Comments on: Mets’ Chris Young Ends On A High ($350K) Note

By: Lifelongmetsfan

Lifelongmetsfan — Mon, 01 Oct 2012 18:47:14 +0000

Makes sense. Thanks.

By: srt

srt — Mon, 01 Oct 2012 18:13:03 +0000

From what I read most all of that money went towards paying down debt and also operating expenses for the 2012 season. That included the bonds and such due on the stadium.

Mahr’s 20 MIL was the only investor share sold after the season began, as far as I know.
I assume that also went towards operating expense and to pay down debt as well.

By: Lifelongmetsfan

Lifelongmetsfan — Mon, 01 Oct 2012 18:03:59 +0000

Mets borrow $40 Million from MLB

Mets borrow another $25 Million from MLB

Bill Mahr buys $20 Million of Met ownership shares

Total: $85 Million Dollars

I’d like to know how this money was spent.

By: srt

srt — Mon, 01 Oct 2012 15:31:34 +0000

‘…CRG was not brought in to oversee a bankruptcy as first reported, but to stop the bleeding and set the owners on a path of sustainability and future profitability.’

This in itself lends to the fact that the Mets finances were in deep trouble.

I don’t understand the mindset of some that believe their financial woes are behind them.
The path might have been laid out (slashing 50 MIL from the payroll, MLB loan, bridge loan, minority investors, etc., etc.,) but I’m just not seeing how they’re self sustainable yet and/or profiting.

By: jerseymet

jerseymet — Mon, 01 Oct 2012 15:24:59 +0000

So management did the right thing. Young was still cheap. Even including last years 4 or 5 starts. Baseball is filled with teams loaded with young players who’s most redeeming quality is that they are paid the league minimum. Incentive loaded contracts may be a way to keep veteren players on major league rosters. I enjoy seeing veterens comming off the bench. The Orioles are loaded with veterens. It is fun to watch.

By: Lifelongmetsfan

Lifelongmetsfan — Mon, 01 Oct 2012 03:00:40 +0000

Alderson: “Chris thanks for coming here to this dead-in spirit team and pitching for us.
Young: “No Thank you Sandy. No one else would have given me a chance to pitch.”
Alderson: “Well we go way back to that place where you did the thing….”
Young: “San Diego.”
Alderson: Here ya go Buddy!” (hands Young a check for $350,000)
Young: Wow! Thanks Sandy we’re even now!”

By: Lifelongmetsfan

Lifelongmetsfan — Mon, 01 Oct 2012 02:54:40 +0000

“Young is close to GM Sandy Alderson from their days in San Diego,…”
Met GM Sandy Alderson made the decision to let a player reach a contract incentive and be paid an extra $350,000 because the two have a close relationship?
Is this good business? Wouldn’t a better use of that $350,000 be toward reducing ticket prices? Or perhaps purchasing a long term disability insurance policy for your best young player Ike davis as a gesture of apology after disparaging Davis’s reputation by maligning his attitude and work ethic? No, of course not. Why would you want a 3rd year left handed slick fielding 30+ a year home run hitting 1st baseman to sign a long term contract with your team?
Chris Young is a free agent after this season. What possible gain to the Mets have by allowing Young to pitch now? Are the Mets considering signing Young to a contract?
It makes no sense. Alderson’s business plan seems to be built on contradiction upon contradiction cemented with “let’s see what happens.”
Can anyone really, truly make the argument that Alderson has a vested interest in improving the Mets or simply managing personnel for the purpose of treading water….?

By: jessep

jessep — Mon, 01 Oct 2012 02:14:06 +0000

I’m fairly certain Donal is correct here. This is the whole idea with whether the Mets would try to limit KRod’s outings to avoid the vesting option. You can’t really do that.

If the Mets say Chris Young to avoid paying him $350,000 then I am pretty sure it would send a pretty clear message to any player not in a Mets uniform “you don’t wanna come here!”

By: Des

Des — Mon, 01 Oct 2012 02:06:12 +0000

Thanks go to John Delcos, Joe DeCaro and (surprise!!!) Fred Wilpon and Sandy Alderson for letting Chris Young reach his 2012 potential.

Thanks to Chris Young. You’re a gamer!!!

By: Donal

Donal — Sun, 30 Sep 2012 17:01:40 +0000

“Other teams in similar situations have pulled the player so they wouldn’t have to pay the bonus.”

I’m pretty sure the PA put a stop that a long time ago. After all, isn’t that the sort of thing that triggered the Black Sox scandal?

Anyway, good for Young. I didn’t even realize he was near 20 starts. I sure wouldn’t have bet on it earlier in the year.

By: Met Maniac

Met Maniac — Sun, 30 Sep 2012 16:55:20 +0000

Hysterical isn’t it? This guy used to write good stuff, but now all he does is push Alderson and his warped philosophy down out throats.

By: Matt

Matt — Sun, 30 Sep 2012 16:48:21 +0000

“…a reliable arm such as Young’s.” What? If by reliable you mean an arm that you know won’t pitch an entire season or break 85 mph. He’s going to be 34 in May and hasn’t pitched an entire season since’07. He gives up a lot of HR’s and had an ERA north of 4…I doubt contenders will be breaking down his door…he’ll be a Met in ’13.

By: Met Maniac

Met Maniac — Sun, 30 Sep 2012 16:23:59 +0000

Wrong Delcos! We dont need to bring back Young who will command $6-7 million which is more than what Dickey will earn and Niese and Harvey too of course. No thanks!

By: Seligman

Seligman — Sun, 30 Sep 2012 16:15:41 +0000

I remember you called Amazin Avenue out on that and you were lambasted pretty good for it over there for more than a few days. Honestly, I didn’t agree with you either and thought it spelled the end for Saul and Fred. But it turned out you were indeed accurate in your reporting and that they in fact jumped the gun and spread around a lot of bad and inaccurate information.

By: hotstreak

hotstreak — Sun, 30 Sep 2012 16:07:00 +0000

John Delcos: Thanks for the headup on the incentive laden contract. This is the case of the Mets just have established credibility (not an oxymoran in this instance) that if I guy lives up to expectations and it doesn’t involve having an option becoming vested, then they won’t sabotage the incentives in one last opportunity for them (the player) have the incentives materialize. As you pointed out there is some rapport between SA and Young. Maybe he will be back next year on a higher base salary at ML level with more incentives for Young to aim at thereby earning around 3-4 M.