Mets exploring partial sale of team (AP)

[ASFN Admin]

The New York Mets are exploring a partial sale of the team as they face a lawsuit from a trustee trying to reclaim money for victims of the Bernard Madoff swindle. Court-appointed trustee Irving Picard has said the Mets made nearly $48 million in Madoff's scheme. He said the Mets originally invested about $523 million, but eventually withdrew about $571 million from the accounts.

More...