Major League Baseball

Selig: No rush for Mets to repay MLB loan

Published Oct. 11, 2011 1:00 a.m. ET

share

facebookxredditlink

foxsports

There is still no timetable for the New York Mets to repay the $25 million they received last season from Major League Baseball, according to Commissioner Bud Selig.

But Selig, speaking Monday night before the Brewers faced the Cardinals in Game 2 of the National League Championship Series at Miller Park, indicated he is satisfied with the progress the Mets have made trying to rectify their financial problems.

The Mets recently ended negotiations with David Einhorn to buy a minority stake in the team, and principal owner Fred Wilpon will instead attempt to sell small blocks of the franchise to friends and family.

"I don't have any concerns," Selig said. "I've talked to Fred a lot about it, and they seem to be making good progress at what they're trying to do. He feels comfortable with it, and I really don't [have concerns] at this point. They've made no demands or anything. They seem to be moving along in the right path."

Nevertheless, Selig said there is no timetable in place for the Mets to repay their loan. "We haven't discussed that -- I don't know that," Selig said. "But it will be paid back."

Read more . . .

share

Get more from Major League Baseball Follow your favorites to get information about games, news and more

in this topic

Major League Baseball