Deals
Mets Fans Beware, Private Equity-Owned Teams Lose on the Field
- Franchise values soar -- even when the team’s record is dismal
- Burkle’s Pittsburgh Penguins stand out with three Stanley Cups
Mr. Met greets the crowd during a game at Citi Field in Queens, New York.
Photographer: Mike Ehrmann/Getty ImagesThis article is for subscribers only.
Long-suffering Mets fans who yearn for the end of the nearly two-decade, often-controversial Wilpon ownership era got welcome news this week.
Harris Blitzer Sports & Entertainment, led by Apollo Global Management Inc. co-founder Josh Harris and Blackstone Group Inc. executive David Blitzer, is preparing a bid to take control of New York’s second-favorite baseball team.