Originally posted on Mets Merized Online  |  Last updated 12/30/12
One of our longtime readers, tlagee, shared a link to an article in the New York Times last evening, reporting that Standard Poors had lowered the bonds issued to Citi Field from a BB+ rating to BB. The downgrade by S&P is unlikely to affect the Mets much in the short-term unless they issue new debt, but the move does speak volumes. You see, as I’ve been saying for quite some time now on this site, it takes a lot more than cutting expenses and slashing payroll to increase profitability. What the Mets need more than anything else is a team that is good enough to draw fans back to Citi Field in droves. Unfortunately, all the front office has done instead is shed the team’s best players and downgraded at various positions rather than doing the inverse. You might point to the David Wright contract and say “a-ha, the Wilpons are spending again.” Not really. Wright will get paid $8 million less in 2013 than if he had merely kept his 2013 team option intact. He got played for a sucker. Alderson
PLAYERS: David Wright
TEAMS: New York Mets
MORE FROM YARDBARKER

Winners and losers of Astros' ALCS victory over Yankees

Steph Curry may face suspension for throwing mouthpiece at ref

Alex Cora reportedly getting three-year deal from Red Sox

Kristaps Porzingis wants to see changes from Knicks before committing long-term

Bobby Portis apologizes for role in Nikola Mirotic fight

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Tennessee fans fly banner: 'Butch your mom still loves you'

Steelers rack up $94K in fines for penalties against the Chiefs

Kyrie Irving has no regrets about cursing at heckler who taunted him about LeBron

Tennessee's Rashaan Gaulden flips double bird to 'Bama fans, down by 22 points

WATCH: Adrian Killins injured after crashing into goat bucket

Twitter reacts to Adrian Killins leaving everyone in dust on 79-yard TD

Most prominent sports bans on the 5th anniversary of the Lance Armstrong ban

Sports & Politics Intersect: Cubs owner up for Heritage Foundation post

The 'Like Mike, only better' quiz

Three Up, Three Down: Dodgers finish Cubs while Astros find pain in the Bronx

The 'Some call me the Rocket, some people call me Maurice' quiz

Kyrie Irving must lead Celtics through a disaster in search for happiness

Jacoby Brissett: The forgotten up-and-comer

NFL Week 7 Predictions

The 'Can I have a quick sword with you?' quiz

College football 2017 Week 8 predictions

NFL Referee Hotline Bling: Austin Seferian-Jenkins drops a call

Blackhawks get extra depth on defense with newbies Rutta and Forsling

Mets News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Yardbarker Privacy Policy and Terms of Service. You can opt out at any time. For more information, please see our Privacy Policy.

Most prominent sports bans on the 5th anniversary of the Lance Armstrong ban

Houston Astros hold off Yankees, forcing Game 7

Sports & Politics Intersect: Cubs owner up for Heritage Foundation post

The 'Like Mike, only better' quiz

Three Up, Three Down: Dodgers finish Cubs while Astros find pain in the Bronx

The 'Some call me the Rocket, some people call me Maurice' quiz

Kyrie Irving must lead Celtics through a disaster in search for happiness

Jacoby Brissett: The forgotten up-and-comer

NFL Week 7 Predictions

College football 2017 Week 8 predictions

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker