A federal appeals court yesterday gave some bad news to Mets owners Fred Wilpon and Saul Katz: the bankruptcy trustee’s calculation of how much Madoff money they have to return was upheld — and Wilpon and Katz’s much lower calculation denied — meaning that they have to fork over $300 million.
To be clear: this is a separate issue from the “Wilpon and Katz should have known it was a scam” claims that the trustee has been advancing and for which he is seeking some $700 million. That will be taken up Friday in another hearing and, based on some previous indications from the judge, the trustee has an uphill climb in establishing that Wilpon and Katz should be on the hook for that.
But even though this is much smaller in dollars and does not touch on any culpability on the part of the Mets’ owners, it ain’t exactly good news for them either. At least, assuming they don’t have a spare $300 million laying around.
Former Mets pitcher Anthony Young died on Tuesday at the age of 51, the team said. Young was diagnosed with an inoperable brain tumor in February.
Young, 51, pitched parts of six seasons in the majors from 1991-96. He began his big league career with the Mets in 1991 and stayed with the team through ’93. He famously failed to win a game between April 24, 1992 and July 24, 1993. During that span of time, he went 0-27. It was a great example, even back then, of the uselessness of won-lost records. Young posted a respectable 4.17 ERA in ’92 and 3.77 in ’93.
Former pitcher Turk Wendell, who was Young’s teammate with the Cubs in 1994-95, called Young “a true gentleman.”
The Blue Jays announced on Tuesday that the club designated reliever Jason Grilli for assignment as part of a handful of roster moves. Outfielder Dwight Smith was optioned to Triple-A Buffalo, outfielder Ezequiel Carrera was activated from the 10-day disabled list, and pitcher Chris Smith was recalled from Buffalo as well.
Grilli, 40, struggled to a 6.97 ERA with a 23/9 K/BB ratio in 20 2/3 innings of work this season in Toronto. The right-hander similarly struggled in the first half last year with the Braves before being acquired by the Jays but Grilli’s role had diminished and most of the rest of the bullpen has been pulling its weight.
Grilli should draw some interest — perhaps from the Nationals — as his peripheral stats suggest he’s not nearly as bad as his ERA suggests.