MORE ON WILPON’S FOLLY

I’m sure most Mets fans are like me when it comes to trying to make sense of the Mets finances in fact most fans talk about finances in pro sports  like it’s a penny ante poker game (what is team A offering $1.2 mil? You know what? Make our offer $2mil even, fans throw $850K around like its $8.50) So it was with great anticipation that I awaited Howard Megdal’s latest tome, “Wilpon’s Folly” (Bloomsbury USA) that not only gives a time line of the events and devastation that Bernie Madoff brought to the Skill Sets and to the Mets franchise but how much of this angst could have been avoid, if the Wilpon’s, specifically Saul Katz listened to confidants they were close to about the warning signs.

Megdal put in exhausting research into this book and gives Mets fans insight into the people who run our beloved New York Mets.  One of the main conclusions I took away with after reading Wilpon’s Folly’s is the Wilpon’s have a hard time taking good advice. They got some very good advice that could have protected themselves and their finances but chose to ignore the warning signs that Madoff was trouble, specifically Saul Katz whose own son, begged for him to diversify from Madoff but Saul Katz had bought into the Madoff way of business hook, line and sinker that has me wonder what goes on in Katz’ mind when he sits and reflects on this calamity.

As you read Wilpon’s Folly you just wonder where is the end game, when does it hit rock bottom for the Wilpon’s and what happens with the Mets when it does. Megdal comes up with a plan that makes sense and makes you wonder if someone close to the Wilpon’s would pitch to them in order to save whatever assets they can.

As much as Freddy Skill Sets wants to be Mets owner for life, that looks like a pipe dream and just goes to show you that Mets fans are “we-be’s” We be here when they got here and We be still here when they’re gone.

 

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WELL, AT LEAST IT’S COOLER IN THE SUMMER DOWN THE BASEMENT

If what I’m reading in the local fish wraps is correct, it seems the Mets have been mathematically eliminated (Hey Kathy and Joe is it time for a sequel? ) for the 2010 season.

It doesn’t look like any big ticket items will be on Jeffey’s credit card this winter, so the question is why go half assed? Why not just blow the whole team up?

As it stands now, only the Nationals stand in the way of the Mets of the Mets hitting rock bottom in the NL East (for the first Stephen Strasburg-Big Pelf match up, I will be going into solitary confinement) so unless Jeffey (Omar is GM emeritus by the way, as he is earning his million a year as being the Skill Sets “Spider”) decides to empty the more bountiful than they lead us to believe, Mets coffers, the only thing we’ll have to look forward to is Alex Cora  player/interim manager bobble head day.

I leave you with this from Bill Madden’ Daily News column:

Mets? Did somebody say the Mets? They won’t spend the money for Holliday, Bay or Lackey and apparently, they’re only interested in signing low-budget Latin players, having shown little or no interest in Byrd, Figgins, DeRosa, Wolf or even Staten Island’s Jason Marquis, while waiting for their markets to come to them. At the same time, the Phillies and Braves wasted no time in addressing their needs. Sad.

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