File image of New York Mets chairman and CEO Fred Wilpon talking to reporters at a news conference in New York

Wilpon: The Mets are “bleeding cash”

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There was a time, not too long ago, when if one were to suggest in a post on this blog that the Mets financial situation was dire, as opposed to merely being a troublesome, short-term cash flow annoyance, and that the Wilpons’ hold on the team was in serious jeopardy, as opposed to merely being subject to some moderate restructuring, that:

(a) a certain commenter who seems overly-invested in defending the Wilpons for someone not in their employ would show up here and claim that you were a fubulist; and

(b) the writer of such a post would receive emails from various people in official capacities claiming that he was being unduly harsh in his assessments with respect to the state of the Mets.

Given that Fred Wilpon is himself saying such things right now, however, I suppose it’s safe for me to pass this along from the New York Daily News without having to field such criticism:

The Mets are “bleeding cash” and could lose as much as $70 million this year, Fred Wilpon said in a story that will appear in this week’s Sports Illustrated. The embattled Mets owner told the magazine he fears the $1 billion clawback lawsuit filed by Irving Picard, the trustee who represents Ponzi scheme artist Bernie Madoff’s victims, could cost him ownership of the team if Picard prevails.

It is unknown whether, in the Sports Illustrated article, Wilpon once again loses the thread of the interview and slams Johan Santana or Francisco Rodriguez.

The Rangers release Josh Hamilton

ARLINGTON, TX - OCTOBER 4: Josh Hamilton #32 of the Texas Rangers reacts after scoring a run on a Elvis Andrus RBI double during the seventh inning of a baseball game against the Los Angeles Angels at Globe Life Park on October 4, 2015 in Arlington, Texas. Texas won 9-2 and won the AL West Title. (Photo by Brandon Wade/Getty Images)
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Welp, it was probably worth the gamble given that the Angels were paying most of his salary. But the Rangers’ gamble on Josh Hamilton failed and now Josh Hamilton is a free agent. The club has given him unconditional release waivers.

Hamilton underwent surgery to repair lateral and meniscus cartilage in his left knee back in June. During surgery it was discovered that he had an ACL injury as well, which required reconstruction. This whole season was lost and, while Hamilton has one year remaining on his contract, the Rangers are clearly able to compete without him and could use the roster spot over the small chance that he could be an everyday player again.

Hamilton will earn $30 million next season, $26.41 million of which is being paid for by the Angels. Last year in 182 plate appearances with the Rangers, Hamilton hit .253/.291/.441 with eight home runs and 25 RBI. At age 35, it’s not hard to imagine that his major league career is effectively over.

 

The Yankees offer to pay for Doc Gooden’s rehab

FLUSHING, NY - UNDATED:  Dwight Gooden #16 of the New York Mets delivers a pitch during a game at Shea Stadium circa 1984-1994 in Flushing, New York.  (Photo by Scott Halleran/Getty Images)
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With the continuing caveat that it is really weird and likely as uncomfortable as hell for all of those involved for this to be playing out so publicly, here is the latest news on the Doc Gooden/Daryl Strawberry/possible cocaine relapse story. From the Daily News:

Dwight (Doc) Gooden is insisting publicly that he doesn’t have a drug problem, yet more and more people want to help him — none more significant than the Yankees, who have reached out to say they’ll pay for any treatment he would consider getting.

That’s admirable of the Yankees, as is their refusal to comment on it further (the Daily News got this info from Strawberry). The Yankees, of course, gave both Strawberry and Gooden second chances in the 1990s when their addiction problems threatened their careers.