After months of claiming that Bernard Madoff’s Ponzi scheme, which affected the Wilpon’s and their Sterling Equities, didn’t affect the Mets and their operations, new information is coming to light.
It is being reported in today's NY Daily News that ‘documents reveal that 13 accounts with direct ties to the Mets show up on a list of Madoff client victims filed in Manhattan bankruptcy court.’
The News also goes on to say, “The Mets' accounts include one called Mets II LLC; six accounts for Sterling Mets Limited Partnership, listed as "care of" Mets Vice President Leonard Labita, and six accounts for Sterling Doubleday, the company that used to own the Mets.
There's also an account for the Brooklyn Baseball Co. and one for Coney Island Baseball, business entities that own the Mets' Brooklyn minor-league baseball team.”
The Wilpon’s understandably will not reveal how much money they lost, but it makes you wonder is this why they have dismissed the courting of one Manny Ramirez. Now I’m not, nor ever have been in favor of signing Ramirez, but how ‘frugal’ they were in the signings of both K-Rod and O.P., it makes you wonder.
It is being reported in today's NY Daily News that ‘documents reveal that 13 accounts with direct ties to the Mets show up on a list of Madoff client victims filed in Manhattan bankruptcy court.’
The News also goes on to say, “The Mets' accounts include one called Mets II LLC; six accounts for Sterling Mets Limited Partnership, listed as "care of" Mets Vice President Leonard Labita, and six accounts for Sterling Doubleday, the company that used to own the Mets.
There's also an account for the Brooklyn Baseball Co. and one for Coney Island Baseball, business entities that own the Mets' Brooklyn minor-league baseball team.”
The Wilpon’s understandably will not reveal how much money they lost, but it makes you wonder is this why they have dismissed the courting of one Manny Ramirez. Now I’m not, nor ever have been in favor of signing Ramirez, but how ‘frugal’ they were in the signings of both K-Rod and O.P., it makes you wonder.
2 comments:
I do not think the Mets had ever any intention to sign Manny. The Mets all along have said that they were keeping there payroll in par with last year.
more than anything else, I think it impacts their (apparent) un-willingness to (publically) part ways with Citibank and their 100 jillion dollars for rental of the signs over the new Gil Hodges Stadium.
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