Fred Wilpon: Difference between revisions

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Fred Wilpon is a baseball executive and the owner of the New York Mets. He is a graduate of the University of Michigan.

Biography

Wilpon bought a one-percent stake in the Mets in 1980 when Charles Shipman Payson sold the team, with Doubleday & Co. holding the remaining interest. In 1986, Doubleday president Nelson Doubleday, Jr. sold off his company, and he and Wilpon each bought a 50 percent stake in the Mets to become full partners. In 2002, the Wilpon family purchased the remaining 50% of the Mets from Nelson Doubleday, Jr. for $391 million.

Wilpon served as president of the team between 1980 to 2002, as Chief Executive Officer since 1980 and as Chairman of the Board since 2003. Wilpon currently serves as Chairman of Sterling Equities, while his son Jeff is the COO of the Mets and executive vice president of Sterling.

Personal life

As a teenager Wilpon was a teammate of Baseball Hall of Famer Sandy Koufax on Brooklyn's Lafayette High School baseball team. Wilpon and Koufax remain close friends, with Koufax an annual visitor at the Mets' spring training facility in Port St. Lucie, Florida.

Wilpon was one of the investors who lost money when Bernard Madoff's Ponzi scheme collapsed in December 2008.^[1]

References

^ "Sandy Koufax among those swindled by Madoff". Sports Illustrated. February 5, 2009. Retrieved August 13, 2009.

'All Just One Big Lie', Washington Post, 13 December 2008

[1] "Sandy Koufax among those swindled by Madoff". Sports Illustrated. February 5, 2009. Retrieved August 13, 2009.

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@@ Line 4: / Line 4: @@
 Wilpon bought a one-percent stake in the Mets in 1980 when [[Charles Shipman Payson]] sold the team, with [[Doubleday (publisher)|Doubleday & Co.]] holding the remaining interest.  In {{by|1986}}, Doubleday president [[Nelson Doubleday, Jr.]] sold off his company, and he and Wilpon each bought a 50 percent stake in the Mets to become full partners.  In [[2002 in baseball|2002]], the Wilpon family purchased the remaining 50% of the Mets from [[Nelson Doubleday, Jr.]] for $391 million.
-Wilpon served as president of the team between 1980 to 2002, as Chief Executive Officer since 1980 and as Chairman of the Board since 2003. Wilpon currently serves as Chairman of [[Sterling Equities]], while his son, [[Jeff Wilpon|Jeff]] is the [[Chief operating officer|COO]] of the Mets and executive vice president of Sterling.
+Wilpon served as president of the team between 1980 to 2002, as Chief Executive Officer since 1980 and as Chairman of the Board since 2003. Wilpon currently serves as Chairman of [[Sterling Equities]], while his son [[Jeff Wilpon|Jeff]] is the [[Chief operating officer|COO]] of the Mets and executive vice president of Sterling.
 ===Personal life===