When last we heard of the Mets’ sale of $20 million minority stakes in the team, they were allegedly close to closing on the sale of five shares. That as early January, and as of yet, they haven’t closed. At least as far as we know. Here’s the latest from Steven Marcus of Newsday:
The Mets expect to sell 10 minority shares of the team by the end of February, a person familiar with the process said Monday … It previously was believed that the Mets would close on a minimum of four units by the end of January. No reason was given for the new timetable or whether the closings would take place at the same time. None of the potential investors has been revealed.
Next month’s headlines today: “Mets expect to close on ten shares by Opening Day” and “Oceania has always been at war with Eastasia.”