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

Keith Hernandez Mustache Night
Keith Hernandez Mustache Night

by Darren Meenan January 13, 2022 0 Comments

Having your number retired is the ultimate honor a team can give you, and it's a long time coming for Keith Hernandes and the Mets. Free mustaches for everyone?! 

Read More

Run A 5K In Port Saint Lucie!
Run A 5K In Port Saint Lucie!

by Darren Meenan January 03, 2022 0 Comments

If you're already an avid runner, or just have "get off the couch" as something on your list this year, this sounds like a great time. The St. Lucie Mets are kicking off Spring Training with a 5K around Clover Park! 

Read More

IN PERSON PICKUP AT OUR WAREHOUSE
IN PERSON PICKUP AT OUR WAREHOUSE

by The 7 Line December 08, 2021 0 Comments

Just like last holiday season, for a limited time, we're offering in person pickup at our warehouse! This year each order of $50 or more is going to come with pretty incredible free gifts. 

Read More

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