americans, I say that if Fred wants to sell the team at a discount we should defend to the death his right to do so!

ANYTHING to get rid of him.

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