Katz

Report: Katz tried, no longer wants to sell Mets

Mets co-owner Saul Katz recently tried unsuccessfully to persuade Fred Wilpon that they should sell majority control of the Mets, a baseball executive said (NY Post, May 17).

Katz refuted a report last week that stated he was interested in selling his portion of the team (NY Times, May 12).

“There is no truth to the reports of any intention of selling,” Katz said in the e-mail to media. “I have no intention of selling my share of the Mets nor have I ever had any intention of selling my share.”

According to the most recent report, Wilpon, 74, is not interested in selling because he wants to turn the franchise over to his son, COO Jeff Wilpon.




56 comments
MMIAA
MMIAA

you don't go from wanting to sell the team to not wanting to sell the team. That is pure BS.

Kevin G Gnappor
Kevin G Gnappor

Is there anyway that we can get Doubleday back? The mets success started and ended with Doubleday. he was the one who pushed for piazza, hired cashen, and formed the '86 championship series. had he still been here, we'd have a better looking Shea, and not Fredy's damn ebbet's field replica

cmetsfan
cmetsfan

The only new owner I think I could be excited about, would be if Doubleday came back, because I'd like an owner that'll try to preserve National league traditions and not embrace the DH. 


Other than that, since the Minnesota owner is so rich but doesn't win, I don't know what any of it really means.

Mike August
Mike August

DAMMIT JUST SELL THE TEAM .WILPONS NEED A WIFF OF REALITY THEY SUCK AS OWNERs.

thjopr6986
thjopr6986

Jeff 'Fredo' Wilpon can't even run a hotdog stand without asking his dad if he used too much mustard on a dog. I think I might have to become a Red Sox fan after 35 years of rooting for this team. Unreal.

Not4Nutten
Not4Nutten

Do The Mets have anyone in their organization who doesn't LIE? Yeah, The Commissioner!!!

Bill Torres Hollywood
Bill Torres Hollywood

sell 'please for the love of god sell...dont let the commish n fred hold u down,save us n sell

Andrew Sodergren
Andrew Sodergren

So we're stuck with brainless, arrogant rich kid who has done nothing except ride dad's coat tails his entire life? Did Jeffy even graduate from community college?

johnsec125
johnsec125

what does COO stand for? Complete Oblivious Osshole?

spelletrader
spelletrader

Hopefully Jeff has plans to sell once daddy is gone.

DON'T BE SLOPPY
DON'T BE SLOPPY

Fred doesn't care about the players or the fans all he cares about is that Jeffery gets the team one day. There has to be some Donald Sterling type tapes somewhere on Fred or Jeff. 

johnsec125
johnsec125

Calling DR. Howard, Dr. Fine, Dr. Howard!!!

MetsFan1962
MetsFan1962

Geez..."Wilpon, 74, is not interested in selling because he wants to turn the franchise over to his son, COO Jeff Wilpon" . .  now here is a sad commentary. The Mets future looks bleak with Jeffy Wilpon in control.

tbone1
tbone1

The Wilpon;s are the apex of ARROGANCE !!!!!

tullydew
tullydew

BOYCOTT CITI FIELD

If you are a "True New Yorker" you won't step foot in Citi Field.

capra38
capra38

They no longer claim Jeffy played minor league ball with Expos in 1983.  After a while some lies just get boring. 

thwacker
thwacker

This is like sonny boy James Dolan destroying the Knicks.

Russ Sullivan
Russ Sullivan

LOL he doesn't want to sell now cuz he's gonna take a huge huge loss. The team is not worth a whole lot right now. No way they sell. But man I wish they would.

narpath
narpath

Once there's a new commissioner, perhaps a contingent of Mets fans could write an impassioned plea for him to investigate the Wilpons. It probably wouldn't amount to much, but maybe it would be worth a try.

Keep up th epressure, Katz.  Owning a sports team is something that needs to be well funded.  You cannont do it on the cheap and you can certainly not do on the cheap in New Yor.  I admire that, as a father, Fred wants to leave someting to his son to work on or play with.  Why not leave him a Burkegr King, KFC or GNC nutrition store?  The Wilpons have wealth far into future generations while the rest of us have to  slog it out day today and pray we are not fired or outsourced by people just like the Wilpons.  If Jeffy really wants to run a baseball team, why not try a team in Australia or Korea?  It would be a good way for him to get his feet wet and it would provide an opportunity for a talented, well-funded group of peole who love basebal  and believe it should be a dominant force in New York.  It's just my opinion but as a Mets fan since 1962, it's time we stop behaving like a Third World Country and start leading the way as a powerhouse in The Big Apple.

xplr
xplr

When it comes to the Mets, nothing is true until it's been officially denied. Therefore, this story is probably true.


I believe that Katz is done putting additional funds in. However, he cannot force the Wilpons to sell. It kind of sucks to be a minority owner.

drmetfan
drmetfan

Jeff taking over the Mets is the worst that can happen.

nolrog
nolrog

>>> According to the most recent report, Wilpon, 74, is not interested in selling because he wants to turn the franchise over to his son, COO Jeff Wilpon.

God help us all.

tw22
tw22

So he wasn't lying. He never was going to sell his share he was going to persuade his AND Fred's share. Semantics.

chasesimms
chasesimms

There's always the outside chance of a "Sterling moment" happening to Jeff.  Can someone get him on recorded audio bashing Latino's?  



Ron W. Davis
Ron W. Davis

Out of the three he i do not blame much because he is the silent one of the three over the history.  of this ownership group. 

crimsondad
crimsondad

@Kevin G Gnappor  Doubleday warned us what would happen with the Wilpons in full control. He was 100percent right about them.

crimsondad
crimsondad

@Andrew Sodergren  Fraedo Wilpon was a university of Miami dropout.Nice qualifications to run a franchise valued at 800 million to 1 billion dollars.

you hit it right on the nose

Moe, Larry Cheese!

Tarheel11
Tarheel11

 Picket lines outside of MLB headquarters

Mex_17_for_HOF
Mex_17_for_HOF

Absolutely! A baseball franchise is a public trust. That's why baseball has an antitrust exemption. Maybe Congress needs to take another look at baseball, especially the collusion between the Commissioner and certain owners.

Tarheel11
Tarheel11

 Love this! Little Jeffy running a Burger King with the hat and all! 

kossman36
kossman36

katz is not a minority owner he and Freddie coooop ons own the same amount of the mets

Tarheel11
Tarheel11

@ifti99  Why couldn't Katz just say F this and sell his stake in the team? Then just tell Fred "I'm done you're on your own now". That would force Fred to come up with the money instead of running to Katz. 

drmetfan
drmetfan

I can see Katz seeking his share of the team to another party. I doubt the Wilpons have the money t buy from him.

MetsFan1962
MetsFan1962

@barbarossa ....not really, Wilpons uses the Mets loses as a tax deduction on the realty empire. Wilpons comes out ahead no matter how the team does. I'm sure he is happy just the way things are right now.

xplr
xplr

@Tarheel11 @ifti99  Good question. Minority owners sign contracts which give them very few rights. It's entirely possible that that the Wipons not only have right of first refusal; they may also have the right to buy his share at a discounted price. There's really no way of me knowing this.


It's also possible he may be asking too much. However, the most likely scenario is that investors are reluctant to be minority owners to the Wilpons.



Tarheel11
Tarheel11

@drmetfan  But what kind of minority owner is going to want to keep being th bank to support the majority owner?