Fred Wilpon, who has seen his finances stung by the Ponzi scheme involving Bernard Madoff, says the team's cash flow is "OK."
Wilpon is working to sell minority shares in the Mets, each for a total of $20 million and a four percent stake in the team.
He said as many as 12 shares may be sold, which would infuse as much as $240 million into the organization.
"They shouldn't be concerned about us owning the franchise, because we intend to own the franchise for a very long time," Wilpon said in a message to the team's fans.
Via Adam Rubin/ESPN.com
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The Mets will remember Gary Carter by wearing a patch this season bearing his No. 8, according to team officials.
Carter died last week at age 57 after an eight-month battle with brain cancer.
Mets principal owner Fred Wilpon presented the patch to Sandy Carter, the Hall of Fame catcher's widow, after a memorial service Friday night in Florida.
The team also will wear a second patch to recognize the 50th anniversary of the club's inaugural season, in 1962.
Via Adam Rubin/ESPN.com
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Scott Kazmir, who worked out for Major League teams this month, is considering six teams.
The Mets are one of those clubs, according to a report.
Kazmir is expected to make his decision soon.
Via Buster Olney/ESPN.com (via Twitter)
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Mets Feb 2012 Archive
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Associated Press | Feb 21, 2012
Johan Santana hasn't pitched in the Major Leagues since September 2010.
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Adam Rubin/ESPN.com | Feb 20, 2012
Carlos Beltran told Jon Niese before he was traded by the Mets last summer that the pitcher needed "a new nose."
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New York Post | Feb 19, 2012
After dealing with the uncertain futures of Jose Reyes and Carlos Beltran in his first year as general manager of the Mets, Sandy Alderson now has to deal with David Wright.
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Adam Rubin/ESPN.com | Feb 17, 2012
Johan Santana stepped on a mound for the first time since September on Friday at the Spring Training home of the Mets.
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MLB.com | Feb 17, 2012
Johan Santana is scheduled to throw a bullpen session Friday at the team's Spring Training complex.
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ESPN.com | Feb 16, 2012
Gary Carter, who helped the Mets win the 1986 World Series, died Thursday at age 57.
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Ken Rosenthal/FOX Sports | Feb 15, 2012
Bud Selig hasn't yet stepped in and taken action against the ownership of the Mets, but that doesn't mean he won't in the future.
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Jeff Passan/Yahoo! Sports | Feb 13, 2012
Sandy Alderson is on his way to Port St. Lucie, Fla., which has been the focus of his Twitter posts lately.
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Adam Rubin/ESPN.com | Feb 11, 2012
A former executive for a hedge fund started by the owners of the Mets warned them almost a decade ago that Bernard Madoff had to be doing something illegal.
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ESPN.com | Feb 9, 2012
Even Mets general manager Sandy Alderson is poking fun at the team's financial woes.
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Andy Martino/New York Daily News (via Twitter) | Feb 6, 2012
The Mets had been courting Rick Ankiel, who signed a Minor League deal with the Nationals over the weekend.
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Los Angeles Times | Feb 2, 2012
Steven Cohen, who is trying to buy the Dodgers, is on the verge of becoming a minority owner in his hometown Mets.