Technically, of course, this all has to do with baseball, since a ballclub's financial stability can affect how it goes about assembling a roster (though Sandy Alderson says that this particular mess won't affect how he does his job), not to mention how the organization is perceived by, say, a future free agent considering where to sign. But with spring training approaching, much of the news about the Mets lately has involved not pitchers and catchers, but lawsuits and debt.
And so today, the Times looks at the role banks may play in the lawsuit facing the club's owners and points out that there's "serious debt on [Fred Wilpon's] team and the new stadium he helped build in Queens." Over at ESPN New York, meanwhile, Adam Rubin spoke to two more legal experts about the suit. There, you can learn the experts' answers to questions like:
Is there anything favorable to the defendants, or in terms of what Mr. Picard is alleging, anything particularly compelling in Section IX, which deals with whether the Wilpons and Saul Katz ought to have known something untoward was going on with Bernard Madoff?
If Irving Picard could substantiate that they withdrew $300 million more from certain accounts than they put in, without even presuming bad faith, would you have to assume he wouldn't settle for less than that figure? He's seeking $1 billion, a lawyer working with him said.
You're also likely to learn the answer to the question "How much legal analysis can I read before looking again at the picture of the truck that left Citi Field yesterday, bound for spring training in Port St. Lucie?" Sure, it's a photo op. But at least there's baseball equipment in that truck. That they'll use in real baseball games, soon enough.