In the wake of Raiders owner Al Davis’ death, new rhetoric is bound to spring up about the franchise’s future in Oakland, undoubtedly sparking new rounds of discussion as to whether the Raiders would return to Los Angeles.
It appears David Einhorn is back on track to become the Mets’ minority owner. Nearly two months after announcing a $200 million agreement in principle with the franchise, Einhorn suddenly found himself among other bidders Wednesday.
Move over David Einhorn, there might be another Mets minority owner waiting in the wings.
Last month, David Einhorn said his agreement to become minority owner of the Mets was a “win-win” for both sides. The hedge funder may have underestimated his end.
New York has a pair of pro athletes represented on Forbes’ annual “Celebrity 100″ compilation of the most powerful people or groups in the entertainment business. And, no surprise, they’re both Yankees.
The Mets’ partial ownership drama is drawing to a close, with billionaire hedge fund manager Steven A. Cohen in the lead to claim a minority stake in the franchise, according to the New York Post.
Commissioner Bud Selig is taking away control of the Dodgers from owner Frank McCourt, whose troubled finances have seemingly paralyzed the once-proud franchise. Sound somewhat familiar?
By now we all know the Mets’ owners are trying to sell a portion of the franchise. According to the New York Daily News, the Wilpons and Saul Katz are one step closer.
The financial woes keep piling on for the Mets. According to the New York Times, the franchise lost nearly $50 million in 2010, and this year’s losses may look similar.
Forbes’ annual report finds the average value of Major League Baseball teams has increased 7 percent from last year to an all-time high of $523 million. That’s great news, especially for the Yankees. Not so much for the Mets.
Forbes released their annual list of the NBA’s most valuable teams on Wednesday, and according to the magazine, the Knicks have overtaken the Los Angeles Lakers as the NBA’s most valuable franchise.
The charming collectibles have been on view for 25 years in a series of dioramas and vignettes in the lobby of the Forbes Magazine Fifth Avenue headquarters in Greenwich Village.
The average value for NFL teams has fallen for the first time since Forbes began keeping track in 1998.