IIRC, when the Wrigley family sold the Cubs, one of the reasons given was that because of the Corporate Tax law in effect at the time, you could not claim a team as a tax writeoff if it had lost money for seven years. After that, it had to be delared a hobby. I wonder: If that law is still in effect, and How many years they have claimed Mets losses. (Especially to offset profits in SNY and their Madoff holdings) Later