Mike Silva - NY Baseball Digest has brought to light a theory, speculation if you will, that many have been rumbling about all season. The Mets will not be adding payroll to this years’ team. In fact, he goes as far as to say that the acquisition of Jeff Francoeur might very well to the only “significant” piece they will add.
Silva bases his beliefs on an article published in the NY Post (Bart Hubbuch) on July 14th, that suggests that the Wilpon’s might have lost as much as $700M to Bernard Madoff in his now notorious Ponzi scheme.
Legally and morally, the Wilpon’s conduct Sterling Enterprises and the New York Mets as separate businesses like they should, but having been burnt badly, and with the ongoing terrible economy, Fred and Jeff might be remiss to go spending oodles of dough. They have the highest payroll in the NL at $145M committed to players this year. Silva goes as far as to say, “Maybe just being shamed by a “good friend” is enough to disengage them from spending money, regardless of whether it’s the baseball team, or real estate.”
Silva states some of the well known ‘embarrassments’ the Mets have suffered: Mike Scioscia’s HR, the 'Worst Team Money Could Buy', Scott Kazmir, and the collapses – but for the Mets and their fans to accept that as of now there is no present and no future due to Madoff, that would be the “worst insult.”
Silva bases his beliefs on an article published in the NY Post (Bart Hubbuch) on July 14th, that suggests that the Wilpon’s might have lost as much as $700M to Bernard Madoff in his now notorious Ponzi scheme.
Legally and morally, the Wilpon’s conduct Sterling Enterprises and the New York Mets as separate businesses like they should, but having been burnt badly, and with the ongoing terrible economy, Fred and Jeff might be remiss to go spending oodles of dough. They have the highest payroll in the NL at $145M committed to players this year. Silva goes as far as to say, “Maybe just being shamed by a “good friend” is enough to disengage them from spending money, regardless of whether it’s the baseball team, or real estate.”
Silva states some of the well known ‘embarrassments’ the Mets have suffered: Mike Scioscia’s HR, the 'Worst Team Money Could Buy', Scott Kazmir, and the collapses – but for the Mets and their fans to accept that as of now there is no present and no future due to Madoff, that would be the “worst insult.”
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