MetsBlog (Free subscription) | 10/08/2009
…i think this is important, and i have not seen anyone talk about it… Fred Wilpon’s Sterling Equities didn’t lose money to Bernie Madoff, according to a report in Newsday, instead, “it was able to withdraw about $50 million over what it invested.” In short, the report describes Sterling as being ‘net winners,’ as it pertains to [...]
Mets Today (Free subscription) | 10/07/2009
Much has been said about the lack of Mets history at Citi Field — not only from here, but throughout the Mets blogosphere. Many fans have felt that the park is an homage to Fred Wilpon’s... [[ This is a summary ... visit MetsToday.com for the full story ]]
Amazin' Avenue (Free subscription) | 09/14/2009
Inspired by this post at Gas Lamp Ball ( ed note: "inspired by" is just a nice way of saying "stolen from" ), and with a lot of help from the Internet Anagram Server , I managed to kill quite a bit of time this weekend. I plugged all of the 2009 Mets into the old anagram machine and here are the results. Feel free to try it yourself and post any other good ones in the comments....
Mets Fever (Free subscription) | 09/03/2009
As Mets fans we've all heard the debate over whether the Wilpon's are financially struggling. Fred Wilpon and Dave Howard have both refuted reports that the Madoff scandal has lost the family/team a tremendous amount of money. Meanwhile, it's been speculated, reported and even published in a book that the Wilpon's are so strapped they may have to sell the team... What do I believe; I believe actions...
Baseball Crank (Free subscription) | 09/01/2009
The Lord sat upon His throne, watching - of course - the World Series. Satan came into His presence. And the Lord spoke. "See My faithful servant, Fred Wilpon? I have allowed you to test him as you said. In 2005, his team fell short of the postseason. In 2006, you took his ace pitcher, sent his heavily favored team into the NLCS with a shoestring pitching rotation, and even after they got agonizingly...
MetsBlog (Free subscription) | 09/01/2009
Last week, in a report for MarketWatch, author Erin Arvedlund was quoted as saying Fred Wilpon will be forced to sell the Mets as soon as 2010, due to roughly $700 million of Bernie Madoff-related investment losses. However, Friedman quotes a team spokesperson as saying, “The numbers speculated continue to be inaccurate… The team is not for sale in any [...]
Mets Fever (Free subscription) | 08/31/2009
Actions speak louder then words and while Fred Wilpon continues to profess his financial stability the Mets financial decisions contradict those statements. Whether it was not acquiring a left fielder, second starter or deeper bench in the off-season, to not making trades early on before the injuries were insurmountable, to allowing injured players to continue rehabbing or playing for ticket sales...
Mets Fever (Free subscription) | 08/29/2009
I said on Tuesday, when the Mets traded Billy Wagner for all his contract instead of better prospects and then admitted to allowing Johan Santana to pitch the second half despite warning signs, that money was dictating their moves. Yesterday, Matt at Metsblog reported that Erin Arvedlund has a new book out indicating that the Wilpon's maybe forced to sell in 2010 due to the Madoff loses. When asked...
Ballbug (Free subscription) | 08/29/2009
Richard Sandomir / New York Times : Wilpon Addresses Doubts Over Madoff Losses and Mets — Fred Wilpon, the Mets' principal owner, tried Friday to temper concerns that he and his team had been scarred financially by the losses caused by a vast Ponzi scheme run by his former friend Bernard L. Madoff. He said he had no intention of selling the team.
The Mets Report (Free subscription) | 08/29/2009
The big news over the last couple of days is the bombshell that Fred Wilpon lost so much money in the Bernie Madoff scandal that he’ll be forced to sell the team. The story originated from author Erin Arvedlund, who’s writing a book about the Ponzi scheme called “Too Good To Be True”. In an [...]
MetsBlog (Free subscription) | 08/29/2009
In a must read article in Saturday’s New York Times, Richard Sandomir reports that the Wilpon family is doing fine financially, and that the $700 million that he had reportedly lost in the Bernard Madoff Ponzi Scheme, according to owner Fred Wilpon, is “wildly inaccurate”. According to Sandomir, Wilpon says that he has no intention to [...]
Ballbug (Free subscription) | 08/28/2009
Jon Friedman / FOXBusiness.com : Madoff Author Sees Sale Of N.Y. Mets Coming — NEW YORK — Fred Wilpon, the owner of the New York Mets, will be forced to sell the baseball franchise as soon as 2010 after incurring heavy Bernie Madoff-related investment losses. — So says Erin Arvedlund, author of “Too Good to Be True …
MetsBlog (Free subscription) | 08/28/2009
Erin Arvedlund is writing a new book, Too Good to Be True, which details the evil deeds of the disgraced New York hedge-fund manager Bernie Madoff. According to Arvedlund, Fred Wilpon will be forced to sell the Mets as soon as 2010, due to roughly $700 million in Madoff-related investment losses. “It’s a matter of when. It could be [...]
MetsBlog (Free subscription) | 08/27/2009
In the New York Times, Ben Shpigel writes about the future of Mets GM Omar Minaya, noting: “Fred Wilpon and his son, Jeff, were furious that Minaya embarrassed the organization… But they are still supporting Minaya after a second straight late-season collapse.” By the way, Jerry Crasnick of ESPN.com believes Jerry Manuel is likely to return as [...]
Mets Fever (Free subscription) | 08/24/2009
Sorry to those I confused with the title, but Hamlet's soliloquy seemed so fitting for the events that transpired yesterday. On a day in which Fred Wilpon gave guarantees and ringing endorsements to Omar Minaya and Jerry Manuel, Jeff Wilpon was on a tour of the beleaguered minor leagues with Omar's possible replacement John Ricco. Just as people have debated what Hamlet meant by his comments, many...
Videos