Fred Wilpon and Saul Katz are happy

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The Mets owners released statements late this morning regarding their settlement of the Madoff lawsuits. First, Saul Katz:

“We’re pretty pleased to have this behind us. As we’ve said all along, the fact is we have done everything in good faith. The settlement itself bears that out—that we’ve acted in good faith. I want to thank all my friends who backed us during this period of time, and our lawyers from Davis Polk who were incredibly supportive and critically helpful during this incredibly difficult time, and now we’re moving forward, which is the most important thing. We can now refocus our lives on taking care of our families, our business, and our community involvement. So I thank you very much.”

Then Fred Wilpon:

“I am very pleased for ourselves and our families to get the litigation behind us. I want to thank everybody, because this really was a team effort. Our partners were fantastic— our families were behind us and our friends. Mario Cuomo did a great job—he never gave up. As we’ve said from the very beginning when this lawsuit started, we are not willfully blind, we never were, we acted in good faith, and we’re very pleased that this settlement bears that out. That’s very important to us. Now I guess I can smile—maybe I can take a day off, but I can’t wait to get back to our businesses which I love. The first order of business and the first priority will be getting down to Florida tomorrow, getting to the spring training camp, and trying to bring the New York Mets back to the prominence that our fans deserve and the City of New York deserves.”

I was wondering if one of them was going to mention the Mets and their fans. Glad to see Fred got there at the end.

Pete Rose dismisses his defamation lawsuit against John Dowd

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Last year Pete Rose field a defamation lawsuit against attorney John Dowd after Dowd gave a radio interview in which he said that Rose had sexual relations with underage girls that amounted to “statutory rape, every time.” Today Rose dismissed the suit.

In a statement issued by Rose’s lawyer and Dowd’s lawyer, the parties say they agreed “based on mutual consideration, to the dismissal with prejudice of Mr. Rose’s lawsuit against Mr. Dowd.” They say they can’t comment further.

Dowd, of course, is the man who conducted the investigation into Rose’s gambling which resulted in the Hit King being placed on baseball’s permanently ineligible list back in 1989. The two have sparred through the media sporadically over the years, with Rose disputing Dowd’s findings despite agreeing to his ban back in 1989. Rose has changed his story about his gambling many times, usually when he had an opportunity to either make money off of it, like when he wrote his autobiography, or when he sought, unsuccessfully, to be reinstated to baseball. Dowd has stood by his report ever since it was released.

In the wake of Dowd’s radio comments in 2015, a woman came forward to say that she and Rose had a sexual relationship when she was under the age of 16, seemingly confirming Dowd’s assertion and forming the basis for a strong defense of Rose’s claims (truth is a total defense to a defamation claim). They seem now, however, to have buried the hatchet. Or at least buried the litigation.

That leaves Dowd more free time to defend his latest client, President Trump. And Rose more time to do whatever it is Pete Rose does with his time.