Thursday, February 3, 2011
Ok, this is just getting to be very tedious.
If you are reading this I'm sure you know all about the craziness with the Wilpon/Katz/Ponzi/Lawsuit debacle. I don't need to rehash it.
A few thoughts on the subject:
1 - I just find it hard to believe that Wilpon and Katz knew that this was a scam. They got WAY too many people involved in it who lost a boatload of money. Odds are there WERE some red flags that should have tipped them off that SOMETHING was amiss, but seeing how close Madoff and Wilpon were, it's not hard to think at all that Madoff was just given the benefit of the doubt. I mean, the Government watchdogs didn't know anything was wrong for the longest time... so making it out like the Wilpons did is a tad unfair.
2 - At what point do the Wilpons stop looking like a pair of clown shoes? It seems there has been almost nothing but bad press after bad press for years now. I think the only real positive thing was the hiring of Sandy Alderson and his brain trust. Fred, Saul and Jeff REALLY need to stay out of the news.
3 - Will anyone REALLY want to pay $250 million or so to be a part owner in franchise with potential for further financial issues and not even have any real say in day to day operations or how the team is run? I don't know... but it seems very few people in the media seem to theink the Mets can sell a minority share without at least adding in some of SNY.
4 - While the Mets themselves technically haven't been affected here, the Wilpons and Katz have, which means they will likely look to not spend the same amount of cash on the team they would if these losses and lawsuits didn't exist. To pretend the Mets won't likely be affected is foolish and native.
This whole things stinks. Some days being a Mets' fan is like walking through your day, each day, knowing that at some point, someone is going to kick you in the groin.