metsblog
The Mets owners obtained at least $700 million in loans to refinance debt, according to a person with knowledge of the matter, Bloomberg’s Scott Soshnick reports today.

According to Soshnick, the financing will be used to replace existing credit lines and provide additional funds to the team’s owners.

Yesterday, the New York Post reported team owners recently refinanced $450 million in loans borrowed against SportsNet New York (SNY).
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