WILL BIDDERS BE FLYING COACH AFTER PURCHASE OF JETS?

          The prospectus written for the sale of the Jets shows
     that the team "lost" $8M for the year ended February '98 
     and has "produced modest returns" by NFL standards,
     according to Richard Sandomir of the N.Y. TIMES, who writes
     that the prospectus indicates the team "lacks the robust
     stadium revenues that some of the league's most valuable
     franchises enjoy."  The Jets earned $24.3M last season, but
     the figure was "inflated by a one-time payment" of $16.8M
     for each team's share of the Browns' franchise fee.  For
     this season, the Jets "project a net profit" of $5.4M.
     Though a $500M sale price has been suggested, Sandomir
     writes that the detailed figures in the prospectus "raise
     significant questions about the real market value of the
     team."  Goldman, Sachs & Co. has already "reduced" the
     number of potential buyers for the Jets to between six and
     eight, and two of the "suitors" have said privately that the
     "bottom-line reality contained in the prospectus does not
     support a $500 million bid" (N.Y. TIMES, 10/14).