Showing posts with label Ownership. Show all posts
Showing posts with label Ownership. Show all posts

December 30, 2014

How Jeff Wilpon's Twitter Account was Accidentally Revealed

At around midnight Eastern time last night, the community known as #MetsTwitter struck again. A Twitter account called "InMetsWeTrust" stumbled upon what Appears to be the Twitter account of Mets Chief Executive Officer Jeff Wilpon . 

Likely by searching "Wilpon" on the social networking sight, the user came across an account called "Awilpon4" which Appears to be Jeff Wilpon's daughter Amanda. They then noticed a picture Amanda had posted wishing her father a happy birthday, which can be seen below:

Unless Amanda got her father's twitter name wrong, he appears to have an account called "Jeff Scott." His profile is private, so only those he authorizes can see his tweets, but it did not take long for his account name to spread across the Mets fan twitter community. As soon as they discovered the account, InMetsWeTrust tweeted it out to their 5,000 followers:
Disgruntled Mets fans began tweeting at Wilpon shortly after, about things like their interest in Troy Tulowitzki ...
... their general disapproval of the team ownership's tactics ...
... and the recent discrimination lawsuit filed against the ownership. 

photo: NorthJersey.com
It's safe to say that when Jeff and his daughter wake up today they will be very unhappy, and it should not be long before the account is deleted. I'm not sure what he expected when he created a twitter account with His real name and "mets" in the username.  Mets fans have, for the most part, been very unhappy with the Wilpon's management tactics for years, and while that probably peaked a couple years ago it is certainly still felt today. 

Update: It is despicable and abusive to harass Jeff's daughter as some have recently done on Twitter. I will personally be reporting each and every instance of harassment I come across and urge everyone to realize these are people and that his daughter has NOTHING to do with the team or her father's business ventures. 

March 21, 2012

Mets Ownership Settles Madoff Suit, Pays Off Portion of Debt


Mets Ownership and trustee of the “Madoff recovery “suit Irving Picard finally reached an agreement this past Monday. The settlement entails the owners paying $162M (much less then predicted), most of which they expect to receive via “Madoff loser funds”, set up to assist those who lost money in the $64 billion Ponzi scheme.


Then yesterday, in response, the Owners finalized the sales of 12 minority shares of the team totaling $240 million. They then used that money to pay off loans obtained through Major League Baseball and Bank of America—a total payback of around $65 million.

These are huge steps toward the Wilpon and Katz families retaining ownership of the Team for years to come. Though not what myself or many other fans want to hear, this news is encouraging in terms of a successful season this year. Hopefully—as they are expected to—Ownership will pump that of the newfound cash directly into the team’s payroll and therefore quality of play.

February 16, 2012

Mets' Ownership Situation


As part of their ploy to hold control of the team, it appears that the team’s current ownership is close to finalizing the sales of 10 minority shares of the club. The sales of $20 million dollars each will give the ownership some quick cash to pay off loans, while keeping them majority owners.

SNY (the New York sports TV network devoted to and originally created for the Mets) will reportedly purchase four shares, a move to be financed by Comcast and Time Warner Cable—which own a combined 30% of the TV network. Should the deal be completed, SNY will own 16% of the team. In terms of a reason for the move, as sports media investor Chris Bevilacqua put it: “Their interests are aligned with the team’s doing well”.

According to many, the sales will be finalized before the end of February, and just in time for Spring Training.