Showing posts with label Potential Buyer. Show all posts
Showing posts with label Potential Buyer. Show all posts

Tuesday, March 22, 2011

Video: Mark Cuban on Buying the New York Mets

Saturday, March 05, 2011

No Immediate ownership plans for Piazza, offers sympathy for Wilpons

Mike Piazza, in Port St. Lucie as hitting coach for Team Italy, says he has considered buying into the ownership of a baseball team, and said he has been approached by groups of investors.

"Would I be interested in possibly getting involved in a group to buy a team? Probably," Piazza said. "I've been thinking about it. I think that would be something that would probably suit my desire, at least, to get into the game. I don't really see myself on the field all the time, or in the board room all the time. But I feel like maybe I can bring certain intangibles to both. And having the credibility of being on the field and also getting to know some of the administrative aspects of the sport would be something I'd be interested in."

"I never say never. You see Nolan Ryan getting involved. And I've heard of other players, in the future, wanting to get involved in ownership. I just think everything is a timing thing. It's an interesting time in the game, and there's a lot of change going on. You just don't know what situation will pop up. As far as anything on the forefront? Nothing. Down the line? We'll see."

Read More : ESPN NY

Update 7:52PM :

Piazza played for the Mets from 1998 to 2005. He offered sympathy for the Wilpon family.

“I’m definitely in their corner, hoping that this thing gets ironed out,” Piazza said. “At the end of the day, I still think the fans hopefully concentrate on baseball.”

Piazza said he could neither “confirm or deny” if he had been approached by people assembling ownership bids. He earned more than $120 million in his playing career. But he laughed off the notion that something was imminent for him.

“As far as anything on the forefront?” he said. “Nothing. Down the line? We’ll see.”


Friday, February 11, 2011

Reuters: Mike Repole steps up to plate for Mets, but wants cable share too

Mike Repole stepped to the plate after Mets owners, including chairman Fred Wilpon, said they might sell a minority stake as the trustee recovering money for victims of the Bernard Madoff fraud sued them to recover as much as $1 billion.

The native New Yorker Repole, co-founder of Vitaminwater and chairman of snack food Pirates Booty and healthy fast-food chain Energy Kitchen. Told Reuters that spending hundreds of millions for a 25 percent share in the team needed to include a stake in SNY, which Wilpon had said would not be included in a fund-raising deal.

"This is a team I rooted for my whole life," Repole said in a telephone interview Friday. "I just think it's going to be very difficult to find a minority partner the way the deal is being structured."

"It's a lot of money to put up to have no real control," he said. "It would be cheaper to get four front row season tickets than 25 percent with not much say.

"It's a hard deal to sell to anybody when it's just the ball club and not the network."

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."

Saturday, January 29, 2011

Mets have potential buyer?

According to WCBS News,  There is a potential buyer in businessman Martin Silver.

Martin Silver,  a Long Island liquor mogul was offering to buy the Mets from Fred Wilpon. See NYDN Story
“Two years ago when this first came out, I put together some people and the Wilpons publicly told me they were not interested,” Silver said.

Silver’s still interested, but he still has to meet with the Wilpons before any more can be said of the franchise and any deals to be made.

Silver tried to buy the Mets in 2009 when the team was valued at $850 million, but he said the team is not worth that much anymore—a factor that would play a significant role in any deal.

The Long Island native is interested in buying 20 to 25 percent of the team. His interests stem from the desire to bring the Mets back.

“You gotta believe. The Mets are losing a lot of believers now. We want to get people behind the team. We want the stadium full again. We want the stadium rocking,” Silver said.

And the goal? Stop having the Mets play second fiddle to the Yankees.

“We gotta get the fanbase back. We want the New York fans to believe again. We don’t want the Yankees to get all the publicity with all the millions of millions of dollars they’re spending,” Silver said.

The money woes for the Wilpons come from the Madoff victims’ lawsuit that states the Mets owners were longtime and successful investors and they knew or should have known Madoff was operating a fraud.

For More Audio Click Here

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