The Mets aren’t out of the financial wilderness just yet

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A reminder: though the Madoff stuff is over and though the Wilpons are no longer in danger of losing the team, the Mets are still facing a serious financial crunch and are seeing attendance continue to decrease. Brian Costa lays out the landscape for the Metropolitans over at WSJ.

For a team that has already slashed payroll, has many holes to fill for 2013 and somehow has to sign David Wright to a big deal sometime soon, the future looks pretty murky.

Padres to place Franchy Cordero on DL, activate Hunter Renfroe

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Kevin Acee of the San Diego Union-Tribune reports that the Padres will place outfielder Franchy Cordero on the 10-day disabled list and activate outfielder Hunter Renfroe from the DL on Monday.

Cordero, 23, has been slumping, batting .140 with four extra-base hits in 47 plate appearances dating back to May 11. The Padres noticed that the forearm issue has been affecting his swing in recent games. Manager Andy Green said, “It was something where he could swing a certain way to manage it. But swinging that way was not him.”

Renfroe, 26, has been out since mid-April due to inflammation in his right elbow. He hit .200/.281/.440 in 57 PA prior to landing on the disabled list. Renfroe played in 10 rehab games with Triple-A El Paso.