The owners of the Philadelphia 76ers and New Jersey Devils are looking to expand their sports empire to baseball. Josh Harris, the billionaire co-founder of Apollo Global Management, and David Blit…
The Mets have retained Steve Greenberg at Allen & Co. to oversee the sale process.
The Mets, controlled by the Wilpon family, in December said they were in negotiations to sell up to 80% of the team to hedge fund titan Steve Cohen at a valuation of $2.6 billion. Terms of that deal allowed for the Mets to retain control of the club for five years. The Mets lose at least $50 million annually — even before the Coronavirus shutdown of U.S. sports leagues.
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