Mets owners Jeff, Fred Wilpon (credit: Drew/AP Photo)

Report: Mets Took $50M Hit In 2010; 2011 Looks Bleak

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.


Owner Fred Wilpon (L) and his son, Jeff Wilpon, of the Mets (credit: Marc Serota/Getty Images)

Forbes: Mets’ Value Drops 13 Percent; Yankees Top List

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.


Amar'e Stoudemire outside MSG (Louis Lanzano/AP)

Move Over Lakers, Knicks Now NBA’s Most Valuable

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.


This photo provided by Sotheby’s New York shows a detail of a warship from the Forbes collection, which has been on display for the past 25 years in the lobby of the Forbes Magazine Fifth Avenue headquarters in New York.  (AP Photo/Sotheby's New York)

Forbes’ Tiny Toys Will Be Sold At Sotheby’s

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.


(credit: Doug Pensinger/Getty Images)

Forbes: Tough Economy Drops Average NFL Franchise Value

The average value for NFL teams has fallen for the first time since Forbes began keeping track in 1998.