The Mets financial woes began with the Wilpons going into business with fraudster Bernie Madoff. In order to address those woes, the Wilpons decided to sell ownership stakes in the team. One stake went to Steven Cohen, who was recently named in a criminal indictment for insider trading.
Another went to James F. McCann, the CEO of 1-800-Flowers, a company which Steve Eder, Richard Sandomir and Alison Leigh Cowan of the New York Times reports, now has legal troubles of its own:
In March 2012, a group of online retailers was sued in federal court, accused of having participated in a cynical and longstanding scheme to cheat customers out of millions of dollars. One of the named defendants is 1-800-Flowers.com Inc., which says it is the world’s leading florist and gift shop … A recent legal filing by lawyers in the case asserted that “1-800-Flowers was well aware that its customers were getting defrauded.”
And then ask yourself why the Mets oweners can’t seem to partner up with anyone who isn’t shady.