I was incredibly impressed with the response to my last posting. The traffic was tremendous and I can only assume, especially since there were only five comments, it was because there is a silent majority of Mets fans out there who are thinking the same thing. This is the first Spring Training in history (at least in my history) where hope is not Springing eternal and here’s why…
For me, this Spring Training started out as any other. The players showed up, most in great shape, Terry Collins proved pretty quickly that he runs a tight ship and I am a huge fan of Sandy Alderson. He’s the only person qualified to handle this unique mess.
One thing bothers me though…. The current ownership group was exposed for flat out lying to the fans by stating their Madoff losses would have no effect on the team. At the same time we are finding out the exact opposite from the traditional media.
The NYTimes reports the Mets lost $50 million last year. They stand to lose an additional $50 million this year. Forbes has shaved off $100 million in worth from the Mets in 1 year. The Mets, now valued at $700 million, minus $500 million of which is debt, means the Wilpon’s have a team worth $200 million to them. Continue to lose $50 million a year and the team is worthless in 4 years.
As Mets fans do you accept that? Do you accept being a worthless, potentially last place team in the largest media market in the world? Oh yeah, you also compete with the NY Yankees so many of those paying fans are never coming back.
We all think that payroll is being freed up for major acquisition’s but it really looks like payroll is being freed up to cover losses. When you lose $50 million a year you’re not going out and signing any big free agents. The Mets just don’t have the money and since they’re already awash in debt they can’t borrow and spend their way out of this predicament. Continue reading “Lost My Mets Hope Springs Eternal – Spring Training Magic”