The New York Mets should post a $23 million loss this season — about a third of the loss posted in 2011, reports the New York Post.
The team is also expected to post a $15-million loss in 2013, the newspaper reports.
There are losses, and then there are losses, depending on whether you’re looking at something akin to GAAP reporting or what’s reported to MLB officials. Then there are the financial kept on the TV side of the operation and the ballpark side of the operation. So we’re not saying that the Mets actually lost $23 million — just that’s what’s being claimed on one set of books. In the immediate future, though, it means that the Mets probably won’t be major players on the free-market front this offseason.
—-
Share your news with the baseball community. Send it to us at editors@augustpublications.com.
Are you a subscriber to the weekly Ballpark Digest newsletter? You can sign up for a free subscription at the Newsletter Signup Page.
Join Ballpark Digest on Facebook and on Twitter!
Follow Ballpark Digest on Google + and add us to your circles!