Saturday, February 5, 2011

For Sale. Not Cheap.

The New York Times has run a series of articles today about the NY Mets and their unfortunately deep ties with Bernie Madoff. It seems that the Mets, breathtakingly inept at most everything, seem to be one of the few Madoff investors to make money. A lot of it, in fact.

Now a $1 billion dollar lawsuit is being brought against the owning Wilpon family.

The real heartbreak doesn't come with a prospective sale of the team. For me, the heartbreak is this: The Yankees built their new stadium drawing upon tax dollars, and the Mets did not. But now it seems their ability to build that stadium (a stadium mind you, so ornate that I can no longer afford to visit with my children) on the backs of defrauded investors.

1 comment:

  1. It's one thing to know that sports is an absurdly exploitative, ridiculously overblown industry. It's another thing to have that truth presented to your doorstep like a flaming lunchbag of dog excrement that you have no option other than to stamp out.

    I'm not even sure if that's a good metaphor, but I'm amazed at how horrifying this is, too.