Consider Friday’s news about the Mets as a good thing. A sign that things are finally improving for the better.
A year ago, I may not have been so forgiving but at this point, who really cares? At this point, the Mets are so far along in the punchline scale that its very difficult to see them recovering.
As a Met fan, I must admit the next few hundred or maybe thousand words (who knows where this will go and it may be fragmented arguments and a lot of run on thoughts about the Mets) may sound very redundant on the point I’ve been making about the Mets: the ownership situation has been the liability.
I”ve been pretty much anti-Coupon* family for a long time. After 2006 in which everything went right for the Mets and there was actual hope within the organization the Mets began basically deconstructing a very good team in hopes that they could strike lightning in a bottle again. For some time I, like many Met fans began putting it all on the lap of the General Manager Omar Minaya. Usually the GM is the first people blame.
*= Coupon= Wilpons
But as I began reading more and more reports it became obvious that there was a higher power involved in personnel decisions. Rumblings of GM’s complaining about Jeff Wilpon’s inclusion in the decision making process led many to believe that Minaya was more of a worker bee- given instructions by the Queen Bee and ordered to make it happen.
Many of the decisions that followed were done to improve the bottom line more so than the actual product on the field. Many of their decisions had very little on building a good team as much as it had to do with building a good product. The Mets became obsessed with big ticket items surrounded by middling salaried players.
I always felt that the Mets, in their minds, were competing with the Yankees. They defended their decisions and poor results by saying that they were one of the Top 5 payrolls cluelessly not realizing that it was in that very argument that they were being made to look like fools. A top 5 payroll and these are the results?
But nothing made me more aware of their absolute lack of common sense than when the Madoff Ponzi scheme came to light and rumors began swirling about the Coupon family’s involvement. They weren’t in collusion with Bernie Madoff- they too were swindled for sums of cash. That figure was kept under wraps but became fodder for writers to discuss and ponder over.
I would never suggest that the Coupons actually reveal the figure they lost, but their continued refusal to accept that it would affect the day to day operations for the Mets was comical. How in the world could you stand to lose anywhere between $250-$700 million and insist to the fan base that this would NOT affect payroll?
It was then that the $145 million payroll became a burden than a badge of honor for the Wilpons. The situation became even more dire when according to multiple reports Bud Selig, the Commissioner of baseball, had to get hands and “suggest”* that the Coupons hire Sandy Alderson who was at the time working for MLB in the Commissioner’s office coincidentally cleaning up another mess- the baseball academies in the Dominican Republic
*= read demand
The thing that always irked me about the Coupons was their insistence in pushing this myth of fiscal security down our throats. While the Madoff scandal was breaking before our very eyes, it became clear that Sterling Equities, the Coupon family owned corporation and majority holder of the Mets, had taken a dent thanks to Bernie and Co.
They continued to insist to the fans that nothing would change and repeated so everyone could hear, that the Mets had one of the highest payrolls in baseball which to them may have sounded great but to me or any other fan with a clue sounded like a cop out. An excuse that a major corporate CEO should never have to use to justify anything. That’s like Terrell Owens’ financial adviser saying that he had $25 million reasons to live in response to allegations that he tried to take his own life.
Are you serious? That’s what you’re going to say? The Jason Bay signing was a mirage. A move intended to shift the focus off of darker days ahead. The day when the lie was no longer going to work. That day came Friday.
Friday, like a kid who had no excuse left, tried one last ploy to ease concern. Except like every move since 2006- it only created a bigger sense of worry. The Mets announced Friday that they would look to sell 20-25% of minority stake in the Mets. Which naturally begs the question: why would anyone go through such a risk? They’d be paying to help ease the cost of bills when the truth behind the Madoff scandal comes out.
And this decision can make one assume that there is more revelations to come. The Mets were seen as winners in the Madoff scandal when it was revealed that they had withdrawn somewhere between 40-50 million dollars. Irving Picard, the man in charge with collecting money to pay back investors burned by Madoff’s Ponzi scheme, is going after the Wilpons and truth is no one really knows what he does. In fact, it stands to reason that one should only assume the worst: that the Mets will owe between $700 million to $1 billion when all is said and done which will lead to the greatest thing this Met fan can ever hope to hear: The Coupon family must sell the Mets.
To say that someone wouldn’t be interested in minority stake would be foolish. If there is more bad news, whoever buys the 25% would stand to gain from the windfall as only Sterling Equities would be held accountable for the Madoff mess and would automatically give the minority owner exclusive rights to negotiate a purchase which is very appealing.
Let’s not forget that the Mets have several things going for them. They are located in the world’s number one market, they have their own television network which is a cash cow. They have a brand new stadium which, under the right ownership group and situation could make it a very lucrative building. Also, more importantly, baseball will not allow the Mets to fold. They have the might and backing of the league office which always helps.
Organizationally the Mets are headed in the right direction. They are trimming payroll and refusing to get involved in long term contracts that make no sense. Its incredible that GM’s get paid ridiculous sums to go out there and sign free agents to ridiculous deals but if there is ONE thing that’s very clear nowadays its this: most sports franchise owners have Jerry Jones syndrome.
