The lawsuits are settled, but the money ain’t flowing for the Mets just yet

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When Fred Wilpon and Saul Katz settled their Madoff lawsuit the other day, the first thought among most was “hey, it’s not as bad as we thought it would be.” The next thought was “hey, now maybe the Mets can spend some money.”  The next thought: “when?”

Not too soon, says Sandy Alderson. This doesn’t change all that much right now:

“We’re going through a process of redirection and sort of reinvigoration,” Alderson said. “That takes a little bit of time and a little bit of patience … The immediate impact on our payroll is going to be negligible. The last time I heard, Albert Pujols already had signed for 2012, so those opportunities are past us.”

Which makes sense. And I don’t believe anyone thinks that there’s a reasonable way to spend real money in 2012. Albert Pujols is off the market. And so is everyone else short of people like Johnny Damon and other guys who aren’t going to help this team be any better.

But it’s also the case that the end of the uncertainty about the Madoff lawsuit means that the Mets front office is now going to be judged on the same basis as any other large market rebuilding team and references to their financial challenges won’t carry much weight.