berniemadoff - Sports News, Headlines & Highlights



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...

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...

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....

Mets' New Owner Is Poker Whiz, Dave Kingman Impersonator, Ball-Busting Wall Street Turk
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 he...

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....

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...

Don Mattingly Will Stop At Nothing To Find A World Series Ring
Your morning roundup for Feb. 16, a day after a guy from Texas retired from riding bicycles while wearing tights. Again....

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....

This Is <em>Exactly</em> 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]...

Time Running Out To Bid On Bernie Madoff's Mets Tickets
Bernie Madoff's Opening Day Mets tickets are now on sale. Don't worry; nine innings with the San Diego Padres will only seem like a prison sentence....

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]...