Nov 4, 2011, 2:29 PM EST
The big one — the case brought by the bankruptcy trustee for the Bernie Madoff debacle — is still going on, but the Mets are now poised to settle a bit of business.
It’s a lawsuit brought by employees of Sterling Equities — the company run by Fred Wilpon and Saul Katz — accusing the Mets owners of breaching the fiduciary duties by mishandling investments with Madoff, putting employee 401K money with him and that sort of thing.
Terms of the settlement weren’t disclosed, but it’s not like you or I care about that so much. The key here is that, one-by-one, Wilpon and Katz are getting this stuff put to bed. I would guess that they’ll get the big case brought by Irving Picard put to bed soon too. And they’ll have some minority investors in place, at least if you believe them when they say how much interest there is in all of that.
After that, baseball will be the primary order of the day in Queens.
(thanks to Martin S. for the heads up)
- Blue Jays sign Dayan Viciedo to a minor league deal 6
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 295
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 51
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (299)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties (106)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)