ponzi-schemes - Sports News, Headlines & Highlights



Mets Ask For $50 Million More In Loans, Tell Mom They're Doing Fine, Just Need Some Money To Join A Gym
On Friday, we learned that the Mets had received $25 million in funding from Bud Selig's secret piggybank, on top of $75 million they'd already borrowed from Major League Baseball. Surely this meant the Wilpon family would finally have to explore selling the team. Or at the very least turn themselve...

Mets Owners Max Out MLB's Credit Line, Start Putting Stuff On Their Mom's Neiman Marcus Card
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, B...

The Mets Are Just One Giant I.O.U.
Things cannot get much worse for the Wilpons. On Friday, a judge unsealed the complaint against the Mets owners filed on behalf of victims of Bernard L. Madoff's giant Ponzi scheme. Turns out the Mets really need a couple bucks, but they'll pay you right back, swear to God....

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....

Mets Excel At Ponzi Schemes, Nothing Else
So what if the New York Mets have finished fourth in the NL East in back-to-back seasons? So what if Oliver Perez and Luis Castillo are due a combined $19 million this year? The Mets are baseball's best at timing Ponzi schemes....
