B-Mets, NY Mets Extend PDC

PRESS RELEASE – The Binghamton Mets and New York Mets today announced a four-year extension of their Player Development Contract, securing the B-Mets as New York’s Double-A affiliate through the 2016 season. The Binghamton Mets have been affiliated with New York for the past 21 seasons.

“We are pleased to continue our affiliation agreement with the New York Mets and as this season draws to a close, we look forward to our 22nd year as a New York Mets affiliate in 2013,” said team owner Mike Urda.

Founded in 1992, after the New York Mets moved the Williamsport Bills to the Southern Tier, the Binghamton Mets have been a proud affiliate since day one. In their 21-year history they have garnered two Eastern League titles and produced a long list of notable alumni.

The Binghamton Mets open their 2013 home schedule against the New Hampshire Fisher Cats on Thursday, April 11 at 6:35 PM.

Tickets are still available for Binghamton’s final homestand of the season as they welcome in the Trenton Thunder, the Double-A affiliate of the New York Yankees, for a four-game set starting Friday, August 31st. Visit our online ticket store or call 723-METS to purchase tickets.

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6 Comments

Filed under Lease & Contracts

6 responses to “B-Mets, NY Mets Extend PDC

  1. Commish

    I love your Blog with excellent content. Please at least own up when you make a statement and stand by it. You state above nobody said it was a done deal. I agree the PDC doesn’t mean the time is in Bingo forever. Clearly theu will be in Bingpo for at least 2013.

    You posted this below back in February…in response to a question? Alan, is it a down deal?

    Well, all signs are still pointing toward the B-Mets. Do I think it’s a done deal? Yes. Quite frankly, I don’t think the negotiations in Ottawa would have gone anywhere without a deal already being done or very close to being done for an existing Double-A club. If it’s the B-Mets, Binghamton wouldn’t be without baseball for long. A NYPL, indy pro, or PGCBL team would step in to fill the void. Despite any denials or obliviousness by the folks in Batavia, the Muckdogs would likely be on the move. The team is for sale, and the Triple-A Rochester Red Wings would likely encourage a sale in order to capitalize on the hefty pay out they negotiated for operating the club at a loss for the local owners over the past few years.

    Alan

    • ballparkbiz

      Well, you got me in the sense that I said I “thought” it was a done deal. Thanks for pointing that out. Now, I don’t want to split hairs here, but that’s a little different than saying it was a done deal — hence, the reason I said in the same breath, “all signs are still pointing toward the B-Mets.”

      Now, when I think about a done deal, I am not necessarily thinking about signed, sealed, and delivered. I am thinking negotiations have occurred and at least preliminary agreements have been made with contingencies. Do I think the B-Mets had direct or indirect discussions with Beacon Sports? Yes, and I think the B-Mets are still in play for relocation if a things were to fall into place in Ottawa. That, however, remains to be seen.

      These are logical conclusions based on the opposition or foot dragging by Ottawa city staff on keeping Ottawa Stadium around for baseball. From my perspective, it would make no sense for a once reluctant (and more sophisticated from a due diligence and negotiations standpoint) city to finally agree to spend millions of dollars on ballpark improvements without a guarantee of a Double-A team. Now, the Ottawa deal has not been finalized and written in stone, but I don’t think the B-Mets are the obstacle.

      Thanks for the kind words about the site. Please never hesitate to call me on it when I am wrong or inconsistent!

      Alan

  2. Agreed, Alan. I think people overreact to the PDC agreements. It is not like they preclude a team from moving and besides that, affiliation switches in the middle of a PDC aren’t unprecedented. That said, I do hope Binghamton can keep the Mets. With a sweetheart deal like the current owners have, why would they sell ?

    • ballparkbiz

      Brian,

      With a sweetheart deal like the current owners have, why would they sell ?

      Good question. From a business perspective, I can only conclude that the owners of the B-Mets would net out ahead by selling the Double-A club and buying a Single-A franchise to replace them. This would provide immediate financial gratification. In the long run, the ownership would be missing out on making game-day money in April, May, and half of June, because the New York-Penn League is a short-season circuit. But, they would still own an appreciating asset, and I would expect there would be some immediate increase in the Single-A team’s valuation as a result of its relocation to a better and more profitable market and ballpark.

      Alan

  3. Commish

    So much for everyone that was in the know in the Spring that said this team leaving Binghamton was a done deal.

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