Major League Baseball gave the Mets $20-25 million in financial assistance last fall

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The Mets may be a big market team but they have big financial problems. Bigger than they’ve been letting on, it seems, because the New York Times is reporting that Major League Baseball provided the Mets $20 million to cover operating expenses last fall. Or maybe it was more, because the Daily News is reporting that it was $25 million.  Either way, Fred Wilpon is a tad sensitive about it all:

Wilpon, in Florida for spring training, said on Friday that he would not talk about the team’s finances. Asked directly whether baseball had been assisting him, Wilpon walked away, saying he did not want to discuss the team’s finances with a reporter.

Remember  last year when the Rangers got help with their operating expenses? How everyone considered that to be some kind of affront to fair play and market economics and all of that?  Something tells me that a team with a $140 million payroll and its own cable network needing similar charity isn’t going to go over well.

Also: remember how Tom Hicks started out saying he was going to sell a minority interest in the team?  And then had to take money to keep afloat?  Anyone really all that confident that the Wilpons are going to avoid the same fate Hicks met?

*Correction: When I first posted this I had the headline in the future tense — as in, the league was going to provide assistance. The assistance came last fall.  Sorry for the error.

Miles Mikolas open to extension with Cardinals

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Though he has only accumulated just over two years of service time in the major leagues, Cardinals starter Miles Mikolas can become a free agent after the 2019 season due to language in his current two-year, $15.5 million contract. He is open to signing a contract extension with the Cardinals, Derrick Goold of the St. Louis Post-Dispatch reports.

Mikolas said, “It’s something that the Cardinals and my agency have to work out – if the numbers work out and everything turns out to be it’s absolutely something that could happen.” His agent, from Octagon, has had discussions with the Cardinals about a framework for an extension.

Mikolas, 30, spent the 2015-17 seasons pitching for the Yomiuri Giants in the Japan Central League. He had great results, which he was able to leverage into a contract back in the U.S. Last season, his first in the majors since 2014, he finished sixth in NL Cy Young balloting and earned a spot on the NL All-Star roster. The right-hander went 18-4 with a 2.83 ERA and a 146/29 K/BB ratio in 200 2/3 innings.

This coming season, Mikolas will be part of a starting rotation that also includes Carlos Martínez, Jack Flaherty, Michael Wacha, and Adam Wainwright.