The speculation surrounding today’s announcement that the Wilpons are looking to sell a stake in the Mets has included chatter about just how hard the government is going after them as a result of the Bernie Madoff mess. The short version: the lawsuit filed against the Wilpons is to “claw back” money that Madoff gave to the Wilpons that, in reality, had been taken from investors farther down the pyramid. And no, it doesn’t matter if the Wilpons knew it was stolen money (which they apparently did not).
Against that backdrop came this tweet from Bart Hubbuch of the New York Post:
One of my sources from #Mets beat told me gov’t seeking $1B(!) clawback from Wilpon/Katz. No way they can keep the team if that’s true.
Hubbuch’s numbers are corroborated by Ken Belson of the New York Times, who has considerably more background here.
Even if these numbers are not accurate, however, the key point is clear: the Wilpons’ current financial situation is going to be directly impacted by how much the government is seeking in its clawback lawsuit. If it’s anything close to figure Hubbuch is reporting, they will have to sell way more than a minority share in the Mets. Indeed, they’ll likely have to sell the whole team.
*Note: In an earlier version of this post I had referred to Hubbuch as “an NFL writer.” Which he currently is. I was unaware, however, that was previously on the Mets beat. I’m told that he has been following the Madoff/Wilpon story closely and that his previous tweets about the situation have been accurate. Apologies to Hubbuch for my dubiousness.
The Nationals lost a heartbreaker on Tuesday night, as the Indians overcame a two-run deficit in the bottom of the ninth inning to beat the Nationals 7-6. Closer Jonathan Papelbon faced five batters but was unable to record an out, yielding a leadoff walk, a double, a bunt that ended up very successful due to a Ryan Zimmerman throwing error, an intentional walk, and a single. Oliver Perez came in and eventually allowed one of his inherited runners to score, saddling Papelbon with the loss.
Papelbon also served up four runs in the outing before Tuesday’s, on Saturday against the Padres. The two clubs entered the top of the ninth tied 6-6, but a walk followed by three two-out singles and a bases-clearing double off of Papelbon allowed the Padres to take a 10-6 lead.
On the season, Papelbon is 19-for-22 in save chances with a 4.18 ERA and a 30/12 K/BB ratio in 32 1/3 innings. If the season were to end today, the right-hander’s 21.4 percent strikeout rate would be the lowest mark of his career and his 8.6 percent walk rate would be his highest mark since 2010.
Manager Dusty Baker didn’t indicate that he’s going to make a change at closer, but he sounded dissatisfied with Papelbon’s performance thus far. Via Mark Zuckerberg of MASN, Baker said, “He doesn’t have his command, which is evident when you walk the leadoff hitter. But it’s like, what do you say? How does he look? Right now he doesn’t look like Pap. He doesn’t look very good. Usually he doesn’t walk people like that.”
The non-waiver trade deadline is on Monday, August 1. The Nationals, at 58-42, still have a four-game lead over the Marlins and a 4.5-game lead over the Mets. Tuesday’s loss has motivated the club to attempt to upgrade the bullpen, Jon Morosi reports. The Nationals were in the mix for Aroldis Chapman before the Yankees sent him to the Cubs. Perhaps Andrew Miller could be next on the Nats’ wish list.
The Blue Jays announced on Tuesday night that the club traded reliever Drew Storen and some cash to the Mariners in exchange for reliever Joaquin Benoit.
Storen, 28, was designated for assignment by the Jays on Sunday after posting a 6.21 ERA with a 32/10 K/BB ratio in 33 1/3 innings. The Jays acquired him during the offseason from the Nationals in exchange for Ben Revere and a player to be named later.
Benoit, 38, struggled as well, putting up a 5.18 ERA with a 28/15 K/BB ratio in 24 1/3 innings with the Mariners.