The Syracuse Chiefs have sent out a notice indicating that the New York Mets are offering $18 million for the Syracuse Chiefs.
The sale price would yield $1,400 per share for shareholders.
The Chiefs shareholders will have a meeting Friday, Nov. 17 to determine whether or not they approve of the deal.
The Mets have agreed to operate the Chiefs through the 2025 season.
Prominent politicians like Governor Andrew Cuomo and Senator Chuck Schumer applauded the deal.