Mets Need Financial Help, Madoff Fallout Bigger Than Wilpons Admitted?
by Eric Simon on Jan 28, 2011 12:32 PM EST
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PrintWe don't yet have full details -- and it's not clear that we ever will -- but despite the posturing by Fred and Jeff Wilpon over the past couple of years that the Mets-related side of their finances had nothing to do with their involvement in Bernie Madoff's now-famous Ponzi scheme, it seems that they haven't been totally forthright with the ticket-buying public. The Wilpons just issued a press release indicating that they will look to bring on "one or more strategic partners" to presumably help defray any losses they incurred (or may incur) related to the Madoff incident (this could be actual losses to Madoff or, more likely, money returned to other investors by way of the lawsuit brought against the Wilpons and others among the few actual beneficiaries of the scheme). It's also likely that the ongoing slump in the commercial real estate market isn't doing the Wilpons and Sterling Equities any favors, either.
Here is the press release.
As Sterling Equities announced in December, we are engaged in discussions to settle a lawsuit brought against us and other Sterling partners and members of our families by the Trustee in the Madoff bankruptcy. We are not permitted to comment on these confidential negotiations while they are ongoing.However, to address the air of uncertainty created by this lawsuit, and to provide additional assurance that the New York Mets will continue to have the necessary resources to fully compete and win, we are looking at a number of potential options including the addition of one or more strategic partners. To explore this, we have retained Steve Greenberg, a Managing Director at Allen & Company, as our advisor.
Regardless of the outcome of this exploration, Sterling will remain the principal ownership group of the Mets and continue to control and manage the team’s operations. The Mets have been a major part of our families for more than 30 years and that is not going to change.
As we have said before, we are totally committed to having the Mets again become a World Series winner. Our fans and all New Yorkers deserve nothing less.
The Wilpons aren't going to sell the team, but they will look to add some minority investors in the club, and by "minority" I think we're still looking at something on the order of $100 million. If the Wilpons needed just a few million dollars in order to maintain the fiscal solvency required to run the Mets they could get that from any number of people and there never would have been a press release. We're surely talking about a lot of money here.
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Aha!!!
How about they just sell the team to someone not named Dolan.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
how about
somebody named Cuban?
The MetsCast: Dedicated to the New York Mets and the community of fans that supports them.
I'd rather have a local owner
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
why?
there is zero risk that the team is going to move.
What Would Matt Szczur Do?
by Hoyadestroya85 on Jan 28, 2011 2:19 PM EST up reply actions
We'll probably sink when trying to cross the ocean.
In lobby for: Jaime Cevallos, Zack Lutz, orange unis
The Unwritten Rules of AA
I specified that I want someone not named Dolan
I’d rather have Osama bin Laden buy the Mets than the Dolans.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
In that case, I'd stay away from fireworks night ...
Just saying ….
by brooklynlou on Jan 28, 2011 4:18 PM EST up reply actions 2 recs
I think you're misinterpretting things a bit
they aren’t copping to the Madoff thing being a big deal. They just said that maybe they might want to take on some minority partners…perhaps. So fans can have a little more assurance that baseball operations won’t be affected.
Its not some signal flare for a rescue or something.
The MetsCast: Dedicated to the New York Mets and the community of fans that supports them.
Read between the lines
they’re selling a stake in the team. That’s not a ho-hum revelation. The facepalm aspect of this is that they’re going to remain in sole control of this, their family business. Yech.
It's so weird, the way they emphasize that family thing: "that is not going to change."
Like, the constituency of people (Sterling-related people) who that speaks to is what, 20, tops? They spend a not insignificant portion of the release’s info and emphasis talking to those 20ish people? Because if they’re talking to the people outside that group, what they’re saying is “screw you all, it’s ours, dammit, it’s ours!”
If there is one thing we have learned after all this time, it’s that the Wilpons are utter idiots when it comes to public relations. They’re so freaking defensive. If they only knew what heeding the advice of a reasonably intelligent PR person over the past 20 years could have done for them.
Eh
I think you’re misinterpreting my (mis)interpretation. I’m not suggesting the Mets are going to sell the team (they won’t), but I think you may be reading the press release a little too literally. If the Mets needed a tiny bit of financial flexibility I doubt there would be any press release. We’re probably talking about $100 million or more here.
Exactly
It is not difficult for successful businesses with nearly a billion in potential collateral to get short term paper (loans), and it is certainly not press release worthy. I am sure the pons will try to keep majority interest, but I doubt they will be able to pull that off.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:02 PM EST up reply actions
Right
The difference between collateralized loans and a “strategic partner” is that banks will require greater control/ops oversight rights than such a partner, who I believe they are hoping will be some rich guy looking to invest in baseball more on a lark or to get a right of first refusal over a later sale than any actual control now.
That’s why I question the idea of insolvency below. It’s exceedingly rare for a sports franchise to be insolvent, and especially one in a major market with in-house cable distribution.
