" it's been reported that without the Madoff income the team would have lost money every year since 2002. That includes several years drawing more than 3 million and one over 4 million.
The NY Times reported the team lost money in 2009 with attendance of 3.1 million and 93% capacity.
Perhaps ownership should learn how to manage money and run a baseball team before paying customers take the blame." No one ever accused this ownership of being geniuses. Wilpon had a ballpark designed that had about 15,000 seats less than Shea, so ticket prices had to be higher to have the same revenue even if they had a sellout every night. At the same time, fans got sick of having the Mets fall flat so they stopped coming. Then the Madoff thing hit the fan. That's a bad combo. Any owner with that set of circumstances wouldn't spend more money to improve the team. No one can blame the fans for not wanting to buy tickets to see this team. The fact remains though that by staying away, there's even less money to work with to get good players (Especially since the Madoff money isn't there to pay the bills). Reducing payroll is the only option they have right now to get things under control before they can spend money again.
You're way off on the agent compensation - it's 5%. You're even farther off if you think any player would consider him as an agent. He a known bonehead, and so is DiPodesto. Alderson had a G.M. to cushion the blow in San Diego and that didn't save him. He was a failure in the Pres. job, and he's a failure as a G.M.
MLB gives an agent license to anyone who has a player - having a player to represent is the criteria. Your impression of the significance of his B.S. Curriculum Vitae - if he's so smart I guess he has a strategy to trash this outfit. He's a creep created by nepotism, and another example of an entitled Harvard loser.
Last year the mets spent 1.86 mil per win. If they win the same amount this year, they will pay 1.2 mil per win. Over the course of the season it adds up to 49.5 mil in savings. Add in the 50 mil cut in payroll, Alderson saved nearly 100 mil this season for the same results.
You are right. He did his job.
The object is to get the correct value for the Monet spent. I hear what your are saying because I am also annoyed at the lack of success of this team. I do think they are in a better position today than we where last year in terms of money vs results.
Mark teixera and Adam Laroche have similar stats. Tex gets 22.5 mil per year. Laroche, 8 mil. Who would you rather have on your team?
"The fact remains though that by staying away, there's even less money to work with to get good players (Especially since the Madoff money isn't there to pay the bills)."
Starve the beast and force them out.
I get it now.So its like me owning a nice restaurant with great atmosphere, but with a lousy Chef. I should tell me customers: Well if you come and spend top dollar here because its a nice place but on inferior food then maybe in a couple of years I can hire a great chef.
Yea that will work.
Why did they lose so much money? There losses are only a small part due to high payroll and bad team. The losses are largely due to the fact they build a stadium they could not afford and are now saddled with tremendous debt service payments every year.