Comments on: Rejuvenated Mets Owners Pay Off MLB and Bank of America Loans

By: GW

GW — Tue, 20 Mar 2012 13:02:11 +0000

Well the team is going to lose money again this year as revenue will be lower than last year as the team slips into at best, second to last place in the NL East… at best… so they aren’t going to have payroll flexibility going forward either.

I know they cut the payroll 50 million or so, but they lost 70 million last year on inevitably higher revenues.

They may love the team but they love themselves more, its being selfish keeping a team together that’s an embarrassment like this.

By: Des

Des — Tue, 20 Mar 2012 12:43:29 +0000

I wish the Wilpons the best of luck to go along with all their hard work. Sometimes decent people like the Wilpons are viewed with suspicion by those folks whose lives are not as rewarding. The Wilpons now deserve our complete support.

By: Alex68

Alex68 — Tue, 20 Mar 2012 12:41:48 +0000

So basically you’re conceiding the 2012 season?? SMH… But it comes as no surprise, you’re not alone brandon… We’ll see the genius is action as we all wanted him to be right??

By: Brandon Butler

Brandon Butler — Tue, 20 Mar 2012 12:18:39 +0000

Thats great! Now they can focus on the future and build an even better team for 2013-14.

By: srt

srt — Tue, 20 Mar 2012 12:04:33 +0000

Just goes to show you that the media doesn’t always have all the details.
WIlpons managed to have 5 more investors waiting in the wings that no one reported on.
Tells me that none of us are ever going to know exactly what went on, what’s going.

Wilpons still have a ton of debt. Almost too much to sell and come out on top.
So in my simple business mind, the only way to start reducing that debt is to get revenues back up.
The higher the revenues, the better the team must be, right?
Here’s hoping both happen sooner rather than later.

By: Alex68

Alex68 — Tue, 20 Mar 2012 11:40:09 +0000

All the money they were pocketing it’s been used to pay off debts… Very nice i guess… Still 69-93 this year and less than 2 million people in the ballpark.. that is my prediction…