My feeling is that this is a play to get through a short-term scenario without leverage or giving up equity control rights.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 1:20 PM EST up reply actions
cable distribution
The problem is that the cable distribution was just built – and probably done so with debt. Same with much of the stadium financing. Like many before them, the pons built too much, too quickly, too highly leveraged, and with the reserves disappearing overnight… dishes are done.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:23 PM EST up reply actions
I think this is right
If anything the economic situation has more to do with the general issues in the NYC real estate market than with Madoff. Sterling’s portfolio was laden with NY properties, and it’s a lot more difficult to realize cash out of these investments now than before. It’s a liquidity issue, if I’m reading the tea leaves correctly. I think Madoff is just a convenient way to perhaps pass the buck. Now, clearly I don’t know if any of this is true, but while it seems like the need to pull liquidity out of existing assets to cover whatever the Madoff settlement might be could be the trigger, if you look at the numbers involved in that settlement it doesn’t make sense that that’s the only reason.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 12:51 PM EST up reply actions
I dont think we are talking liquidity issue here
Honestly, this looks a lot more like a solvency issue, but that is just my speculation. A “strategic partner” is not a small thing.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:03 PM EST up reply actions
Same thing, kinda
I doubt with their equity valuation it’s a solvency issue, especially because no one would buy into equity if there was an insolvency risk. It’s a cash crunch. They are worth far too much for Madoff to threaten solvency.
Other thought: if Jeffy is getting a reduced role in the day to day, perhaps his toy has gotten a little less fun and he wants to move on? Likewise, there’s no evidence for this either way, but it seems logical.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 1:08 PM EST up reply actions
The diff
Liquidity is short term. Solvency is long term. If you have a short term problem you can issue commercial paper and make payroll or whatever. If you have a long term problem, then banks force you to sell assets.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:10 PM EST up reply actions
Which is exactly why I don't think it has anything to do with insolvency
Maybe short term ability to pay debts when due but certainly not long-term enterprise/going concern value. And short term insolvency risk, as you correctly note, is really just a liquidity matter.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 1:23 PM EST up reply actions
Mook, I'm with Dandy on this one ...
This isn’t a liquidity issue, its a solvency issue. If it was liquidity, they would have take out some short term loans at an attractive interest rate and since they own 99% of the Mets, no one would know.
For them to issue a press release about ‘strategic partners’ means they have some serious debts coming due that they can’t cover and that are heinous enough to make a bank pause. We’re probably talking north of a 100M.
They may have not ‘lost’ anything in the Madoff scandal, but that missing 700M was probably leveraged up the yazoo. If they can’t make a payment and have no cover, the house of cards comes falling down.
whether it's insolvency or liquidity i think we're getting slightly semantic
the mets are most likely the best looking thing in the wilpons portfolio. they probably have a lot of debt coming due and their sizable “investment” with madoff imploded. so rather than take on more debt with short term paper (which they may still be able to do), theyre bringing on an equity party to get cash. if they sat on their hands and did nothing they might end up having to declare bankruptcy by i’m guessing selling stakes in the mets is merely their best option, and not their “only” option. just how much their options vary in attractiveness and feasibility is mostly speculation on our part.
that’s my take for what it worth. it’s a big deal but not close to crisis mode yet, so i agree most with what mookie is saying but i dont think anybody is necessarily “wrong”.
HELLO HELLO MR WILPON... BUY THAT MANSION. WE DONT NEED A CONDO.
agree with this
bottom line though is the Wilpons have mislead if not lied about their financial status for a long time and now they have been caught. In a ironic way, this may serve to reedem Omar somewhat(not really but in the eyes of some media types maybe) since it now seems clear he never really had any payroll flexibility the last couple of years.
Never trust anything the Wilpons say, about signing A-rod in 2000 up to and including this. To paraphrase Reggie jackson, one is a born lier, the other I hope will someday be convicted.
Thus spake lohaus#54
lohaus#54
Save Jenrry Mejia!
by Ogre39666 on Jan 28, 2011 9:33 PM EST up reply actions 3 recs
Wrong again, champ.
Spake is a legitimate, though archaic, word.
I am willing to wait to build a world class franchise (h/t to millsy)
by BobbyV_Incognito on Jan 29, 2011 9:23 PM EST up reply actions 2 recs
I'm guessing you're not into classic literature.
lohaus#54
Save Jenrry Mejia!
by Ogre39666 on Jan 30, 2011 3:04 AM EST up reply actions 1 recs
no not really i just like when your mommy reads me a bed time story if you get my drift ..
lohaus #54
Classy, real classy.
I am willing to wait to build a world class franchise (h/t to millsy)
by BobbyV_Incognito on Feb 2, 2011 1:34 AM EST up reply actions
May I recommend
this. Though I don’t think there are pop-ups if you get my drift…
Save Jenrry Mejia!
by Ogre39666 on Feb 2, 2011 3:47 AM EST up reply actions 2 recs
Wow
Fifteen words and I count seven grammar and spelling errors. Nicely done.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 29, 2011 2:54 PM EST up reply actions 2 recs
Quality Assurance Department has spoken.
