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Mets Owner Fred Wilpon Talks Madoff Betrayal

NEW YORK (WCBS 880) – In his most expansive comments on the subject, the Mets owner talks about being ripped off by Ponzi schemer Bernard Madoff.

LISTEN: WCBS 880’s Peter Haskell reports

It’s been nearly two years since Madoff’s scheme unravelled and Fred Wilpon still sounds stunned.

“That was a total betrayal of us. We were investors for something like 25 years,” Wilpon told WCBS 880 reporter Peter Haskell.

Wilpon also said, “You don’t like to lose money that is just stolen from you, but the betrayal is something I’ll never ever forget. I’ll go to my grave in that one.”

While the loss hurts, Wilpon insists he is not broke.

Now, despite what some fans might say, there is no indication he’s scrimping.

Wilpon says, “We’ve set a budget. We’ve always gone over the budget.”

The Mets had the fifth highest payroll in baseball this year at $136-million.

More from Peter Haskell

One Comment

  1. Vic from Brooklyn says:

    yui, stop you’re lying, we all know you don’t work at Citi Field, show us your credentials. I say that because the Mets payroll is close to $140 mil a year, also where have you been the last 24 yrs? Mets haven’t won since 1986 and you say the Mets NOW are going to implement a way to assure a World Series win, Get lost you BUM!!!!!.

  2. yui says:

    Many fans are idiots. You guys talk about how to spend money like its free. Do people really think that most owners in baseball don’t want to win?

    Most of the time the players teams get everyone is on the same page and then when it doesn’t work out people like you cry like babies and scream betrayal and hurt!

    How about you try owning a team and lets see how you spend 125 million dollars. some of you fans make me sick already.

    i’m an employee at Citi Field and sick and tired of fans complaining like ownership doesn’t care. mr. wilpon wants to win as bad as the Steinbrenner family does and i assure you it will take two more years and you will see great things. the ideas coming in are already being implemented.

  3. Gail says:

    Wilpon talks about betrayal and how the loss hurts. Now he know how we Mets fans feel….HURT AND BETRAYED!!!!

Comments are closed.

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