Bernie Madoff
Madoff and the Mets: New York Mets are Being Bailed Out by Baseball
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25 Feb 2011
Posted by Frank Klose The Mets' money problems from the Bernie Madoff ponzi schedule scandal are well-documented. But according to The New York Times, the Mets have resorted to borrowing cash from Major League Baseball: This bodes well for the Phillies in the short-term, but the long-term could be another story. Recently, the Mets were […]
Mets’ Final Bernie Madoff Payout: $162 Million; Mediocrity Assured
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19 Mar 2012
Posted by Frank Klose Courtesy @hip_hip_jorge Well, the news is somewhat good for the Mets. Figured to be liable to replay some of the profits from Bernie Madoff's ponzi scheme, some reports had the Mets owing as much as $1 billion, or perhaps as little as $80 million. The end result: $162 million over […]