Originally posted on CBS New York:
NEW YORK (CBSNewYork) – More great news has come out of Flushing.
As if their disappointing second half of the season that saw their playoff hopes go under wasn’t bad enough, the New York Post reported on Thursday that the Amazin’s are expected to lose $23 million this season.
It could be spun to be encouraging news — as general manager Sandy Alderson said that the Mets lost $60 million last season — but any way you cut, the club appears to be bleeding cash.
New York cut its payroll by roughly $50 million from 2011 to 2012, and Alderson recently told WFAN’s Mike Francesa that the payroll for the upcoming season will be in the neighborhood of $100 million.
The Mets don’t have much wiggle room at the moment, as both Jason Bay and Johan Santana — one of whom is not producing and one of whom has been…
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