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Report: Mets need another loan

Updated: March 1, 2011, 7:34 PM ET
By Adam Rubin | ESPNNewYork.com

Days after the New York Mets acknowledged obtaining a loan from Major League Baseball to address liquidity issues, the team's embattled owners are desperately searching for another bank loan to cover basic operating expenses, the New York Post reported on Tuesday.

MLB and the ballclub are "exerting strong pressure" on JPMorgan to provide additional money until a minority ownership partner can be secured to infuse cash, the Post reported. Reports indicate the Mets already have $430 ...

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