Nice find E. Simon! ;-)
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 29, 2011 3:46 PM EST up reply actions
ok bill gates anything you say einstein go watch another episode of dahrma and greg you butt nutt
lohaus #54
by lohaus#54 on Jan 29, 2011 6:28 PM EST up reply actions 2 recs
this is one of the funniest posts i've read on AA in a LONG time
i think i may change my tag to
ok bill gates anything you say einstein
HELLO HELLO MR WILPON... BUY THAT MANSION. WE DONT NEED A CONDO.
by kendynamo on Jan 29, 2011 7:11 PM EST up reply actions 1 recs
Do it!!!
Lohaus#54
Chamption of the R.A. Dickey Face contest and "Cromulent Photoshopper Extraordinaire" of Amazin' Avenue!
by Steve Schreiber on Jan 30, 2011 1:12 PM EST up reply actions 1 recs
Fine, but I'm changing mine to
go watch another episode of dahrma and greg you butt nutt
John Franco (shoulda been) HOF 2011
by JoeBighead on Jan 30, 2011 3:38 PM EST up reply actions 1 recs
This sentence is just a confusing mess.
Even more than usual. Is he Bill Gates, or Albert Einstein? And of all possible pop culture references, why Dharma and Greg? That’s about as random as you get. And what is a ‘butt nutt’?
I am willing to wait to build a world class franchise (h/t to millsy)
by BobbyV_Incognito on Jan 29, 2011 9:24 PM EST up reply actions 1 recs
I think "hot mess" is more apt here.
Per the Urban Dictionary; butt nut has a total of three definitions. Though I find them all quite humorous, I’m loathe to actually type them out here for fear of being banned. Feel free to check the link. You’ll be inclined to chuckle. :-)
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 30, 2011 7:31 AM EST up reply actions
Correction. The term has six definitions. I'm very glad I didn't type them out here.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 30, 2011 7:33 AM EST up reply actions
mmmm word salad
Hey, wait! I'm having one of those things. You know? A headache with pictures?
by KeithsMoustache on Jan 30, 2011 11:14 AM EST up reply actions 1 recs
Wow some honesty
Crazy, they are pretty much unsuccessful at everything.
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
Couldn't they have just gone to Craigslist?
“Rich Dope ISO Dopier Rich Guys to Invest in Pet Project. Must love baseball and my equally dopey son. Turn-ons include you not being involved or asking questions about what my son and I are doing with your money, and winning the back pages. Turn-offs include you asking too many questions or thinking that you get any say in the team because it’s mY TEAM AND DAMMIT I’M IN CONTROL HERE! EVERYTHING IS JUST FINE!
Please respond at the above e-mail address. No spam, please."
"He's definitely mixing it into his repertoire. That's French for 'repertoire' " - Keith Hernandez
by Catsmeat Potter-Pirbright on Jan 28, 2011 12:46 PM EST reply actions 9 recs
cats are OK - purrr
dogs are OK – wooof
by TheBigStapler on Jan 28, 2011 1:45 PM EST up reply actions 3 recs
Will do anything you want
except go overslot
prokohrov and cuban!!!=mets are the new yankees
"17-14 is the final, OK? 17-14 fellas. ONE touchdown and we are WORLD CHAMPIONS!! BELIEVE it, and it WILL happen!!"
No Cuban
Prokohrov… I almost want that to happen just to see how it will unfold.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
Why not Cuban?
He puts money into his franchise and hires smart people. He might be a bit of a distraction media wise, but he usually does what he does for good reasons.
Save Jenrry Mejia!
yeah so far prokahrov is doing a wonderful job with the nets he is a cheap skate other wise mello would be a net.
lohaus #54
You really don't know
what you’re talking about.
What's that about?
by Brian. on Jan 28, 2011 10:38 PM EST up reply actions 4 recs
Lohaus#54
Lohaus#54
Chamption of the R.A. Dickey Face contest and "Cromulent Photoshopper Extraordinaire" of Amazin' Avenue!
by Steve Schreiber on Jan 28, 2011 10:53 PM EST up reply actions 3 recs
Now in addition to Jeff Wilpon face
We have Fred Wilpon face.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
Settle down doom day prophets.
It’ll be years before they have to pony up any money regarding the Madoff scandal, if at all. This is about putting it out there that they are willing to sell a minority stake in the team to create some liquidity to keep the franchise going in the right direction. Fred said himself that he is willing to add to the payroll this year if the team is competitive.
by The real Julio from Paterson on Jan 28, 2011 12:52 PM EST reply actions
But he won't
He didn’t last year at the ASB.
