Its no secret that the Mets are in a rebuilding period. Mired in what will likely be their fourth consecutive losing season, its apparent that change is necessary. The process by which that change occurs is where the debate begins. How the Mets should proceed is the topic of countless blog posts and endless radio debate. Build through free agency, versus building through the draft. Both avenues have their merits, but neither encompasses the big […]
According to the New York Daily News, the Wilpons were quite busy this evening. They finished deals to sell 12 minority shares - a $240 million cash infusion – and they have taken care of a few debts as well. One debt that the Wilpons paid back was their debt to the MLB. That full debt was a total of $25 million. Another debt they took care of was their debt to Bank of America. […]
If you had asked me twelve months ago if the Wilpons should sell the Mets, I’d have been pretty emphatic in my support. In the six months that followed, new reports surfaced describing the debt the Mets were in and it seemed that number grew by $100 million from each report to the next. The most recent tally has it in the ballpark of $450 million. In the six months since then, I found my […]
It’s been a while since I last posted with fatherhood taking a great deal of my free time. So let me begin by saying I hope everyone who waited with baited breath for the world to end this weekend enjoyed maxing out their credit cards and cavalierly finding the gumption to tell their bosses off at work; not to mention consumating their affairs with the 20 year family nanny. All done of course with the […]
The New York Post has broken the news that the Mets are looking for even more loan. They want tens of millions of dollars and all of this money is just to cover the team’s basic operating expenses. The Wilpons should be focusing on selling a large chunk of the team at this point. It is beyond obvious that the Madoff scandal is greatly impacting the team’s finances. The article also mentions that the Mets […]
Albert Pujols is undoubtedly one of the greatest players the game of Baseball has ever seen. It simply goes without question. If dominance was a person he would look like the chiseled Latin Superman that is Pujols. Today, he and his agent Dan Lozano, turned down St. Louis’ contract extension. The terms of the deal, at least according to the tight lipped Cardinal hierarchy of General Manager John Mozeliak and Chairman Bill DeWitt Jr., will […]
When the New Year kicked in, talk of the Mets turned from looking towards the future to taking a not-so-fond trip down Memory Lane regarding one of the most disliked and controversial characters in Mets history. Nope, I’m not talking about Richie Hebner. I’m talking about Bobby Bonilla. While there is much to be said about the Mets ownership lack of baseball acumen, and even in recent years being linked to a scandalous international Ponzi […]
As we all know, the final candidates for the next Mets general manager are Josh Byrnes and Sandy Alderson. Some have said there could be an announcement by the end of this week as to which of them will get the nod. Personally I hope the next GM is Alderson. I don’t like some of what I’ve read about Byrnes, but which ever one becomes the new GM, the one thing that person must do is come up with a […]
Yesterday the inevitable news broke that the Mets and Francisco Rodriguez (K-Rod) came to a settlement after K-Rod attacked his girlfriend’s father. The results of the settlement means that K-Rod is now off the disqualified list and his contract is still guaranteed. In turn the Mets will not pay K-Rod his 2010 salary of 3.1 million dollars. If his option vests next year, he will still get paid $29 million dollars for the next two seasons. I guess this […]
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