Report: Huffington Post Co-Founder Kenneth Lerer Now A Minority Owner Of The Mets

Ken Lerer and media executive Bob Pittman combined to put up $20 million for what is said to amount to 4 percent of the team, one of 12 minority stakes the Mets sold last week for a total of $240 million. The Mets may struggle on the field this summer, but the move makes them instant contenders in search engine optimization. [ WSJ]