fredwilpon Page index.xml - Sports News, Headlines & Highlights
Bernie Madoff, whose Ponzi scheme screwed the Mets for years, dies in prison
Bernie Madoff tried to get clemency from Donald Trump in 2019, and last year asked to be released from prison because of kidney disease. He didn’t get the presidential get-out-of-jail-free card, and didn’t get the compassionate release, but Madoff is now off the hook for the remaining 138 years of h...
Happy Bobby Bonilla Day! The Mets are still paying $1.19M each year to a guy who retired decades ago
July 1 in baseball is Bobby Bonilla Day, when the Mets pay $1,193,248.20 to their former third baseman, who hasn’t set foot on a major league diamond since 2001, as part of a deferred payment plan. It’s a check the Mets have been cutting annually since 2011, and they will send a seven-figure sum to ...
Mets Owner Wishes The Yankees Wouldn't Spend So Much Money
The Yankees are up to their old tricks, putting together a championship-caliber club with a combination of a stocked prospect pool and deep, deep pockets. Thanks to the former, they’re reportedly on the verge of trading for starter Gerritt Cole, and thanks to the latter, Giancarlo Stanton is now in ...
Documents: Mets Owners' Real Estate Fund Was $300 Million In The Hole This Past June
The owners of the New York Mets are no strangers to financial calamity. After losing $550 million in Bernie Madoff’s Ponzi scheme and paying out $80 million to settle a lawsuit claiming they were in on the scheme, Fred and Jeff Wilpon managed to keep their team by taking out loans and slashing payro...
It's Time For The Mets' Garbage Owners To Go
The New York Mets went to the World Series last season and currently boast a young pitching staff that is not only one of the most talented in the game, but also one of the cheapest. And yet for the Mets, perhaps the game’s preeminent struggle-franchise, this is a big problem....
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'...
![Goodbye, Sweet Prince: Reports Say The Mets Have Agreed To Trade R.A. Dickey To The Blue Jays [Update]](https://images.deadspin.com/tr:w-900/188jt92sqrujjjpg.jpg)
Goodbye, Sweet Prince: Reports Say The Mets Have Agreed To Trade R.A. Dickey To The Blue Jays [Update]
As has been rumored, wailed about, argued over, and mourned for a few days—and really, since Dickey became valuable enough to strain the finances of the destitute Mets—R.A Dickey is now, officially, almost definitely headed out of New York....
The Mets Are Reportedly Planning To Trade R.A. Dickey Because They're $6 Million Apart In Contract Negotiations
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...
One Of The Mets' New Minority Owners Has Been Accused Of Consumer Fraud. He'll Fit Right In.
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 a...
The Mets Would Like To Offer You Two Bucks Off Detergent (If A Statistical Oddity Happens)
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 ...
The New York Mets Remain Undefeated
In what has to be the story of the Major League Baseball season, the New York Mets continued their undefeated streak. For the Mets, it surely is a story of redemption in a season in which most prognosticators gave them no chance to compete. Yet here they are, raking their way through the NL East. T...
Mets Fans Should Be Proud Of Not Selling Out Opening Day
If you're not doing anything today, why not head out to Citi Field to catch the Mets' Opening Day game? At last check, there were several thousand decent seats still available. To make it even sweeter, if you go today, you'll get free tickets to another game this weekend....
The Mets' Owners Have Reached A Settlement With The Bernie Madoff Bankruptcy Trustee
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 se...
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 Mad...
Mets Owners Have To Pay Back $83 Million In Phony Madoff Profits, Have To Go To Trial Over $300M More
This is the worst news for the Mets in the last three days, non-valley fever edition:...
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 de...
Everything You Ever Wanted To Know About How Spectacularly Broke The Mets (And Their Owners) Are
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. ...
The Guy Who Wanted To Own The Mets, Like Everyone Else Ever Involved With The Team, Has Quit On The Mets
David Einhorn, the baby-faced assassin who would be extorting the snakebitten Wilpons all the way to the bank, will not be controlling the Mets for a dollar. He will not, in fact, own any part of the Mets....
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....
David Einhorn Can Control The Mets For A Dollar, And Other Bad Omens For The Wilpons
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...