Mar 14, 2012, 6:23 PM EST
Jim Forkin of CNBC reports the judge in the upcoming Madoff/Wilpon/Mets trial ruled this afternoon that it is the defendants — meaning the Mets owners — who have the burden of proof. Not the bankruptcy trustee.
This is a pretty big deal. I haven’t seen the exact ruling, but it would seem that rather than forcing trustee Irving Picard to prove that the Mets owners were willfully blind to Madoff’s scheme while investing with him, it is now on the Mets owners to prove that they didn’t know that it was a scam or, that they behaved prudently at all turns or something along those lines.
The exact bogey they have to meet is key here. Depending on how it’s phrased, it could put the Mets owners in a prove-a-negative situation, or something close to it.
No matter what it is, however, it’s way easier to play defense than offense in these things, and thus the case just got that much tougher for Fred Wilpon, Saul Katz and the Mets.
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- 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 303
- 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 (303)
- 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)