After a dismal 2017 season, the Mets entered the offseason in search of improvements and a return to the form that the roster had achieved in the prior two campaigns. At the same time, reporting indicated that the front office would be asked to get things done without a payroll boost — if not, in fact, a spending reduction.
Though the Mets have gone on to make one of the winter’s biggest deals — a $39MM commitment to Jay Bruce that only really stands out against a slow market — questions about spending levels have continued to be raised by fans and the media. Mets COO Jeff Wilpon and GM Sandy Alderson held a discussion with reporters today to address the financial picture, and we’ll cover some of the highlights. (All links to Twitter accounts.)
While acknowledging “fan perception,” Wilpon says the organization has a “plan” for spending that it intends to adhere to (via MLB.com’s Anthony DiComo). That plan evidently does not come with a fixed number — Wilpon said “there’s no concrete line” — but he generally validated prior reporting by suggesting there’s a good chance the payroll will end up at or $10MM below last year’s mark. (Via DiComo and Mike Puma of the New York Post.)
That general range of spending is just inside the top half of the league’s thirty teams. Of course, some would argue that the major-market organization ought to be spending more. Wilpon rejected the notion that the team’s prior history of top-five payrolls should be a future guide, per James Wagner of the New York Times. Says Wilpon:
“I’d rather look at what we do in terms of wins and losses. Being top 5 in payroll, I don’t think that won us a World Series.”
Those arguing for a more generous outlay on players will likely not be thrilled with that explanation, or some of the other arguments advanced by Wilpon. Interestingly, the executive indicates, the club effectively continues to count David Wright’s full salary in tabulating its overall payroll despite the fact that he has been unable to play, with insurance covering 75% of the salary. Per DiComo, Wilpon says that the team figures things that way since it has to pay for the policy along with a quarter of the ongoing salary obligations. Plus, he said, the Mets must be careful not to reinvest those funds in case Wright is able to return and they again become obligated for the full remaining amount.
It does not seem as if he was asked about any savings the team netted from its mid-season trades in 2017, though no doubt that was offset in part by declines in revenue as the team skidded out of contention. Wilpon did acknowledge a connection between attendance and payroll levels, but it remains unclear just how those are set. (Also unclear: how that factor is worked into what Wilpon described, as noted above, as a plan that also leaves room for flexibility in making baseball ops decisions.)
It seems, then, as if the team won’t be making additional funds available for roster additions this winter, but that there is still some wiggle room that could allow for opportunism. One potentially interesting way of utilizing payroll, of course, would be an extension for excellent righty Jacob deGrom. Initial talks, though, failed to advance, leaving the sides to work out an arbitration salary. It is not clear whether the sides will make another attempt at hammering out a long-term contract before the start of the season.
citizen
the mets are just one owner away from being competitive.
theeeyankeeswin
Hahaha Good stuff. MLB should force the Wilpon’s to sell the team. It’s embarrassing to be in the largest market in baseball. The window is shutting and they haven’t done what they needed to win one.
mike156
Hard to be the fan of a big market team with a small market owner. They obviously have planned profitability down to the single digits, and operate on the basis that a dollar spent is a dollar less earned. Competitiveness not required,
Caseys Partner
Frank McCourt owned the Dodgers for eight years, in four of those years the Dodgers made the playoffs. The Dodgers farm was always strong under McCourt and was strong when he was forced out.
Why are these bloodsucking criminals Fred and Jeff Wilpon allowed to loot the NYC market?
gofish 2
Translation:
“We can’t pay everyone all this money because we still owe Bobby Bonilla some.”
stollcm
Nice
metsmosloyal23
The Bonilla contract=wow and at this point we would be far better off with David just stopping (never thought I would say that but enough already)
theeeyankeeswin
But if he retires doesn’t he forego the remainder of the contract?
padam
Contract was back loaded.
mikeyank55
Hey Metseventually, what do you think?
Calculating the teams’ salary and including Wright’s full salary, when you are collecting 75% back is a complete joke. It’s that kind of Ponzi scheme logic that got them in bed with Bernie Madoff.
The mere fact that they would try to talk the press into their warped reality shows how out of touch they are.
Perhaps they don’t want to admit that the team is woefully behind last year’s pace to sell seats and they want to boost sales with a special plead.
