Blog Entry

Mets headed for dubious payroll record in 2012

Posted on: January 28, 2012 11:59 am
Edited on: January 28, 2012 12:03 pm
By Matt Snyder

After losing upwards of $70 million last season, the Mets are set to drastically lower payroll in 2012. We knew that. But an report from Friday noted just how severe the drop will be. In fact, it's likely to be historic. With a payroll projected at $90.7 million for the coming season, it would represent a drop of $52.1 million -- reportedly the largest payroll drop in MLB history.

The previous "record" was held by the Texas Rangers' drop from 2003 to 2004, when they shed the likes of Alex Rodriguez, Rafael Palmeiro and Juan Gonzalez from the payroll. In all, the Rangers slashed $48.4 million in player salaries, but the Mets are poised to blow past that. These Mets have shed the contracts of Jose Reyes, Carlos Beltran and Francisco Rodriguez, among others, from the opening-day payroll of 2011.

As long as Fred Wilpon's ownership group is in charge, the Mets will continue to find ways to generate any kind of revenue they can while also trying to not alienate their fan base -- as they wish to remain owners of the club. They have lowered ticket prices for the 2012 season, but will that keep the turnstiles moving frequently enough to turn a profit for the season? The NL East appears loaded, as the Nationals are up and coming while the Marlins just went on a winter spending spree. We know how good the Braves and Phillies are. Slashing payroll in record fashion is hardly the best way to convince your fans the team is trying to field a winner in one of the best divisions in the majors. 

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Category: MLB

Since: Sep 24, 2006
Posted on: January 30, 2012 10:08 pm

So How's that Bobby Bonilla Trade Working Out?

What a complete waste...

The Mets will pay Bobby Bonilla 25 equal payments of $1,193,248.20 every July 1 from 2011 until 2035, assuming an annual interest rate of 8% during the period 2011–2035.



Since: Aug 21, 2006
Posted on: January 30, 2012 8:43 pm

Mets headed for dubious payroll record in 2012

What a pathetic franchise..No team in a Major market, with a new stadium, and a sweet TV deal should ever have to play moneyball. They are even depleted in the minors. What a disaster. Forget lowering the ticket prices, they better start offering 2 games for 1 deals.

Since: Dec 2, 2011
Posted on: January 30, 2012 6:40 pm

Mets headed for dubious payroll record in 2012

if Santana is healthy he'll be gone by the allstar break, i dont know who would take Bay, unless he is having an MVP type season.  Wright will probably still be here.  The best thing that can happen is for this whole situation to get worse, then the wilpons will be forced out, but that looks like a long shot. The fact that we are in the situation were in now is realy hard to believe. much smaller market teams have higher payrolls then we do now, and although i like alot of the players on the team, they played tough last year, we dont have enough quality talent.  I was 12 years old when the mets won it in 1986, and have been a mets fan ever since.  i wonder how much happier my life would have been if the yankees would have been the better team in the 80's. my most memorable mets game i went to was when anthony young broke the consecutive loss record in the mid 90's.

Since: Nov 1, 2008
Posted on: January 30, 2012 5:19 pm

Mets headed for dubious payroll record in 2012

But you have to have a Billy Beane brain to make it work and the right people in place to find the talent
Um......Peter Brand, the character played by Jonah Hill in "Moneyball" is actually Paul DePodesta who, if I recall, is a member of the front office of the NY Mets. So, there's your brain, have at it.

Since: Jul 17, 2008
Posted on: January 30, 2012 1:06 pm

Mets headed for dubious payroll record in 2012

If anyone has seen the movie "Moneyball" they'd know Billy Beane also sold off his high priced players and fielded a low payroll team and still made the playoffs. A 20 game winning streak helped their cause.

But you have to have a Billy Beane brain to make it work and the right people in place to find the talent. Is Alderson the brain? And he can't do it by himself, he needs good scouts. I don't know if we have the right people in house.

Our farm system has some good looking prospects, but there are no sure things here and frankly nobody really looks like they can step in in April and fill all the voids on this team. We need at least one starter, a centerfielder, a catcher and a true solid bullpen arm as I still can't understand the signing of Rauch and Francisco for what they're being paid. Our farm system is still ranked in the middle of the field by Baseball America with no top 25 prospects.

I think the Wilpons will hold on as long as they can but the attendence will drop so dramatically that they'll eventually be forced to sell a larger percentage of the team. By then we'll have some more money to invest to go along with a few of our prospects in tow to make an impact.

Problem is, you truly have to be a die-hard Met fan to be willing to sit back for a couple of years while all these things happen. Now I consider myself at die-hard Met fan, have been since 1968 but I'm having a hard time rooting for my team when ownership is telling me all they want to do is cut payroll while they continue to field a losing team. I blame Minaya more than the Wilpons or for that matter Bernie Madoff, as I believe the Wilpons would have found the money to invest as long as the team was winning and turning a profit. It was Minaya who only knew hoe to spend the money and not how to make trades to keep this team young and less expensive.

Here's a message to Mets ownership from a die-hard Mets fan. "After the Giants win the Super Bowl this Sunday the next thing I'll be rooting for is the start of the 2012-2013 football season once again. I just have no interest in looking at a team that's destined to fail before the season starts, and I don't want to waste my time, or money to help you get back on your feet. make me a partner, and I'll buy my partial season tickets again, otherwise I'd rather be doing anything else than watching the Florida Marlins come to town with Jose Reyes leading off and stealing 3-4 bases a game against Josh Thole.

Since: Jan 18, 2012
Posted on: January 30, 2012 12:40 pm

Mets headed for dubious payroll record in 2012

I wonder if Johan Santana, David Wright and/or Jason Bay is still with the Mets by midseason? The fanbase has already been alienated, so go ahead Fred and completely destroy the Mets.

Since: Dec 7, 2011
Posted on: January 29, 2012 8:49 pm

Mets headed for dubious payroll record in 2012

hey if you are going to be a bad team anyway why not pay less for it.

Since: Jan 18, 2012
Posted on: January 29, 2012 5:08 pm

Mets headed for dubious payroll record in 2012

MLB needs two strong franchises in NY.  It’s too bad for NY Mets fans that the present owners are FOB (Friends of Bud). 

Unlike in LA where Baseball forced an ownership change it is not going to happen here.

The Mets fans lost their White Knight in David Einhorn to the Wilpons shenanigans. 

Everyone knows that Bud asked Sandy to take over the Mets but how long is he willing to sully his name.

Since: Sep 14, 2010
Posted on: January 29, 2012 4:01 pm

Mets headed for dubious payroll record in 2012

Since Madoff the Mets don't want to win. They just want to put fans in the stands. That's why they lowered ticket prices.We all remember the purchase of a slanted -eyed second basemen, that was a bust(they signed that player,because the ballpark was in frushing)They(the METS) could have had A-Rod. They chose not to spend money. They could have went for a pitcher before last season.They chose not to.There have been way to many " chose not too's 'in the past 20 years.That's the one of the reason they haven't been in the World Series in 13 years.

Since: Jun 27, 2011
Posted on: January 29, 2012 3:37 pm

Mets headed for dubious payroll record in 2012

A lifelong met fan, I will once again have to sit through another painful season with my "metsies". Its a good reality check for us NY'ers who get to experience what its like to have "mid west" salary teams but pay east coast taxes......I will always love my mets. These last few years bring me back to my youth when we were horrible from the mid 70's to early 80's. Hope i'm still around for the next good run......

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