Monday, January 31, 2011

The Mets Need More Money

Before this story broke, the most intriguing dilemma facing the Mets was where to play Carlos Beltran. Now, the Wilpons are faced with the prospect of selling a minority stake in their team to address the uncertainty that lies ahead. What would being a minority owner entail? He or she would receive a 20-25 percent stake in the Mets with the exclusion of the SNY cable network.

I have read that many are interested in acquiring a piece of the Mets but will probably never be able to control the team as much as the Wilpons or their bother-in-law, Saul Katz, does.

Either way, if they do or if they don’t sell a portion of their team it will affect the Mets ballclub financially.

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