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 Mets Revenue Sharing Proposal

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Does the league grant one year exemption and a $15 million loan to the NY Mets, where the Mets will pay back $35 million within the next 7 years at 10% interest?
Yes
Mets Revenue Sharing Proposal Vote_lcap67%Mets Revenue Sharing Proposal Vote_rcap
 67% [ 6 ]
No
Mets Revenue Sharing Proposal Vote_lcap33%Mets Revenue Sharing Proposal Vote_rcap
 33% [ 3 ]
Total Votes : 9
 

AuthorMessage
tunit
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tunit


Number of posts : 1061
GM : New York Mets
Registration date : 2006-10-08

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PostSubject: Mets Revenue Sharing Proposal   Mets Revenue Sharing Proposal Icon_minitimeSun Jul 15, 2007 1:27 pm

Yes or no?
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jcc_paco
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Number of posts : 348
Registration date : 2007-06-04

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PostSubject: Re: Mets Revenue Sharing Proposal   Mets Revenue Sharing Proposal Icon_minitimeMon Jul 16, 2007 11:01 am

I'm voting yes, but I want to clarify the specific reasons a "loan" is being allowed. This is being done only because if the Mets hadn't agreed to the rev. sharing plan, next offseason they would have the money for this stadium. I don't want to see other teams expecting loans based on this. The revenue sharing plan is a dramatic change in the league, that affects the Mets more than anyone, including the Yankees at this time because they basically are in a position where they've had no owner, have expiring contracts, and will not have to adjust at all. The Mets have agreed to the revenue sharing plan, this works well with that, the stadium will help the league, and is basically a special circumstance related to revenue sharing being introduced.
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