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 ESPN.com report from Friday noted just how severe the drop will be. In fact, it's likely to be historic. With a payroll ESPN.com 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. 

For more baseball news, rumors and analysis, follow @EyeOnBaseball on Twitter, subscribe to the RSS feed and "like" us on Facebook.
Category: MLB
Comments

Since: Aug 19, 2006
Posted on: January 29, 2012 12:47 pm
 

Mets headed for dubious payroll record in 2012

Slashing payroll isnt a bad thing....when you get out of contracts for guys that havent been playing well it may be a good thing....

The Mets will hit rock bottom....but from there the only way is up...

The record is now being held by the Rangers as far as payroll dump.....hows that working for them? Id say pretty good the past couple of years.....

Reyes is a crystal vaa jay jay



Since: Oct 19, 2009
Posted on: January 29, 2012 12:02 pm
 

Mets headed for dubious payroll record in 2012

MLB stepped into the Dodgers situation because they were failing to pay bills - not because of their win/loss record.  

Asking the MLB head office to step in and force ownership to change because a team stinks is ridiculous.  

Saying it's acceptable because of the importance of New York City, is zionistic, narcissistic, and is also ridiculous.  

I get you love your team and wish they were competitive, but can we please stay a little grounded in reality.

 



Since: Jan 20, 2008
Posted on: January 29, 2012 11:37 am
 

Mets headed for dubious payroll record in 2012

As long as Wilpon owens the Mets, we will never put a team on the field that could win a world series. He also let Minaya sign no talent
players to big contracts. He has no knowledge of basseball and no love for the Mets...Just a money machine, which is now shut down.
This is going to be a long downtime for us.I have been a Met fan since 1964.....It's a shame... 



Since: Nov 23, 2008
Posted on: January 29, 2012 11:33 am
 

Mets headed for dubious payroll record in 2012

We all saw the moneyball era for the NY Mets start to shape when the Wilpons hired Sandy Alderson, and he in turn hired Paul Depodesta and JP Riccardi.  It is not shocking that they cut so much payroll with the amount of dead weight contracts on the books last year. it has been clear since a few years ago that they will have to eventually cut their losses and look to rebuild the farm and stabilize the organization. This year is likely the low point in the rebuilding process.

 I don't necessarily equate the amount of money being spent or not spent to the number of wins that the team will have. You can have a winning team with 90 million. However, the Mets won't  have a winning team with 90 million and people are correct about that. It all depends on how efficiently the money was spent, and where. Unfortunately the Mets have $25 million of their $90 invested in a pitcher who likely will not even be ready for the first few months of the season, and they are not sure how he will perform once he is ready. Unless a few pitchers and other players have career years, I do not see them being able to compete with the top teams in the NL East.

 However, I don't see the Mets being the worst team in baseball. Possibly not even the worst in the division. It is a long season, injuries and team chemistry always factor in, and in the end, spending doesn't always equate to wins.  Any team that gives out mega contracts to players could easily be a few injuries away from having 30% - 50% of their payroll on the DL or out for the year.
On another note, expect the walls of Citifield to look like that stadium in the movie Major League. The Wilpons will likely utilize every possible inch of advertising space



Since: Jun 10, 2011
Posted on: January 29, 2012 11:30 am
 

Mets headed for dubious payroll record in 2012

Who are the "Pirates?"



Since: Apr 11, 2010
Posted on: January 29, 2012 11:19 am
 

Mets headed for dubious payroll record in 2012

Yes, the team will be bad, but that's as much Minaya's fault as Madoff's.  Guys it's baseball in New York.  How bout taking a positive approach: it'll be easy (and apparently less expensive) to get a ticket to see your favorite team play...and this in New York!  Yes, they will undoubtedly be bad, especially the pitching, but with Wright, Davis, Duda, Turner etc there are still guys to watch.  At the end of the day everyone wants a winner, but teams go through cycles, ups and downs, winning and losing, and fairweather fans are the ones who turn their backs on their team.



Since: Mar 10, 2008
Posted on: January 29, 2012 10:55 am
 

Mets headed for dubious payroll record in 2012

The pirates are lobbying mlb to be put in the same division as the Mets,so that they might just might have a chance than of finally having a winning season.



Since: Jan 29, 2012
Posted on: January 29, 2012 10:22 am
 

Mets headed for dubious payroll record in 2012

Here's a thought. I am a die-hard Met fan living in Southern NJ - Phillies country. I wear my colors proudly even though we have been terrible the last few years, and even when we have been good, we have choked at the finish. I typically try to get to a couple of games each year, even taking the kids for a trip in to NY. Ownership has mismanaged the team, and until the Madoff mess runs it's course and the Wilpons recover from it, we will not field a competitive team. By that time, Wright will have been traded or signed somewhere else, Santana will be retired or moved on and they will have traded all the youngster "stud" pitchers in the minors. Remember Generation K anyone? I implore Mets fans to take action - don't go to CitiField. don't give management the message that we will stand by while they decimate the team and put sub-standard team on the field. As others have said, this is F&@king NEW YORK not Pittsburgh or Houston!!! If the Wilpons won't sell, Selig should put pressure just like he did in LA. Alternatively, let MLB buy the Mets and then sell off to the highest bidder. I'm sure they could flip it for a profit. If you still need your fix of the Mets, despite e heartache, travel .... go see them play in Philadelphia, Washington, Pittsburgh and elsewhere. Make it a family trip, guys weekend, whatever. Give the $$$$ to other teams instead of these self-serving incompetent fools. I, for one, will not be going back to CitiField next year or for the forseeable future.



Since: Aug 14, 2006
Posted on: January 29, 2012 10:06 am
 

Mets headed for dubious payroll record in 2012

MLB should replace this ownership ASAP , this isn`t Pittsburg or Cleveland or Kansas City it`s NEW YORK !!!!! It`s unexceptable and an insult to all Mets fans , i don`t care how much they lower the price of tickets the team is VERY BAD & that can`t be priced away ! So Mr Toyota/Sucks great line eliminated in January , more like eliminated last September they won`t be able to compete for years to come . There must be accountaibility and MLB should hold Mets ownership responsible , for continued ownership failures that have no end in sight !



Since: Aug 12, 2006
Posted on: January 29, 2012 7:36 am
 

Mets headed for dubious payroll record in 2012

How bad is it when we have been mathmatically eliminated for the playoffs in Jan? Even Pittsburgh can boast a better chance than the Mets...

I hope the Mets get their financial situation turned around! Also, let's concentrate on developing the young talent instead of trading these kids away for the quick fix!

Even so, I'll proudly wear my Mets apparel...and watch every game I can!  One thing about Mets fans...we have put up with a lot and we are patient!

Let's Go METS!!!



The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com