New York Mets Continue Cutting Costs

In another attempt to save money and recover from the Bernie Madoff scandal, the New York Mets eliminated one of their minor league teams, the Port St. Lucie Mets. In 2010, the Mets lost $50 million and this past season the Mets lost another $70 million. The owner of the club, Fred Wilpon, said that the organization was "bleeding cash." Sandy Alderson made a statement saying that the Mets payroll will be around $100 million this upcoming season and they are already at $89.1 million. Johan Santana, David Wright, and Jason Bay account for roughly $51 million of the original $89.1 million. The Mets could not fund the Port St. Lucie club and that's why they had to get rid of it.

As a Mets fan, hearing your owner saying that your team is, "bleeding cash" is like a death sentence. Its so frustrating because how can you get any better with no money? You can only plug in role players if you have a few really good players that can carry the team for the most part. Because of the whole situation, it prevented the Mets from resigning Jose Reyes, who the team could obviously use.

I hope that Sandy Alderson is doing the right thing and that all this cuts will pay off in a couple years. This needs to be our last rebuilding period for a good amount of time because we have good young players at key positions.

The home of the Port St. Lucie Mets. Well, used to be anyway.