Well Jeff and Mutt there is news for you:
Fans aren’t buying it. Literally.
They aren’t buying tickets to a MLB team in a major market that operates CHEAP!
They aren’t buying MLB gear with your teams logo on it.
And they will stay away from SNY to embarrass you with the advertisers.
Jeff should be embarrassed for dragging Sandy Placeholder into the discussion. As an owner he should have sucked it up and bit the bullet.
thegreatcerealfamine
Why don’t the Wilpons just move this team to Buffalo the media up there gives the Bills the benefit of the doubt. NY city isn’t a place to act so small market with a woe is me approach…
aff10
Judging by the attendance we get at Bisons games, Wilpon would finally have an actual reason to never spend
metsmosloyal23
This is how I’ve felt for past two years.
bigjonliljon
Now that the marlins owner is gone, the Mets are number one with crap owners.
GareBear
Did the Marlins really improve in the ownership department?
assumptions
The Rays have the Mets beat in the owners department.
theeeyankeeswin
No way the Rays have been competitive for the last ten years in a horrible market, in a horrible stadium, and a dismal payroll. They are probably some of the best owners given the hand they were dealt.
beajd27
The orioles have a pretty terrible owner as well.
ExileInLA 2
Trying to blame the team’s budget on David Wright will NOT go over well with the fans or the media…
Gomez Toth
I assume Wilpon,who as part of the Bernard Madoff fiasco settled the $1 billion suit against his Sterling Equities for $162 million (or 16 cents on the dollar) is taking a similar approach with the Mets: Why pay a dollar of salary when he can pay 16 cents? Keep buying those Wright jerseys everybody!
Here’s hoping the Marlins finish ahead of the Mets this year. It just might happen, too.
DXC
Less than that when all was said and done because of recoveries (from Madoff entities and net winners) and offsets (from net loser investments). It was definitely less than 50 mm and paid in 3 installments over 12-15 years.
Probably the last chance in my lifetime to see the team change hands, if the Wilpons were found to have known of the scheme and enticed other investors..
Drewnasty
Imagine being a fan of a team in the literal largest market in the country and have an owner like this. Unbelievable..
mbbslam
Wilpon always finds a way to make himself look worse and worse.
nutbunnies
*loud fart noises*
jdgoat
Why do they keep on putting their feet in their mouths? I feel bad for Met fans. They have such a talented core but they won’t do their part to put the finishing touches on the team
brucewayne
Talented core? Which is?
jdgoat
Syndergaard, Degrom, Conforto, Cespedes, Familia
mikeyank55
Is that the talented core JD, or a list of players who are likely to be on the DL for 50 games or more?
czontixhldr
Are the Mets setting themselves up to play in next offseason’s FA sweepstakes?
joeyrocafella
Hahahaha nope
czontixhldr
I guess the sarcasm wasn’t obvious.
metsmosloyal23
The Albany Mets.
michaelw
The mets should merge with the Marlins they still end up being 4th
LarsLap
Hasn’t Selig been gone long enough for MLB to finally start putting some pressure on his clown buddy to cash in and sell the team to someone that cares, or for that matter just anyone else…
mikeyank55
You are right Lary. Sadly it is going to take a fan economic boycott to embarrass them out of ownership.
agerst1574
Wilpon was better off keeping his mouth shut. This just irritates me a lot more.
reflect
I actually do agree with the one logical thing he said, which was
sampsonite168
So in the right situation the Mets could put together a mid-market payroll instead of the small market payroll they’re currently sporting. Is a big market payroll is an option, since that’s where they play, in fact the biggest market? No? Piss off Wilpon.
Sportfeen69
The Mets are my team and I’ll never switch up on them but this mf gotta go
resident
Honestly I would love to see the Mets spend money.Realistically they are only going to go as far as the pitching takes them and right now we don’t know what the pitching will be. So let’s wait and see if they are in it or not.
mikeyank55
Sure resident. Typical Mets fans perspective. Off season excitement is “let’s wait and see”. Well in June your season will be over. Just don’t spend any money on them. And don’t watch SNY via cable. Watch on the internet so it hurts their advertising rates.
derailers54
Biggest joke in sports history
johnnygringo
how does MLB allow the Wilpon Crooks stay owners?
slider32
What a division, you have 3 teams rebuilding so the Mets have a good shot at the wild card if their pitching is healthy. The Mets and the Nats have the easielst route to the playoffs. This is a good argument for balance scheduling and less inter league games.
bobbyvwannabe
Mickey is going to let his players know that he loves them and cares for them as human beings.
