The Mets may be a big market team but they have big financial problems. Bigger than they’ve been letting on, it seems, because the New York Times is reporting that Major League Baseball provided the Mets $20 million to cover operating expenses last fall. Or maybe it was more, because the Daily News is reporting that it was $25 million. Either way, Fred Wilpon is a tad sensitive about it all:
Wilpon, in Florida for spring training, said on Friday that he would not talk about the team’s finances. Asked directly whether baseball had been assisting him, Wilpon walked away, saying he did not want to discuss the team’s finances with a reporter.
Remember last year when the Rangers got help with their operating expenses? How everyone considered that to be some kind of affront to fair play and market economics and all of that? Something tells me that a team with a $140 million payroll and its own cable network needing similar charity isn’t going to go over well.
Also: remember how Tom Hicks started out saying he was going to sell a minority interest in the team? And then had to take money to keep afloat? Anyone really all that confident that the Wilpons are going to avoid the same fate Hicks met?
*Correction: When I first posted this I had the headline in the future tense — as in, the league was going to provide assistance. The assistance came last fall. Sorry for the error.
The Orioles singlehandedly kept the rumor mill churning this weekend. MLB Network’s Jon Morosi reports that the club is interested in making a play for free agent right-hander Lance Lynn, adding him to a list of potential candidates that also includes free agent righty Alex Cobb. The two are expected to command similar contracts in free agency, but Morosi notes that the Orioles may prefer Cobb based on his familiarity with the AL East.
Lynn, 30, is two years removed from Tommy John surgery on his right elbow. Despite missing the 2016 season, he bounced back with a respectable 11-8 record in 33 starts and complemented his efforts with a 3.43 ERA, 3.8 BB/9 and 7.4 SO/9 over 186 1/3 innings for the 2017 Cardinals. He lost several days with a blister on his pitching hand in early September, but managed to avoid any major injuries and can reasonably be expected to shoulder another heavy workload in 2018.
Lynn may not be the Orioles’ first choice to beef up their starting rotation, but there’s no doubt that he’ll be in high demand as one of very few viable starters on the market this winter. The veteran righty rejected his one-year, $17.4 million qualifying offer from the Cardinals on Thursday and will likely be seeking a multi-year contract, one that Derrick Goold of the St. Louis Post-Dispatch estimates around five years and $100+ million. If the Orioles are willing to bite that bullet, they’ll still need to compensate the Cardinals with their third pick in next year’s draft.