Skip to content

Fred Wilpon on his money problems: “it’s all in the rear-view mirror”

Feb 13, 2013, 2:30 PM EDT

Fred Wilpon

Fred Wilpon showed up at spring training today and said that his financial problems are over:

“It’s all in the rear-view mirror… The family is in great shape. The family really is in great shape. Sometimes luck is the residue of design … There’s no one in my family — there’s the Katz family, the Wilpon family, kids — [that now] has any personal bank debt. Zero. Everything has been paid. We don’t owe a dollar to anybody … “That’s what made us tight. We were still getting revenues. Lots of revenues. But those revenues were going to pay off debt. That’s done.”

Wilpon said that starting next year that the payroll will go up and Sandy Alderson can chase free agents “if prudent.”

You’d like to believe Wilpon here if you’re a Mets fan. But this is also the guy who, when all of the Madoff stuff began, said that it wouldn’t impact the Mets or the on-the-field product. It certainly has.

So put up or shut up, Fred. That’s the only way you’re going to win back the Mets fans your ownership of the team has alienated.

Latest Posts
  1. VIDEO: Jackie Bradley Jr. takes flight for outstanding catch

    Jul 9, 2014, 8:05 PM EDT

    jackie bradley getty Getty Images

    They say humans can’t fly. Jackie Bradley Jr. begs to differ …

  2. Koji Uehara replaces injured starter Masahiro Tanaka on the American League All-Star team

    Jul 9, 2014, 7:59 PM EDT

    koji uehara getty Getty Images

    Red Sox closer Koji Uehara has been named to the American League All-Star roster in place of Yankees ace Masahiro Tanaka, who is on the disabled list with a right elbow injury.

  3. VIDEO: Paul Goldschmidt hits walkoff two-run double

    Jul 9, 2014, 7:10 PM EDT

    goldschmidt getty Getty Images

    Watch as Diamondbacks first baseman Paul Goldschmidt sent his team to a Wednesday afternoon walkoff defeat of the visiting Marlins with this two-run double to left-center field …

  4. Brett Gardner out Wednesday with lower abdominal strain

    Jul 9, 2014, 6:27 PM EDT

    brett gardner getty Getty Images

    As first relayed by MLB.com’s Bryan Hoch, left fielder Brett Gardner is out of the Yankees’ starting lineup on Wednesday night against the Indians due to a lower abdominal strain. Gardner first thought it was a groin strain, but that more-severe injury has already been ruled out by a team physician.

  5. Carlos Beltran scratched from Yankees lineup after fouling a ball off his eye in batting practice

    Jul 9, 2014, 5:40 PM EDT

    Carlos Beltran Getty Getty Images

    Yankees designated hitter Carlos Beltran has been scratched from tonight’s lineup against the Indians after a ball he hit during batting practice bounced up and struck him near the eye.

  6. A Jason Lane home run will be featured in a new movie

    Jul 9, 2014, 5:25 PM EDT

    jason lane

    I mean, maybe he can act, but it’s probably better that he’s playing baseball.

  7. Mariners demote Taijuan Walker to Triple-A

    Jul 9, 2014, 5:22 PM EDT

    taijuan walker getty Getty Images

    Seattle has optioned right-hander Taijuan Walker back to Triple-A, but it looks like the move might be more about keeping the 21-year-old rookie on his normal schedule rather than any sort of performance-based demotion.

  8. Jury finds the Dodgers partially negligent, awards $18 million to Bryan Stow

    Jul 9, 2014, 5:03 PM EDT

    Bryan Stow AP

    The Dodgers, however, will only be on the hook for $4.5 million of that. Or less than 2% of their annual payroll.

  9. Alex Gordon “can’t swing” and will go for MRI exam on wrist

    Jul 9, 2014, 4:52 PM EDT

    Oakland Athletics v Kansas City Royals Getty Images

    Before tonight he’d played in 87 of the Royals’ first 89 games after missing a grand total of six games in the previous two seasons.

  10. Masahiro Tanaka injured: Yankees ace to undergo an MRI exam on his right arm

    Jul 9, 2014, 3:40 PM EDT

    Masahiro Tanaka AP

    After a spectacular start to his MLB career Mashiro Tanaka has looked somewhat human of late, allowing nine runs and a .333 opponents’ batting average in his last two starts. And now we may know why.

  11. As the A’s and Oakland fight about a lease, the Raiders plan to tear the Coliseum down

    Jul 9, 2014, 3:30 PM EDT

    Seattle Mariners v Oakland Athletics Getty Images

    Well, that’s one solution. Very NFL in its efficiency and simplicity when you think about it.

  12. Kirk Gibson is (still) sticking with Addison Reed as the Diamondbacks’ closer

    Jul 9, 2014, 2:44 PM EDT

    Addison Reed Diamondbacks AP

    At this point I like to imagine that Diamondbacks beat reporter Nick Piecoro of the Arizona Republic has the same routine so ingrained into his life that even on off days he wakes up, cooks a nice, sensible breakfast, and asks no one in particular “is Addison Reed still the closer?”

  13. Marlins promote Brad Penny from Single-A to Triple-A ahead of opt-out date

    Jul 9, 2014, 1:20 PM EDT

    Detroit Tigers v Baltimore Orioles Getty Images

    Brad Penny has been impressive enough after signing a minor-league contract with the Marlins last month that they’ve promoted the 35-year-old right-hander from Single-A to Triple-A.

  14. Carl Crawford is ready to return, but the Dodgers aren’t planning to play him

    Jul 9, 2014, 12:46 PM EDT

    Carl Crawford AP

    Carl Crawford’s ankle injury led to Matt Kemp coming off the bench and rejoining the Dodgers’ starting lineup, but now that Crawford is ready to return it sounds like he’ll be the one on the bench most days.

  15. There’s “lots of interest in John Lackey”

    Jul 9, 2014, 12:30 PM EDT

    John Lackey Getty Getty Images

    Understandable, but it would be pretty darn surprising if he were dealt.

  16. Rangers likely to shop Neal Cotts and Jason Frasor

    Jul 9, 2014, 12:16 PM EDT

    Houston Astros v Texas Rangers Getty Images

    Texas has the second-worst record in the league at 38-52 and when the Rangers start selling off veterans near the trade deadline T.R. Sullivan of MLB.com reports that relievers Jason Frasor and Neal Cotts will likely be on the block.

  17. What if Jose Abreu had chosen the Red Sox over the White Sox?

    Jul 9, 2014, 11:51 AM EDT

    Jose Abreu AP

    Jose Abreu has enjoyed his first look at Fenway Park, the historic venue that very nearly was his home.

  18. Red Sox demote Brandon Workman to Triple-A

    Jul 9, 2014, 11:19 AM EDT

    World Series - St Louis Cardinals v Boston Red Sox - Game Two Getty Images

    Brandon Workman has done a solid job for the Red Sox, posting a 4.13 ERA in 52 innings split between the rotation and bullpen, but the 25-year-old right-hander has been optioned back to Triple-A following last night’s loss to the White Sox.

Featured video

Hitters adjusting to Masahiro Tanaka
Top 10 MLB Player Searches
  1. E. Encarnacion (2418)
  2. J. Hammel (2274)
  3. B. Moss (2179)
  4. C. Sabathia (2149)
  5. S. Pearce (2137)