From the article...
The Jets, not surprisingly, dismissed the merits of Cablevision's offer. "It doesn't matter what number Cablevision pulls out of thin air, because their proposal isn't real, and the M.T.A. will see right through it," said Matt Higgins, a Jets vice president.
Soooo....an all cash, non-contingent offer that outbids the Jets by $40 million isn't a "real" proposal?
What's that old saying? ...something about a river in Egypt?