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NFT: Mike Repole jumps into Mets bidding

DanMetroMan : 6/22/2020 11:59 am
Darren Rovell
@darrenrovell
BREAKING: The A-Rod/J-Lo bid to buy the Mets is VERY REAL.

Sources say lifelong Mets fan, Queens native and billionaire Mike Repole, of BodyArmor & Vitaminwater fame + successful horse owner, has joined the group as a general partner.

A dream ownership team for any Mets fan.
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Oh yeah  
pjcas18 : 6/23/2020 11:09 am : link
I would want to include SNY in any deal, but I'm just saying, eventually if the Wilpons play hardball and don't include it, eventually SNY could be useless.

So, they would be smart IMO to include it, or at least a percentage of it.
RE: -  
Shecky : 6/23/2020 11:28 am : link
In comment 14923802 DanMetroMan said:
Quote:
David and Simon Reuben, who amassed a fortune investing in real estate, technology companies and leisure, are exploring a bid for the New York Mets, people familiar with the matter told Sportico.

The brothers, who were born in India and moved to London as teenagers, have a combined net worth of about $14 billion — built on one of the largest portfolios of retail, office and residential properties.

The brothers are likely drawn to the team because of the real estate development possibilities around Citi Field, said one of the people, who was granted anonymity because the matter is private.


That my friend is a bingo!!!
And the reason the Wilpons are ok with Jeffy staying “involved” with the team... franchise was a means to an end, and that is a MUCH bigger picture...
There  
DanMetroMan : 6/23/2020 11:51 am : link
have been proposals and ideas for development dating back to 2011. They are nowhere near anything resembling a resolution or plan in which the Wilpons would gain profit.
Shouldn't Sterling Equities focus on...  
figgy2989 : 6/23/2020 11:58 am : link
ya know...the new arena and development at Belmont? That little project that they still have not paid up in full on.

I just pray for the day that Sterling Equities and all of the Katz/Wilpon family members who work at that joke of a corporation having nothing to do with the Mets, Citi Field or SNY.
I try not to get too excited  
pjcas18 : 6/24/2020 8:32 pm : link
by news like this because who knows what the next ownership will bring, but at the same time I can't wait.

Mathew Brownstein
@MBrownstein89
·
14m
"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." #Mets
wow  
pjcas18 : 6/24/2020 8:51 pm : link
1.4B?

More Mets news  
pjcas18 : 6/24/2020 9:31 pm : link
‘Serious’ Yoenis Cespedes should be ready for Opening Day
link - ( New Window )
i'll still take the over on $2bn  
Eric on Li : 6/25/2020 10:27 am : link
but as long as the Wilpons are out of control I really don't care. Will be the best day since advancing past the Cubs, and probably even better.

Famous last words but I think we will know fairly quickly who the next owners are and they will be on board before the next offseason. The Wilpons do not want to keep writing checks and they are down to their final strike in this sale process (the first was Cohen and now the pandemic obviously impacting the entire world economy). If they do in fact get 3-5 bids in the next month I think they will take one from a secure buyer that will allow for a smooth and expedient sale.
PCA signs for slot, $2.6m left for JT Ginn  
Eric on Li : 6/25/2020 4:31 pm : link
which is potentially more than Matt Allen got last year. Also more than he was offered by the LAD in the first rd a few years ago. Seems likely they will get it done but I believe it's Boras so you never know.
Lol  
DanMetroMan : 6/25/2020 4:35 pm : link
Jwffy is going to end up costing the family nearly a billion dollars. amazing. I think Ginn signs but as noted #Boras.
Boras  
pjcas18 : 6/25/2020 4:48 pm : link
obviously a risk, but to get paid more he'd need to be redrafted in the 1st round at around pick 25/26 and get slot (or get drafted there or later and get over slot) but coming off TJS and not having pitched in a game maybe before the next draft it would be a gamble.

RE: Boras  
DanMetroMan : 6/25/2020 4:57 pm : link
In comment 14924932 pjcas18 said:
Quote:
obviously a risk, but to get paid more he'd need to be redrafted in the 1st round at around pick 25/26 and get slot (or get drafted there or later and get over slot) but coming off TJS and not having pitched in a game maybe before the next draft it would be a gamble.


I think 75% chance he signs and the remaining 25%.. I'd say 20% is Boras and 5% is a kid wanting to stay in school.
if he doesn't sign do they get an extra pick next year?  
Eric on Li : 6/25/2020 5:09 pm : link
I assume they lose the extra money they saved?
This sale may turn very Dodgers like  
Shecky : 6/26/2020 8:37 am : link
I will caution one thing, the lower the sale price, the more likely Jeffy and Co are still,pulling strings in one way or another. So as a fan, hope for the higher selling price.
RE: This sale may turn very Dodgers like  
JB_in_DC : 6/26/2020 10:04 am : link
In comment 14925056 Shecky said:
Quote:
I will caution one thing, the lower the sale price, the more likely Jeffy and Co are still,pulling strings in one way or another. So as a fan, hope for the higher selling price.


You gotta imagine that Katz and the non-Jeff Wilpons are pissed enough about missing out on the $2.6B that there isn't any funny business this time around.
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