I missed this in all of the McCourt crap last week — I really do only have so much brain space for legal/financial baseball news — but the case against the Wilpons and Saul Katz was moved from bankruptcy court into regular old court court, which was what Wilpon and Katz had wanted.
And better yet, the judge handling it all, The Hon. Jed Rakoff, said a number of things from the bench suggesting — and it’s only suggesting — that he may view the Wilpons’ duty to inquire into whether Bernie Madoff was running a Ponzi scheme to be far less encompassing than the bankruptcy trustee, Irving Picard, has suggested.
Today there is a profile on the new judge in the New York Times — a maverick of sorts — that may hold even more good news for the Mets:
“I can’t guarantee this, of course, but my tendency is to try to get quick decisions,” he said during a hearing last week in which he evinced, at least for the purposes of the legal argument before him, a fair amount of sympathy toward the team’s owners, Fred Wilpon and Saul Katz … He suggested that in accusing the owners of being “willfully blind” to the possibility that Madoff was a fraud during their many years of investing with him, the trustee might be holding them to an unfair standard.
Quick and favorable? Boy howdy, would that change things for the Mets, wouldn’t it?
Welp, it was probably worth the gamble given that the Angels were paying most of his salary. But the Rangers’ gamble on Josh Hamilton failed and now Josh Hamilton is a free agent. The club has given him unconditional release waivers.
Hamilton underwent surgery to repair lateral and meniscus cartilage in his left knee back in June. During surgery it was discovered that he had an ACL injury as well, which required reconstruction. This whole season was lost and, while Hamilton has one year remaining on his contract, the Rangers are clearly able to compete without him and could use the roster spot over the small chance that he could be an everyday player again.
Hamilton will earn $30 million next season, $26.41 million of which is being paid for by the Angels. Last year in 182 plate appearances with the Rangers, Hamilton hit .253/.291/.441 with eight home runs and 25 RBI. At age 35, it’s not hard to imagine that his major league career is effectively over.
With the continuing caveat that it is really weird and likely as uncomfortable as hell for all of those involved for this to be playing out so publicly, here is the latest news on the Doc Gooden/Daryl Strawberry/possible cocaine relapse story. From the Daily News:
Dwight (Doc) Gooden is insisting publicly that he doesn’t have a drug problem, yet more and more people want to help him — none more significant than the Yankees, who have reached out to say they’ll pay for any treatment he would consider getting.
That’s admirable of the Yankees, as is their refusal to comment on it further (the Daily News got this info from Strawberry). The Yankees, of course, gave both Strawberry and Gooden second chances in the 1990s when their addiction problems threatened their careers.