“The new ownership announcement spells out, even in general terms, a future for the Double-A franchise’s presence in Binghamton.
In May, a lawsuit between the Binghamton Mets owners and a Florida group trying to buy the Double-A franchise ended with general terms on an agreement, but details were kept kept private until the parties could finalize a contract. The settlement agreement was related to a potential sale of the team for $8.5 million.
The prospective owners wanted to move the team to Wilmington, Delaware, but the former B-Mets ownership said they found another buyer who would retain the franchise in Binghamton.”
“The B-Mets have been the Double-A affiliate of the New York Mets since the franchise’s first season in 1992. The most-recently announced player development contract between the New York Mets and the B-Mets runs through the 2020 season. The lease between the team and the City of Binghamton extends through March 31, 2022.”
Source: Binghamton Press & Sun Bulletin
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