Major League Baseball “will not make another major loan” to the cash-strapped owners of the Mets, according to the New York Times. That’s not good news for a team reportedly trying to secure a second loan to offset operating expenses.
There may be more trouble in Flushing. According to the New York Post, the Mets are “desperately” seeking a second loan to offset operating expenses.
According to former commissioner Fay Vincent, the Mets’ $25 million loan from Major League Baseball raises some serious questions. “Any time a team has to come to baseball for money, it’s a great concern,” Vincent told the NY Post over the weekend.