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
Omar was misspending
Thats why he didnt. Plus I think they really felt the addition of beltran was going to help last year.
by The real Julio from Paterson on Jan 28, 2011 12:58 PM EST up reply actions
What was the Jason Bay signing?
That occurred after Madoff broke.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
Sounds right to me
Just a liquidity issue, probably involving both expected losses out of Madoff and the inability to quickly pull cash out of a real estate portfolio (which in this market doesn’t surprise me at all, especially with the leftover leverage that exists on buildings/ventures all over the place).
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 12:56 PM EST up reply actions
Truly Shocking!
http://www.youtube.com/watch?v=AIX_0nMlIBU
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 12:54 PM EST reply actions
please
sell the team to people who actually care about baseball.
"they're still shitty"
by Help!I'maRock! on Jan 28, 2011 12:57 PM EST reply actions
Wilpons
we are looking at a number of potential options including the addition of one or more strategic partners
Wow! Imagine the valuation! I wonder if they could get a billion!
Sterling will remain the principal ownership group of the Mets and continue to control and manage the team’s operations.
Ewwww. imagine the valuation. I wonder if they can get $100m.
What a tempting deal for investors. They put up the money, and the same fools continue to own and run the team. What could go wrong?
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 12:58 PM EST reply actions 2 recs
Ha
I think they are depending on your namesake to be be the strongest selling point. If the effectiveness of the payroll is maximized through a great FO and great farm the team can be hella profitable.
by The real Julio from Paterson on Jan 28, 2011 1:01 PM EST up reply actions
I think thats why we got the SWAT team ...
Alderson, Depo and Riccardi are there to ensure any potential investor that Skillsets Jr. is not calling the shots with their money.
The interesting question is whether Wilpon voluntarily hired Alderson, DePo and Riccardi or if they were thrust upon the Wilpons as a prerequisite of someone buying a minority stake. The reason I mention this is that Omar hanging around the team is a bit strange.
from this point forward
can we please refer to Jeff as “Skillsets Jr.”?
"they're still shitty"
by Help!I'maRock! on Jan 28, 2011 2:28 PM EST up reply actions
I don't think they were thinking of other stakeholders at that point
But it seems clear we have Madoff to thank for getting Alderson. The Wilpons were forced, against their every impulse, to submit to what Baseball Inc. wanted them to do, and what baseball wanted them to do was get serious and take Jeff’s toy away.
by SuperT on Jan 28, 2011 3:12 PM EST up reply actions 1 recs
Guys
it’s bake sale time
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
by Gina on Jan 28, 2011 1:04 PM EST reply actions 6 recs
I made this joke to my friends about 2 minutes after this came up
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 1:05 PM EST up reply actions
How about we do a car wash at Citi
Save Pop Tates!
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:07 PM EST up reply actions
No bake sale
Saul Katz will be selling M&Ms on the subway.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
Katz
Any joke w Saul Katz is funny. Couldnt say why, its just the way it is.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:08 PM EST up reply actions
Hi my name is Saul
And I’m selling candy to support my local baseball team, and it’s academies in the Dominican Republic.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 1:09 PM EST up reply actions 5 recs
Is that Bob Oedenkirk?
I am willing to wait to build a world class franchise (h/t to millsy)
by BobbyV_Incognito on Jan 29, 2011 9:25 PM EST up reply actions
we actually make hella money doing drunk bake sales at school
we just stand outside all the bars and clubs from like 1-3 AM Thursday-Saturday night and kids come out wasted, or otherwise impaired by questionable substances, and just handing whatever cash they have left for cupcakes and cookies.
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
That is very smart.
How have we gotten so far into bake sale history without the connection between drunkenness and purchasing, or drunkenness and eating, becoming apparent?
Better Question
Who not named Mark Cuban would you like for them to bring aboard. The requirements are fairly simple in my book:
1. Such person must be filthy rich.
2. Such person must have a good business track record.
3. Such person must have a name or personality that makes poking fun at him/her very easy.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
Piazza
has some money
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:09 PM EST up reply actions
Hmm.....Rush Limbaugh? (I keed, I keed)
There is no hope.... there is no future....there is only GRISSIONZ
The 2011 Mets- Rock bottom: We haven't reached it yet
Why not?
Rush would be great. Can you imagine him in the booth doing an occasional play by play ….
So it's settled.
Richard Branson is our new owner.
by bjk3047 on Jan 28, 2011 1:19 PM EST via mobile up reply actions
not to poke fun at him...
But I’d love for Bill Murry to get in on this.
The MetsCast: Dedicated to the New York Mets and the community of fans that supports them.
Oh God, those requirements can lead to many disasters.
What would happen if Bill Gates took over the Mets?
In lobby for: Jaime Cevallos, Zack Lutz, orange unis
The Unwritten Rules of AA
Can it REALLY get any worse if Gates took over?
I mean the Mets already crash more often than Windows™.
by brooklynlou on Jan 28, 2011 2:19 PM EST up reply actions 5 recs
Sell it...sell it now!
