The Consortium

[Edgy MD]

Spotting a three billion asking price in the other thread, I tried to assemble a consortium of Mets-loving funny folks to pull the switch on a purchase. I figured if I got three billion in net worth (and why shouldn't I trust the internet for providing accurate figures on net worth?), they could all put up half, and finance the rest. That's certainly more than the Wilpon/Katzes ever did.



That said, I had to branch out beyond funny folks into not-so-funny folks into kinda-douchey folks. Nicki Minaj is annoying, and I can't think of anybody who likes Ed Sheeran but the guy is loaded. Bill Maher is a tool but he's already in the fold. I don't know who Dylan O'Brien is, but he strikes me as somebody who, if he was in the room, I wouldn't be able to enjoy a game. But I don't know, so I gave him the benefit of the doubt.



I drew the line at Governor Chris Christie because he's Governor Chris Christie.



Also worth keeping in mind: the price tag is somewhat (a small somewhat) lower because of Maher's shares already being purchased. Sweet!

	Big Shot		Reported Net Worth
	Jerry Seinfeld		$950,000,000
	Adam Sandler		$450,000,000
	Matthew Broderick		$170,000,000
	Ed Sheeran		$160,000,000
	Ray Romano		$130,000,000
	Chris Rock		$100,000,000
	Bill Maher		$100,000,000
	Jon Stewart		$80,000,000
	Kevin James		$80,000,000
	Hank Azaria		$80,000,000
	Nicki Minaj		$80,000,000
	Mark Anthony		$80,000,000
	Tim Robbins		$60,000,000
	George Thorogood		$60,000,000
	Edie Falco		$50,000,000
	Glenn Close		$50,000,000
	Sigourney Weaver		$50,000,000
	Jimmy Kimmel		$45,000,000
	Hillary Swank		$40,000,000
	Viggo Mortensen		$30,000,000
	Trevor Noah		$30,000,000
	Clare Danes		$30,000,000
	Marisa Tomei		$20,000,000
	Sebastian Maniscalco		$16,000,000
	Amy Schumer		$16,000,000
	Kristin Chenoweth		$16,000,000
	Julia Stiles		$12,000,000
	John Oliver		$10,000,000
	Dylan O'Brien		$7,000,000
	Gabby Douglas		$4,000,000
	Richard Kind		$3,500,000
	Jim Breuer		$3,000,000
	Total		$3,012,500,000

[kcmets]

Maybe thecranepool can float a bond issue and see if we can nuzzle in there between

Gabby and Dylan. I got $20 cranebucks doing nothing!

[Ceetar]

come on. You can't have Oliver and Stewart on there without Colbert.

[Edgy MD]

I didn't know that Colbert was in the fold. He would come with another $60,000,000 in capital.



I'm pretty sure that Noah had to submit in order to get his job. He may be a Met fan under duress.

[Centerfield]

Is Susan Sarandon herself a Mets fan? Or did she only come to games because of Tim?

[Lefty Specialist]

There's something wrong with America when Jim Breuer is worth $3,000,000.

[Benjamin Grimm]

Are guys like Mike Piazza and David Wright eligible for this list?

[Edgy MD]

I guess. Especially if they actually would be seriously interested. I originally started out just trying to build a coalition of the funny.



I realize entertainers can be reprehensible, and some of these likely are, but I'd really like to stay away from hedge fund managers if I can help it.

[Lefty Specialist]

Irony alert: Carlos Beltran is worth $80 million.

[Edgy MD]

Ed Kranepool isn't as cute as Gabby Douglas but he's still worth a cool $14,000,000.

[LWFS]

The comics should pretty much be able to finance this between them, no?

[nymr83]

Seinfeld should be able to do this himself with financing and some silent partners, right?

[MFS62]

If I hit a big Power Ball or Mega Millions jackpot, I hereby promise to sweeten that pot.

Later

[Edgy MD]

=nymr83 post_id=31549 time=1581475584 user_id=54]
Seinfeld should be able to do this himself with financing and some silent partners, right?

[MFS62]

Edgy MD wrote: But everybody getting together and splitting the risk ... that's got to have some appeal, right?

