Sunday, January 30, 2011

Martin Luther King III buying the Mets


A published report Sunday said Martin Luther King III is interested in buying a share of the New York Mets.


The son of the former civil rights trailblazer, Martin Luther King Jr., and television executive Larry Meli are reportedly part of a group trying to become part owners of the Mets, according to the New York Post.

The paper quotes Meli saying the group wants to purchase 50 percent of the team and that it would be “fitting with the legacy of Jackie Robinson essentially transferring to the Mets.”

Long Island businessman Martin Silver also said he wanted to meet with the Wilpons to discuss buying a piece of the franchise.

Silver, who owns the Georgi vodka brand, said he wants Mets fans to “believe again.”

“We don’t want the Yankees to get all the publicity with all the millions and millions of dollars they’re spending,” he said.

The Mets are apparently under pressure as a result of a lawsuit from the trustee trying to reclaim money for victims of the Bernie Madoff ponzi scheme. On Friday, Owner Fred Wilpon and his son, Jeff, announced they were exploring a partial sale of the team that would raise several hundred million dollars.

Fred Wilpon said the Mets were looking to sell a non-controlling interest of 20 to 25 percent and he did not envision giving up control of the franchise, which his family first bought into in 1980.

AP



Mr. Met has made an official comment on the possible sale of the team, "I like it!"
                                                                          

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