Fred Wilpon

Fred Wilpon on his money problems: “it’s all in the rear-view mirror”

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Fred Wilpon showed up at spring training today and said that his financial problems are over:

“It’s all in the rear-view mirror… The family is in great shape. The family really is in great shape. Sometimes luck is the residue of design … There’s no one in my family — there’s the Katz family, the Wilpon family, kids — [that now] has any personal bank debt. Zero. Everything has been paid. We don’t owe a dollar to anybody … “That’s what made us tight. We were still getting revenues. Lots of revenues. But those revenues were going to pay off debt. That’s done.”

Wilpon said that starting next year that the payroll will go up and Sandy Alderson can chase free agents “if prudent.”

You’d like to believe Wilpon here if you’re a Mets fan. But this is also the guy who, when all of the Madoff stuff began, said that it wouldn’t impact the Mets or the on-the-field product. It certainly has.

So put up or shut up, Fred. That’s the only way you’re going to win back the Mets fans your ownership of the team has alienated.

Report: Mark Trumbo signs three-year, $37.5 million contract with Orioles

TORONTO, ON - OCTOBER 04:  Mark Trumbo #45 of the Baltimore Orioles runs the bases after hitting a two-run home run in the fourth inning against the Toronto Blue Jays during the American League Wild Card game at Rogers Centre on October 4, 2016 in Toronto, Canada.  (Photo by Vaughn Ridley/Getty Images)
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Update #2 (6:21 PM EST): Make that $37.5 million, per Heyman.

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Update (6:02 PM EST): The deal is for “around” $37 million with deferrals that lower the present-day value, per Jeff Passan of Yahoo Sports.

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Jon Heyman of FanRag Sports reports that free agent 1B/OF Mark Trumbo is close to a deal with the Orioles. He first reported that the two sides were back in touch earlier on Thursday afternoon. According to Ken Rosenthal of FOX Sports, the deal is expected to be for three years and under $40 million.

Trumbo’s market hasn’t developed as he expected. The slugger turned down the Orioles’ $17.2 million qualifying offer back in November. Then the Orioles reportedly made a four-year contract offer to him in December but pulled it off the table. Most recently, a report indicated that Trumbo lowered his expectations to a three-year deal in the $40-50 million range.

Trumbo, 31, led the majors with 47 homers for the Orioles this past season. He also hit a solid .256/.316/.433 with 108 RBI in 667 plate appearances. With Trumbo back in the fold and some slight offensive upgrades made, the Orioles figure to have a formidable offense in 2017.

Astros avoid arbitration with Mike Fiers

SEATTLE, WA - SEPTEMBER 17: Starting pitcher Mike Fiers #54 of the Houston Astros walks to the dugout after pitching an inning during a game against the Seattle Mariners at Safeco Field on September 17, 2016 in Seattle, Washington. The Astros won the game 2-1. (Photo by Stephen Brashear/Getty Images)
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The Astros avoided arbitration with pitcher Mike Fiers, agreeing on a $3.45 million salary for the 2017 season, per Jake Kaplan of the Houston Chronicle. The right-hander was in his first of three years of arbitration eligibility.

Fiers, 31, made 30 starts and one relief appearance for the Astros in 2016. He finished the year with a 4.48 ERA and a 134/42 K/BB ratio in 168 2/3 innings.

Fiers had a much better showing in 2015 as well as in limited action in 2014, so the Astros are hoping he rediscovers that effectiveness going forward. He’ll slot into the back of the starting rotation.