Judge: New York Mets Owners Owe Up To $83M To Madoff Trustee

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By LARRY NEUMEISTER
Associated Press

NEW YORK (AP) -- A judge ruled Monday that the New York Mets' owners owe up to $83 million to the trustee recovering money for Bernard Madoff investors, though he expressed doubt that the trustee will succeed in proving at a trial this month that he's entitled to as much as $300 million more.

U.S. District Judge Jed S. Rakoff issued his four-page ruling to narrow the subject of a March 19 trial in Manhattan that results from Trustee Irving Picard's effort to force the club's owners to pay as much as $1 billion into a fund established to repay thousands of investors cheated of billions of dollars during Madoff's decadeslong fraud. CONTINUE....

Mets Owner: Sale of Mets Shares Approved / New York Mets 'Very Optimistic' About 2013 All-Star Game

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Mets Owner: Sale of Mets Shares Approved

By Anthony DiComo / MLB.com

PORT ST. LUCIE, Fla. -- Mets principal owner Fred Wilpon said on Tuesday that Major League Baseball has approved the sale of seven shares of the team, which are in escrow, and that three more could soon be on the way. Wilpon also revealed that his family has purchased two additional shares, potentially giving the Mets as much as a $240 million infusion of cash.

"[Fans] shouldn't be concerned about us owning the franchise," Wilpon said, "because we intend to own the franchise for a very long time." FULL POST....

New York Mets 'Very Optimistic' About 2013 All-Star Game

By Anthony DiComo / MLB.com

PORT ST. LUCIE, Fla. -- The Mets are still "very optimistic" about hosting the 2013 All-Star Game at Citi Field, principal owner Fred Wilpon said Monday, though an announcement does not appear imminent.

Wilpon indicated that the team's outstanding $25 million emergency loan from Major League Baseball will not affect its ability to host the game.

"The loan has nothing to do with it," Wilpon said. "I think the holdup on the All-Star Game is conditions have changed for New York City and their finances, and what they can do and their negotiations. We're not part of those negotiations." CONTINUE....

Hall Of Fame Catcher Gary Carter Dies At 57

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By Anthony DiComo / MLB.com

NEW YORK -- Hall of Fame catcher Gary Carter died Thursday following a lengthy battle with brain cancer. He was 57.

Best known for his role on the 1986 World Series champion Mets and for his 10-year run with the Expos that preceded it, Carter had been battling cancer since doctors discovered inoperable tumors on his brain in May 2011, diagnosing him with grade 4 glioblastoma. His condition took a turn for the worse when an MRI exam revealed new tumors in January.

Carter passed at 4:10 p.m. ET, according to an entry on his family's online journal. CONTINUE....

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