New York Mets owners Fred and Jeff Wilpon and Saul Katz will sell a minority stake in the troubled team to hedge fund manager David Einhorn for $200 million. The cash will allow the team to remain solvent, and presumably avoid a Dodgers-style takeover by Major League Baseball. [More]
A new study released by Rep. Weiner shows that Yankees and Mets fans are bleeding more than just their team colors, they’re also getting gouged with some of the highest online ticketing fees in baseball. [More]
If you pay for a suite and the Mets stick Lady Gaga in it, don’t you have a valid complaint? Jerry Seinfeld thinks so. Here’s what he said about the incident, in which Ms. Gaga was removed from her seat after she yelled obscenities, stripped down to her underwear, gave people the middle finger and made out with someone. [More]
Are new stadiums, like Citi Field, the new Yankees stadium, and the proposed new Nets stadium/Atlantic Yards project, really worth the oodles of public dollars, tax breaks, and the hundreds of residents displaced, their land seized under eminent domain? Stadium Status is an awesome new 20 min documentary by the Internets Celebrites that examines the issue and has come to a firm “Nahhhh” as its conclusion. [More]
A court filing in U.S. Bankruptcy Court in Manhattan made public a 162-page document listing his various clients, which include Hall of Fame Pitcher Sandy Koufax, actor Kevin Bacon, and the Wilpon family, owners of the New York Mets.
The New York Mets are getting a new stadium. It’ll be called Citi Field and that honor cost Citibank (and by extension, one could argue, taxpayers) $400 million.