Feb 22

Mets Re-Financing In Place

Outside a miraculous recovery by Matt Harvey, the New York Mets have the best possible news today. On the day of their first full squad workout, the Mets finalized their refinancing, reported The New York Post.

So, if Fred and Jeff Wilpon are spotted smiling on one of the fields in Port St. Lucie, you’ll know why.

The Wilpon family, stung in the Ponzi scandal, were five weeks from having to make a $250 million payment on an expiring loan. Had the loan been called, it is questionable whether the Mets could have come up with the money.

Reportedly, the Mets lost $10 million last season, but with their payroll to be under $100 million for a third straight year and Major League Baseball’s new television contract, they could turn a profit this season.

The new loan, which is for five years and headed by Bank of America, is for the Libor average plus 3.25 percent. According to the report, the Mets did not have to pay down their former loan to make this one happen.

The Mets, who are currently valued at $1 billion, still need to have Major League Baseball approve the deal, which will be a formality.

Irving Picard, who was assigned to recovering funds for victims in the Bernie Madoff Ponzi scandal, initially sued the Wilpons for $1 billion, which would have necessitated selling the Mets. However, the courts reduced that to $386 million.

The Mets’ financial restraints were loosened this winter with the signings of Curtis Granderson, Bartolo Colon and Chris Young.

While that was an encouraging sign, as is the re-financing, don’t expect a spending spree next winter and the team to return to the days of a $143 million payroll.

If the Mets are competitive this season with a $90 million payroll, they will likely increase spending in small increments.

ON DECK: I’ll have a notebook pertaining to the first full-squad workout.

 

 

Feb 20

David Wright Part Of MLB Promotion

New York Mets third baseman and captain David Wright is one of eight finalists of the MLB Network’s annual Face of MLB contest.

The promotion is to determine a player who best represents the sport on and off the field. Wright, named team captain last year, has always been one of the best ambassadors of the sport, not only with his talent on the field, but his generosity off it in donating his time and efforts to numerous charitable events, plus his longtime, easy-going interactive nature with the club’s fans.

In the NCAA-type format, Wright defeated Detroit’s Miguel Cabrera last week and from tomorrow until Monday is paired against the Dodgers’ Clayton Kershaw.

If you have a Twitter account, the Mets are asking if you could encourage your followers to tweet using #DavidWright and #FaceOfMLB. RTing your tweets also count as a vote.

There is a limit of 25 votes for each Twitter handle.

 

Feb 20

Mets’ Matt Harvey Cleared To Throw

Filed under the category of good news for the New York Mets: Matt Harvey is cleared to throw. It’s important to know this does not accelerate his timetable and should not be construed to mean he will pitch this season.

HARVEY: Green light.

HARVEY: Green light.

Harvey, who finally relented to Tommy John surgery after initially wanting to rest, is expected to miss this season but be ready for next spring training.

The way these things progress, it first starts with a game of catch on flat ground – like you did with your dad in the backyard – with the distance gradually increasing to build up arm strength.

Eventually, leads to throwing halfway up the mound for a few sessions until reaching the rubber. The initial times on the rubber will not be at full speed. It might not be until the end of spring training before Harvey reaches that objective.

You’ll hear often the most important days are not the ones he throw, but the day after to see how his elbow responds.

Harvey expressed a desire to be with the team during the regular season opposed to the staff in Florida. While this hasn’t been decided, he will spend some time in Port St. Lucie for extended spring training and possibly minor league games.

It’s a good idea for Harvey to rehab in New York because Terry Collins, Sandy Alderson and Dan Warthen can keep an on him, not just to see how he’s progressing physically, but to be able to put the brakes on him mentally and emotionally.

Twice already in his young career – that we know of – Harvey pressed the issue when it came to dealing with pain.

First, he pitched through a tweak in his back and subsequently missed a start. Next, he tried to pitch through discomfort in his forearm that led to his elbow injury and eventual surgery.

If Harvey resists the urge to push things, he should be all right.

Feb 19

Mets Brass Mum; Fred Wilpon And Sandy Alderson Offer Nothing

New York Mets owner Fred Wilpon declined talking to the New York media today, saying “I’m on vacation.’’

Wilpon traditionally offers a “State of the Mets Address,’’ each spring and still might, but offered nothing on his calendar.

“Wanting to play meaningful games in September,’’ is one of Wilpon’s Greatest Spring Training Hits.

Wilpon was asked specifically about a New York Post report saying general manager Sandy Alderson wants to stay another two or three years.

Alderson, as is the case when he wants to dodge an issue, said: “That was a guess on the part of the writer and the source. I haven’t talked to anybody about that.’’

So, when directly asked about his future, Alderson said: “Well, I have a contract that expires at the end of this year. My intentions might be irrelevant.’’

However, chief operating officer Jeff Wilpon has been open in his support for Alderson, so it probably can be concluded if he wants to stay he will.

 

 

Feb 18

Mets’ Zack Wheeler Likes Low Profile

One of the highlights for the New York Mets last season was a double-header sweep of Atlanta anchored by future aces Matt Harvey and Zack Wheeler.

If you weren’t reading about Harvey last summer you were reading about Wheeler. This spring most of the ink is going to Noah Syndergaard, whom the Mets expect will be in the major leagues in June.

WHEELER: That night in Atlanta.

WHEELER: That night in Atlanta.

“That’s fine with me,’’ Wheeler told reporters Tuesday in Port St. Lucie when asked about the spotlight being on Syndergaard. “I don’t have to have all the attention.’’

Actually, in Wheeler’s perfect world, he would rather have little, if any. Wheeler is extremely quiet and shy, and if given the choice, he’d rather not talk if he didn’t have to.

Wheeler was 7-5 with a 3.42 ERA last season in 17 starts. Manager Terry Collins doesn’t presently see an innings limit on Wheeler, and believes his composure and natural stuff will enable him to progress.

Collins said at the Winter Meetings Harvey showed he could make adjustments on the run and thinks Wheeler has that same capability.

Wheeler was matter-of-fact when asked today what he needs to do to improve: “Just being more consistent, throwing more strikes and stuff.’’

Ask any veteran pitcher and he’d say the same thing. That’s one of the things the Mets like about Wheeler.