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January 17, 2009 Latest Mets News Joe Janish

Mets Get Bonds

The Mets began the offseason in full force, adding Francisco Rodriguez and J.J. Putz to their bullpen in a matter of hours. Since then, though, there has been little excitement from the Mets’ camp … unless, of course, the likes of Tim Redding and Alex Cora make your heart race.

However, there is finally some news out of Flushing — the announcement of a big money deal that few fans saw coming.

Bonds.

That’s right, the Mets have attained more bonds from New York City to put toward the development of Citi Field. The city’s Industrial Development Agency on Friday approved additional public bond requests totaling $83M to help defray the cost of the team’s new $800M stadium.

Oh, did you think we were talking about some other bonds? Sorry …

The crosstown Yankees, meanwhile, were granted another $259 million in tax-exempt bonds and $111 million in taxable bonds. Yes, the Yanks get more, but then, their new Yankee Stadium cost about double that of Citi Field — a cool $1.5 billion.

Hmm … $83M of support for the Mets. Does this mean there’s now enough dough to make a 3-year, $75M bid for Manny?

Joe Janish began MetsToday in 2005 to provide the unique perspective of a high-level player and coach -- he earned NCAA D-1 All-American honors as a catcher and coached several players who went on to play pro ball. As a result his posts often include mechanical evaluations, scout-like analysis, and opinions that go beyond the numbers. Follow Joe's baseball tips on Twitter at @onbaseball and at the On Baseball Google Plus page.
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  1. Andrew Vazzano January 17, 2009 at 12:47 am
    Oh, very clever Mr. Janish.

    Very clever, indeed.

  2. sincekindergarten January 17, 2009 at 6:34 pm
    Gotta agree with Mr. Vazzano here–for a brief second or two, I was duped.

    Then, I remembered seeing a story on how the Yankees and Mets had received more municipal bonds, yesterday.

    Must be the several Saranac holiday pack beers I drank throughout today . . .