Only way out…sell the team
Grouchoman
"The 2010 Mets - We wear pinstripes too!"
they'll sell it to someone worse
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
Not sure that's possible
There is no hope.... there is no future....there is only GRISSIONZ
The 2011 Mets- Rock bottom: We haven't reached it yet
As a Knick & Ranger fan
I disagree
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
Is Dolan really any worse than the Wilpons??
There is no hope.... there is no future....there is only GRISSIONZ
The 2011 Mets- Rock bottom: We haven't reached it yet
yes
decidely
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
and decidedly as well
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
The Wilpons will have to hold a press conference about this
If I ran a newspaper, I’d send my financial reporters to cover this.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
Its on Bloomberg
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:14 PM EST up reply actions
Jerry Seinfeld should buy the Mets
to make our Team About Nothing official.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
by Russ on Jan 28, 2011 1:15 PM EST reply actions 5 recs
This is such a great idea I can't even comprehend it
Rec’d
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 1:24 PM EST up reply actions
The 'Pons i-banker
Steve Greenberg is Hank Greenberg’s son.
http://money.cnn.com/2010/05/10/news/companies/greenberg_sports_deal_king.fortune/index.htm
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:20 PM EST reply actions
The Hebrew Hammer Part 2!!!!
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 28, 2011 1:23 PM EST up reply actions
Here's a new owner shopping list
http://www.forbes.com/wealth/forbes-400#p_1_s_arank_-1_New York
I like #20 on the Forbes 400. John Paulson is 55, runs a hedge fund, is worth $12.4 billion, and … drum roll please… he’s from Queens!
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
The link should be
http://www.forbes.com/wealth/forbes-400#p_1_s_arank_-1_New York
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
The Steinbrenners are going to buy the team
Use it as a 2nd AAA team.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:38 PM EST up reply actions
Yes, but Madoff is also from Queens.
What's the score, boys?
What did Bugs Bunny do?
What's with the Carrot League baseball today?
Yes, but he definitely doesn't have the money anymore.
Unless the Wilpons accept Marlboros.
I am willing to wait to build a world class franchise (h/t to millsy)
by BobbyV_Incognito on Jan 31, 2011 1:27 AM EST up reply actions
They are born losers
Wilpons = fail at everything
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
They didnt fail too badly at real estate
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:41 PM EST up reply actions
Recently they have
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
Do you have a recent P&L statement from Sterling to back that up?
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
No but they fell off the list
For highest valued privately held companies in the NY area
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
how far did they fall?
like were they near the bottom to begin with? And did they fall or did other companies just make huge gains?
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
"The List"
What is this list, and where can we read it?
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
.jpg)
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 2:32 PM EST up reply actions 5 recs
Oh noes, not again the "lets bat RAY ASS #3 in the lineup"!
Plus, the 2B bats like a girl.
In lobby for: Jaime Cevallos, Zack Lutz, orange unis
The Unwritten Rules of AA
by Michkin on Jan 28, 2011 2:33 PM EST up reply actions 2 recs
Creep
http://www.crainsnewyork.com/section/business_lists
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
That would be great
He could hire Dykstra as GM. “Lenny is one of the great ones”
http://www.youtube.com/watch?v=Lo77x4VeoQE&playnext=1&list=PL498DA31BEF3BF845
Cramer : Finance = Heyman : Baseball
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:54 PM EST up reply actions
great cameo in arrested development
i like what im seeing and i’m upgrading the mets to a DONT BUY
HELLO HELLO MR WILPON... BUY THAT MANSION. WE DONT NEED A CONDO.
Mega Millions is $77 Million Tonight
Let’s win that and use it to buy a stake in the team. Pretty sure that would make this the most kick ass sports blog ever.
by josejosejose on Jan 28, 2011 1:52 PM EST reply actions 1 recs
if I win Mega Millions
the Mets can kiss my ass.
by fxcarden on Jan 28, 2011 2:05 PM EST up reply actions 1 recs
fxcarden
As I have been an on-again – off-again contributor to this blog I have read and laughed to numerous comments, stories, pictures and videos. The subjects have covered everything from good and bad Mets baseball; food (especially Mo Vaughan sandwiches & bacon) and absurd baseball statistics that I’ll never understand nor care to. Through it all, I have laughed heartily and heavily.
But nothing made me laugh as hard as your simple comment:
If I win Mega Millions the Mets can kiss my ass.I just felt your pain, sorrow and frustration as a Mets fan in that beautifully simple statement.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 4:57 PM EST up reply actions
well for me it has nothing to do with pain and sorrow
even if they weren’t a hot mess they sure as hell wouldn’t be at the top of my list of things to spend 100 million on.
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
But you just contradicted yourself by your comment below (in the thread) regarding Russ' question about investing in the Mets if you had the money
if I had an interest in owning a stake in a major sports team
and a few hundred million lying around definitely.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 5:10 PM EST up reply actions
how does that contradict anything?
