Thoughts from Joe D.
Well isn’t this an interesting way to interrupt my Sunday AMC “Gory Matters Here” marathon?
I’m not seeing or buying what is being reported. I hate having to rehash all this stuff again, but the Mets are getting fiscally better everyday.
I already told you last month, about the new National MLB Broadcast deal that’s infuses another $40-50 million a year into the team.
The host city for the All Star Game gets a huge chunk of all the sponsorship money that is pouring in by the hundreds of millions.
Last year they lost $70 million and this year they lost only $20 million. You may not think that’s much, but to lenders and investment bankers, this is huge.
The SNY loans are being refinanced (just like I said they would be in 2011) as we speak for significantly lower interest rates as well as lower monthly payments, and the Wilpons will bankroll tens of millions in cash out money and dividend payments.
Just last week the Mets brought back the Gulf Coast Affiliate th...