Palladino: Mets' Casino Proposal Was Bad Idea From BeginningThey thought the fallout from Madoff was bad? What if a rostered lunkhead got caught in their gaming hall?
Mets Owners Proposed Casino In 'Initial Concept' For Willets PointBaseball and blackjack? The owners of the Mets were all in on a 2011 proposal for a casino next to Citi Field, only to be rejected by the Bloomberg administration, according to the New York Post.
Report: Mets Owners Refinance $450 Million In Loans, Gain Some Financial ReliefAccording to the New York Post, owners Fred Wilpon and Saul Katz have refinanced $450 million in loans that were borrowed against SportsNet New York, the cable network which airs the vast majority of Mets game throughout the season.
Report: 1-800-Flowers Founder Jim McCann Buys $20M Stake In MetsTalk about a rosy outlook. McCann has "struck a $20 million deal" to become part-owner of the Mets, according to the New York Post.
With Madoff Mess In Rearview Mirror, Mets Now Await Challenge On The FieldNow that their financial future is sorted, the New York Mets can turn most of their attention back to the ballclub on the field. Good thing, too, because an awful lot of work lies ahead.
Mets Owners, Madoff Trustee Settle Case For $162 MillionA last-minute deal ended a lawsuit that could have cost ownership control of the Mets. It was a $162 million settlement over claims the owners wrongly profited from the Bernie Madoff Ponzi scheme.
Kallas: Big Win For Wilpon/Katz GroupThe Wilpon/Katz group claimed a big victory in court today when they reached an overwhelmingly positive settlement. Steve Kallas explains it all...
Sandy Koufax On Bernard Madoff - Mets Trial Witness ListHall of Fame pitcher Sandy Koufax is among witnesses scheduled to testify at a trial next week to determine if the New York Mets' owners must give up millions of dollars they received from jailed financier Bernard Madoff.
Judge Won't Dismiss Mets-Madoff Suit; Team Owes Up To $83MThe Mets struck out in court Monday. A federal judge has ordered the team to pay up to $83 million to the trustee recovering money for Bernard Madoff investors.
Judge To Decide On Mets-Madoff Trial By March 5Arguing on the trustee's behalf, attorney David Sheehan scoffed at attempts to portray the Mets owners as "unsophisticated run-of-the-mill guys."
Mets Secure 7 Of 10 Minority Shares At $20M EachThe Mets are closing in on a much-needed cash infusion. The team has commitments for seven of 10 minority ownership shares at $20 million apiece.