The Wilpons Are Selling The Mets

The Wilpons Are Selling The Mets

by Tim Reilly December 04, 2019 0 Comments

While free agents are signing left and right elsewhere, the offseason Hot Stove officially heated up in Queens with bombshell news that the Wilpons are selling off their majority stake in the team.  

But wait, there’s more!

According to a report from Bloomberg, the Wilpons are in talks to sell 80% of the team to billionaire Steve Cohen, who is already an investor in the club. It was added that Fred Wilpon is interested in selling controlling interest of the team as part of an estate and philanthropic planning.

Joel Sherman would add that there was bound to be a succession issue when Fred and Saul Katz were ready to step down, thus further explaining the extended sale process to hold onto the Mets for a few years longer.

While it's still way too early to understand what all this means and how it will exactly pan out, it seems like a big change is on the way.

The takeaway? Christmas just came early for fans who have been eager for a change in ownership. Even if they have to wait 5 more years. 

P.S. Does this news make Tiki Barber the new go-to Mets insider? He said this was coming on the radio Tuesday and no one took him seriously. 




Tim Reilly
Tim Reilly

Author

T7L contributing blogger - Follow Tim on Twitter




Also in The 7 Line Blog

PICK ONLINE ORDERS UP AT OUR WAREHOUSE!
PICK ONLINE ORDERS UP AT OUR WAREHOUSE!

by The 7 Line December 17, 2024 0 Comments

Just like last couple holiday seasons, for a very limited time, we're offering in person pickup at our warehouse! This year each order of $20 or more is going to come with two free gifts.

Read More

Houston 2025 with The 7 Line Army!
Houston 2025 with The 7 Line Army!

by The 7 Line December 15, 2024 0 Comments

We'll be spending Opening Weekend in Houston! Hopefully you'll be one of the 1,300 Mets fans kicking the season off with us in Texas! The Astros didn't have enough availability to fit us for Opening Day, so we locked up 1,300 tickets to game 2 of the season on March 29th. 

Read More

Buy One Get One Free Deals!
Buy One Get One Free Deals!

by The 7 Line December 08, 2024 0 Comments

We have 7 buy one get one free offers up for grabs! You're able to add any or all of them to your cart if you'd like while supplies last. 

Read More

1

1
Free Gift

Powered by Salepify App

.video-container { position: relative; padding-bottom: 56.25%; padding-top: 30px; height: 0; overflow: hidden; }