[net-gold] SPORTS: BASEBALL: PROFESSIONAL : GOVERNMENT : BANKS AND BANKING: New York Mets Getting Big Taxpayer Bailout
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Digital Divide Diversity MLS <mls-digitaldivide@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports Tourism <healthrecsport@xxxxxxxxxxxxxxxx>, Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Tue, 1 Mar 2011 17:44:08 -0500 (EST)
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SPORTS: BASEBALL: PROFESSIONAL :
GOVERNMENT :
BANKS AND BANKING:
New York Mets Getting Big Taxpayer Bailout
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New York Mets Getting Big Taxpayer Bailout
Mar. 1 2011 - 9:41 am
Brian Caulfield
Shiny Objects
Forbes
http://blogs.forbes.com/mikeozanian/2011/03/01/
new-york-mets-getting-big-taxpayer-bailout/
A shorter URL for the above link:
http://tinyurl.com/6f2nrte
I realize Major League Baseball has the broadest antitrust exemption in
professional sports. But when banks like JPMorgan Chase, Citigroup and
Bank of America that have received over $200 billion in bailout help are
propping up teams like the Texas Rangers (prior to the teams sale in
bankruptcy court last year), Los Angeles Dodgers and New York Mets with
direct loans to the teams or via the leagues credit facility, shouldnt
congress be asking some questions?
Financially-strapped Mets seeking another loan to cover costs
USA Today
http://content.usatoday.com/communities/dailypitch/post/2011/03/
financially-troubled-mets-seeking-another-loan-to-cover-costs-/1
A shorter URL for the above link:
http://tinyurl.com/6gphnm7
This comes shortly after it was revealed that MLB loaned Mets owner Fred
Wilpon $25 million in 2010. It was the second time that Wilpon borrowed
from MLB. He previously borrowed $50 million.
The Mets have totaled $505 million in debt. However, the frachise is worth
about $800, so theoretically, the Mets can still take on more debt.
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://daviddillard.businesscard2.com
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