Mets for sale?

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Pastor

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Nov 18, 2002
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Reuters
CHICAGO (Reuters) - The owners of the New York Mets will be forced to sell the pro baseball team due to huge losses suffered in the Bernard Madoff swindle, the author of a book about the disgraced money manager said on Friday.

The Wilpon family, led by Mets owner Fred Wilpon, lost about $700 million because of Madoff, according to Erin Arvedlund, author of "Too Good to Be True," published earlier this month.

Arvedlund said she does not know the terms of the Wilpons' bank loans but said the losses are steep enough that a sale of the baseball team is certain.

"It's qualified by when," she said. "It's possible they would have to sell by next year."
It seems like a lot of Ifs, but...


(Oops, this landed in Politics. Moddy's please shift, thanks!)
 
Mets fans should be so lucky.

I love the way it says "the sale of the baseball team in certain" and the quote says "It's possible they would have to sell by next year."

So I guess it's certainly possible.
 
If this actually goes down, will they retire a jersey in honor of Madoff?
 
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I repeat the quote:


"It's possible they would have to sell by next year."

Not exactly definitive.
 
BYH is putting together an investment group, just so he can fire Jay Horwitz.
 
Let's all chip in and buy it as a sj present to Spnited for his big B Day.
 
Seriously, there are no words in the English language to describe how happy this would make me, on multiple levels.

I'd be happy to drive Jay to the unemployment office, that ****.
 
BYH said:
Seriously, there are no words in the English language to describe how happy this would make me, on multiple levels.

I'd be happy to drive Jay to the unemployment office, that ****.

Is he dumb enough to get into a vehicle with you? He might know that he wouldn't make it to the unemployment office. :)
 

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