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ashie62

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Everything posted by ashie62

  1. Ollie had to spot an 84 mph Fastball and came up with zero walks and runs.
  2. It is time for opening day as this discussion has become nauseating.
  3. batmagadanleadoff wrote: What's funnier than the rogues' gallery of owners photos posted above is that you all think that the Wilpons are better. I believe the intent was just sarcasm.
  4. Ticket plan 162 from Outer Space. When I look around at ticket prices offered by smaller market teams as low as 2, 3, 4 bucks to get in and then look at NY Prices I am not surprised that Citified (and MFY3) are a tough draw.
  5. I am looking forward to free Mets tickets on Stubhub.
  6. Benjamin Grimm wrote: The trustee would sell the reorganized assets to the highest bidder (Selig has zero say who) at what would likely be a discount to valuations seen now. The "Selig has zero say" thing could be interesting, if it's true. Baseball hasn't worked that way in a very long time. What if a casino company, like Harrah's, was the highest bidder? The trustee has a fiduciary responsibility to get the best price for the creditors, just like Picard does for Madoff victims. If a Casino Co. or some entity Selig doesn't like is the highest bidder we would need a BK attorney to answer what Bids could be denied. 800 Million dollar Company with over 500 million in debt. Yikes. Keep in mind, Queens Ballpark Co. which issued bonds for the building of Citified has the debt rated at a junk level of Ba1. The debt service on those bonds pushes about 9 1/2 percent annually. If they are downgraded further default at some point becomes "likely."
  7. MFS62 wrote: John Cougar Lunchbucket wrote: Mets starting to resemble a company headed toward Chapter 11. Interesting. If the Mets go Chapter 11, does that mean the Wilpons do, too? Is that a way for them to avoid having to pay any penalties/ give backs? Does it make the team a better, or worse, investment? Calling all accountants. Anyone know? Later BK11 for the Mets would require a bankruptcy petition filed by a creditor or The Mets (asking for protection)naming the Mets, as Incorporated, as plaintiff's or defendant. Most likely Wilpon etal. would be advised to file BK for all of their personal and corporate assets so as to protect them also. Penalties...If you are regarding Picard, no avoiding them. Reducing them after negotiation with Picard and the BK trustee is likely. Better investment? The trustee would sell the reorganized assets to the highest bidder (Selig has zero say who) at what would likely be a discount to valuations seen now. There are investment firms that do nothing but buy companies out of BK and repackage them. Think "Chainsaw Al Dunlap" and Scott Paper or KKR.. These are my best guesses.
  8. Frayed Knot wrote: I would have bet that Angel was a hair faster than Reyes. Turns out to be wrong (at least today) but close. Chris Carter could dust them both.
  9. The Mets credit line with MLB was tapped out at 52 million. The additional 25 is either a show of faith from MLB or a bad investment. Nothing more or less..Geez, most Fortune 500 companies have overnight lending activity. This is not a big deal.
  10. Fman99 wrote: .320, 35 HR, 122 RBI, 115 runs, 20 SB, leads the Mets to the pennant and wins the first ever Mets MVP award. Book it, bitches. The Klassic Rock King speaks the truth.
  11. 25 Starts....150 IP 10 Wins...Comp 1.29 ERA 3.38 A pleasant surprise ala Dickey.
  12. Thw Wilpons need all the dough they can get. Who is going to buy a minority stake which equates into an investment in Wilpon. Geez, the stadium bonds are junk status. Freddy is going to have to sell a majority whether he likes it or not.
  13. Reminded me of a cross between Chuck Conners and Tex Cobb.
  14. To clarify a Ba1 Bond rating on the Queens Ballpark Company infers default. It is now a junk bond. If it gets downgraded again the debt service increases.
  15. Gwreck wrote: You're contradicting yourself. First, you suggest the Wilpons have no reason to be fully open and honest, yet in the next paragraph, you suggest that they're the people you're going to "lean towards" (I presume this means "give the most credence to"). Plus, what's with the claims of Rubin being biased? Seriously? Didn't Omar get exposed for how ridiculous that is? Finally, the Mets didn't just borrow $25 million. As the Times article says, they already exhausted their ordinary line of credit from MLB -- and then borrowed ANOTHER $25 million. The money was needed for November operating expenses, in others words, Debt currently due.
  16. Moody's has a Ba1 bond rating for Queens ballpark Co. with a negative outlook. That is not investment grade. Not good.
  17. First exhibition game against another team that I can watch on TV.
  18. None of the above lol.
  19. Murphy,every effing day.
  20. Benjamin Grimm wrote: If you bet, say, $10 on the Mets to be over, what would the payout be if you won? Put up $10, get back $20 or lose it all.
  21. Mets, Orioles over. Twins, A's under.
  22. Turner will continue to look good in that Buffalo uni unless Hu falls flat, and Hu has bombed befroe, so...
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