To start, I know this might be a little Metcentric and i understand if it's moved to the Mets forum (although i would rather the thread be scrapped if it is because we have talked about it extensively there)
But what is the deal between the Wilpons and Bud Selig?
With what has happened in recent years with Frank McCourt and now Jeffrey Loria why are the Wilpons still allowed to own a big market franchise with all their financial problems?
I understand the McCourts were a different situation (siphoning money from the Dodgers to pay their own personal expenses) and that Loria is within his right to reduce payroll that drastically (although that is pathetic nonetheless after getting 2 billion dollars from the city of Miami to build a new stadium) but these Wilpons have been maybe the worst big market owners in sports and Bud has done nothing about it.
They have significant debts against the team and SNY and have shown they can't compete as big market spenders since the Madoff situation. They have also been bleeding money at the box office the last 3 seasons having lost over 150+ million dollars. They have had to take loans from MLB, Bank Of America, and now have till 2015 to pay off almost 800 million dollars in debt against the team's entities.
Is it nepotism that Bud doesn't step in and do something about it?
I know some posters on the Met's forum have argued its a philosophical change having spent money in the past and not accomplished anything.
But is it more than that?
I just don't understand how a New York team can't afford a 130-140+ million dollar payroll in a growing market of baseball organizations that can. We are in the biggest media market in the United States and somehow this team tries to justify a 90 million dollar payroll (and dropping)to their fans.
I don't get it.
The Marlins at least have the excuse that baseball isn't popular down there (their attendance being lower than the Mets in the first year of a brand new ballpark) and the Dodgers have gotten back into the spending game with new ownership.
Why does Bud allow the Mets to meander in mediocrity?
I know all teams have downswings but the Mets have gone 3 offseasons now without being a player for any significant FAs (or add significant payroll through trade) and the only reason why payroll was past 140 million dollars was because they had committed a large amount of money to a select number of FA before the Madoff scandal.
Just wondering your guys take on the Met's situation? (knowing most of you don't care )