Tag Archives: wilpons

Mets Owners Settle with Irving Picard

Hooray! It’s over! And the Mets won’t have to pay a billion dollars! Only $162M, or, about a million per game. Which means there’s a good chance the Wilpons can pull themselves out of their financial abyss and keep the … Continue reading

Posted in 11-12 Offseason | Tagged , , , | 24 Comments

Picard Down To His Final Out in the Bottom of the Ninth

NOTE: this was written by MetsToday loyal reader and legal consultant Robert Tandy, Esq. It is an overview of what is happening with the Irving Picard case vs. Sterling Equities. Mr. Tandy will keep us posted on developments in the … Continue reading

Posted in 11-12 Offseason | Tagged , , , , | 20 Comments

Wilpons Get Life Preserver

According to an official press release, the Mets have selected David Einhorn as their new minority partner. Per the release:

Posted in Latest Mets News | Tagged , | 17 Comments

More Money Sought By Picard

It’s been almost three weeks since we mentioned Bernie Madoff here — that’s a 2011 record! But in case you missed it, you ought to be aware that Irving Picard has amended his lawsuit against Sterling Equities, Fred Wilpon, and … Continue reading

Posted in 2011 Spring Training | Tagged , , | 4 Comments

Mets Borrowed 25 Million from MLB

Honestly, I thought we could go a week without another off-field bombshell … but unfortunately, the latest news that the New York Mets borrowed money from the MLB coffers as recently as December cannot be ignored. Major League Baseball provided … Continue reading

Posted in 2011 Spring Training | Tagged , , | 7 Comments

Reactions To News That Mets Are For Sale

Amazin’ Avenue says the Mets / Wilpons “haven’t been totally forthright with the ticket-buying public” BarStoolSports – NYC wonders if his prayers have been answered MadoffMemoranda finds it hard to believe that Fred Wilpon and Saul Katz never found anything … Continue reading

Posted in 10-11 Offseason, Around the Blogs | Tagged , | 1 Comment

Mets For Sale

So much for the conspiracy “theory” — as it turns out, the Madoff scandal did and does affect the Wilpons and the New York Mets in particular, despite countless denials to the contrary. From last week’s press release: As Sterling … Continue reading

Posted in 10-11 Offseason | Tagged , | 4 Comments

Mets To Lower Ticket Prices

In a letter to season-ticket holders, the Wilpons wrote: “Everyone at the Mets – our Ownership, GM Omar Minaya, Manager Jerry Manuel, the coaches, players, front office and staff – shares your disappointment with the 2009 season. You soon will … Continue reading

Posted in Latest Mets News | Tagged , | 2 Comments