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Selig not worried about Mets' $25M loan

Baseball Commissioner Bud Selig listens to a question

Baseball Commissioner Bud Selig listens to a question during a news conference in New York. (May 12, 2011) Photo Credit: AP

MILWAUKEE -- Commissioner Bud Selig to Fred Wilpon: I know you're good for it.

That basically was Selig's response when asked Monday about the outstanding $25-million loan the Mets still owe Major League Baseball. The team's ownership group received the loan in November to help alleviate what it described back then as a "short-term liquidity issue."

Almost a year later, that loan still has not been paid back, and it remains one of many unresolved questions about the Mets' troubling financial issues.

"The loan will be paid back, no question about that," Selig said.

When pressed further on a timetable, Selig was noncommittal, adding, "I don't know that. We haven't discussed that. But it will be paid back."

Selig, a longtime friend and ally of Wilpon, also was asked if he is worried about the state of the Mets after the surprising exit of potential minority investor David Einhorn. Earlier this season, Selig had endorsed Einhorn, who had Milwaukee ties with the commissioner, but on Monday he acted unfazed by the development.

"I don't have any concerns," Selig said. "I've talked to Fred a lot about it and they seem to be making good progress at what they're trying to do. He feels comfortable with it and I really don't [have concerns] at this point. They've made no demands or anything. They seem to be moving along in the right path."

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