Madoff Author: Wilpons Will Have to Sell Mets
But maybe not. Erin Arvedlund, author on the recent examination of the case Too Good to Be True: The Rise and Fall of Bernie Madoff, says that the Wilpons actually lost more than they could afford -- and that they will certainly have to sell the New York Mets as a consequence.
"It's a matter of when," says Arvedlund. "It could be a soon as next year."
Believe it or not, Forbes ranks the Mets MLB's second most valuable franchise, after the Yankees, with a value of $912 million. Who'd pick them up if they went on the table? Carlos Slim? Oprah? The U.S. Government?