Baseball Chat

[e-ore]

It all comes down to money which in my opinion the Mets have none of. They'll keep DeGrom, and the others, until they have to pay them big money. Then they'll trade for players/prospects who would be cheap for years. I don't think they'll trade Rosario or Smith because they both have a lot of potential and will be cheap for years. They signed Cespedes on a gamble, that they'd reach the playoffs and the stands would be full daily. They got only 1/4 to 1/3 of the attendance they were expecting. Some financial info on the Mets

"Mets owners Fred Wilpon and Saul Katz will be footing debt balloon payments until December 2045, according to Howard Megdal. He also writes that interest on the team's debt, plus debt balloon payments, had exceeded the Mets' payroll in recent years"
https://www.amazinavenue.com/2015/12/22/10641478/mets-debt-payroll-wilpon-owners-new-york

"Back in 2008, the team’s investments with Ponzi schemer Bernie Madoff were discovered to be a fraud. More than $500 million in assets Wilpon and Katz thought they had—and had borrowed against—vanished. Accordingly, just to stay afloat, they needed to take out a $430 million loan against the team and $450 million against their majority ownership stake in SNY (a network started with a loan from Madoff, incidentally).

Ever since, the Mets have managed to get by annually by diverting revenue from their baseball and television operation into the financing of debt. Prior to the refinancing of the past two years, the annual interest on these two loans plus debt balloon payments of more than $43 million have exceeded team payroll itself."
http://www.vocativ.com/news/262818/the-new-york-mets-operate-like-a-ponzi-scheme/