FRED WILPON RUMORS & GOSSIP
Report: Don't Expect Mets to be Big Time Spenders anytime soon..
New York Mets owner Fred Wilpon recently told ESPN that he and his partner, Saul Katz, no longer have any personal debt. But don’t expect the New York Mets to begin spending like a big-market team any time soon.
According to a report by Forbes magazine's Mike Ozanian, the baseball team and the regional sports network of which it owns 65%, SportsNet New York, have over $1 billion...
Fred Wilpon Says Financial Woes At An End
New York Mets principal owner Fred Wilpon said his family is finally past their financial debt problems and that general manager Sandy Alderson has the financial flexibility to make major free-agent signings in upcoming offseasons.
Reasons for improved financial stability is the result of the rebound of real estate, his primary business, as well as stock-market gains and SNY, in...
YOU BET YOUR LIFE
Mets looking into building casino?
The New York Mets reportedly have looked into the possibility of building a casino nearby Citi Field to help raise some funds.
The business of Mets baseball Part I – Wilpon history
The minor league players have left the clubhouses and the major league season is heading towards the playoffs. There’s plenty of coverage here from the other writers regarding what will go on in October, so I’m going to move down to the end of the dugout and revisit a subject I wrote in length about on my old blog.
It’s important for every fan to fully understand the current...
Madoff case settled and Fred Wilpon gets new nickname
So it’s finally over. Mets owner Fred “Wimpy” Wilpon will gladly pay Tuesday if you give him a hamburger today. But in this case “Tuesday” is three years from now and “hamburger” is the big business known as the New York Mets.
The Madoff clawback suit is settled with the Mets on the hook for $162 million but with the money not payable until three years from now. ...
Picard Case Unlikely To Cost Wilpons The Mets
What would be the best case scenario for Mets fans when it comes to the future of the team? Many, if not most, would argue that the most favorable scenario involves a MLB takeover of the New York Mets, much like the one witness last season in Los Angeles. That takeover would usher in a new ownership group while simultaneously showing Fred Wilpon the door. That scenario...doesn...
Fred Wilpon Speaks Out .....in Port St. Lucie
New York Mets owner Fred Wilpon says he plans on owning the team for a long time despite financial troubles caused by the collapse of the Bernie Madoff Ponzi scheme.
Wilpon said Monday he is optimistic in a favorable outcome in the lawsuit brought by the trustee against the Mets owners to recover money for victims of the scheme.
He expressed optimism that the Mets will host...
MMO Fan Shot: Is The Tide Shifting For Fred Wilpon?
If you had asked me twelve months ago if the Wilpons should sell the Mets, I’d have been pretty emphatic in my support. In the six months that followed, new reports surfaced describing the debt the Mets were in and it seemed that number grew by $100 million from each report to the next. The most recent tally has it in the ballpark of $450 million. In the six months since then...
Fred Wilpon Requests That You To Give His Team "A Try"
The forecast for this upcoming season is a dreary one for the New York Mets, but that hasn't stopped Mets' owner Fred Wilpon from providing his two cents to the Mets' fanbase. Yes, in his first really public comments since calling his own team snake bitten and criticizing the value of his now departed leadoff man, Mr. Wilpon had the following to say:"I think we...
Morning Grind: Selig Isn’t Doing Right By The Mets, He’s Doing Right By Wilpon
With all the recent revalations of how Selig has aided the Wilpons maintain ownership on countless occasions, I felt this needed to be said: Selig is not helping the Mets; he is simply helping his buddy Fred.
The job of the MLB commissioner is to keep everything running smoothly in several areas of the game. His goals are to keep the game both popular and economically sound. That...
THE METS HOT 25
