How rich is Stuart Sternberg?
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Sternberg’s passion for baseball acquired as a youngster while playing the game in the streets and playgrounds of his neighborhood. Among Sternberg’s most cherished memories is of seeing Sandy Koufax pitch while attending his first Major League game, together with his dad, at Shea Stadium in 1965. Sternberg has played in various organized baseball leagues over his life , and it has trained his two sons’ Little League teams for five years. In 1978, Sternberg started his professional career trading equity options part time in the American Stock Exchange while attending St. John’s University, where he earned a degree in financing. After school, Sternberg was hired by investment group Spear, Leeds & Kellogg, finally being a partner in the business before going to Goldman Sachs, retiring from that business as a partner in 2002. He’s served on several committees and advisory boards in the financial securities industry. He’s stayed a low key owner, who now sees his primary aim with all the team as receiving their financing in order. In February 2011, an article in Business Insider supposed that Sternberg can be a prospective owner of the New York Mets. Yet this was proven incorrect in a current interview. He explained he was happy with all The Rays and does not have any interest in purchasing any team. In a June 2011, Tampa Tribune interview he explained “I understand we can not keep ourselves like this. It hasn’t gotten better. If anything, it is worse. To run a payroll like is done now, essentially the second-lowest in baseball, and just keep our nose above water, we can not keep up that. Baseball is not likely to stand for this anymore. Plus they will find a spot for me personally. They will not find a spot here though.” He further reiterated his position and raised the specter of move after the Rays were eliminated in the playoffs that season. Yet he’s said several times that he’s remaining together with the team plus they’re not going anywhere within the forthcoming years.