Mets financials something

UPDATE, a comment from JPK about the original title of this post.

Disagree with your use of the colloquial “in the hole” — makes it sound like the Mets have a net worth of negative 625 million. In fact 625 million is the very, very liberal evaluation of all their debt — making assumption that all possible contingent liabilities do vest while not factoring in any of the team’s positive value either in the franchise, the stadium or the stake in SNY. I don’t think these types of financial stories can support imprecise language. Can’t really use Oscar Madisonisms like “in the hole” and still convey precisely what you are trying to convey. Think it’s worth a revision

Fair point.  Like I said, I’m a fat guy who barely understands all this and I was using a colloquialism.

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Interesting stuff in Fortune that explains that when you factor in things like the Bonilla contract, the Mets may owe more like $625m than $430m.

I’m just a fat guy drinking an iced coffee, so maybe I misunderstood the entire thing.  Don’t take my writing to the bank..but here’s the article if it interests you.

it’s been widely reported that the franchise has around $430 million in bank debt. But a potential investor who spoke to Fortune on condition of anonymity points out that the team’s liabilities are closer to $625 million, from a buyer’s perspective.

via Inside the New York Mets’ financial ledger – FORTUNE Features – Fortune on CNNMoney.com.

#imwith28 but 100 wins? Mets Murphy a tad excited

Today of course is 4/28

I woke up to many tweets this morning with the hashtag #imwith28 as the Daniel Murphy bandwagon heats up.

Some history –

Murphy first came to the majors and everyone liked him

Murphy became the LFer and everyone turned on him (except me)

Murphy became the 1B and everyone liked him

Spring Training 2010 came and the beat writers and some blogs got justifiable crushes on Ike Davis…but I thought they were harsh on Murphy

Murphy got hurt

Murphy merchandise went on heavy discount at Citi Field, so I scooped up a green Murphy Players Choice jersey.

Murphy tried to be the 2B and all the cool kids were mean again. I started the #imwith28 movement and predicted “you all” will be in love with him by June.

Brad Emaus, who you can vote to be the starting 2B in the All Star Game, got the job.

The Mets had one of their worst starts.

Murph started playing, and is getting big hits.

And here we are.

What’s great about Murph is that this topic drives some folks nuts. I’m sure I will be called an idiot by some advances stats guru who will quote some statistic I don’t understand because I only believe in traditional stats (and get off my lawn with your black uniforms). Meanwhile, the Murphy camp is playing with house money. If he’s good, we win. If he can’t play second, yeah we knew that. You can’t hurt me.

So, who is with 28? Add a #imwith28 hashtag and let’s get our boy trending!


Meanwhile, Dan is getting a little nutty. Check out this from The Times.

“It’s a good win, but they’re all good,” he said. “We’re trying to get to a hundred. We’re a step closer.”

In order to win 100 games the Mets must go 89-49 the rest of the way, which is a .649 winning percentage.

Dan, Dan, Dan…let’s calm down a little and beat someone other than the Astros, Arizonas or Walgreens before you start talking .649 ball.

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Speaking of Dans, it’s nice to have Mets Police Dan writing some articles again. This morning’s Rusty Staub piece is his, as was yesterday’s Seaver stuff and some upcoming things lined up. Now if I can only get Osh41 to continue his history of Mets uniforms series. He left us hanging in the early 80’s…that’s when it starts to get crazy.

Another day, another 1986 Mets player in trouble

If you’re on the internet you’ll come across today’s Former Mets Player In Hot Water Story, this time involving a former relief pitcher.

As I mentioned the other day, I really don’t want to dwell of this sort of thing (such as the 1986 outfielder’s various headlines.)

I do hope that this story encourages baseball to discuss homophobia in the game.

I’m going to guess that statistically there has been at least one gay major league baseball player, and there is likely one now. Baseball was once at the front of societal change – let’s see how this one plays out.

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How many of the 1986 Mets have gone untouched by unfortunate news headlines?

Do we only notice it because of the particular team? Is it because guys like me call them “86 Mets” as opposed to the equally accurate “87 Mets?”. Would we notice if lots of the 1993 Brewers were in the papers?

I will be late to twitter tonight. Another Little League game to coach. I’m @MetsPolice

Oh and everyone wish @mediagoon a happy birthday.