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Report: Mets to lose $23 million

Updated: September 6, 2012, 9:56 AM ET
By Adam Rubin | ESPNNewYork.com

NEW YORK -- The New York Mets are under .500 ... and in the red.

The team is expected to lose $23 million this season, the New York Post reported. General manager Sandy Alderson previously has said the Mets lost $60 million last season.

Decreasing the previous year's losses by nearly 62 percent is largely a function of the Mets slashing payroll by roughly $50 million from 2011 to 2012.

ESPNNewYork.com previously has reported that the 2013 payroll is expected ...

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