May 25, 2013

At Least The Mets Are Entertaining

As I’ve mentioned several times, as this season unfolded I was not going to hold high expectations but I wanted the Mets to at least entertain me and give me hope that the future is not going to be as bleak as 2009 and 2010.

So far the Mets have carried up their side of the bargain and I have to say that after a very ugly 5 and 13 start, I have held up my side of the bargain by watching as much as possible.

In 2005, we got a new manager, some of our youth and free agents started molding together and built up something special for the following season. Watching in 2005, I had hope and knew 2006 was going to be a year to remember. I feel that this group could be starting to bring some of those feelings come back.

The term that we heard over and over again was “grit”, in the past we didn’t have it, now it is a word that many used to define this team. The Turner’s, the Murphy’s, Pagan’s etc. have carried the team while superstars Wright, Davis and Santana mend injuries. These guys want to win and play the game hard. Yes, we have to deal with this occassional dumb mistake but they are giving their all.

It is really amazing that this team has played 9 or so games over .500 since that awful beginning and have only picked up steam after Davis and Wright were sidelined. If the bullpen could have held up lately this team could be ahead for the wild card. It shows you the job Terry Collins has done. The thing that has me on TC’s side especially is hearing Jose Reyes’ comments and love for him.

Speaking of Jose, a lot has been said but he is the NL MVP at this point. I am so shocked people gave up so early on Jose, he always has been one of the most talented players in baseball but only has been slowed by injuries never a lack of talent. I think that the support that the7line and others have shown for Jose will likely keep him in town at least until the end of the season but I think there is still a big chance that he doesn’t get the contract offer he deserves from the Mets and could walk to a team like the Red Sox.

Who knows what the next three and a half months will hold in store for the Mets but I hope that it will be enough to give us hope that we can get back to where we need to be in 2012.

Sometimes you gotta get action somewhere else

Yes our Mets are on a great little run here and I am loving it. I like seeing the grit and fight in this team. I could care less about their record this year, for me it’s all about their attitude. Give me a team that fights hard and doesn’t back down from anyone that loses 100 games any day over a team of spoiled prima donna’s that win 85 and blame everything else but themselves for the team shortcomings.

So what have I been doing lately to keep my attention? I’ve been doing a little wagering. I love to gamble on the NFL and do it in all kinds of crazy ways, but baseball never really interested me. I started to work with a new guy and he’s crazy about betting the MLB. After hearing about how he does it and realizing it’s really not that complicated as long as you follow baseball I decided to give it a shot. If your interested here is the site I use, it has a comprehensive list of all the MLB Odds. It’s been super easy to use.

Let me tell you, the other night when Daniel Murphy launched that homer in the 8th inning of that game against the Nationals I went nuts. I’d normally go nuts anyways, but with some bills on the line too I was ecstatic. I probably haven’t felt like that since 2006. Totally ridiculous I know but hey, it’s what I do, haha.

Anyways thanks for hanging with us, we are still here, we still love our Mets baseball, and Lets Go Mets!

Time to turn the page

Nobody will ever mistake me for a rose-colored-glasses Mets fan. I tend to lean way way to the pessimistic. Now with camp open though it’s time to turn the page. While I fully admit Mets fans will never forget the last few seasons, it’s time to put them in the past.

How can we expect the team to put it behind then, how can we create a new “culture” and chart a new direction for the franchise if we as fans and bloggers constantly harp on the negative. I’m a married man, and I am far from perfect, and if my wife continually harped on all the stupid stuff I’ve have done in the past, the future wouldn’t be a happy one. Instead you learn from the little issues and create a great future together. Much can be the same with the Mets. Lets hope that the Mets can learn from the past and use it as motivation. A new page is being written now with the new front office, a transition that I love and have high hopes for in the long run.

As a website I want to start to focus our attention on the field. As fascinated as I am with the entire Madoff story, it really wont have any(more) effect on this current team so I will try to put that to the back burner. It’s a huge story, and one I will personally follow closely, but I will promise to not let it effect the day-to-day operations of the team … blog.

Lets have fun and watch some baseball. It’s a great time of year. Take realistic expectations and try to find storylines you want to follow closely this season. For me I am really anxious to see what Thole and Davis can do in Year 2. I am a youth/prospect guy so I love to watch players develop. Find the little niches that will interest you day to day, I find it helps a lot and can draw you into the team even more.

Spring training 2011 is upon us, so let’s play ball.

The Worst Days Are Beyond Us

Well, I hope at least. In past blogs, I’ve referred to the Mets as in a very similar situation to the Knicks. However, I think the Mets have changed their mojo a lot quicker then it took the Knicks too. As I eluded to over the past few seasons, the Mets issuesstemmed from Jerry Manuel to Omar Minaya et al.

I think the new Mets brain trust will at least lead the team in the right direction this season. Trust me, I don’t think the Mets are going to even make the playoffs this year. Maybe contending for the Wild Card into deep August or September would please me. I don’t know if success this season will be matched in wins and losses. I think it will be just changing the culture, getting rid of the cancers of the team and locker room and getting a winning feeling amongst the team.

My idea is that Alderson will try to clean up the roster and focus on player development in the minors and the draft. We know that for awhile the big spending days may be over and the Mets will look to pick up players along the way like the champion Giants did. An Aubrey Huff, a Cody Ross, this are the guys I feel we will go after. Guys you need on a pennant winner, not what the Mets tried to do and that was copy the Yankees and just throw money at everyone.

