Category: wilpon article

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SI article with Fred Wilpon coming: Mets are ‘bleeding cash’

The Mets are “bleeding cash” and could lose as much as $70 million this year, Fred Wilpon said in a story that will appear in this week’s Sports Illustrated.

The article in the Daily News all adds this fun.

The payments to Bonilla were based on an interest rate of 8%; the Mets planned on investing the Bonilla money with Madoff, whom they expected would give them a 10% to 12% return.

via Fred Wilpon tells Sports Illustrated that Mets are ‘bleeding cash’ in article to appear this week.

The SI article should be fun.  It’s exactly the kid of article the Mets need this week.  Oh Fred, what have you done?

Let me get this right…

– Jose Reyes isn’t getting Crawford money thus presumably won’t be on the 2012 Mets

– David Wright is not a superstar

– the team is “bleeding money” and “shitty”

and someone is supposed to give you $200 million to not have a controlling interest.  Seems like a great investment.

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Mets Players Respond to Wilpon’s Comments – NYTimes.com

What a fun afternoon the Mets will have when they gather before their lockers to prepare for a baseball game. I am confident the team will be focused and nobody will ask them questions about an unnecessary controversy.

A good read in the Times…

“Fred has been nothing but encouraging and steadfast in his support of the team,” pitcher R. A. Dickey said.

..
“I think guys will be upset,” pitcher Mike Pelfrey said. “But we’re all a family: ownership, coaches and players. Sometimes people say things they regret. It’s a mistake and you learn from it. Maybe next spring when we have our media workshop for the players, Fred can come and sit in on it.”

via Mets Players Respond to Wilpon’s Comments – NYTimes.com.

And the day is just starting folks.  This will be a fun one.