Sep 28, 2011, 5:00 PM EST
Yesterday the judge in the Bernie Madoff case dismissed all but two counts against Fred Wilpon and Saul Katz, owners of the Mets. Staying in play was the fraud charge which, theoretically, could have had Wilpon and Katz on the hook for $1 billion. This morning, however, the judge issued a second ruling, capping the potential damages at $386 million.
This certainly changes the game for Wilpon, Katz and the Mets, who just had their worst case scenario — and their ceiling in any kind of settlement — dramatically reduced.
Reached for comment during today’s game, Terry Collins suggested that Wilpon and Katz just pull out of the case now and declare victory. Wilpon later had to explain to Collins that that only works for batting titles.
- Report: Red Sox make $95 million offer to Pablo Sandoval 21
- White Sox sign Adam LaRoche to two-year, $25 million deal 28
- Report: Red Sox offer Jon Lester six years, $110-120 million 71
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” 130
- A’s sign Billy Butler to three-year, $30 million contract 84
- Cardinals reportedly joining pursuit of Jon Lester 65
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. 148
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal 157
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal (157)
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. (148)
- Blue Jays sign Russell Martin to five-year, $82 million deal (135)
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” (130)
- Sexual assualt charges reinstated against Tigers pitcher Evan Reed (125)