By Gabriela Resto-Montero
DNAinfo Reporter/Producer
MANHATTAN — He has a dream.
The son of civil rights leader Martin Luther King, Jr. wants to buy the Mets and become the first black team owner in Major League Baseball, the New York Post reported.
Martin Luther King III, 53, who runs the King Center in his father's honor in Atlanta, was teaming up with other investors including former Met Ed Kranepool, entrepreneur Donn Clendenon, Jr., and TV honcho Larry Meli, to buy up to 25 percent of the team, the Post repored.
King's group reportedly has $1 billion in assetts and the Mets are valued at $858 million, the paper reported.
Team owners Fred and Jeff Wilpon announced that they were looking to sell between 20 to 25 percent of the Mets ownership last week after a trustee for victims of Bernie Madoff's ponzi scheme accused them of profiting from the scam.
Irving Picard, who is charged with recovering victims' losses in the scheme, is reportedly suing Wilpon for $500 to $800 million in profits he alleges the owner made after referring investors to Madoff.
Wilpon has denied the accusations.
