Share this article

print logo

Mets' finances aren't restricted

NEW YORK -- Sandy Alderson insists a lawsuit against the Mets' owners by the trustee trying to recover money for Bernie Madoff's victims isn't limiting his moves as the team's new general manager.

"When I interviewed and took this position, I was of course aware of the pre-existing involvement of the Wilpons and the Mets with Bernie Madoff," Alderson said Monday. "I wasn't privy to all of the detail, nor am I or most of us at this point privy to all that detail, and I wouldn't expect to be. At the same time, none of that has affected what I have done over the last two months and I don't expect that it will have any impact on what I do over the next several months, including into the 2012 offseason."

Speaking during a conference call to announce knuckleballer R.A. Dickey's $7.8 million, two-year contact, Alderson said the team's high payroll caused the lack of major moves since he replaced Omar Minaya after the 2010 season.

Dickey started his season with the Buffalo Bisons, and went 11-9 after joining New York.

The Mets finished last season at $127.6 million, the sixth-highest in the major leagues, according to the commissioner's office. Alderson estimated the 2011 payroll will be between $140 million and $150 million.

Mets owner Fred Wilpon said the decision to explore new investors was created by uncertainty caused by the lawsuit filed last month by trustee Irving Picard, who says the Mets made nearly $48 million in Madoff's Ponzi scheme. He said the Mets Limited Partnership originally invested about $523 million, but eventually withdrew about $571 million from the accounts.

***

Yankees add Garcia

NEW YORK -- A person familiar with the negotiations tells The Associated Press that free agent pitcher Freddy Garcia and the New York Yankees have reached a deal on a minor league contract.

The 35-year-old Garcia went 12-6 with a 4.64 ERA in 28 starts last season for the Chicago White Sox. The right-hander is a two-time All-Star and has a career record of 133-87 in 12 seasons with Seattle, Philadelphia, Detroit and the White Sox.

There are no comments - be the first to comment