Report: 1-800-Flowers Founder Jim McCann Buys $20M Stake In Mets
NEW YORK (WFAN) — Talk about a rosy outlook.
Jim McCann, founder of 1-800-Flowers.com, has “struck a $20 million deal” to become part-owner of the Mets, according to the New York Post.
“I felt it was a reasonable investment,” McCann told the paper, “but growing up a lifelong Mets fan, this was more about being able to do something fun and interesting for me and my family.”
McCann joins comedian Bill Maher as the latest known limited partners in the franchise. The flower mogul’s deal was good for a 4-percent stake, the Post reported.
McCann, who was reportedly interested in a larger piece of the team before last year’s unfruitful deal with David Einhorn, likes the direction the Saul Katz- and Fred Wilpon-owned Mets are headed.
“A lot of the financial issues are being resolved,” he told the Post, “and (team brass) has done a great job of putting together some great home-grown talent.”
1-800-Flowers is listed as one of the official sponsors at Citi Field, according to the Mets’ official website.
Mets fans, does it matter who buys a stake in the franchise? Be heard in the comments below…