I don’t have any interest in owning a stake in a major sports team, hence why it wouldn’t be at the top of my list?
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
I guess I just read
“if I had an interest in owning a stake…” that you “would” be inclined to do so. Perhaps I mis-understood you. You sure have been uptight lately G-money. C’mon gal! Relax!
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 6:28 PM EST up reply actions
well, I'm glad I made your day better
I strive to make one person’s day better each day. Today, it was your turn.
Everybody gets one.
Chamption of the R.A. Dickey Face contest and "Cromulent Photoshopper Extraordinaire" of Amazin' Avenue!
by Steve Schreiber on Jan 28, 2011 9:37 PM EST up reply actions 2 recs
Here's what I'm trying to figure out
Its one thing to buy 1% of the team just so you can say that you’re a part owner. Its another to shell out perhaps $100+ million for say 10-20% of the team, and not have a say in how it operates. Who would do that?
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
Only in Fred's fantasy
would such a buyer exist.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 1:57 PM EST up reply actions
i don't think it's actually that uncommon
I know the steelers had owners who owned like 30% and had no say or any interest in operations at all until recently. The mets are probably pretty close to a guaranteed profit maker, even under buffoonery management.
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
Perhaps
But if it was a slam dunk, they wouldnt have to advertise this great investment opportunity through the press.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 2:00 PM EST up reply actions
they're not advertising it
they’re issuing a press statement for the media. A sports team selling 10-20%, if they sell that much, is a pretty big deal. I doubt the press statement had anything to do with attracting interest, more to do with explaining what they’re doing to the media and fans rather than letting the media make up their own conclusions.
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
Yes definitely
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
But they dont have an investor
They are seeking one. They practically gave the investment banker’s contact info. This looks like a solicitation to me.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 2:14 PM EST up reply actions
Or they just gave his name for clarification
because it was an obvious question the press was likely to ask?
I don’t see how it looks at all like solicitation, it looks like a normal press release. I’m pretty sure the steelers made a similar one 2-3 years ago when they were trying to buy out their cousins shares,
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
If THAT isnt a solicitation
Then what do you call this?
http://newyork.craigslist.org/que/for/2185172214.html
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 2:35 PM EST up reply actions 2 recs
No they were showing how gangsta the I banker is
Allan & Co, son
R.A. Dickey "I do have thoughts on that. I don’t want to make them public."
THE WALTER REED 3 - Terrible Teammates, Worse Human Beings.
SNY is the guaranteed profit maker
not the Mets baseball team. So sayeth Darren Rovell from CNBC.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 5:00 PM EST up reply actions
Someone who does their due diligence
and projects their investment to accrue gains. The vast majority of all the world’s investors have little to no say in how their investment is used. An investment is a sign of faith in the management—or at least their product.
by TheBigStapler on Jan 28, 2011 2:01 PM EST up reply actions
Sports teams historically are bad investments
Its more like buying a Bentley.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
yeah but it's not really fair to compare sports teams blanketedly
it’s obviously going to vary drastically depending on what sport and what location. Obviously a hockey team in some podunk non hockey interested state isn’t going to be a safe investment, or a soccer team anywhere. I’d imagine the mets are about as safe an investment as you can find, in sports, and a pretty safe almost guaranteed money maker.
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
i wish you would have told me that
before i doubled down on my phoenix coyote investment back in 2000.
HELLO HELLO MR WILPON... BUY THAT MANSION. WE DONT NEED A CONDO.
by kendynamo on Jan 28, 2011 2:49 PM EST up reply actions 3 recs
Would you invest your money in the Mets if the Wilpons were calling all the shots?
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
by Russ on Jan 28, 2011 3:08 PM EST up reply actions 1 recs
if I had an interest in owning a stake in a major sports team
and a few hundred million lying around definitely.
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
So Gina
You’re happy w/the status quo of the Mets? Is that what you’re saying?
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 5:06 PM EST up reply actions
?? I don't see how the two things are related
we’re not talking about a mets fan investing, we’re talking about some millionaire/ billionaire, as long as status quo is bringing him in money and giving him all the perks benefits of being an owner in a sport teams why would he be unhappy?
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
Once again
I guess I misunderstood you (wouldn’t be my first time misunderstanding women – poke).
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 6:29 PM EST up reply actions
Where is wikileaks when we need Mets/Sterling Equities/Madoff financial statements?
In lobby for: Jaime Cevallos, Zack Lutz, orange unis
The Unwritten Rules of AA
Guaranteed...
…when Wikileaks releases those financial industry records, just hit: CNTL+F on your keyboard and do key word searches for:
WILPON, MADOFF. You’re sure to find something.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 5:02 PM EST up reply actions
we should lobby Wilpons to sell the team
and lift his curse already!
"Fantasy, reality, science Fiction. Which is which? Who can tell?"
