Found January 18, 2012 on Mets Fever:
Mlb_apr_29_4b18
I went to one of Carlos Beltran's last home games as a Met against the Cardinals and there was a large contingent of fans in right field, in fact the crowd was larger then what had become normal in June/July.

Many have questioned why Jose Reyes wasn't traded at the deadline, most feel we would have received more in return from a trade then the two picks.  The same rumblings are beginning to stir about David Wright, should he be traded or should they attempt to re-sign him.

Unless things change drastically, I believe we'll see David Wright go down the exact same path, keep him till contracts end and make a feeble attempt to re-sign, while hoping someone gives them an excuse by over paying.

I believe Fred Wilpon said it himself when he called attendance the lifeblood of the Mets, in a bad season who do the non-die fans come to see, the home grown stars.  Beltran was different because of the injury risk but I believe Reyes was kept for his draw and I believe they will do the same with Wright.

 
It's not that the Mets aren't a valuable commodity in fact Forbes ranked them the 44th most valuable sports team which puts them #5 amongst baseball teams ( Yanks, BSox, Dodgers, Cubs).  It seems that they're cash broke and their revenue flow wasn't constructed properly.  So even if they aren't squirreling money away for a settlement or supporting their struggling real estate entities through the Mets, if the Wilpon's stay they are constructed to be cash broke.

Most teams will rank their sources of cash revenues, in order of TV, naming rights/sponsorship/merchandising and then attendance/concessions.  But just like the team maybe valuable, so is the TV station, we've all heard that SNY in it's own right is a very appealing commodity but that doesn't mean it's earning the team cash flow.

Apparently the way the Wilpon's set up the contracts regarding SNY they won't receive TV revenue shares from the league the way most teams get much need infusions of cash, while the stock value of the network goes up the cash flow doesn't.


Supporters of the New York Mets should be jumping for joy at the recent surge in television rights values. After all, other than perhaps the bankrupt Los Angeles Dodgers, who may get much more than $200 million a year for their next television deal, no team could use a pile of cash more than the Mets. The team lost $70 million in 2011 net of debt payments, could not afford to sign their best player, Jose Reyes, are slashing the team’s payroll for the upcoming season, and are trimming their minor league operations.

But Mets fans will not get the halo effect of surging tv fees because team owners Fred Wilpon and Saul Katz also own 65% of SportsNet New York (Time Warner and Comcast own the remainder), the RSN that televises Mets games. As a result of the deal that was put in place at the inception of SNY, the revenue stream from SNY to the Mets is set for at least the next 20 years, according to someone who has seen the contract, regardless of the appreciation in the value of those rights. No opt out for the baseball team here. Wilpon and Katz will enjoy a big increase in their equity value in SNY, but Mets fans will only see modest increases in television money that goes towards payroll. The New York Times reported that local broadcasting revenue, most of it from SNY, will only increase from $68 million in 2011 to $83 million in 2015. source Forbes


Couple that with the fact that as the team brand is impacted negatively by consecutive years of poor on the field results, merchandising revenues decrease and sponsorship offers become less lucrative.

Which is why such an emphasis is placed on attendance revenues and while many are planning to boycott attending, what will put people in the seats when a bad team is being fielded, home grown stars.  In two years when Wright's contract is up, there hoping the farm will produced a winning team and they will have Ike Davis as the face of the franchise.
THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES

Wright Checks Out The New Wall At Citi Field

Check out these photos from the Mets on Twitter. David Wright stopped by Citi Field for an up close look at the new outfield walls. Wright: “I’m excited about the changes…I can’t wait until April”

Is Wright a Fit for Detroit? I Think So

The reality of trading David Wright is you probably won’t get the type of haul the Rangers received for Mark Teixeira back in 2007. Prospects have become one of the most overvalued commodities in the game today. Teams ask for A-list prospects for B-level talent, and teams with A-level talent more than often see offers with B-prospects as the centerpiece. That’s why making...

MMO Fair or Foul: Who Is Wright?

