Quote:
Originally Posted by yachties23
I have nothing invested in this team anymore, and will not root for them until the ownership group is either forced to sell by MLB or sells because they can't afford the continued losses.
|
Unfortunately Chris, the Wilpons aren't going anywhere.
Their financial woes have been grossly misreported.
This is evident by the recent "sale" of the minority shares.
The minority shares that were sold, were sold to the Wilpons, Wilpon family members, and Wilpon business interests such as SNY.
What the Madoff scandal has done, is forced the Wilpons to keep the Mets revenue with the Mets,
SNY revenue with SNY, and the same for the real estate revenue.
The lack of co-mingling their money has left them short on the Mets side of the ledger.
The "sale" was a way for them to infuse cash from their more profitable business ventures to the struggling Mets.
I think the Mets are looking at 2 lean years, they will clean out their bad contracts, and then become major players again.