Hopefully that’s more than enough for a wild card :thumbsup
IloveMACfootball
Alderson should have just quit. He’s smart, rich, accomplished. Working for Wilpon is embarrassing for him.
mikeyank55
It makes you wonder about a guy like Sandy at his age working for these morons….does he need the $&& that badly.
I thought that Jeff’s look wearing a mets cap was good. Perhaps he was modeling a new Hair Club for Men style where the hairpiece is attached to your favorite team’s cap.
Lol
TomG
“I’d rather look at what we do in terms of wins and losses. Being top 5 in payroll, I don’t think that won us a World Series.”
Being in the top 5 increases your odds. It gets you to the postseason. “Let’s concentrate on the wins and losses and not focus on the things that will make it easier to bring about those wins and avoid those losses.”
carlos15
What’s the point of the Wilson’s owning the Mets? They seem like they hate being owners of a team, like it’s been forced on them to bear the burden of running a franchise. I don’t even disagree with all of their positions as much as i do with the fact that they just don’t seem to want to be owners of a team.
carlos15
Wilpons
mikeyank55
Hey Carlos, if you were able to take a “peak” Into their finances, how much do you think that Mutt and Jeff draw out of the team in salary themselves. Let’s not forget their partner, Sol and other family and chronies.
After McCourt was being booted, all of that was exposed in LA. Time for the Post or Daily News to do some undercover reporting, don’t you think metseventually?
Caseys Partner
Wilpons own SNY. If you delve into it you would find they clear around $150 million per year from the Mets.
It’s another Sammy Gravano skim operation on NYC.
DXC
Correct. Money is captured at that level so there is less pressure to spend on the team. The Mets get a middling amount from SNY (consistent with a middle market team and about half of what the Yankees get from YES, even though ratings are about the same over most recent periods). Mets rarely make much money. While SNY, which has only one asset really (the Mets contract), is hugely profitable. This type of value stripping is common practice for sleazy owners of second tier real estate properties. A competent commissioner would prevent this sort of thing to protect the inherent value of the franchises. But the recent commissioners have been FOF (friends of Fred), and baseball ownership mentality has always been hostile to big market teams that spend and welcoming of big market teams that can spend but don’t (so you have the perfect marriage, of pro-small market league and cheap big market owner – perfect for everyone but Met fans).
Caseys Partner
Source for your Wilpon SNY money claims please.
DXC
Wilpon Spending Policy Since 1991: Just spend as little as possible, but don’t budget (because planning ahead might give them bang for the few bucks they do spend).,
What big market team has ever had so many PCs to explain why they’re not spending.
Feel bad they actually have to pay insurance premiums to get 75% of Wright’s salary reimbursed.
pjmcnu
I’ll tell Wilpon the connection between payroll & attendance: if you cut payroll & the Mets lose, attendance goes down. Not just because they’re losing, but because fans think they’re losing because you don’t care about winning as much as stuffing a few extra $$ in your pocket. These are not the Cincinnati Mets, dammit!
mikeyank55
Where are the arrogant Mets’ fans in this post?
Hello metseventually, have you crawled under a rock and are hiding for cover?
Time for a new handle buddy. How about:
Givenuponmets ?
With a simple switch we will give you a fans conversion form and you can spend one season watching AAA Phillies or Yankees teams. You will get hats thrown in for free and in 2019 you will be out of quarantine.
This offer is open to any formerly obstinate Mets fan who becomes humble in his/her admissions.
daviebatz
Could’ve been an easy fix for them this winter. Sign Cain (who I can’t understand why it’s been so quiet with him) and dee Gordon would’ve been great. 2 guys with speed which we haven’t had in yrs. We could’ve offered up Matz Lugo or Gsellman for Gordon. Would’ve added about 23-25mill a yr. if only they called me and asked.
ralphrc
He looks like a douche in the cap.
mikeyank55
His alias on this site is metseventually.
It’s a way for him to be non-commital, foolishly and eternally optimistic and allows for he and Mutt to soak the franchise with salaries and chronies in the backs of all Mets fans