Wilpons to sell controlling interest in Mets (or maybe not)

nighthob

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Is that true? How do the gains not get clawed back? I’m guessing the law doesn’t work that way, but it seems like a bs way to handle a Ponzi scheme fallout.
The scummy Wilpons fought in court for the right to treat their unrealized gains as losses. As bad as Cohen is, he is 1897% less scummy than the Wilpons. I mean including a clause that says that they get to remain in charge after selling the team to someone else screams fraud.
 

johnmd20

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Is that true? How do the gains not get clawed back? I’m guessing the law doesn’t work that way, but it seems like a bs way to handle a Ponzi scheme fallout.
A lot of it was too long ago. The more recent gains were clawed back, but, even then, the Wilpon's were net winners, not losers, even with the settlement they had to pay.
 

Average Reds

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I admittedly don’t know the story of the Wilpons that well but I feel comfortable saying that this isn’t true.
The Wilpons were not just beneficiaries of Madoff's scam, they were fund promoters. Which is just one of many reasons I'm not as comfortable saying it isn't true.

It may be. I'm just saying it's not clear-cut to me.
 

Cesar Crespo

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If there's one thing I regret with Cohen not taking over the Mets, it's that an MLB owner with decent taste in art would run a team. They could get a much more avant garde home run sculpture for CF.
Wasn't that Jeffrey Loria's thing? That didn't work out so well.
 

OCD SS

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Wasn't that Jeffrey Loria's thing? That didn't work out so well.
Because Loria has crappy taste. OTOH the number of artists who would take on such a commission is probably limited to someone engaged with over the top kitsch like Red Grooms. Maybe you could get Richard Serra to do the outfield walls, but I doubt Martin Puryear takes this on. Maybe you could get Isa Genzken to do something interesting with integrated advertising...
 

Marciano490

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Because Loria has crappy taste. OTOH the number of artists who would take on such a commission is probably limited to someone engaged with over the top kitsch like Red Grooms. Maybe you could get Richard Serra to do the outfield walls, but I doubt Martin Puryear takes this on. Maybe you could get Isa Genzken to do something interesting with integrated advertising...
Not a Koons fan?

That Wilpon/Madoff story is wild. Can’t believe Rakoff signed off on all that. He’s supposed to be the smartest dude on the Southern District.
 

Marciano490

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Definitely not.
Maybe they can throw a Damien Hirst out there. A bloated, dissected whale just screams Mets to me.

Side note - if you haven’t already, check out The Price of Everything documentary on HBO. It does a nice job making Koons look like a silly jumped up wolf of Wall St. cum artist.

Cum in the Latin sense, not an artist whose medium is semen.
 

OCD SS

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Hirst has always struck me more as a natural promoter who came out of art school, so he made art. I think Koons’ early work were strange objects that tapped into something that aligned with their time in a way that people didn’t see coming; I guess the best art is like that (even if I don’t like it). His later work just slid into easy commodification. People will argue that that is kind of what the work is about, but it’s devoid of any such critique that might give it bite; he’s producing generic pablum to print money just like Disney has done with Star Wars movies.
 

DourDoerr

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Ha - I like the idea of Serra doing the outfield walls which would give Wrigley's bricks a run for their money. Fred Lynn wouldn't have lasted a month.

I'm kind of beaten down regarding art and sports. I never like what they create. It's always garish and ugly. I don't mind garish and ugly, but they can't even do garish and ugly right.
 

jon abbey

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Serra in this context makes me think of the hill they had in CF in Houston for a few years, I imagine some Serras in dead center field, with the CF having to find his way among them. This is obviously a ridiculous idea but would be very entertaining if no one cared about the outcome of games.
 

Marciano490

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Hirst has always struck me more as a natural promoter who came out of art school, so he made art. I think Koons’ early work were strange objects that tapped into something that aligned with their time in a way that people didn’t see coming; I guess the best art is like that (even if I don’t like it). His later work just slid into easy commodification. People will argue that that is kind of what the work is about, but it’s devoid of any such critique that might give it bite; he’s producing generic pablum to print money just like Disney has done with Star Wars movies.
It’d be cool to have those Koons works where the viewer sees himself looking at the piece. Imagine a fielder going back for a fly ball only to find himself lost in something like a hall of mirrors.
 

shaggydog2000

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It’d be cool to have those Koons works where the viewer sees himself looking at the piece. Imagine a fielder going back for a fly ball only to find himself lost in something like a hall of mirrors.
The gazing balls? I think that may result in some protests from batters. But I'd allow it if the gazing ball was placed on a giant painting of new owner A-rod as a centaur in centerfield. Or maybe a painting of A-rod kissing himself in a mirror, but the mirror was also partially a mirror. It would be captivating, and a true home team advantage.
 

shaggydog2000

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The Gazing Ball sculptures are just terrible.
It's the epitome of shallow work turned out for commercial purposes by a name artist. Bland copies of existing art made by a nameless studio grunt with a shiny ball and Koons' name attached to them selling for millions.