SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi scheme

500 Madoff victims want Irving Picard to resign

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I missed this yesterday (Wilpon PR people! Where was my head’s up email?!), but the Daily News reports that 500 of Bernie Madoff’s victims wants Irving Picard — the guy who is supposed to be suing to recover money to benefit these victims — to be replaced as trustee.

The reason? According to the lawyer representing these victims, Picard has been dishonest and has withheld information.  The filing specifically cites a settlement Picard reached with a Madoff co-conspirator. I’ve not seen the filing and the Daily News is less than 100% clear about what the victims are alleging, but you would expect to see a filing like this if victims felt that the trustee did not use his best efforts in landing the settlement or did not get enough money out of it.  You would not expect victims to argue that, say, the trustee has overreached and landed too great a recovery.

Yet, despite this, the Daily News then pivots to multiple comments from politicians — most notably Congressmen Peter King and Gene Ackerman — who accuse Picard of being overzealous in going after the Wilpons and the Mets. It seems to me, however, that such claims are not similar to the claims of victims who think that Picard was not zealous enough in recouping their losses. Which is it?

But there is a common thread: dishonesty. The victims claim that Picard withheld information that would have helped them. The Wilpons and their surrogates claimed in their recent motion to dismiss that Picard withheld information that would have harmed his case.  Despite the differences between the victims’ and the Wilpons’ positions, that’s a claim that is worth watching and with which the court will now occupy itself.

One additional note: over at Amazin’ Avenue, Matthew Callan asks why this didn’t get picked up by more people yesterday:

This morning, most of the Mets news centers around Times story that claims the Mets have suffered significant financial losses in the last few years–as much as $50 million in 2010 alone. A big story, definitely, one I’ve heard and seen discussed in multiple media. But the Picard-must-resign story remains curiously unexplored by anyone outside the News.

This gives weight to my conspiracy theory (put forward earlier this week) that the harsh treatment the Wilpons have received from the press in re: Madoff has little to do with justice or financial malfeasance and more to do with raking them over the coals for the team’s performance. Because otherwise, a call for Picard’s resignation would have to be big news. Even if you think the News is totally in the tank for the Wilpons, it’s a story that at least deserves investigation and comment, if only to dismiss it. Doesn’t it? Or am I the only nut who thinks so?

I’ll grant that there is a lot of Mets schadenfreude going on with this story and that — hey — when the story isn’t about something dreadful happening to the Wilpons, some people turn their receptors off.  I’d submit, however, that there is a less conspiratorial reason for this: the Picard-must-go story is only tangentially-related to the Mets.

Rather, it’s about a dispute between Picard and his clients related to a deal that has nothing to do with the Wilpons or the Mets, the grandstanding and irrelevant quotes of Peter King notwithstanding.  While I noted above that there is at least one link — Picard’s alleged disingenuousness — it’s a tenuous link based more on overarching case themes, not the hard news of the day. As a lawyer I find this stuff interesting and relevant, but you can’t look at this story and say, in simple terms, that it affects the Mets in a direct, reportable way. Not yet anyway.

Anyway, that’s my theory.  If the Mets are front-and-center, it gets coverage. If not, it’s simply not a sexy story outside the business and/or legal press.

Bronson Arroyo is throwing side-arm now

Washington Nationals pitcher Bronson Arroyo catches a pop fly during a drill at a spring training baseball workout, Saturday, Feb. 20, 2016, in Viera, Fla. (AP Photo/John Raoux)
AP Photo/John Raoux
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Nationals pitcher Bronson Arroyo has partial tears of tendons in his rotator cuff in his right shoulder. Considering he’s 39 years old, no one would fault him if he decided to call it quits. But he has one more idea, MASN’s Mark Zuckerman reports: Arroyo is going to throw side-arm, or at least three-quarters.

“It hurts when he gets on top [of the baseball],” manager Dusty Baker said. He continued, “So we’re taking our time. And if not, if nothing else, he’s a good guy to have in your organization.”

Arroyo missed the latter half of the 2014 season and the entire 2015 season after undergoing Tommy John surgery. Prior to that, he was known as a workhorse, racking up at least 199 innings in each of nine seasons between 2005-13.

Robbie Erlin needs Tommy John surgery

San Diego Padres' Robbie Erlin pitches during the first inning of a baseball game against the Philadelphia Phillies, Tuesday, April 12, 2016, in Philadelphia. (AP Photo/Matt Slocum)
AP Photo/Matt Slocum
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Padres pitcher Robbie Erlin has a partial tear of his ulnar collateral ligament and he’ll need Tommy John surgery as a result, Dennis Lin of the San Diego Union-Times reports. Erlin landed on the disabled list on April 21. Now he’ll miss the rest of the season and likely the beginning of the 2017 season as well.

Erlin, 25, posted a 4.02 ERA with a 13/3 K/BB ratio in 15 2/3 innings spanning two starts and one relief appearance to begin the 2016 season.

Cesar Vargas moved into the rotation in Erlin’s absence and has pitched well thus far in two starts, yielding only one earned run with a 9/6 K/BB ratio over 10 1/3 innings.

The Reds’ bullpen set an ignominious record

CINCINNATI, OHIO - APRIL 08: Caleb Cotham #54 of the Cincinnati Reds pitches in the sixth inning of the game against the Pittsburgh Pirates at Great American Ball Park on April 8, 2016 in Cincinnati, Ohio. (Photo by Joe Robbins/Getty Images)
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Reds reliever Caleb Cotham allowed a pair of runs in the top of the eighth inning of Tuesday’s game against the Giants, setting a rather ignominious club record. It marks the 21st consecutive game in which the Reds’ bullpen has allowed a run, setting a new major league record, as C. Trent Rosecrans of the Cincinnati Enquirer points out.

Entering Tuesday’s action, the Reds’ bullpen had been by far the worst in the majors with a 6.54 ERA. The Padres’ bullpen, second-worst, is comparatively much better at 5.27.

The last time the Reds’ bullpen had a clean night was April 10 against the Pirates. That afternoon, Dan Straily, Jumbo Diaz, and Ross Ohlendorf combined for five scoreless innings in a 2-1 victory.

Aroldis Chapman will rejoin the Yankees on Monday

New York Yankees relief pitcher Aroldis Chapman goes into his windup against the Toronto Blue Jays during the fifth inning of a spring training baseball game Thursday, March 10, 2016, in Tampa, Fla. (AP Photo/Chris O'Meara)
AP Photo/Chris O'Meara
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Yankees reliever Aroldis Chapman was suspended 30 games by Major League Baseball under its domestic violence policy for an offseason incident in which he allegedly pushed and choked his girlfriend, then discharged a firearm at least eight times in his garage. Monday marks game number 30, and Chapman is set to rejoin the club then, MLB.com’s Bryan Hoch reports. Manager Joe Girardi plans to insert Chapman directly into the closer’s role if a save situation arises against the Royals on Monday.

Chapman will make two appearances in the Gulf Coast League this week to continue warming up. He had been throwing in extended spring training games at the Yankees’ complex in Tampa.

The Yankees acquired Chapman from the Reds at the end of December, sending Caleb Cotham, Rookie Davis, Eric Jagielo, and Tony Renda to Cincinnati in return. While the back end of the bullpen hasn’t been an issue for the Yankees, seemingly everything else has for the 8-15, last place club.