Major League Baseball tossed the financially flagging Mets a $25 million lifeline late last year in a bid to shore up the cash-strapped team as it faces claims from Bernard Madoff victims, sources told The Post.
"We did receive a loan from Major League Baseball in November," the team admitted in a statement yesterday. "Beyond that, we will not discuss the matter any further."
Saturday, February 26, 2011
Mets' $25 million bailout : Loan from MLB
The New York Post reports:
