Howard Megdal makes the Times.  Look at that.

Their valuable network, SNY, is also heavily leveraged, to the tune of $450 million, a loan that must be repaid in 2015. And the Mets’ Citi Field bond payments leapt from $19 million last year to $43.7 million.

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“It seems inconceivable they’re going to hold onto the team for the long term when you look at the incredible hurdles they face in 2014 and 2015,” said Howard Megdal, author of an e-book, “Wilpon’s Folly,” in which he details the financial pressures on the team.

Mets officials declined to speak about the team’s debt or to

Continue reading For Mets, Vast Debt and Not a Lot of Time – NYTimes.com

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