They’d rather spend more time figuring out how to maximize their profit potential by building these crazy state of the art stadiums than actually go the time-tested formula of building a perennial contender that will actually draw fans into said building. How is that such a difficult formula to go by?
The gift and curse of today’s society is technology. Now that we’ve been given all this technology and ability to have all this information at our finger tips we’re now complaining that we have TOO much information as if that’s a bad thing.
Nowadays, you can Google anyone and find something about them that five years ago may not have been possible. The biggest problem, the fastest rising tech company today (Facebook) faces is privacy concerns. People are so scared that they will be found out on the internet for their weird tendencies that they don’t want anyone to know about. Of course, that information ends up on the internet and it is very difficult to keep that from happening unless you’re like Mikhail Prokhorov and hate technology and computers and don’t believe in them like they are some myth concocted by teenage geeks who made everyone believe their fantasy world of Warcraft was some realistic universe that somehow NORMAL people are slowly becoming a part of.*
*= I have very good excuse for that weird run on sentence. A few days ago I had a conversation with a tech friend. I’ve recently been on Engadget, CNet and other techy blogs and like any person who found this vast amount of information I naturally brought it up to friends who I felt would be versed in such things so I could know even more. Needless to say, telling tech geeks about their own world is somehow insulting to them and they make this very earnest attempt to make you feel and sound stupid. Its in the looks of bewilderment like for instance bringing up IPAD 2 and Iphone 5 rumors. I read up on what NFC is and as a sports geek myself I made the joke about how before two weeks the only NFC I knew was in football. There were crickets at night that were louder than the silence that I got on that joke. He went on to tell me that this technology is the future but that word has been floating around for the last couple of years and most new products will include this technology which by the way is basically a way for you to pay for your Starbucks treinte with your cell phone. But you get what I’m saying. And before anyone makes the counter argument that sports geeks are the same way let me remind you that the stereotype is that we’re stupid morons with pot bellies and we’re in the beer and wings crowd and not the wine and cheese. We don’t snub our noses at the novices, we merely detest people with ten thousand questions while the biggest game in the universe (that being whatever we’re presently watching) is going on. Please don’t do that, there is a time and place for such things and THAT is not it.
But the idea that TOO much information is somehow bad is not true in every sector of society which includes sports management. I’ve long been a fan of learning how championship teams are built. There isn’t a formula involved that is true but there are a few maxims that General Managers hold on to: you need guys who keep the clubhouse loose- because when the going gets tough, they are the ones that will calm your superstars down by coming into the clubhouse and farting real loud. They are as important to a team as the superstar.
A few years ago I wrote an article about what I felt was missing from the Mets and what changed in the locker room dynamic between 2006 and 2007. How could the Mets go from being a dominant contender in 06 to a bunch of choke artists in 2007? For one, David Wright who was their cornerstone player, did not have Cliff Floyd who was both mentor and best friend on the team. He played a valuable role in teaching Wright, then a novice, on all things baseball related and always kept him comfortable even under the duress of the media maelstorm that is New York. Most notably I remember a TRL appearance by David Wright where he brought along Cliff Floyd. For some the guessture was nice but many stories after that intimated that Wright needed Floyd there to get over the nerves of being on national TV because he was only now coming into his own.
Missing players like that have been the Mets problem. Which of course makes the entirety of the Mets product look shoddy. Reyes, Wright, etc are not built to be leaders who can motivate a group and get them out of the doldrums of a losing season. That attitude needs to be built in and come from somewhere which is why the Mets needed a Terry Collins type.
But that we’ll get to. The Mets need more than just a fiery manager. They need a culture shift which is what Sandy Alderson and staff hope to do. They’ve spent pennies in comparison to the old regime and it doesn’t automatically invite parades but its nice to see business done in other ways. That throwing money at a situation doesn’t make it ok. That telling everyone about how much money you are spending isn’t going to make anyone respect you anymore. That its about how you spend that money and not how much.
If this episode has taught us anything its this: the Coupons lie is finally coming to bite them where it hurts. It is no longer a secret. The Mets ownership group has to continue their coming clean act. They have to be forthcoming in the next few months in order to put any rumors to rest.
What does that entail? If the situation is as bad as everyone’s assuming, cut the crap Coupon family. Just sell. Don’t sell minority stakes and stave off the eventual: cut your losses and let go. Their stubborn refusal is still evident when they made it a point to emphasize that this is NOT about them selling the team.
Its clear they know more than they are letting on and will allow the system to leak the information. That eventually we will learn what they already know. But here’s what I’ve known for a while now: the Wilpons are what’s wrong with the Mets. They have never been completely honest about anything. Its all coming back to haunt the Mets and honestly its about time. The Mets ownership group needs new blood and not a moment sooner.
The front office looks solid and sounds like they know what they are doing, but given the Coupons history of being honest maybe they had no idea what they were getting into and the promise of reinvesting that 50-70 million that will come off the books may not be realistic. We will get into that in part two of this. But for now the message is clear: Sell Coupons. Save yourselves and just sell the Mets and be on your way. You’ve done more harm than good. If you love the Mets as much as you say you do then just sell the team to people who will do something with them.