Mets Set to Match 2010’s $50 Million Loss, New York Times Says
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The New York Mets lost almost $50 million in 2010 and stand to lose a similar amount this season, the New York Times said, citing two people familiar with the Major League Baseball team’s finances.
The owners of the Mets are trying to sell a portion of the team as they fight a $1 billion lawsuit tied to the Bernard L. Madoff Ponzi scheme.