We kinda knew this but..via The Real Deal.
For a decade, the 58-year-old has been running a separate company that develops stadiums, complexes, and other related real estate for a fee from sports teams and leagues, according to Bloomberg.
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SPD is also consulting with Major League Soccer to develop stadiums and has made deals to develop new headquarters for the National Hockey League and Major League Baseball in Manhattan.
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“I am not out there gunning to pay the highest price for a piece of dirt to go be the developer,” Wilpon said. “I think the business is good enough the way it is that if we keep growing it and it’s organically growing, we’ve got plenty of things to do.” [Bloomberg]