The Big Shiny Apple $2.6 Billion Deal Dies
It is eerie when all of the fan voices of a sports team are voided on an issue because this never happens. The collective deflation of the hopeful Mets patrons resonated a $2.6 billion boom. Considering that the public voice united to birth ballots for boycotts, protests, and rallies, if something else goes awry is City Field to expect riots? This is baseball, not a famine.
Being poor businessmen is inevitable because someone has to be in the bottom quartile. The sentimentality of Fred Wilpon proclaiming for years that he wanted his heirs to own the team strums a heart, no matter if an unpopular guy, any good man would want that for his family. There are high stakes on the table delaying a transaction.
It wasn’t so much the deal dropping that was upsetting because that happens in business all of the time. The aftermath of the deal drop was not pleasant because of how the details were handled by the professionals involved. Not chatting about the specifics of the breakdown and citing a non-disclosure agreement is cold.
Using a bank with family connections to broker the team is nepotism. New owners will learn from the Mets baseball model of what not to do, whether a collective of Gen X/Millennial investors, a tech or oil tycoon, or royal family member, they’ll learn from the Wilpon clan.
How can anyone make this stuff up? A collective chorus of “Only the Mets” trends. Wishful thinking Mets, but do something no one has done before and get it going as being the good guys.
Here are some solution based suggestions to remedy the mistakes: Upgrade your employee vetting process for future applicants, open the clubhouse to your own people, and resume negotiations to sell the Mets. Greenbay Dreamin’ maybe allows the New York City residents to purchase the Mets franchise.
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Which of these events left the bitterest taste in your mouth?