No applause. Just opinions.

The New York Mets are in dire straights right now, if you were not aware. Not only did the Mets make no ‘real’ splash in free agency this off season (which could be seen as a good move with the current events and you’ll see why), they are being sued for a TON of money. If you have been living under a rock, Bernie Madoff created the largest Ponzi scheme in U.S. history. The owners of the Mets are accused of knowing about this scheme, and failing to inform the proper authorities. They are being sued a whopping $300 million, and I have heard recently of a $1 Billion lawsuit. Yeah, that’s $1,300,000,000. Hey Jose, and David we’re going to need to reduce our payment to you the rest of your time with us, sorry. Oh, and fans, we’re going to need to charge you $200 for those bleacher seats. The Wilpon’s claim that they were victims like everybody else.

Now, the Mets are no stranger when it comes to money. Let us remember about their new stadium that was (originally) proudly named Citi Field. They didn’t seem to proud after the U.S. government had to bail out Citi bank for another large sum of money that none of us will ever make in our lifetime. Be rest assured though, if you pay taxes, you helped pay for that. Apparently there is a 20 year contract for that name, I guess William Shea is a lost memory. Also, let us remember the Mets are still the fifth highest paid team in all of baseball. I would have to imagine that they’ll drop down on that list in the next couple of years.

You know it’s bad when the owners are offering to sell a small portion of their team to whoever is willing to pay, meanwhile all the media outlets are claiming that they may have to sell the WHOLE team. How do you Mets fans feel about MLK III owning the team or even Mark Cuban? All of this is pretty recent news, and of course they’re allegations so it could turn in the Wilpon’s favor. I’m not a typical Yankees fan who hopes the Mets fail, trust me, a good sports team is great for the economy. I am most definitely in their corner, but it isn’t looking to good. Let me know what you think in your comments!

Pitchers and catchers report oh so soon.. And for the record I joined my first (of many) fantasy baseball leagues today. Let the games begin!

6 responses

  1. Graig Avatar
    Graig

    Just to let everyone know, that league you mentioned joining, I joined as well today. I declare now for all the readers to read…I will have a better team than Gus! Mark it down, 2/9/11 at 1:50pm.

    1. Gus Avatar

      Actually Graig, yours was the third one I joined… First was Mikes, then mine, and then yours… and your declaration is NOT going to happen. HA!

  2. Bill Avatar
    Bill

    No one will take part ownership of this team. Why would any one to be a minority owner in a situation where the majority owner is in financial straits?

    I predict that the Wilpons give up the team. They’ve had enough of a beating in the media & will not be left with any other options.

    1. Gus Avatar

      This is very true, you would never want to buy a company or team when their money situation is questionable. I’m not sure if the Wilpon’s are sinking yet, but Madoff did just come out in an interview and state that the Mets owners had no idea whatsoever. You can’t really trust anything he says, but him saying that could only help the Mets. Have you heard that Donald Trump is interested in buying the team? That could be interesting…

      1. Bill Avatar
        Bill

        Trump is blowing smoke up the media’s butt. He just likes to keep his name in circulation. The guy can’t even make casinos profitable & he’s going to run an MLB team?

      2. Gus Avatar

        I read in an article that it would probably be extremely hard for him to become an owner, like you said he likes to be in the spotlight. The MLB does not like that on the other hand. Also, as a casino owner he would also have trouble because that could obviously cause an issue for betting.

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