...haha...by the way, is it me, or does the "expressions" on the Wilpons' faces
remind you of Dumb and Dumber? I get a good laugh the more I look at the photo…
"Fantasy, reality, science Fiction. Which is which? Who can tell?"
We just need to get 10k AA members, each one throwing away $ 100,000.00.
In lobby for: Jaime Cevallos, Zack Lutz, orange unis
The Unwritten Rules of AA
as much a I love the mets
I can think of so many better things to drop 100,000 k on.
I feel bad for my little brother. He walked in and saw that the score of the Nugs-Magic game was 88-89 and thought it was high scoring.
All he knows is the Nets.
by Maxyboy on Dec 14 2010
Rex Ryan lobby for championship toe ring.
Indeed.
First thing I would buy is a large bacon sandwich.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 5:05 PM EST up reply actions
if i had the cash
however, i’m what they often cal “poor” and thus can’t quite achieve that level of investment.
Hey, wait! I'm having one of those things. You know? A headache with pictures?
by KeithsMoustache on Jan 28, 2011 11:59 PM EST up reply actions
they may need financial help OR
they may just be reallocating their capital structure. the value of the mets, and most sports franchises, are in their rising market values, not their cash flows, mainly because rich people will pay premiums for such trophy assets and the attendant perks (ie access to players, games, bragging rights, etc). so there’s a so-called “picasso effect”. one can assume that owners would rather take out loans on these assets rather than sell equity to minimize the risk of losing these perks (see: Nelson Doubleday Jr). from what we know, the wilpons currently own or control 100% of the mets or thereabouts, so maybe this is just the easiest way for the wilpons to delever their entire portfolio, since it’s probably harder to sell equity in their real estate concerns.
just a theory though. the wilpons could also be royally effed in the ae and this is the canary in the coalmine. however, one can’t conclude that it’s an ironclad sign of the wilpon’s demise, as much as we may wish it were.
HELLO HELLO MR WILPON... BUY THAT MANSION. WE DONT NEED A CONDO.
Tulipmania comes to mind Ken
Nice write up.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 5:07 PM EST up reply actions
i assume you're referring to Dutch Tulip mania
in which case excellent use of historic examples.
Hey, wait! I'm having one of those things. You know? A headache with pictures?
by KeithsMoustache on Jan 29, 2011 12:00 AM EST up reply actions
Yessir. Dutch Tulip mania.
Reading an excellent book entitled: Extraordinary Popular Delusions & the Madness of Crowds. It’s simply marvelous. We humans truly are silly and weak creatures.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 30, 2011 7:36 AM EST up reply actions
yes we are
and thats what makes us so amusing
Hey, wait! I'm having one of those things. You know? A headache with pictures?
by KeithsMoustache on Jan 30, 2011 11:15 AM EST up reply actions
If someone sold tickets
I’d pay to watch. ;)
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 30, 2011 6:32 PM EST up reply actions
I believe they call it "taxes"
Hey, wait! I'm having one of those things. You know? A headache with pictures?
by KeithsMoustache on Jan 30, 2011 7:02 PM EST up reply actions
Hahaha!
Received sir!
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 30, 2011 7:12 PM EST up reply actions
awesome photo of befuddled wilpons btw
fred: whelp!
jeff: a-durrrrrrrr
HELLO HELLO MR WILPON... BUY THAT MANSION. WE DONT NEED A CONDO.
If they sell the team
would the present front office stick around? I like our front office now.
by aparkermarshall on Jan 28, 2011 2:54 PM EST reply actions
It would be up to the new ownership
but with their pedigree I find it doubtful they’d be removed even in the unlikely case that the Wilpons are no longer majority owners.
Save Jenrry Mejia!
It would figure...
we finally get our smart front office and then in a year or two when things are starting to look rosy, the team is sold to some new idiot who clears house and brings in the great Bill Bavasi to “run” things (straight into the ground). That would be a total nightmare and yet, considering the luck of this franchise, not all that unbelievable.
Chamption of the R.A. Dickey Face contest and "Cromulent Photoshopper Extraordinaire" of Amazin' Avenue!
by Steve Schreiber on Jan 28, 2011 9:44 PM EST up reply actions
I'm having a hard time trying to figure out if this is good news or not.
Oh, the butcher and the baker and the people on the street: wheredotheygo?!?!? Right here: http://myentireteam.wordpress.com/
only if it helps us get lebron
"17-14 is the final, OK? 17-14 fellas. ONE touchdown and we are WORLD CHAMPIONS!! BELIEVE it, and it WILL happen!!"
Irving Picard
He seems to be doing ok as the trustee liquidating the Madoff estate (a reward for a lifetime of dealing with lots of “no asset” cases. I was trying to get into bankruptcy court a few weeks ago and first time ever I had to wait in a line around the block. It was the hearing on the Pickower (sic?) settlement that was holding stuff up.
Fred and Jeff should do what she did. Give it all back. Don’t even fight it. I don’t believe in hell, but why risk it? :) And to think Bernie’s kid committed suicide right before that settlement was announced, which means the victims are getting back almost half what they put in already.
