Mike Francesa on Mets Ownership News
WFAN Daily
Audacy
3.8 • 795 Ratings
🗓️ 4 December 2019
⏱️ 3 minutes
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Transcript
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| 0:00.0 | Tiki Barber yesterday made some statement about the Mets and a possible sale. |
| 0:04.6 | Here's what's going on with the Mets. |
| 0:06.0 | This is a statement from the Mets. |
| 0:08.2 | The Sterling partners and Steve Cohn are negotiating an agreement in which Steve Cohn |
| 0:12.8 | would increase his investment in the New York Mets. |
| 0:15.9 | As part of that agreement, Fred Wilpon will remain in the role of the control person |
| 0:20.4 | and CEO for five years, and Jeff Wilpon will remain in the role of the control person and CEO for five years, |
| 0:22.7 | and Jeff Wilpon will remain in his role of chief operating officer for the five-year period as well. |
| 0:29.8 | Steve Cohn will continue as CEO and president of 0.72 asset management, |
| 0:35.4 | and his stake in the Mets will continue to be managed by his family |
| 0:38.7 | office, Cohn, private ventures. |
| 0:42.1 | So the investor, Steve Cohn, has negotiated an increasing piece of the New York Mets. |
| 0:53.2 | So the New York Mets, Tiki had something about the Mets being for sale, |
| 0:59.6 | that he had heard something in the financial world. |
| 1:02.0 | Well, he was right. |
| 1:02.8 | There was something going on. |
| 1:04.1 | Here's what's going on. |
| 1:05.6 | The Sterling partners, I'll read it again for you, |
| 1:07.9 | the Sterling partners and Steve Cohn are negotiating an agreement in which Steve Cohn |
| 1:13.2 | would increase his investment in the New York Mets. |
| 1:17.8 | As part of that agreement, Fred Wilpon will remain in the role of control person and CEO for five years, |
| 1:25.4 | and Jeff Wilpon will remain in his role of chief operating officer |
... |
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