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.
Cespedes has 6 RBIs during Mets’ record 12-run inning vs SF
NEW YORK — Yoenis Cespedes and the New York Mets broke loose for a team-record 12 runs in the third inning Friday night, rolling to their seventh straight victory with a 13-1 blowout of the San Francisco Giants.
Cespedes set a club mark with six RBIs in the inning, connecting for a two-run single off starter Jake Peavy (1-2) and a grand slam off reliever Mike Broadway that capped the outburst.
The early barrage made it an easy night for Steven Matz (3-1) in the opener of a three-game series between the last two NL champions. The left-hander tossed six shutout innings to win his third consecutive start.
Michael Conforto had an RBI double and a run-scoring single in the Mets third, which lasted 39 minutes, 47 seconds. He and Cespedes were two of the four players who scored twice. Asdrubal Cabrera greeted Broadway with a two-run double.
Marlins’ Conley pulled in 8th with no-hit bid, Brewers rally
MILWAUKEE — Marlins lefty Adam Conley threw no-hit ball for 7 2/3 innings before being pulled by manager Don Mattingly after 116 pitches, and Miami’s bullpen wound up holding off the Milwaukee Brewers 6-3 Friday night.
Jonathan Lucroy blooped a single with one out in the ninth off reliever Jose Urena to break up the combo no-hit bid. The ball landed in right field just beyond the reach of diving second baseman Derek Dietrich.
Dietrich was playing in place of speedy Gold Glove winner Dee Gordon, who was suspended by Major League Baseball on Thursday night after a positive drug test.
The 25-year-old Conley (1-1) struck out seven and walked four. Urena replaced him.
The Brewers scored three times on four hits in the ninth. They loaded the bases before A.J. Ramos struck out Jonathan Villarfor his seventh save.
Earlier this month, Ross Stripling of the Dodgers threw no-hit ball for 7 1/3 innings against San Francisco in his major league debut and was taken out after 100 pitches.
Warren G just gave the worst performance of “Take me out the ballgame” ever
It was just over 22 years ago that “Regulate” was released. Amazing track. One of the best. At least according to me and all of the other 40-something white dudes who liked to act cooler than we really were in the 90s, which is all of us.
A lot has happened since then. Nate Dogg died (RIP). Other major figures of west coast hip hop turned into moguls or family friendly movie stars. Everyone’s older. But part of me wonders if any of them are still on the cutting edge in some way or another, either as performers or artists or just as a matter of their own personal stance. Sometimes I wonder if any of them, like so many other artists who came before them, can have a career renaissance in their 40s and 50s.
Maybe. But not Warren G. Man, seriously not Warren G.
I’m on record as not being a big fan of the Diamondbacks’ many, many new uniforms. Not my cup of tea in either color or style, to be honest. I’ve even tweeted some negative things about them.
Thankfully, however, the Dbacks social media folks either didn’t see my tweets or didn’t take too much issue with them. They did with many other people’s, however, including some baseball writers I know. And then they read them and riffed on ’em.