Are the Mets in bigger financial trouble than we assumed?

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I don’t pretend to understand high finance that well — and I tend not to get my business news from the New York Post — so someone who knows more about this stuff than me tell if this is really a bad sign or if it’s much ado about nothing:

Banks that provided roughly $400 million in loans to the New York Mets are starting to unload some of that debt at a discount, a sign that creditors are getting nervous about the team’s finances, The Post has learned.

Potential buyers are bidding around 90 cents on the dollar for the debt, sources said. At least one creditor has bought a debt slice at a discount with the approval of Major League Baseball, which must sign off on any buyer of the team’s loans, said one source.

“This tells me the original lenders are scared,” a source close to the situation said.

Is it possible that lenders — freaked out about their returns — could start to panic and a chain reaction could happen that would force the Mets into bankruptcy like the Rangers were?  I’m not trying to be alarmist here: unlike Tom Hicks, who had been in the papers for silly finances for some time before the Rangers went into bankruptcy, I really don’t know enough about the Mets’ situation to say anything too intelligent yet.  I’m really curious to know.

For now, though, I can at least say that that stuff doesn’t sound good.

Report: Bryan Shaw has two multiyear offers on the table

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Free agent reliever Bryan Shaw has received two multiyear offers, Paul Hoynes of the Cleveland Plain Dealer reports. The teams in question have not been revealed, but the demand for Shaw is expected to be high as he comes off of a career-best season.

The 30-year-old right-hander went 4-6 in 79 appearances for the Indians, drawing a 3.52 ERA, 2.6 BB/9 and 8.6 SO/9 in 76 2/3 innings. He ranked 12th among qualified relievers with 1.6 fWAR, his highest mark to date, and proved instrumental in helping the club reach their second consecutive division title in 2017.

The Mets are the last known team to show interest in Shaw, as the New York Post’s Mike Puma reported Wednesday. Nothing has been officially confirmed by the club yet, naturally, but they could still use a couple of arms to round out the bullpen behind Jerry Blevins, AJ Ramos and Jeurys Familia and it’s worth noting that the right-hander has already worked closely with Mets’ skipper and former Indians’ pitching coach Mickey Callaway. While Shaw’s proven consistency and durability should appeal to a wide variety of teams, he’s due for a big payday after making just $4.6 million in his last year with the Indians.