The Mets are pulling out all the stops to attract investors.
The team is trying to line up around 10 minority owners who will each buy a non-controlling stake in the team for $20 million, according to Richard Sandomir of the New York Times.
In return, prospective owners get quite the package of perks:
- Access to Mr. Met
- An official business card that says, "owner"
- Lunch datse with various people, including the team manager (but only during the offseason)
- A trip to one unspecified road game
- A luxury box at Citi Field
- An invitation to a camp-type thing at Citi called "Owners' workout day"
What's not to like?
The $20 million basically constitutes a loan — stakeholders can get their money back after six years at a whopping 3% annual return.
Read Sandomir's entire story here. >>
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