The New York Mets baseball team, according to today's New York Times, tapped Major League Baseball for a $25 million loan late last year.The loan was provided on the hush-hush to the Madoff-tainted franchise. The secrecy has raised eyebrows among many interested parties. Those include other major league baseball franchises (the Yankees must be having a very good laugh over this episode), the banks whom the Mets' owners have strung out to the tune of $400 million in IOUs, the team's sponsors, the players who must be wondering if Met ownership is solvent enough to meet its $140 million payroll, and the trustee of the Madoff mess who is suing the Wilpon/Katz empire for a cool billion dollars.
Yes, the Mets have issues. Spring training has just begun, and already "Let's Go Mets!" sound pretty hollow. It's going to be a very long, lonely season at Citi Field.
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