Report: Mets won’t receive additional “substantial” financial assistance from MLB

28 Comments

We learned earlier today that the Mets are currently seeking another loan to cover operating expenses. Well, according to David Waldstein of the New York Times, they won’t be able to look to Major League Baseball to stay afloat for the long-term.

The league already extended a $25 million loan to the Mets in November, but Waldstein reports that they won’t make another significant loan to the club.

The two people briefed on the situation said baseball could conceivably re-evaluate its position in the coming months if it thought it needed to protect its larger interests, like trying to avoid a fire sale of one of its elite clubs. In addition, with opening day a month away, baseball could make a modest short-term loan to help the Mets avoid defaulting on certain payments, like player salaries. But it would not be enough to rescue the Mets’ owners in any long-term sense, the people suggested.

“It’s tapped out,” one of the people briefed on the situation said, referring to the availability of more money.

The Mets may end up borrowing against the value of the team in an effort to run out the clock on a potential sale, but I can’t help but feel the Wilpons and Saul Katz are headed down the same road as Tom Hicks from a couple of years ago.

21-year-old Gleyber Torres homers twice off of 44-year-old Bartolo Colon

Elsa/Getty Images
1 Comment

Yankees second baseman Gleyber Torres was born on December 13, 1996. That year, Bartolo Colon (who turns 45 years old on Thursday) was wrapping up a season he spent with Double-A Canton-Akron and Triple-A Buffalo. He would debut in the majors the following April.

In a clash of generations, the 21-year-old Torres and Colon squared off on Monday as the Yankees visited the Rangers. Torres won the battle twice, drilling a two-run home run off of Colon in the second inning and a solo shot off of Colon in the fourth. Colon wound up giving up six runs in total on eight hits (including four homers) and a walk with four strikeouts in 5 1/3 innings.

Here is video of the first homer Torres hit:

Torres is the second-youngest Yankee in club history with a multi-homer game. Mickey Mantle was 20 years and 296 days old when he went yard twice on August 11, 1952. Torres is 21 years, 159 days old. Joe DiMaggio was 21-212 when he hit two on June 24, 1936.

So much for respecting one’s elders. We’re currently seeing a youth movement in baseball. 19-year-old Juan Soto hit his first major league homer on Monday against the Padres. 20-year-olds Ronald Acuña and Mike Soroka debuted for the Braves earlier this year. Could 19-year-old Blue Jays prospect Vladimir Guerrero, Jr. join them soon?