The Wilpons get a new loan that could lead to a higher Mets payroll . . . eventually

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The Wilpons’ financial crunch, brought on by being taken in a Ponzi scheme by their friend Bernie Madoff, almost cost them the team a couple of years ago. It did cause them to take loans with restrictive terms, both from banks and from Major League Baseball. That in turn pushed payroll way below that which a team in a market like New York should be. It’s been something of a depressing slog, frankly.

But now, according to the New York Post, there’s some reason to hope of a financial thaw. It comes in the form of a new $250 million loan which will refinance an existing loan that had a massive principal payment looming early this year. The interest payments will remain about where they were before but (a) no principal payment will be due for seven years; and (b) payroll restrictions built in to the current loan will be gone.

This doesn’t mean that the Mets will suddenly sport $150 million payrolls, but it does give the team breathing room to add players who actually make some money at some point.

Of course, it also means that the Wilpons will not be forced to sell the team due to a cash crunch, paving the way for the Mets’ own version of Magic Johnson to swoop in and make a broke franchise immediately flush. And I know many Mets fans who really, really wish that would have happened.

Athletics DFA Liam Hendriks

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The Oakland A’s have designated reliever Liam Hendriks for assignment.

Hendriks got blown up for four runs on four hits — two homers — in an inning of work yesterday and the A’s have apparently seen enough. It’s been a rough go if it all around, really, as he’s posted a 7.36 ERA over 13 appearances.

Hendriks, who appeared in 70 games last season, signed a one-year deal last winter to avoid arbitration. The deal is for $1.9 million, so anyone claiming him off of waivers or trading for him will owe him a bit over half of that. Given the durability the eight-year veteran has shown in previous seasons that’s not out of the question, but his ineffectiveness this year, combined with a groin problem that caused him to miss some time, may give suitors pause.