Yes.

Later

[Ceetar]

Edgy MD wrote: But everybody getting together and splitting the risk ... that's got to have some appeal, right?

but who's the control person! (my votes for Stiles, but that's probably gonna be my vote no matter what the question is)

[Willets Point]

Mets President Julia Stiles greets the media on the first day of Spring Training.

https://66.media.tumblr.com/310aef5402d5bed61383c8abe8dc4637/tumblr_mti0nxEOQu1sf0am7o1_500.gif>

[Benjamin Grimm]

I know this thread is just for fun, but I'd rather see a deep-pocketed billionaire buy the team than a bunch of celebrities who may be overextending themselves. We'd be left with the same situation we're in with the Wilpons, only less smarmy.

[batmagadanleadoff]

Benjamin Grimm wrote: I know this thread is just for fun, but I'd rather see a deep-pocketed billionaire buy the team than a bunch of celebrities who may be overextending themselves. We'd be left with the same situation we're in with the Wilpons, only less smarmy.

Totally agree. This is exactly what I was thinking as I was reading this thread. I just kept it to myself because, like you also said, it's just for fun.

[Edgy MD]

Well, I don't think they'd be overextending themselves, depending on how responsible they are with money.



How much real capital do you think Fred and Saul and Jeff put up? Probably less than what would be Seinfeld's share alone.



Do I think they'd put competent management in place? I have no idea. And obviously, something like this is unlikely to happen anytime soon except in Funland. I do know that I'm not optimistic about Mr. Cohen being an answer to my fondest hopes.

[Centerfield]

The Wilpons put up significantly less capital because the team wasn't valued anywhere near $3 billion until now. And if the incoming owner has to leverage a significant portion of the purchase price while also not collecting market level TV revenue, that owner will be handcuffed in terms of revenue similarly to how the Wilpons are now handcuffed.



Our new owner has to be flush, and needs to be able to supplement the loss of TV revenue that will continue the line the Wilpons' pockets for the near, and not-so-near future.

[MFS62]

What may be lost in all of this is the statement that the Mets are losing $50 million per year.

Just guessing that is probably because the Wilpons are not allowing the team to be paid what they should be from their TV outlet SNY.

That is also what allows them to plead poverty when the entire Mets/ SNY conglomerate is most likely operating at a huge profit. And that is also why they wanted to shield SNY from this deal with Cohen.

Any prospective buyer should lock up a decent payout from SNY before they commit to a deal.

Better yet, threaten to start their own network to carry the games and lower the bid. (If nothing else, it will scare the crap out of Fred and totally confuse [CROSSOUT]Fredo[/CROSSOUT] Jeff, who probably can't count to eleven without dropping his pants.)



Later

Edited February 12, 2020 by Guest

[nymr83]

yeah they're losing 50 million... which includes a well-below market TV deal, parking and concessions fees somehow going directly to Wilpon's pockets, overpaid Wilpon and Katz family members permeating the organization, merchandising handled by "JeffWilp Inc." etc.



I dont trust their books at all.

[Ceetar]

other numbers "leaked" during the initial story about the sale said 60 million over 2 years I think. It's all made up bs though. Add up all the expenses on one side for everything, count them strictly against gate sales or something. Ignore money from MLB, from naming rights, from parking. different 'entities'.



I mean, it's the same math that always tripped of Megdal back with the Madoff/frozen assets stuff. The Mets ,and the aggregate media, were repeating exaggerated numbers to cry poor (Especially they were trying to mitigate responsibility by playing the victim too) The franchise value grows by millions every week. Hell, just the PECOTA predictions may already bump them up. 75% of a playoff berth and that windfall? that's valuable.



It's all nonsense. All of it. we know less than we even think we do.



I'm sure there's some gray area to the "family wants to sell" bits too. It doesn't matter who's running the Mets or how poorly. Very few things gain value like this. The Mets make a playoff run this year they probably get another 50 million each, easy, in a sale. Who's in a hurry to get out from under that?



Losing money. That the media repeats this claim with no fact checking is ridiculous.