Mets May Post Loss of $70 Million in 2011, Fortune Reports
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The New York Mets may post a net loss of as much as $70 million this year after losing $50 million in 2010, Fortune reports.
The Major League Baseball team’s debt is almost $625 million, about $200 million higher than previously believed, Fortune said on its website, citing a potential minority investor who spoke on the condition of anonymity.