The New York Daily News reports that the New York Mets are close to sealing the deal on five of the $20 million shares they’ve been trying to sell. The owners have been approved by Major League Baseball and the deals could close by the end of the month. The Daily News:
With that, the team would raise enough capital to repay $25 million owned to MLB, a $40 million bridge loan to Bank of America and other club debts and operating expenses that have emerged in the wake of the Bernie Madoff Ponzi scheme scandal.
There is a reported overall total of $350 million in debt — and the team has reportedly lost money in recent years — so that doesn’t handle everything. But it’s better than nothing.
Now, I’d just like to get a gander at the sort of person who gives the Mets $20 million for perks that are basically not much better than being a season ticket holder.
The Brewers, once left for dead after outfielder Christian Yelich suffered a season-ending injury, defeated the Pirates 4-3 on Sunday afternoon. That, paired with the Nationals’ 5-3 loss to the Marlins, moved them into a tie for the first NL Wild Card. The Brewers are 10-2 since Yelich’s injury.
During Sunday’s game, the Brewers brought a combined perfect game bid into the seventh inning. It ended when Gio González allowed a one-out single to Bryan Reynolds. The Brewers’ four runs came on two Eric Thames homers and an Orlando Arcia homer. The Pirates mounted a rally in the eighth inning, scoring three runs, but Josh Hader came in and slammed the door, getting the final four outs.
The Brewers end the season on a six-game road trip. They will face the Reds for three games before finishing out the schedule with three against the Rockies. The Cubs trail both the Brewers and Nationals by four games. The Mets are 4.5 games back while the Diamondbacks and Phillies are each 5.5 games behind.