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Tuesday, June 30, 2020

SEVEN MLB-APPROVED METS BIDDERS FOR METS SALE

MLB

It seems like the train is gaining steam for the Wilpons selling the team. MLB has given the okay for seven bidders to try to buy the Mets. Does this make a bidding war happen? Will the Mets end up going at a discount or will it bump the price up? Will the Wilpons make more money than they originally thought? So far the names that we have been hearing kicking the tires on the team are the ones that have been made public. When will we hear the rest if ever? 

From Sportico.com

Former big-league star Alex Rodriguez and his fiancée, actor and entertainer Jennifer Lopez, have retained JPMorgan Chase & Co. to raise capital for a bid. Among those possibly teaming with the superstar duo are Florida Panthers owner Vinnie Viola and billionaire Vitaminwater co-founder Mike Repole.

Billionaire Josh Harris and Blackstone executive David Blitzer, owners of the Philadelphia 76ers and New Jersey Devils, are also exploring a bid for the money-losing franchise. A report of a $1.4 billion bid by the Harris-led group is inaccurate, the person said, adding that first-round bids will be due sometime in July.

Brothers David and Simon Reuben, who amassed a fortune investing in real estate, technology companies and leisure, are also said to be exploring a bid, Sportico has reported. Their interest, people said, lies more in the real estate opportunities around Citi Field.

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