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.
The Cardinals have placed reliever Trevor Rosenthal on the 15-day disabled list with inflammation in his right shoulder, MLB.com’s Jenifer Langosch reports. The club recalled Dean Kiekhefer from Triple-A Memphis.
Thus continues a terrible 2016 for Rosenthal, who lost his grip on the closer’s role last month. The right-hander has recorded the save in 14 of 18 chances with a 5.13 ERA and a 48/27 K/BB ratio in 33 1/3 innings. Seung-hwan Oh has handled save situations for the Cardinals in July.
As the Cardinals are playing a doubleheader against the Mets on Tuesday, the club also recalled Sam Tuivailala to serve as the 26th man on the roster.
The Rangers found themselves in a 5-1 hole after three innings against the Athletics on Monday, but scratched out some runs in the middle innings. That allowed them to enter the bottom of the ninth inning trailing by only one run, 6-5, facing A’s closer Ryan Madson.
Adrian Beltre, who hit a solo home run in the seventh inning, stepped to the plate with a runner on first base and two outs. He was the Rangers’ last hope to keep the game alive. The veteran third baseman swung at Madson’s first pitch, a 96 MPH fastball, and drilled it to left-center field for a walk-off two-run home run.
Beltre now has nine walk-off home runs in his career. While the 37-year-old isn’t quite the offensive dynamo he was even two years ago, his numbers are still respectable. He’ll head into Tuesday’s action batting .281/.334/.468 with 16 home runs and 63 RBI in 392 plate appearances.