Comments on: Is Mets Financial Situation Better Than What’s Been Reported?

By: tlagee

tlagee — Wed, 05 Dec 2012 23:55:07 +0000

As I always say – we are in the number one baseball market in the world and we have owners that have set the budget at a mid-level team rate.

To own a team in New York brings along a certain responsibility. I’m not saying that we should be like the Yankees and buy everyone in sight but certainly the Wilpons should understand that it takes money to make money.

Being held hostage with expensive back loaded contracts isn’t a smart move – but putting on a team that will contend year in and year out should be a priority in New York and certainly would be the easiest way to fill the stadium. We haven’t been in the playoffs for six years and right now it looks like it will be at least another two years before that will happen.

Despite what they did with Wright, the Wilpons are costing themselves tens of millions of dollars in lost revenue and offering us a non-competing team.

It’s not fun.

By: Mr North Jersey

Mr North Jersey — Wed, 05 Dec 2012 23:10:45 +0000

Again unless you can see their books it is all speculation how well the Mets situation is. Historically the Mets have for the most part always spent when it came to payroll at least until the recent Madoff incident. What remains to be seen with the clawback attempt now resolved out of court is will the team have the means going forward?
Signing Wright is 1 step in demonstrating that may be the case but in my opinion we really won’t know until a year or two down the road as far as spending is concerned. I read somewhere that payroll in 2013 may end up slightly higher than the $100M that was earlier reported. Now is that including say money set aside for mid season acquisitions or the draft? Since these figures tend to often include such detail I don’t know.
Wright clearly stated that before his agents sat down to work out the extension he 1st had to be convinced that the Mets had a plan they are trying to implement with hopes of winning and he came away confident in what he heard. Now maybe the got the Loria/Bienfest treatment. If so he will soon know but I think the Wright signing is a good sign going forward.

I look forward to one day hopefully watching the Mets win another W.S. with Wright in a Mets uniform.

By: jessep

jessep — Wed, 05 Dec 2012 19:52:38 +0000

I’m on fire today then.

I only heard Francona & Wright’s interview on my way to and from a meeting

By: Fonzie13

Fonzie13 — Wed, 05 Dec 2012 19:50:31 +0000

Alderson said the same thing a little while ago on Francesa’s show. This wouldn’t have been possible 2 years ago.

By: jessep

jessep — Wed, 05 Dec 2012 19:49:55 +0000

nice – Ed & I are like 2 peas in a pod then lol

By: Fonzie13

Fonzie13 — Wed, 05 Dec 2012 19:48:35 +0000

Joey D seems to believe everything Megdal writes. He’s always posting his articles here. Howard Megdal shouldn’t be allowed to write about the Mets or anything else for that matter. The guy is a clown and a fraud.

By: srt

srt — Wed, 05 Dec 2012 19:37:38 +0000

‘If you ask me gun to my head, winter 2011 – I say Wright isn’t signed. I think Reyes was mostly a casualty of the circumstances.’

Ed Coleman said as much on SNY earlier.

By: jessep

jessep — Wed, 05 Dec 2012 19:32:15 +0000

Speaking of self promotion

http://metsmerizedonline.com/2012/02/the-aftermath-of-megdal-media-day.html

Check that out and make sure you read comments by Megdal himself. That day and the days leading up to it were probably the most fun I ever had at MMO. Joe D and I were blasting this guy.

By: Hodges14

Hodges14 — Wed, 05 Dec 2012 19:28:47 +0000

Clearly the Wilpons are swimming in billions of dollars. What we need now is for them to resume spending what is needed to bring a championship to Flushing. I hope they plan to use the 4 years of prime production left in Wright to win and stop hoarding prospects. We are officially a win now team with this Wright deal. It’s now or never.

By: Hodges14

Hodges14 — Wed, 05 Dec 2012 19:22:46 +0000

The guy is a fraud. He sucked us all in and them it turns out it was all BS. I’m surprised he still has a job with Lohud, but then again who reads Lohud.

By: kevin

kevin — Wed, 05 Dec 2012 19:15:26 +0000

“The author’s desperate self-promotional campaign for relevance has led to perpetuating baseless speculation and complete inaccuracies.”

Lol, the Mets must hate that guys guts!

By: jessep

jessep — Wed, 05 Dec 2012 19:03:53 +0000

right – this was actually what stemmed the domination. We had a nice little twitter battle over it. One of possibly 3 time Joe D and I have been on the same side of an argument lol

By: BadBadLeroyBrown

BadBadLeroyBrown — Wed, 05 Dec 2012 19:02:04 +0000

And he wondered why the Mets took his team Credentials away….
http://observer.com/2012/02/howard-megdal-mets-banned-02062012/

Shotty journalism maybe

By: jessep

jessep — Wed, 05 Dec 2012 18:59:44 +0000

“Sterling Equities has over $4 billion dollars in value”

Exactly my point so if you’re being sued for 25% of your company, you don’t go and spend another $100m on a baseball player who’s value like a car will drop pretty rapidly.

That lawsuit left a cloud of uncertainty on their wallets and portfolio. It took way too long to settle and making drastic $ moves like say Jose Reyes wouldn’t have been wise.

If you ask me gun to my head, winter 2011 – I say Wright isn’t signed. I think Reyes was mostly a casualty of the circumstances.

By: BadBadLeroyBrown

BadBadLeroyBrown — Wed, 05 Dec 2012 18:58:59 +0000

LOL….I never thought about that but it is definitely True….They do say how much we talk about Sandy and should move on but never to SRT with her Mets are broke conspiracy theories lol…..

By: Alex68

Alex68 — Wed, 05 Dec 2012 18:57:30 +0000

Are you leroy???? Don’t tell me to move along, i don’t tell you to move along ok, i find that very disrespectful coming from someone who often cries wolf about how some people mistreat you.. Same thing your leader says to us is the same we say to you.. Don’t blame the wilpons on this one, BLAME trs

By: jessep

jessep — Wed, 05 Dec 2012 18:57:19 +0000

William – Joe D & I dominated Megdal on all that stuff.

By: Hank

Hank — Wed, 05 Dec 2012 18:54:47 +0000

The last few years most Mets fans have probably spent more time worrying or trying to figure out the Wilpons’ finances than thinking about baseball. I just hope baseball comes back soon. And I don’t mean what we have been putting our there the last two years.

By: srt

srt — Wed, 05 Dec 2012 18:53:48 +0000

Agree.

By: srt

srt — Wed, 05 Dec 2012 18:53:17 +0000

I never did read that book. He really speculated the Wilpons were broke, not just the Mets?
Interesting….