Are the Mets in serious financial trouble?

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The New York Post is quoting anonymous investment bankers and others reportedly with knowledge of the Mets’ finances who say that the Wilpon family is strapped for cash, saddled in debt and that they could even have to sell the team if things don’t turn around quickly. The report itself might be just as troubling as the news therein, however.

From what I can tell, just about all the specifics — the Madoff scam, the fact that the team is heavily in debt, the fact that Citi Field bonds are now at junk status and the fact that attendance, and thus gate, is way down — are old news. There was one thing I hadn’t seen — that the Wilpons mortgaged the team to the tune of $375 million — but the fact that they were able to do so in this tight credit environment suggests that someone is actually optimistic, as opposed to pessimistic — about their and the Mets’ earning ability doesn’t it?

The only inside source on which the Post relies sounds more like loose and opinionated lips of someone with vague knowledge of the team’s finances as opposed to someone who’s actually intimately familiar with them.  Quotes like “the family is no longer a bottomless pit” just don’t sound like they came from someone in the business office. The rest of the article is speculation based on those facts listed above that were already known.

I’m not saying that things are rosy — the team could very well be having more financial trouble than we know about — but this article seems like a lot more noise than information.

Phillies pause Jerad Eickhoff’s rehab

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Phillies starter Jerad Eickhoff hasn’t pitched in the majors yet this season as he suffered a lat injury in mid-March and has been on the disabled list since. He started a rehab stint in the minors last week, making a start for Double-A Reading on May 15 and another start for Triple-A Lehigh Valley on Sunday.

Meghan Montemurro of The Athletic reports that Eickhoff went a twinge in the fingertips of his right index and middle fingers late in Sunday’s outing after throwing a curve and on the subsequent pitch. The Phillies have paused Eickhoff’s rehab as a result and will evaluate him further.

Eickhoff went on the disabled list in late August last year due to nerve irritation in his right hand, so this latest setback could be related to that.

Eickhoff showed promise early in his career, posting a combined 3.44 ERA in 41 starts between 2015-16. He struggled to a 4.71 ERA last year before ending his season early with the nerve issue. Eickhoff was one of the many prospects the Phillies got from the Rangers in the Cole Hamels trade.