Cap Trimmed
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More Great Information on Cap Trimmed:
Mets Layoff 10% Of Non-Player Staff (Zimbio)
The cash-strapped Mets have trimmed nearly 10 percent of non-player staff,
including business, clubhouse and scouting personnel, The Post has learned.
“Several weeks ago, we made workforce reductions in both the baseball and
business operations departments, which amounted to less than 10 percent of our
full-time staff,” the team said in a statement.
The Mets have about 180 non-player employees, of which about 15 have been laid
off, said sources.
The Wilpon family (the team’s principal owners) are battling a lawsuit aimed
at forcing them to return money they allegedly gained from the Ponzi scheme
run by Bernard Madoff.
A plan to raise money by selling part of the team to hedge fund guru David
Einhorn for $200 million collapsed. The team is trying to find buyers for
ownership shares.
The layoffs are another ominous sign for the Mets, who are seeking to cap
their payroll at $100 million to $110 million. They’re now fighting to keep
shortstop Jose Reyes on the team after he became a free agent yesterday.
A team source said the layoffs will have no effect on player payroll.




