Showing posts with label Eliminating Minor League Team. Show all posts
Showing posts with label Eliminating Minor League Team. Show all posts

Tuesday, December 20, 2011

Mets cut back, drop one of their minor league teams


The financially troubled Mets announced Tuesday that they were eliminating their minor league team in the Class A Gulf Coast League.

That move could save them between $750,000 and $800,000, according to executives with other franchises who are familiar with the cost of running those teams.

According to Jim Duquette, who was the Mets’ farm director and their general manager and now is an analyst on Sirius XM’s MLB Network Radio, the move saves money but may also reflect a new drafting philosophy. The Gulf Coast League is usually for draftees out of high school and for international signees. Most college draftees go straight to the New York-Penn League or the Florida State League, where the Mets retain affiliates.

The Mets, who recently took out a $40 million bridge loan to cover costs, were one of only three major league clubs with nine minor league teams; the Mets’ include two in the Dominican Republic. According to MLB.com, 16 organizations have seven affiliates and 12, now including the Mets, have eight.
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