According to Brian Costa of the Wall Street Journal, and several other media outlets, the Mets received a $25 million loan from Major League Baseball in November as the team had a liquidity issue.
The Mets are expected to repay the loan quickly, but it only provides further evidence that the team has been going through a financial crisis.
The Wilpons are nearly $400 million in debt, and are facing a $1 billion lawsuit by Irving Picard, trustee for the Bernie Madoff victims.
The last time MLB provided a loan to a major league team was in 2009 when the Texas Rangers received roughly $15 million in financial assistance.
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