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

Leave a comment

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.

Yasiel Puig’s one-game suspension has been rescinded

Jason Miller/Getty Images
3 Comments

MLB.com’s Ken Gurnick reports that Dodgers outfielder Yasiel Puig‘s one-game suspension has been rescinded. Instead, he will make a charitable donation. The alternative “punishment” was agreed to by Major League Baseball and the Players’ Association.

Puig was suspended one game two weeks ago after flipping off some hecklers at Progressive Field in Cleveland. Puig showed remorse after the game, saying, “I stooped to their level.”

Entering Tuesday night’s action, Puig was batting .251/.331/.458 with 14 home runs and 41 RBI in 287 plate appearances.

Video: Adrian Beltre hits his 450th career home run

Frank Jansky/Icon Sportswire via Getty Images
Leave a comment

Rangers third baseman Adrian Beltre picked a good time to hit his 450th home run. With the game tied 1-1 in the top of the ninth inning, Beltre took the first pitch he saw from closer Cody Allen for a ride, sending it into the left field seats at Progressive Field to break the tie.

The Rangers would go on to win 2-1. Beltre finished 2-for-4. He now has 2,969 career hits, leaving him 31 shy of becoming the 31st member of the 3,000 hit club.

On the season, Beltre is hitting .303/.373/.562 with five home run sand 22 RBI in 102 plate appearances.