The Mets Are Reportedly Planning To Trade R.A. Dickey Because They're…

Another year, another superlative Met apparently departing because of ownership's cheapness. Last year it was Jose Reyes, Flushing's fan favorite, who high-tailed it to Miami after winning the National League batting title. This year, to hear ESPN (and others tell it), it's R.A. Dickey, the reigning Cy Young Award… » 12/14/12 4:45pm 12/14/12 4:45pm

One Of The Mets' New Minority Owners Has Been Accused Of Consumer…

Will the Mets ever be anything but an incorporated facepalm of a team? The latest addition to the team's ever-growing portfolio of pathetic missteps comes courtesy of The New York Times, which points out today that one of the team's new minority owners is allegedly little more than a flowery scam artist. » 12/03/12 12:10pm 12/03/12 12:10pm

The Mets Would Like To Offer You Two Bucks Off Detergent (If A…

Two days ago, the Mets finished a series in a night game that had been rained out the previous Tuesday and rescheduled. Partly because of the rainout and partly because, every fall, fans do with the Mets what the sun does with the earth, there were very few people in attendance to see the Mets get outrageously… » 9/22/12 9:50am 9/22/12 9:50am

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

The Judge In The Mets Owners' Trial Is A Big Yankee Fan

We are a mere 10 days from jury selection in the lawsuit against Fred Wilpon and Saul Katz. This is no longer some distant theoretical; by the end of the month, we will see the owners of the New York Mets forced to prove, in court, why they don't owe $1 billion in Bernie Madoff-invested money to Madoff's victims. Oh,… » 3/08/12 5:50pm 3/08/12 5:50pm

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

Everything You Ever Wanted To Know About How Spectacularly Broke The…

Dan Lewis at Amazin' Avenue makes sense of the Mets' finances so you don't have to. Essentially, they're fucked independent of Bernie Madoff, and everything the team could conceivably sell is mortgaged. Makes you yearn for a couple months ago, when the team was a fuzz less fucked, but still fucked. [READ »] » 12/14/11 2:55pm 12/14/11 2:55pm

David Einhorn Can Control The Mets For A Dollar, And Other Bad Omens…

When we last touched on the terms of the new Mets ownership deal, there was enough information to make fun of the Mets, but a key detail was missing. We knew that David Einhorn had essentially agreed to loan the Wilpons $200 million dollars in exchange for a third of the team until the loan was paid back, a guaranteed… » 6/16/11 4:10pm 6/16/11 4:10pm

Mets' New Owner Will Bankrupt Old Ones With A Creepy Smile On His Face

Mets fans—and, really, anyone looking for an MLB owner that's just the least bit interesting—squealed with joy last week over the team's new partner, David Einhorn. He made some smart bets as the economy was collapsing, finished 18th in the 2006 World Series of Poker, and, most importantly, was never a member of… » 5/31/11 6:00pm 5/31/11 6:00pm

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