Donald Trump Reportedly Offered A Chance To Buy A Stake In The New York Mets
The New York Mets ownership situation is reaching dire straits. Fred Wilpon, the owner, had a lot of money invested into Bernie Madoff and his wonderful Ponzi scheme. Reportedly he has lost around $700 million as a result of Madoff, and there is increased speculation that he will have to relinquish some of his control of the Mets or possibly all of it.
Now there is word that Wilpon has approached Donald Trump about buying into the Mets' franchise.
ESPN.com reports that "The Donald" is interested in the offer.
There is a sticking point in a possible deal between Trump and the Wilpon's: who's in charge?
Trump wants to be in control of the entire operation. He doesn't want to buy a minority stake in the team.
"If you look at Trump's record, he is only interested in things he can control," Trump told ESPNnewyork.com, talking about himself in the third person.
Right now no deal is imminent, but if things keep going the way that they are for Wilpon there may be no choice for him but to sell the team to someone.
The Wilpon's have been at least part owners of the franchise since 1980. In 2002, they bought total control of the franchise from Nelson Doubleday, Jr.
Trump could be a guy that actually gets people excited about the Mets again. He is a great businessman, and knows what it takes to make a franchise successful. Over the past decade, the Wilpon's have just tried to throw money at a bunch of aging players to get headlines in New York.
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