Fred Wilpon News
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Hall of Fame pitcher Sandy Koufax has rejoined the Los Angeles Dodgers as a special adviser, a role in which he’ll attend spring training to work with pitchers and consult with the team throughout the season.
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New York Mets owner Fred Wilpon said several people are interested in buying a minority stake in the franchise, being offered because of a lawsuit tied to the Ponzi scheme run by Bernard L. Madoff .
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The trustee liquidating Bernard L. Madoff Investment Securities LLC filed a mass appeal asking the U.S. Court of Appeals in Manhattan to revive about $10 billion in lawsuits against 635 customers that have been or will be dismissed by U.S. District Judge Jed Rakoff.
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Hall of Fame pitcher Sandy Koufax and former Manhattan District Attorney Robert Morgenthau will be called as witnesses in a trial of whether the owners of the New York Mets can keep $303 million they withdrew from Bernard Madoff’s Ponzi scheme.
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The trustee in the Bernard Madoff bankruptcy is seeking more than $295 million from the owners of the New York Mets, claiming they ignored warnings of the fraud because they were “in too deep” financially.
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Major League Soccer is taking its plan to build a 25,000-seat home for a new team in New York City to the politicians in Queens who will decide the project’s fate.
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The New York Mets owners are about to try to convince a jury they have the right to keep $303 million they withdrew from Bernard Madoff’s Ponzi scheme.
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New York Mets owner Fred Wilpon says the $1 billion lawsuit filed by Irving Picard on behalf of people who lost money in the Bernard Madoff scandal may cost him ownership of the team, Sports Illustrated reported.
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Bank of America Corp., JPMorgan Chase & Co. and three other banks agreed to pay $25 million to New York to resolve some monetary claims over the use of a mortgage database after reaching a $25 billion national settlement over foreclosure practices.
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New York Mets owner Fred Wilpon said the team overpaid for outfielder Carlos Beltran and called third baseman David Wright “a very good player. Not a superstar,” according to an article in the New Yorker magazine.
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