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Saul Katz: 'I have no intention of selling my share of the Mets'

Allison Joyce / REUTERS

Mets president Saul Katz, the brother-in-law of principal owner Fred Wilpon, denied a report that surfaced Monday suggesting the executive is interested in selling his share of the club.

"I have no intention of selling my share of the Mets nor have I ever had any intention of selling my share," Katz said in a statement, via ESPN.

The New York Times reported Monday that Katz is eager to dispose of his shares because "he has grown tired of spending millions to prop [the team] up, according to several people in baseball who have been briefed on the matter." However, it is not yet clear whether Katz has actually tried to find potential buyers.

If Katz, who has overseen the club's finances for years, were to sell his share of the team to someone other than Wilpon, it is unclear if Wilpon would retain his power as the Mets' ultimate decision-maker.

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