Wednesday, November 11, 2015

Why Don't The Wilpons Spend Money? Academic Blog

The New York Mets are coming off their most successful season in 15 years and the future looks very bright for their young staff and other upcoming prospects.  Now that its the off season the Mets have several areas to address in the offseason.

The big question everyone is thinking are 1)Will the Wilpons and Sandy Alderson give Yoenis Cespedes a 7 year deal? 2) Will Daniel Murphy accept the $15 qualifying offer?

The answer to those questions are most likely no and no.  This offseason you will most likely no and no.  The Mets cannot be handing out big contracts with all the young talent they will have to be locking up in the upcoming years.  Yes, Cespedes was a great pickup for the team in 2015, but giving him 7 years and over $200 million decreases the chance that they will keep all 5 of their young aces.

Daniel Murphy had a phenomenal postseason for the Amazin's and a great 8 year career in New York, but he can get more money elsewhere, so he'll more than likely go elsewhere.  Plus the Mets are high on 22 year old second base prospect Dilson Herrarea.

Now in the following seasons, starting at the end of 2016, the Mets and the Wilpons will have to focus on locking up their young aces.  It will be interesting to see what happens when they get to that point in time.  Even though the Mets play in the biggest market in the country, the Mets had the 21st payroll in the MLB last season.  The Wilpons are very heistant about giving out big contracts.

A big factor in this that no one really talks about, is their role in the Bernie Madoff ponzi scheme.  Its been reported that the Wilpons have lost $700 million as a result of Bernie Madoff.  Many people are saying that the Wilpons are hoarding money because of the payouts they had to do, but its hard to believe that when they are still not one of the highest payrolls in baseball.  It will be interesting to see how the Mets handle the contracts of their young guns in the upcoming years.

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