The Wilpons get a new loan that could lead to a higher Mets payroll . . . eventually

15 Comments

The Wilpons’ financial crunch, brought on by being taken in a Ponzi scheme by their friend Bernie Madoff, almost cost them the team a couple of years ago. It did cause them to take loans with restrictive terms, both from banks and from Major League Baseball. That in turn pushed payroll way below that which a team in a market like New York should be. It’s been something of a depressing slog, frankly.

But now, according to the New York Post, there’s some reason to hope of a financial thaw. It comes in the form of a new $250 million loan which will refinance an existing loan that had a massive principal payment looming early this year. The interest payments will remain about where they were before but (a) no principal payment will be due for seven years; and (b) payroll restrictions built in to the current loan will be gone.

This doesn’t mean that the Mets will suddenly sport $150 million payrolls, but it does give the team breathing room to add players who actually make some money at some point.

Of course, it also means that the Wilpons will not be forced to sell the team due to a cash crunch, paving the way for the Mets’ own version of Magic Johnson to swoop in and make a broke franchise immediately flush. And I know many Mets fans who really, really wish that would have happened.

Jason Kipnis placed on 10-day disabled list with strained hamstring

David Maxwell/Getty Images
1 Comment

The Indians announced on Wednesday that second baseman Jason Kipnis has been placed on the 10-day disabled list with a strained right hamstring. Infielder Erik Gonzalez was called up from Triple-A Columbus.

Kipnis, 30, has been bothered by the hamstring for the last two months. He had to be pulled from Tuesday’s game with renewed tightness. The veteran is hitting .228/.285/.409 with 11 home runs and 30 RBI in 335 plate appearances on the season.

Gonzalez, 25, has a .263/.272/.400 triple-slash line in 82 PA in the majors this season. He provides versatility for the Indians as he’s played second base, third base, shortstop, and both corner outfield positions as a member of the Tribe.

Jackie Bradley Jr. goes on the disabled list with a sprained thumb

Getty Images
1 Comment

The Red Sox placed outfielder Jackie Bradley Jr. on the 10-day disabled list with a sprained thumb this afternoon.

Bradley’s left thumb got bent back awkwardly as he slid into home plate on Tuesday night in Cleveland. X-rays came back negative, but an MRI taken Wednesday morning in Boston revealed the sprain. It’s unclear at this point how long he might be sidelined.

Bradley is hitting .262/.343/.432 with 14 homers and 54 runs batted in on the season. Andrew Benintendi is likely to take over in center field for Bradley, with Chris Young and Brock Holt sharing time in left.