Objects in mirror are closer than they appear.

It's all good.

After years of crushing debt brought on by the evaporation of their holdings with Bernie Madoff, Wilpon took in the Florida sunshine, smiled, and announced to reporters that the team’s financial difficulties were over.

“It’s all in the rear-view mirror,” Wilpon said, after arriving at the team’s spring-training complex in Port St. Lucie.

"Have you ever heard of Amway?" he continued, pulling a sample case from under his chair. "These products are great, and if you like them, I could get you on as a salesman too..."

“The family really is in great shape. Sometimes luck is the residue of design.”

And other times, you snort the residue of design.

"What we failed to mention is that though we don't have any personal bank debts the mortgages on buildings and other debts are far higher than we can handle with our extremely limited personal funds so we will continue bleeding the Mets dry to pay everything else"

This BS, coupled with doubletalk master Alderson telling Francessa "we can contend with our outfield" makes me dread this season more than I ever have, in 51 years of Met fandom. I'm going to e-mail Mark Cuban again and this time beg.

When everyone was calling the Wilpons dead and gone last year and the year before and probably the year before that, I stated and will still state again that people with that much money, that much property, that many friends, and that many business connections operate on a different level of what is considered "in trouble" than the rest of us.

Everyone can snark all they want, but I'm horrifically inclined to take this "nope, still here, and not really going anywhere" as pretty much true.

Sometimes luck is the residue of design.

So, you see, our family's financial collapse was completely by design.


I agree with Lassus. The rules are different for these folks.

When everyone was calling the Wilpons dead and gone last year and the year before and probably the year before that, I stated and will still state again that people with that much money, that much property, that many friends, and that many business connections operate on a different level of what is considered "in trouble" than the rest of us.

Everyone can snark all they want, but I'm horrifically inclined to take this "nope, still here, and not really going anywhere" as pretty much true.

It is appalling how our system rewards corrupt, incompetent businessmen. Crony capitalism is an ugly thing.

Could be. The big tests are coming up in 2014-15 with debts due against team and SNY. The trustee's actions indicate he doesn't think they survive that double whammy. It will be interesting, that's for sure.

We're never getting rid of these clowns, are we...Sigh...

Reading these Mets' ownership threads are a great salve whenever I get frustrated with my favorite teams' owners.

“The family is in great shape,” he said. “The family really is in great shape."

I thhink what he's trying to say is that he took out a loan from the Mafia.

Could be. The big tests are coming up in 2014-15 with debts due against team and SNY. The trustee's actions indicate he doesn't think they survive that double whammy. It will be interesting, that's for sure.

The question isn't whether or not they can repay those debts. The question is whether or not they can refinance those debts.

The family is doing great, a pity that there is no money left for the team.

"The family is in great shape,” he said. “The family really is in great shape."

These spring training best-shape-of-his-career stories have really gotten out of control!

The question isn't whether or not they can repay those debts. The question is whether or not they can refinance those debts.

Oh, absolutely, though the resulting debt service could continue to serve as major problem. How much would depend on how they refinance.