Fred Wilpon

According to a report from the Wall Street Journal, the New York Mets may now try to sell ten minority stakes in the company worth $20 million each, as opposed to one $200 million stake. Talks fell apart between the Mets and David Einhorn, and it was reported earlier today that the deal between...

According to New York Times sports reporter Richard Sandomir, the much maligned deal between hedge fund titan David Einhorn and the New York Mets is over. Here is a statement from the team, courtesy of ESPNNewYork. "The New York Mets' Owners announced today that their period of exclusive...

Currently third in the National League East, the New York Mets (58-57, 7.5 games out of wild-card lead) have something to look forward to besides next year. David Einhorn, President of Greenlight Capital (NASDAQ: GLRE), recently restructured an agreement with the New York Mets to help relieve...

According to tweets from ESPN New York's Adam Rubin and SI's Jon Heyman, Grenlight Capital's David Einhorn has been approved as minority owner of the New York Mets. There was some holds up in the deal, which was supposed to be completed by June 30, but now it looks as if Einhorn is set to become a...

According to ESPNNewYork's Adam Rubin, the sale of a minority stake in the New York Mets to Greenlight Capital's David Einhorn is still progressing but unlikely to close until August. According to the source, the two sides are moving towards a deal despite the exclusive window expiring. "Things...

After news hit in late May that hedge fund honcho David Einhorn was in talks to buy a minority portion of the New York Mets, everyone believed the deal would get done relatively easy and soon. Not so, according to the New York Post. The deal was supposed to get done by yesterday, but it appears...

Here are comments from the Wilpons discussing the sale to David Einhorn of Greenlight Capital. Einhorn is buying approximately 49% of the team for $200 million.

It sure looks that way, according to this New York Post article. It appears the hedge fund honcho has lost his interest in owning a stake in the embattled National League franchise, which is looking to sell as much as $200 million worth of the team, as owners Fred and Jeff Wilpon look to settle...

A tweet from Sports Illustrated writer Jon Heyman shows that SAC Capital founder Stevie Cohen may not win out on the stake in the New York Mets. Heyman said that Cohen's bid is not at the top of the list, and that interest in the team is surprisingly strong. Cohen's name has been closely linked...

A tweet from Michele Steele, who is Bloomberg's sports business reporter says that Comcast (NASDAQ: CMCSA) and Time Warner (NYSE: TWX) may not let the owners of the New York Mets, Fred & Jeff Wilpon, sell their stake in SNY, the paid cable channel, which is co-owned by all three. The Wilpon's...

Bernie Madoff is trying to pull a Fransisco Rodriguez, and save the owners of the Mets, Fred & Jeff Wilpon, saying they didn't knew about Madoff's scheme. Madoff also said that NY banks, like J.P. Morgan (NYSE: JPM) had to have known about the scheme. In an interview with the New York Times,...

The New York Times has an article that (NYSE: NYT) opines that the New York Mets should rename Citi Field in light of all the hoopla that is surrounding the team. I don't see how the connection between renaming the ballpark and the legal mess that the Wilpons are in. A couple of weeks ago, Fred...