Showing posts with label Ownership. Show all posts
Showing posts with label Ownership. Show all posts

Thursday, February 03, 2011

Mark Cuban Won't Chase Mets


According to ESPN's Ian Begley, Mark Cuban does have interest in ownership of a MLB team but does not want to be used as bait for a higher potential offer in the bidding war of the Mets. "If they want to contact me, if they have an interest and they think I'd be a good owner, I'd take their call and I'd be more than happy to discuss it," Cuban said Wednesday night before the Knicks-Mavericks game. "But I'm done chasing and bidding on baseball teams." Cuban the owner of the NBA's Dallas Mavericks, had previously bid on ownership of the Chicago Cubs and Texas Rangers. Both of whom he lost to other ownership groups. Any sale would be limited to a 20-25% stake in the team and not SportsNet New York or Citi Field. "It's a great franchise in a great market. So I'm sure there's going to be a whole lot of interest. But I'm not going to, whether it's here or the Dodgers for that matter, I'm not going to put myself in a bidding situation. I did that twice and learned my lesson."

Monday, January 31, 2011

Martin Luther King III to meet with Wilpons this week


Late Sunday night, Martin Luther King III released a statement to the Atlanta Journal Constitution confirming his interest in buying into the NY Mets organization. "I believe in the merit and American value of creating an example, and if I personally, or as part of a collective, can advance the vision of a more diverse ownership group in professional sports, domestically or internationally, then, like my father, I am prepared to act in that spirit," King said in the statement to the newspaper. "... There has been a lot of discussion and speculation about my participation in the acquisition of the New York Mets. The public release of those discussions was premature." Major League baseball currently does not have any black owners. King reportedly plans to meet with Mets officials later this week. I hope this deal works out. The Mets could use some good PR right about now and some reputable ownership.
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