"I can't take anymore losses!!!!"

This past baseball season, I have never felt as bad for a baseball team as the NY Mets. Their season was plagued with injuries, hell even Mr. Met needed Tommy John surgery. To make matters worse, their financial system was beginning to look like their record after the all-star break.

The Mets are owned by the Wilpon family and during the past year were reported that they might have to sell the team due to investments with Bernie Madoff. The reported sum was $750 million dollars. Now, according to court reports, The Mets actually MADE 48 million dollars. Now the Mets have the unfortunate feeling of walking into a courtroom where very angry people are demanding their money back, slipping to the front of the line and walking out with a check. Wouldn’t want to be the Wilpon’s limo driver that day.

I would have been happy if the $750 million dollar loss actually happened. It would have taught them a lesson. If a $750 million dollar loss was possible, and you would have to sell the team if you lose on the investment, why would you still invest the money to begin with? You already have acquired billions of dollars, own a sports franchise and maybe even a 1 bedroom in downtown Manhattan, why this need to invest more?

Well… maybe he wanted a parking spot.

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