Report: Ruling close on $1 billion lawsuit against the Wilpons and Saul Katz

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According to Adam Rubin of ESPN New York, U.S. District Court Judge Jed S. Rakoff is expected to issue a ruling as soon as Monday on whether to toss all or part of a $1 billion lawsuit against the owners of the Mets.

Trustee Irving Picard is suing the Wilpons and Saul Katz in an attempt to capture funds for victims of Bernie Madoff’s Ponzi scheme. He seeks $300 million in “fictitious profits” and an additional $700 million in principal from the Wilpon family, alleging that they turned a blind eye to the fraudulent activity.

While Rakoff’s ruling is important, it won’t be the final word on the situation. One potential scenario is that he could throw out the $700 million lawsuit, leaving the rest to be decided at a trial set to begin on March 5, 2012. Rakoff’s ruling could ultimately lead the two sides to have more serious talks about a settlement.

Aaron Judge set a new postseason strikeout record

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For a few days, it looked like Aaron Judge was finally hitting his stride in the postseason. He was still striking out at a regular clip, piling more and more strikeouts atop the 16 he racked up in the Division Series, but he was mashing, too. He engineered a three-run homer during Game 3 of the Championship Series, followed by another blast and game-tying double in Game 4. His one-out double helped pad a five-run lead in Game 5, while his 425-footer off of Brad Peacock barely made a dent during a 7-1 loss in Game 6. And then Lance McCullers‘ curveball found and fooled him, as it did five of the 14 batters it met in Game 7:

The strikeout was Judge’s first of the evening and 27th since the start of the playoffs. No other major league batter has racked up that many strikeouts in a single postseason, though Alfonso Soriano’s 26-strikeout record in 2003 comes the closest. Within that record, Judge also collected three golden sombreros (four strikeouts in a single game), narrowly avoiding the dreaded platinum sombrero (five strikeouts in a single game).

It’s an unfortunate footnote to a spectacular year for the rookie outfielder, who decimated the competition with 52 home runs and 8.2 fWAR during the regular season and was a pivotal part of the Yankees’ playoff run. Thankfully, the image of McCullers’ curveball darting just under Judge’s bat won’t be the image that sticks with us for years to come. Instead, it’ll look something like this: