The Jets "officially went on the market" last Friday,
as the team announced that, "in compliance with the wishes
of former Owner Leon Hess," it will be put up for sale,
according to Dave Hutchinson of the Newark STAR-LEDGER.
Goldman Sachs will handle the sale, and "it is believed"
that bids will be accepted "immediately." Jets President
Steve Gutman will continue to head up business operations
for the team and assist the Hess estate and Goldman Sachs in
the sale. Hutchinson wrote that because there is no family
member "in the mix," the sale "is expected to move rather
briskly and smoothly" (STAR-LEDGER, 5/22).
WHO'S IN THE MIX? Devils Owner John McMullen said that
he's "still steaming" over the way the sale of the Redskins
was handled and is "not sure if he's interested" in bidding
for the Jets. McMullen: "Certainly, having been involved in
the last auction (for the Redskins) with Morgan Stanley, if
it's anything like that, I don't want any part of it. It
was totally unfair. They only presented one proposal to the
trustees after all that work we put into making a bid."
McMullen added that he thinks the sale will take "a long
time" (Newark STAR-LEDGER, 5/23). People close to Mets co-
Owner Fred Wilpon said "he'll definitely consider" buying
the Jets, but he hasn't commented yet (N.Y. POST, 5/24).
