There’s a further update from a New York courtroom in the Bernie Madoff trustee trial. Why is this here at Baseball Nation? Because it involves the owners of the New York Mets. Richard Sandomir:
N.Y. Times: Mets Ordered To Pay Madoff Trustee $83 Million
Jed S. Rakoff, a district court judge, not only rejected a bid by the team’s owners to have the remaining claims of a lawsuit filed by the trustee for the victims of Bernard L. Madoff’s fraud dismissed, but he also decided that the trustee was entitled to collect up to $83 million in fictitious profits from the men. He said the exact amount would be determined in a “subsequent order.“The article goes on to say that if the case were to go to trial, Mets owners Fred Wilpon and Saul Katz “could” be liable for up to $300 million in damages. This cannot be good news for the already financially-troubled franchise, so let us leave it to FanGraphs’ Eno Sarris to lend some humor:
Ooh goody nothing says baseball like rare diseases and financial trials. #gomets
— Eno Sarris (@enosarris) March 5, 2012
He’s referring not only to this issue, but also to the revelation over the weekend that Mets first baseman Ike Davis probably has Valley Fever.
If it wasn’t for bad luck, etc.
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