Wilpon says he's not selling the Mets

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Fred Wilpon is denying the reports that circled yesterday that he’s being forced to sell the Mets on account of all of his losses to Bernie Madoff:

Erin Arvedlund, who penned “Too Good to Be True,” pegged the Wilpons’ losses to Madoff at $700million – the same figure Fred Wilpon’s friend Larry King used in a magazine article earlier this year. That loss is too steep
for the Wilpons to be able to retain ownership of the Mets, Arvedlund
concluded . . . The speculation was met by a forceful denial from the Mets Friday.

“The
author of the book has no knowledge or facts related to the Mets
business operations or finances,” Danielle Sessa Parillo, the team’s
director of communications, said in a statement on behalf of the
Wilpons. “Her speculation that the Mets – or any part of the team – is
for sale is completely false and is irresponsible.”

To further counter that, Wilpon and MLB President Bob DuPuy are saying that the Mets are just fine and dandy, financially speaking. In support, they cite “the Mets’ financial reports, which are filed quarterly,” and say that they “have shown no financial distress.”

It’s probably worth noting at this point that (a) Major League Baseball never allows anyone to see such reports; and (b) such reports are routinely used by MLB and the teams to cry poor, forming the basis of calls for salary caps and player concessions and new publicly-funded stadiums and all of that.  So forgive me if I’m not 100% convinced by this line of reasoning.

MLBPA agrees to extend deadline for new posting agreement between MLB, NPB

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Update (7:00 PM ET): The MLBPA announces that the deadline has been extended 24 hours while MLB and NPB continue to negotiate a new agreement for the posting system. The new deadline is 8 PM ET on Tuesday.

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Last Thursday, we learned that the MLBPA was challenging the Nippon Professional Baseball posting system, delaying Japanese superstar Shohei Ohtani’s move to Major League Baseball. The latest collective bargaining agreement removed a lot of the incentive for players to come to the U.S. by capping pay. Ohtani, for example, can only receive a signing bonus between $300,000 and $3.53 million while his team — the Nippon Ham Fighters — would receive $20 million for posting him.

Jon Morosi reports that the deadline for this issue to be resolved is 8 PM ET on Monday evening. He notes that key NPB officials have worked through the night in Japan to try to reach a resolution. It is possible that even if no agreement is reached, the deadline could be pushed further back.

Ohtani, 23, has become a heralded hitter and pitcher in Japan. At the plate over his five-year career, he has compiled a .286/.358/.500 triple-slash line with 48 home runs and 166 RBI in 1,170 plate appearances. On the mound, he has a 2.52 ERA with a 624/200 K/BB ratio across 543 innings.