Latest On Potential Sale Of Mets

Even as a global pandemic rages, threatening the 2020 MLB season and leaving a murky economic outlook for the game of baseball, the Wilpon family continues to pursue a sale of the Mets. Indeed, it seems the desire has only increased since the collapse of a deal earlier this year with minority owner Steve Cohen.

The Wilpons would surely like to be able to reanimate that agreement, which crumbled just before the scope of the coronavirus crisis became evident. Now, as Thornton McEnery and Josh Kosman of the New York Post report, the Mets are feeling the pinch of the shutdown with the revenue spigot turned off.

Despite that apparent motivation, the Wilpon family isn’t willing to part with the profitable SNY sports network in the deal, per the report. That guaranteed cash flow would obviously be of particular interest under the circumstances, though that’s also the motivation for keeping it.

The Wilpons have reportedly set a $2.6B asking price — without the franchise control strings that had been involved in the Cohen agreement but also sans SNY. Most chatter suggests that’s now a fanciful figure under the dire economic circumstances, though as ever the market will provide the answer.

There’s even now some banter around the idea that Alex Rodriguez and fiancee Jenifer Lopez could benefit from the Wilpons’ tough spot. The celebrity duo seems to be taking serious steps towards a real bid. The Post reports that they could team up with former Marlins bidder Wayne Rothbaum to land the New York franchise. It’s anyone’s guess how this situation will develop over the coming weeks, but the stage is obviously set for a rather interesting process with quite the cast of characters.