Buster Olney of ESPN.com, talked to three evaluators about Wright’s game. From an AL evaluator: ”He will have value at the trade deadline if healthy and performing as usual. He will bring compensation as a free agent, so his value to Mets is fairly high, and a team acquiring him will have to give up more than the value of a couple of high draft picks. He’s a very good player...

New Citi Field Dimensions Taking Shape

  Construction has been ongoing all off season.  As you can see this ball park will still be expansive, but it will just be a little more hitter friedly.  Rememeber those balls that David Wright used to hit out to right center field in Shea, well he may be able to do that once again now that it is no long 415 feet at Citi Field. The dimensions of the home run line will all be...

What Do Mets Fans Have Left To Look Forward To?

As February nears, so too does the start of spring training. In a normal year, that would likely bring with it, the thoughts of what might happen. Could this be the first time in 26 seasons that the Mets return a World Series title to Flushing? The first home run title since HoJo? The first batting title since that guy who now plays in Miami? What does the 2012 season have in...

Beltran pickup gets big thumbs up from team

No St. Louis Cardinals player can be happier to have Carlos Beltran on their side than pitcher Kyle Lohse. The new right fielder is a .564 career hitter against Lohse with four home runs, six doubles and 12 RBIs. Add in 11 walks and the switch-hitting Beltran has a stunning .647 on-base percentage. Lohse, a 14-game winner last year, joked at the team's Winter Warmup that Beltran...

Has David Wright passed Strawberry for best position player?

Who is the best position player in Mets history? The immediate answer is Darryl Strawberry although a quick look at the record book shows that Jose Reyes and David Wright also deserve consideration for that honor. Let’s look at their overall lines and then break the players down by categories. Rk Player R Age G PA AB H 2B 3B HR RBI BB SO HBP SB...

Random Thoughts: Beltran Never Fully Appreciated, Desperate Moves, Dollars Trump Logic

  Just want to say thanks again to Joe D. for posting on my blog as I go through some things. Going in today for a procedure. Have been in a lot of discomfort lately and hoping this will help. I will keep trying to post whenever I can. In the interim, some thoughts have been going through my mind I’d like to share with you. 1) I understand selling bricks on the walk ways surrounding...

Player Profile #144: Carlos Beltran | OF | STL

The question isn’t whether Carlos Beltran can still hit, it’s whether or not he can stay healthy. For two seasons before 2011, Beltran struggled to play more than 81 games, but he managed to stay healthy enough to play in 142 games last year. The batting average and the power was there (.300 and 22 HR), but the same bothersome knee knocked him out for two weeks in August. That’s...

David Wright’s value, Aramis & Beltre

In a post to his Crossroads column for ESPN.com, Buster Olney says he expects the Mets to shop and eventually trade David Wright this summer. Teams have been reluctant to trade multiple prospects in deals for young hitters lately, Olney points out, thus concluding, “The Mets could get at least one young player they like in return (for Wright), as they did in trading Carlos Beltran...

Terry Collins’ Twitter Recap

Terry Collins did an outstanding job today answering questions from Mets fans on Twitter. Here are some of the highlights: Are you worried Wright trade rumors could distract him & the team? David Wright is a true professional – he understands that rumors are part of the business. With so many new faces in the clubhouse this year, what do you do to help the team gel together...

Mets Invite Matt Harvey and Matt den Dekker To Major League Camp

   The Mets have invited RHP Matt Harvey and CF Matt den Dekker to Mets spring training camp in Port St. Lucie. Adam Rubin also added that Zack Wheeler, who was aquired in the Carlos Beltran trade, was not extended an invitation. Harvey has been considered the more polished of the two and is said to be 1-2 years ahead of Wheeler in terms of development. Some experts have projected...

The Mets’ record in 2012 will be_______.

Well, according to the fans of MetsOnline’s Facebook page, 76-86. MetsOnline fans said anything from 55-107 to 102-60…. So, let’s just say that there was a range. Here were the answers that we received on Facebook: So, as I wrote earlier, the average of these answers is 76-86 or one win less than the Mets’ 2011 campaign. I think that given the amount of talent the team has...
MLB 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!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.