FanShot

New York Mets Book Value: -$225 million

117
"Now all this debt could very well come crashing down on Wilpon as a result of his involvement with Bernie Madoff. As I wrote earlier, the Mets and their lease to Citi Field are worth about $845 million. But there is $375 million of debt attached to the Mets franchise and $695 million tied to the ballpark, leaving these assets with an aggregate negative book value of $225 million." 2/3/2011 11:27am Note: the author factored in debt service when appraising the value of the Mets, and then subtracted the entire debt from the appraised value to calculate the -$225 million figure.
X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Amazin' Avenue

You must be a member of Amazin' Avenue to participate.

We have our own Community Guidelines at Amazin' Avenue. You should read them.

Join Amazin' Avenue

You must be a member of Amazin' Avenue to participate.

We have our own Community Guidelines at Amazin' Avenue. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9351_tracker