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.
The ALCS had a weird play in Game 4 on Tuesday night, but Game 4 of the NLCS did as well. This one involved Cubs outfielder Albert Almora, Jr. and his attempt to spark a rally in the bottom of the ninth inning against Dodgers reliever Ross Stripling.
After Alex Avila singled, Almora ripped a double to left field, past a diving Enrique Hernandez. The ball rolled to the ivy in front of the wall. Most outfielders there would’ve put their hands up, which would have alerted the umpires to call an immediate ground-rule double. Hernandez didn’t, instead fishing the ball out and firing it back into the infield. Avila had stopped at third base, but Almora kept running. Much to his surprise, he pulled up into third base to see his teammate standing there, resigned to his fate as a dead duck. Third baseman Justin Turner applied the tag on Almora for what he thought was the first out of the inning.
Almora, however, was then sent back to second base after the umpires correctly called a ground-rule double.
Unfortunately for the Cubs, the lucky break didn’t help as closer Kenley Jansen came in and took care of business, retiring all three batters he faced without letting an inherited runner score. The Dodgers won 6-1 and now lead the NLCS three games to none. They’ll try to punch their ticket to the World Series on Wednesday.