Mets Are up for Sale Again and New Owners Would Take Over Immediately

The New York Mets entered the media spotlight this past week, but not under good conditions. The franchise's sale to billionaire Steve Cohen fell apart due to the Wilpon family wanting control of the team after the purchase and Cohen wanting to drive down the price late in the negotiation process.

Well, the team is reportedly once again up for auction, and there won't be any controversy this time around, hopefully. Whoever successfully purchases the team will reportedly run operations immediately, something which could facilitate a quicker transaction of the team.

While that sounds like a massive defeat for both Fred and Jeff Wilpon, that's not the case. Considering they would step away on this pending sale, the asking price would actually increase from Cohen's $2.6 billion.

There is a risk for the potential next owner, however. An individual with knowledge of the Mets' finances told Bloomberg News that whoever purchases the team would likely lose at least $50 million annually.

Additionally, the Mets' sports network, SNY, will not be included in the sale, which would've been a huge positive for whoever assumed control over the franchise.

Cohen looked to be the best person to become the new owner of the Mets, considering his financial worth and lifelong fandom of the team. But with that deal now dead, Mets fans will keep their eyes peeled for whoever emerges as the favorite once the sales process begins on Monday.

Hopefully the latest alterations to the negotiation process make finding a new buyer a more fluid process this time around.