2005 was kind of an exciting season, we cleaned up after the previous manager had made a mess, we had youngsters who were also showing signs and it led to a winning season and for the next year a magical season. I am hoping that this Alderson/Collins combination can do that. Make it exciting, make me want to watch every game, make me want to spend my money at Citi Field and I will be a happy man.

Wilpons offered Madoff part ownership of Mets

Could you imagine how bad this thing would be if he had taken them up on it?

From ESPN-NY:

When Fred Wilpon and family bought out Nelson Doubleday’s half of Mets ownership in 2002, Wilpon offered Bernard Madoff a chance to buy into the Mets. Madoff, who otherwise invested $12 million in alleged funny money with Sterling businesses, declined.

Here’s the exact passage in the lawsuit:

The only time Sterling offered Madoff an opportunity to invest that he declined was in the Mets, when in 2002, Doubleday sold its 50% ownership of the Mets and Sterling offered Madoff partial ownership interests in the franchise.

Video: Wall Street Journal explains Madoff situation with Mets

Via: MetsBlog.com

Madoff lawsuit to be unsealed

It’s being reported that the lawyers for the Wilpons have issued a motion today saying they “agree the complaint should be unsealed immediately.”

This means that we should get a good idea exactly what is going on very soon, ESPN-NY even reporting possibly tomorrow.

A spokesman for Judge Burton Lifland of the U.S. Bankruptcy Court Southern District of Manhattan said the contents of the lawsuit could be released Friday. A hearing on the Mets objection had been scheduled for Feb. 9.

Stay tuned Mets fans, this could get very interesting in the next few days. This could lift a large burden off the Mets fans, or it could be just the train wreck everyone has been worried about.

NYT: Madoff involvement in Mets finances “pervasive”

As people continue to dig this thing just keeps getting uglier. One thing we know for absolute certainty is that the Wilpons can not be believed at all, having already been caught in several non-truths. As the New York Times reports today, Bernie Madoffs involvement with the Mets finances was “pervasive.” This isn’t some snarky blogger ranting away, it’s the New York Times, and their prognosis does not paint a happy picture.

When the Mets negotiated their larger contracts with star players — complex deals with signing bonuses and performance incentives — they sometimes adopted the strategy of placing deferred money owed the players with Mr. Madoff’s investment firm. They would have to pay the player, but the owners of the club would be able to make money for themselves in the meantime. There never seemed to be much doubt about that,

Wow. It seems that Madoff was part of the Mets business plan. They basically said “Ok we have to play PlayerX 50 million over the next 10 years, lets give that cash to Ole’Bernie and let him do his ‘magic’ and he’ll return us $75 million and we will make money on that players salary, LOL, ROFLMAO, this high finance is easy peasy!”

If one name doesn’t jump out at you right now I am shocked. Does Bobby Bonilla ring any bells? A year ago we were all laughing about how Bobby Bo was back on the Mets salary books. Having deferred a large part of his salary, choosing to instead be paid $1.1 million yearly installments over the next 25 years. People had good fun with this, until people poppedu p with some dazzling numbers and showed that it wasn’t a bad move by the Wilpons and it actually made them money. I am starting to wonder if that is still true. Seems to me this is the exact type of thing that they apparently used Madoff Magic for. Taking that $30 million they would owe Bonilla and giving it to Madoff. Since they were basically guaranteed 15% returns, at the end of the 25 years the Mets would have virtually at least tripled that initial principle, in essence using a “loan” from Bonilla to make profits.
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Wilpons: Ponzi scheme escape artists

Like always when you start to dig around the Mets, things start to stink. An interesting article in the New York Times today outlines that the Madoff Ponzi Scheme may not have been the first illegal investing scheme that the Wilpons escaped with a profit.

Their survival of the previous scheme was so concerning that they settled out of court with the victims of the Samuel Israel III Bayou ponzi scheme.

But for the owners, Fred Wilpon and Saul Katz, it is not the first time they have had their names and personal fortunes roughed up in a Ponzi scheme. An investment firm started by the two men had to pay back nearly $13 million two years ago when a hedge fund run by the scion of a wealthy New Orleans family collapsed in what was then regarded as one of Wall Street’s more brazen frauds.

It seems the common thread in the two scandals is the fact that it’s felt the Wilpons at the least should have known something wasn’t right. It sure seems that they did considering they were able to withdraw their money just in time before the funds collapsed.

According to two lawyers involved in the case against the Mets, the trustee, Irving H. Picard, argued in a lawsuit filed in December that the history of Wilpon and Katz’s dealings with Madoff meant they knew or should have known it might be a scheme, and that, as a result, other victims were entitled to hundreds of millions of dollars above and beyond what Sterling Stamos might have made as profits. “Some of the legal principles adopted in Bayou are the same ones that the trustee is applying,” said Richard Kirby, the lead lawyer for the creditors committee in the Bayou case.

At the very least this is NOT looking good for the Wilpon family. Even if they are not criminally liable for any of their actions, it sure seems as though this trustee is after large sums of money from them. All the money aside this has already been a huge embarrassment for the family name and from the looks of it continue to get worse.

The Wilpons and Madoff had business dealings going back and forth for a long time. Madoffs wife was invested in several ventures by Wilpon owned companies. This tangle of investments will make it very hard to settle and is the reason many think the Madoff trustee could be targeting up to a billion dollars in a lawsuit directed at the Wilpons.

Let’s just hope that in this case the old saying of “where there is smoke there is fire” proves to be false.

Best reactions to Wilpons seeking partners

A couple of the best Twitter reactions in the minutes following the Wilpons announcement that they would be seeking a “limited partner” to fill their cash coffers.

Our personal favorite goes to Mike Vacarro (@MikeVacc)