I'm laughing hysterically at the following comment from Fred Wilpon
via ESPN.com
“We will continue to operate the franchise in a first-class manner. This season we have one of the highest payrolls in baseball, as we have for the past several years.”
Just because you have one of the highest payrolls in baseball doesn’t mean it is a smart payroll. ‘First-class’…That’s rich! (pardon any pun you may infer).
Michael Kaye (though I loathe him) had a great Q&A w/Darren Rovell from CNBC today in reference to this topic. One of the more interesting things I gathered from the discussion is that owning a baseball team isn’t that profitable a business, relative to owning a network like SNY.
If the Wilpon’s are concerned with having to perhaps give back $48 million (via a lawsuit) “made” by investments w/Madoff, are they (as a family) so hard up for cash that they don’t have it on hand from profits made by SNY, real estate, etc? What was done w/the $48 million (surplus) after they divested themselves of their investment(s) w/Madoff prior to Madoff being found out?
I still believe the Wilpon(s) family is more affected by investments made w/Madoff than they’re letting on. The sheer fact that they’ve made “no” considerable moves this off-season is evidence enough.
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 4:46 PM EST reply actions
Thank you
Captain obvious.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 28, 2011 6:32 PM EST up reply actions
It took you two hours to come up w/that?
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 28, 2011 6:39 PM EST up reply actions
I have two questions / obervations
If the WIlpons “made” $48 milliion off the ponzi scheme, why are they being sued for $1 billion ?.
Putting the billion thing aside……..
If they have to repay $48 million, why do they need to sell a piece of the team ?. I mean, just get rid of K-Rod and you’re half way there.
Yeah, this is not about $48 million
Unfortunately Sterling Equity is too opaque for us to know exactly what is going on.
"The Mets are gonna be amazin'!" - Casey Stengel
"Bounding and astounding!" - Clyde Frazier
Solvency
Picard, the Madoff trustee, has been getting big settlements. The courts have agreed that anyone who took out more than he paid in was unwittingly stealing from other victims and has to give it back. And if they facilitated Madoff, by urging other people in, despite warnings from Wall Street, he goes after penalties. (I don’t know if that applies to Pons.)
I wonder if Alderson was warned of this possibility. The Pons seems to want the kind of majority partner control that Steinb had, but I doubt if big investors will want to give it to them. They should have the grace to sell outright. Otherwise the team could be under a financial cloud for years. Urge to preserve a family toy is a bad reason to spoil the game for millions of loyal Mets fans. This is a civic asset, not a personal fiefdom. If it starts going that route, fans should organize an appeal to the league.
Well said
Assuming the factual matters you note are true, and it seems more and more likely that at least most, if not all, of them are.
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 29, 2011 2:56 PM EST up reply actions
The Times article said that one Sterling-related fund is not included in the investigation,
a fund run by Katz and a guy named Stamos, and Stamos had been pointing Wilpon Inc toward red flags surrounding the Madoff funds. If there’s evidence that they were bringing people in even as their own affiliate was pointing them toward evidence of sketchiness, they’re in trouble, no?
Possibly
Those would have to be some glaring red flags, especially for fools like the Pons to suspect their friend. Tough to assume that even a sophisticated investor would have figured it out.
Anyway, nice to know Stamos has been busy since full house.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 29, 2011 4:58 PM EST up reply actions
Clearly
How could you sue this sweet mullet?
It's a triumph of number crunching over the human spirit...aaaaaand, it’s about time. -- Play-by-Play Announcer, The Simpsons.
by MookieTheCat on Jan 30, 2011 7:21 PM EST up reply actions
All business in the front
and all party time in da reeeeear!
by ScottfromPeekskill on Jan 31, 2011 11:33 AM EST up reply actions
I'm wondering:
Does anyone here think an unofficial gag order has been placed on the Mets players?
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 29, 2011 3:48 PM EST up reply actions
The wouldnt have any inside knowledge
I doubt the FO would either.
"But also, there are lockers… and it’s a room… so, I call it a locker room."
-Matthew Cutandpasteone
by Dandy Salderson on Jan 29, 2011 4:59 PM EST up reply actions
NO.
But, for the last few years, they have been under an official choke order.
(try the veal, folks).
Here ya go.
Chamption of the R.A. Dickey Face contest and "Cromulent Photoshopper Extraordinaire" of Amazin' Avenue!
by Steve Schreiber on Jan 29, 2011 11:13 PM EST up reply actions
"Gold Jerry! Pure gold!"
"Give me liberty or give me Mets!"
by LOUtheMETandNATSfan on Jan 30, 2011 7:38 AM EST up reply actions
Let me guess ...
You’re here all week …
(Or if you’re Lohaus#54 “Your hear all weak”)
by brooklynlou on Jan 30, 2011 8:46 AM EST up reply actions 3 recs
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