NEW YORK (AP) — The New York Times is reporting the Mets are seeking $200 million for a minority portion of the team.
The Times cited a person briefed on the sale process in a story posted on its website late Wednesday night.
The Times reported that the team’s owners are also telling potential bidders that they might sell a portion of their cable network SNY, but that negotiation would take place separately from a deal for the team. The contenders have been told that any deal to sell a minority piece will not include a path to acquire the rest of the team. The $200 million could count as much as a 40 percent share of the club.
