Mets Owner To Run MLB's Finance Committee

Incoming commissioner Rob Manfred has begun swinging the ax, installing his preferred owners in positions of power and shunting Bud Selig's confidants to the side. But one of those Selig allies, Mets owner and CEO Fred Wilpon, isn't just being put out to pasture: he's been appointed chairman of MLB's finance… » 1/20/15 8:55am 1/20/15 8:55am

The Mets' Owners Have Reached A Settlement With The Bernie Madoff…

The federal trial was supposed to begin this morning, but Richard Sandomir of The New York Times tweeted that the Wilpons and Saul Katz have instead reached a settlement that will cost them $162 million. Irving Picard, the trustee representing the victims of Bernie Madoff's Ponzi scheme, had been seeking $303 million. » 3/19/12 10:10am 3/19/12 10:10am

How Bernie Madoff's Money Ran The Mets

Next month, a jury will hear a lawsuit against Mets owners Fred Wilpon and Saul Katz that seeks to recover as much as $1 billion for the victims of Bernie Madoff's financial scam. In advance of the trial, legal filings and depositions paint a picture of a New York Mets ownership that for nearly a decade was in thrall… » 2/21/12 10:55am 2/21/12 10:55am

Stories That Don't Suck: SportsFeat's Guide To Schmuck Owners

Every Friday, SportsFeat picks a few great weekend reads for Deadspin. In honor of Frank McCourt, the lockouts, and James Dolan's never-ending flirtation with Isiah Thomas, here are five of the best stories ever written about terrible owners. » 7/01/11 3:20pm 7/01/11 3:20pm

Mets' New Owner Is Poker Whiz, Dave Kingman Impersonator, Ball-Busting…

The cash-strapped Mets are in talks to sell a minority stake in the team to hedge fund manager David Einhorn for $200 million. Normally, minority shareholders aren't news, but these Mets aren't in a normal situation. With more than a billion dollars at stake in the Bernie Madoff lawsuit, the team hemorrhaging money to… » 5/26/11 12:30pm 5/26/11 12:30pm

MLS Wants To Give The Mets Owners A Team, For Some Unfathomable Reason

Grant Wahl of SI chatted with MLS commissioner Don Garber on Thursday, and New York's most beloved and comically destitute real estate barons came up in conversation. » 3/12/11 4:30pm 3/12/11 4:30pm

Mets Owners Max Out MLB's Credit Line, Start Putting Stuff On Their…

It's official, everybody: the Mets are broke. Wait, you knew that already. But now they're officially really, really broke. They're so broke, they just put all their CDs and VHS tapes up for auction. Where else will you find Jungle 2 Jungle and its soundtrack in one place, both lightly used? Well, Bud Selig must… » 2/25/11 7:05pm 2/25/11 7:05pm

Mets Owners Were Really, Really Confident In Bernie Madoff

Somehow, some way, long after Bernard Madoff began his 150-year prison sentence, the Mets are still being made to look foolish with their money. » 2/02/11 1:15pm 2/02/11 1:15pm

This Is Exactly What It Looks Like

U.S. Marshals will be auctioning off Bernie Madoff's customized Mets jacket. So you can doubly pretend to make tons of money but fail in the end anyway. [Gaston & Sheehan Auctioneers] » 11/11/09 1:00am 11/11/09 1:00am

Soccer, The Mets, Bernie Madoff And You

Madoff Ponzi scheme case scuttles sale of Newcastle United to "two rich Americans." Hmm. They couldn't be referring to a certain couple of Mets owners, could they? [SportsbyBrooks] » 1/14/09 8:45am 1/14/09 8:45am