New York Mets owner Fred Wilpon told Sports Illustrated the team is "bleeding cash" and could lose $70 million this season. Per ESPN...

"Wilpon also said that he fears he could lose the Mets if the trustee for victims of Bernard Madoff's Ponzi scheme wins a $1 billion lawsuit against the team and the owner's other interests. Wilpon said he is willing to settle based on the $295 million in fictitious profits he earned, but will not settle based on $700 million in principle he and partners invested with Madoff."

Filed Under: MLB


Popular Stories

Website Ranks The SEC’s Football Coaching Jobs

Check out where LSU landed on the list.
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.