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The Mets aren’t out of the financial wilderness just yet

Aug 15, 2012, 11:48 AM EDT

Image (1) Mets%20Logo.png for post 3903

A reminder: though the Madoff stuff is over and though the Wilpons are no longer in danger of losing the team, the Mets are still facing a serious financial crunch and are seeing attendance continue to decrease. Brian Costa lays out the landscape for the Metropolitans over at WSJ.

For a team that has already slashed payroll, has many holes to fill for 2013 and somehow has to sign David Wright to a big deal sometime soon, the future looks pretty murky.

  1. kkolchak - Aug 15, 2012 at 12:00 PM

    “the Wilpons are no longer in danger of losing the team”

    Sucks for Mets fans.

  2. keithbangedyermom - Aug 15, 2012 at 12:08 PM

    All fans of any team care about is winning. Win and no one cares about the owner.

  3. Old Gator - Aug 15, 2012 at 12:33 PM

    Are there angels in the wilderness?
    I don’t know.
    I have my doubts…but if you say so…

    Cowboy Junkies

  4. chill1184 - Aug 15, 2012 at 12:56 PM

    Wilpon’s continued ownership is another stain on the Bud Selig error.

    • paperlions - Aug 15, 2012 at 2:15 PM

      Yep, because baseball commissioners have the ability to force owners to sell.

      • Kevin S. - Aug 15, 2012 at 3:23 PM

        No, but they have the ability to not make the emergency financing the owners needed to keep the team available.

      • paperlions - Aug 15, 2012 at 3:27 PM

        You sure about that? Are you sure it isn’t the owners (or a committee of owners) that makes such decisions or recommendations?

      • chill1184 - Aug 15, 2012 at 3:24 PM

        MLB seized the Expos and the Dodgers there is a precedent for such to happen but it won’t.

      • paperlions - Aug 15, 2012 at 3:27 PM

        The dodgers couldn’t pay their own bills and the divorce made public documents that showed the owners were using the team as a personal piggy bank. There is no evidence the Wilpon’s did that.

        They did not seize the expos, they bought them from an owner that wanted to sell them.

  5. foreverchipper10 - Aug 15, 2012 at 4:42 PM

    Wait a minute……if their future is murky at best this article MUST be about the Phillies.

    • greymares - Aug 15, 2012 at 5:47 PM

      obviously the Phillies won’t catch the Braves but they can still knock them out of the playoffs, AGAIN.

  6. bigjimatch - Aug 15, 2012 at 9:58 PM

    Selig works for the owners, the owners let a fellow owner lose his franchise just for financial difficulties (most know they could be in a similar situation). An owner has to publicaly crash and burn for the league to take action, like Mccord. Expos were sold to mlb so thier owner could buy the marlins – anothe example of the league accomodating its owners.

  7. bigjimatch - Aug 15, 2012 at 10:03 PM

    i have no personal interest in Wilpons owning the team, but they are not broke, they just have less of a fortune than they thought they had, and most of that is tied up in real estate they don’t want to sell until the market rebounds. also, they are not cheap either, before the recent cost cutting, they spent just as much as the top 2-5 teams (no one spends like the Yankees did), signing players like Bay to big contracts.

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