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Yes, the Mets Are Still for Sale. No, the Owners Don’t Have to Sell Them. - The New York Times
With the start of the season less than two months away, the Wilpons have put the Mets back on the trading block. What happens next is anyone’s guess.
As Steve Cohen, the hedge fund billionaire, ended his bid for the Mets last week after months of negotiations, he left no doubt what he wanted to happen next, as a fan and an investor.
“I’m very disappointed we couldn’t work out a deal, but as an 8 percent holder, I’m looking forward to a higher bid for the team,” he said. Cohen had offered more than $2.5 billion in a deal that fell through because of a disagreement over money and control of the team with the Wilpon family, which has had a stake in the Mets for four decades and walked away from two significant offers to sell. Now, as the Mets return to the auction block, the team’s future is as uncertain as it has ever been.
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I went to a Mets game once with my finace. I get a bigger kick out of watching paint dry.
With the start of the season less than two months away, the Wilpons have put the Mets back on the trading block. What happens next is anyone’s guess.
As Steve Cohen, the hedge fund billionaire, ended his bid for the Mets last week after months of negotiations, he left no doubt what he wanted to happen next, as a fan and an investor.
“I’m very disappointed we couldn’t work out a deal, but as an 8 percent holder, I’m looking forward to a higher bid for the team,” he said. Cohen had offered more than $2.5 billion in a deal that fell through because of a disagreement over money and control of the team with the Wilpon family, which has had a stake in the Mets for four decades and walked away from two significant offers to sell. Now, as the Mets return to the auction block, the team’s future is as uncertain as it has ever been.
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I went to a Mets game once with my finace. I get a bigger kick out of watching paint dry.