Are the Mets in serious financial trouble?

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The New York Post is quoting anonymous investment bankers and others reportedly with knowledge of the Mets’ finances who say that the Wilpon family is strapped for cash, saddled in debt and that they could even have to sell the team if things don’t turn around quickly. The report itself might be just as troubling as the news therein, however.

From what I can tell, just about all the specifics — the Madoff scam, the fact that the team is heavily in debt, the fact that Citi Field bonds are now at junk status and the fact that attendance, and thus gate, is way down — are old news. There was one thing I hadn’t seen — that the Wilpons mortgaged the team to the tune of $375 million — but the fact that they were able to do so in this tight credit environment suggests that someone is actually optimistic, as opposed to pessimistic — about their and the Mets’ earning ability doesn’t it?

The only inside source on which the Post relies sounds more like loose and opinionated lips of someone with vague knowledge of the team’s finances as opposed to someone who’s actually intimately familiar with them.  Quotes like “the family is no longer a bottomless pit” just don’t sound like they came from someone in the business office. The rest of the article is speculation based on those facts listed above that were already known.

I’m not saying that things are rosy — the team could very well be having more financial trouble than we know about — but this article seems like a lot more noise than information.

Rays acquire Peter Bourjos from the White Sox

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The Rays announced on Tuesday that the club acquired outfielder Peter Bourjos from the White Sox in exchange for a player to be named later or cash considerations.

As all three starting outfield jobs in Tampa Bay are spoken for, Bourjos is looking at a bench role to open the 2017 regular season. Last season with the Phillies, Bourjos hit .251/.292/.389 with 20 doubles, 23 RBI, and 40 runs scored in 383 plate appearances. The bat is still weak, but he also still plays solid defense and runs the bases well.

Reds claim Scooter Gennett off waivers from the Brewers

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The Reds claimed second baseman Scooter Gennett off waivers from the Brewers, C. Trent Rosecrans of the Cincinnati Enquirer reported on Tuesday.

Gennett, who turns 27 years old on May 1, was expendable as the Brewers planned to use Jonathan Villar on an everyday basis at second base. He’ll provide infield depth in Cincinnati.

Over parts of four seasons in the majors, Gennett has hit .279/.318/.420 with 35 home runs and 160 RBI in 1,637 plate appearances.