Quantcast 2008 New York Mets: Wilpon may have to sell mets
MLB Center

Pro Baseball Home

About Pro Baseball Fans

MLB Standings

Baseball Fatheads

Baseball Merchandise

Baseball Tickets

MLB Credit Cards

MLB Team Pages

Baseball Park Reviews

Baseball News Articles

Fantasy Baseball Tips

Minor League Baseball

Baseball Fan Sites

MLB Team Correspondents

MLB Writing Jobs

Fred Wilpon may have to sell Mets


Last week it had been reported that New York Mets owner Fred Wilpon had lost $300 million in what is being described as a $50 billion Ponzi scheme. Matt Cerrone of Metsblog.com has reported that Fred Wilpon has told Omar Minaya to continue his off season plan, despite Mr.Wilpon's financial issues. But Matthew Cerrone has since posted the following quote about an article by New York post writer Michael S. Schmidt “People with knowledge Wilpon's business dealings are concerned that he and the team could encounter significant problems because of the reported fraud.” Schmidt has also said “Perhaps most troubling is the possibility that losses… may cause Wilpon to sell valuable assets, including a portion of his ownership in the Mets.” It is rumored that Star Industries owner Martin Silver is currently putting together a partnership that can offer Wilpon roughly $600 million to buythe New York Mets. All Mets fans can do is hope that these financial issues truly do not effect Omar Minaya's plans for the rest of the off season.


New York Mets Jerseys

> Buy New York Mets hats & apparel online through DFN Sports sites!


By James P. Kelly
New York Mets Correspondent

> View all of the MLB baseball news articles from ProBaseball-fans.com.