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Thursday, June 25, 2020

Wilpons want to sell the Mets by the end of the year.

From the NY POST
According to multiple sources familiar with Mets sale saga, the Wilpons will begin to field first-round bids on the team in July with an eye toward locking in a buyer by Oct. 1. But insiders say those bidders are now also aware the Wilpons must find a buyer in the coming weeks in order to close a deal by the end of 2020.
“They need to sell the team before the end of the year,” one source told The Post.
The October timeline gives the Wilpons just enough time to sign off on a pact and submit it to Major League Baseball for approval before 2020 turns into 2021.
But with the Wilpons now even more motivated as sellers, people close to the situation are skeptical they can get the number they want for the team.
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It's amazing how the Wilpons don't know how to get out of their own way. It seems to me that they could have had a pretty good windfall earlier this year but wanting to stay involved in the decisions  of the team you sold to someone else is one of the most ridiculous thing I have ever heard. Now they might not even get half of what they were originally going to get. Buyers want SNY as part of the deal and I really don't get why the Wilpons just take as much money upfront they can and not worry about what SNY makes for them. These folks seem like they would get tossed a life saver and ask for a rescue boat instead.

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