Mets explore selling stake

Updated: January 29, 2011, 2:39 AM ET
By Adam Rubin | ESPNNewYork.com

The Wilpon family, stung by losses and litigation stemming from convicted swindler Bernard Madoff's Ponzi scheme, is considering selling a minority stake in the New York Mets to infuse cash into the organization.

Principal owner Fred Wilpon and chief operating officer Jeff Wilpon announced Friday they had hired former deputy baseball commissioner Steve Greenberg, the managing director of Allen & Company, to explore "potential options including the addition of one or more strategic partners."

The ...

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