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

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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.

Blue Jays sign Michael Saunders

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The Blue Jays have signed outfielder Michael Saunders to a minor-league deal, per a club announcement.

Saunders, of course, played for the Blue Jays in 2015 and 2016, putting up a line of .250/.336/.461 in 594 plate appearances. It was his good play in the first half of 2016, in fact, which earned him an All-Star spot and, presumably, made the Phillies think he was worth the $9 million deal they gave him over the offseason. That didn’t work out, as he hit .205/.257/.360 over 61 games and was released last week.

The Phillies will pay the rest of that $9 million. The Jays will see if he has anything in the tank to help them out.

Giants closer Mark Melancon is heading to the disabled list once again

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The Giants have placed closer Mark Melancon on the 10-day disabled list with a right pronator strain.

This is the same injury that sent him to the disabled list last month. He came back from that quickly, but it can’t be great that this is happening again. You have to assume he’ll miss more time given the recurrence of trouble. He’s going to get an MRI too. Sam Dyson is expected to serve as the Giants’ closer while Melancon is sidelined.

Melancon has a 4.35 ERA and 11 saves in 22 appearances this year. He signed a four-year, $62 million deal with San Francisco last December.