According to the New York Daily News, the Mets aren't in on the Matt Holliday bidding because of "payroll concerns."
Of course, that is all subject to change if they can move some bad contract dollars. The Mets have been trying for two years to deal second sacker Luis Castillo who brings in about $6 million a season. That will probably cover about a third of what Holliday gets on the open market. But it's a start...
The Mets are more likely to try to upgrade their porous pitching with the dollars they have available. A pair of former Cardinals, Joel Pineiro and Jason Marquis are both linked to the Mets. The New Yorkers are said to prefer Pineiro, but it looks like Marquis might be the more affordable of the two.
It is starting to look more and more like the Cardinals' ability to keep Holliday depends on how crazy they Yankees (who claim to be disinterested) and the Red Sox (who would rather have the cheaper Jason Bay) get.