Oddly, the Ponz Master hasn’t reminded anyone of this fact during his “Legitimate Years” tour but no matter- you’re welcome. Continue reading »
The Mets
“Having an opportunity to become part of the Mets franchise is exciting beyond my wildest childhood dreams. I spent my first seven years living in New Jersey and rooting for the Mets. In 1975, I even dressed in a homemade jersey as a Met for Halloween. I have been a baseball fan for my entire life and have enjoyed teaching the game as the coach of my daughter’s little league team. I look forward to partnering with the Wilpon and Katz families through the good seasons, the tough seasons and especially the championship seasons.”
Yesterday at the end of his Ira Sohn presentation (after telling Steve Ballmer to do the right thing and quit Microsoft), David Einhorn added “Go Mets!” with little grin on his face, like he had a secret…which apparently was that he just bought a minority stake in the team.
The New York Mets have agreed to sell less than 49 percent of the club for approximately $200 million to David Einhorn, president of Greenlight Capital Inc., sources close to the deal tell ESPN’s Karl Ravech. The sale will not include a stake in SNY, the television network owned by the Mets, the sources said.
This kid is probably pretty pleased with the news: Continue reading »
Bernie Madoff Is Fairly Confident His Friends/Investors Will Forgive Him, If They Can Get Over Themselves
By Bess Levin
For the latest issue of the New Yorker, Jeffrey Toobin explores the relationship between Bernie Madoff and Fred Wilpon, chairman and chief executive of the Mets and a victim of Madoff’s Ponzi scheme, which resulted in Wilpon (and the baseball team) getting, how to put this? Fucked. As his new project while in the joint is getting people to remember his legacy and talk about all the great stuff he did prior to one blip on an otherwise tremendous career, Berns picked up where he left off with New York reporter Steve Fishman, to whom he griped in February:
“Does anybody want to hear that I had a successful business and did all these wonderful things for the industry? And got all these awards? And so did my family? I did all of this during the legitimate years. No. You don’t read any of that.”
Here’s what he had to say this time around: Continue reading »
Yesterday, the Post claimed that Steve Cohen, who’d put in a minority bid for the Mets last month, had suddenly lost interest in getting involved with the team. Apparently some people mistook SC’s playing hardball as him dropping out, as he reportedly still wants a piece of this thing. Continue reading »
As you may have heard, in the last month, Steve Cohen has emerged as the frontrunner for a minority stake in the New York Mets. Cohen’s partial ownership would undoubtedly please a great many people- the organization, which needs the money, the players, who need the discipline, the the SAC employees, who will take over the grill at the in-house Shake Shack when the burgers are deemed shit, and most of all, the fans, who stand to benefit the most from Steve’s leadership, as you don’t win rings without having a guy around who will light a fire under everyone’s ass. And yet, it sounds like none of that is gonna happen. Continue reading »
Analysts: Mets Will Win The 2011 World Series If Steve Cohen Is Approved For A Minority Stake
By Bess Levin
As you may have heard, the New York Mets are going through a bit of a rough patch, on account of being screwed financially on their investment with Madoff Securities. They need money and they plan to get it by selling a minority stake in the team. Last month, Steve Cohen put in a bid and while other financiers might buy pro sports teams to fulfill some sort of childhood dream, SC is doing so because he believes the ball club is on the brink of greatness. Continue reading »
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