Thursday, February 17, 2011

Sell the team Wilpon

The Mets have been the laughingstock of the league ever since they blew their enormous lead on the division on the final game of the 2007 season. Since then it has been a humorous but embarrassing, gut-wrenching, down right sickening roller costar ride. We thought that with the departure of in bumbling Omar Minaya and the entrance of Sandy Alderson that perhaps a track towards better days had been set upon. I am of the opinion that the expectations for this season must be set low for Mets fans and we cannot get on Alderson for having his hands tied in terms of moves he was allowed to make during this off-season. I also was under the assumption that the Mets were not really hurt from the Madoff ponzi scheme and that next year they would be ready to spend money of big free agents again. Now, as this disgusting Wilpon & Katz disaster unravels I am less and less optimistic.

The Wilpons clearly love the Mets and I understand that their family name and reputation has been hurt and is on the line taking the fire. I understand that their pride is probably so great that they would rather swallow a pint of blood then sell the majority of the team and the SNY network (which is an absolute cash cow) But the bottom line is that, if the care about the team as much as they say they do, they must sell the majority share of this team!

We still don't know the exact financial situation of the Mets ownership after these Madoff implications have come to light. According to the Wilpons they have lost half a billion in paper money, but attorneys representing the Madoff victims claim otherwise, stating the Wilpon's have made out well from the scheme in ghost money. So they are not only suing the Mets for the money they had invested in Madoff, but the money they have made since. 

It's tough to say how this will all play out but it seems that the Wilpon's will not have the money to run a New York baseball organization in the proper manner. I know our payroll is high right now but I fear that this financial crisis could put us in the same stable as lets say the Pirates.

With all of this uncertainty, compounded with a mediocre team in a tough division,  I can see big time free agents being very skeptical about playing in New York. We are getting hit with hooks and upper-cuts on a daily basis and its tough to see the top players available wanting to associate themselves with that. The Wilpon's need to do the right thing and sell the team. Let someone who is financially stable take over and right the ship.

No comments:

Post a Comment