According to numerous sources, billionaire casino magnate Sheldon Adelson and personal equity giant Silver Lake Partners are accompanying the group led by Josh Harris and David Blitzer in their pursuit of the Amazins.
Considering that the 86-year-old Adelson deserves an approximated $30 billion and that Silver Lake is a $43 billion fund long rumored to have an interest in an expert sports group, their massive combined wealth would provide the first real risk to Steve Cohens status as front-runner for the team.
Sheldon Adelson (with President Trump in December) is signing up with the Josh Harris-David Blizter group bidding on the Mets.AFP by means of Getty ImagesSilver Lake has actually long been in pursuit of a pro sports franchise. As The Post reported, the private equity titan even kicked the tires on buying out Knicks owner James Dolan at the end of 2019. In a declaration to The Post, Silver Lake shot down reports of its involvement, composing “Any claim that Silver Lake is making or signing up with a bid for the NY Mets is completely false and inaccurate.”
Ought To Adelson and Silver Lake toss their complete weight behind Harris and Blitzer, the owners of the New Jersey Devils and Philadelphia 76ers would leap in front of Cohen as the deepest-pocketed group bidding on what would be their 3rd major sports franchise.
Adelson is a sometimes dissentious figure who comes out of the gambling world and might possibly have a challenging time getting through the approval process by MLB owners. Being a restricted partner would provide him a stake in a team without the headache of approval.
A mystery bidder for the Mets has actually been exposed, but its not a new group, its merely huge brand-new gamers.
