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The baseball team and the regional sports network of which it owns 65%, SportsNet New York, have over $1 billion in debt combined, according to sources. The Mets have about $430 million of debt while SNY has near $750 million of debt. Of that $750 million, the owners of the Mets are on the hook for some $450 million, putting their total obligations near $900 million

via Mets Owners Are Debt Free But Team And Its Network Owe Over $1 Billion – Forbes.

I am not a financial reporter, but I find this story on very interesting, and it does seem to match what some other folks on the internet are saying.

I link, you decide.

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