Leafs Optimistic Fans Will Buy Rebuild MLB Still On Pace To Reduce Game Times Sharks Owner Backs Execs In Letter Thomas Wants To See MLB Inner-City Academies MLB National Viewership Off To Good Start Ticket Sales Up Minnesota United FC Mets Outpacing Yankees In Early Season Ratings Bills Could Cap Season-Ticket Sales Hawks Sold For Second Highest Price In NBA History Orlando City Sells 14,000 Season Tickets
Upcoming Conferences and Events
SBD/March 25, 2011/Franchises
Mets Reportedly Lost Nearly $50M In '10, Could Lose As Much Or More This Season
Published March 25, 2011
DEFINING DEBT: In N.Y., Josh Kosman reports MLB is "working to cut how much debt its teams can carry." Sources said that the move, "aimed at avoiding a Mets-like cash squeeze or a Texas Rangers bankruptcy-type scenario, will be centered on widening the definition of team debt." The new debt rule "would be part of MLB's collective bargaining agreement talks with the players' union -- talks that have just begun." Teams currently are "supposed to adhere to a 60:40 ratio of assets to liabilities, adopted in 1975" (N.Y. POST, 3/25).