The Wilpons aren’t gonna be out all that much money

17 Comments

We’ve heard scary numbers regarding the potential liability of the Mets owners in the Madoff mess. The trustee, Irving Picard, was using the B-word at times last year. Recently it was thought that their exposure could be $300 million or more.  A couple of weeks ago they were ordered to pay $83 million as part of the case. And today, of course, they settled for $162 million.

But in reality, it’s a lot less than that leaving their pockets.

For starters, this is because that $162 million settlement actually includes the $83 million that they had already been ordered to pay.  But the biggest thing working in their favor here is that the $162 million is to be paid out of money the Mets owners may recover in a settlement by virtue of them being victims of Madoff themselves. And they may very well recover a significant amount, as others, closer to Madoff, have put billions into a fund for that purpose.

Heyman reports that Wilpon and Katz may be out a mere $37 million net by the time this is all done. And that even then it will be payable over four years. Which is the price of a good starting second baseman.

Theoretically. I mean, it’s not like the Mets have one of those.

Javier Baez, D.J. LeMahieu have disagreement about sign-stealing

Jonathan Daniel/Getty Images
19 Comments

Fellow second basemen Javier Baez of the Cubs and D.J. LeMahieu of the Rockies got into a disagreement in the top of the third inning of Sunday’s game at Coors Field over sign-stealing.

LeMahieu reached on a fielder’s choice ground out, then advanced to second base on Charlie Blackmon‘s single. While Nolan Arenado and Trevor Story were batting, Baez was concerned that LeMahieu was relaying the Cubs’ signs to his teammates. Baez decided to stand in front of LeMahieu to block any information he might have been giving to Arenado and Story. LeMahieu got irritated and the two jawed at each other for a bit. Umpires Vic Carapazza and Greg Gibson had to intervene to tell Baez to knock it off.

There has always been a back-and-forth with alleged sign-stealing. As long as teams aren’t using technology to steal signs, it’s fair game for players to relay information to their teammates about the opposing team’s signs. Last year, MLB determined the Red Sox went against the rules and used technology — an Apple watch in this case — to steal signs from the Yankees. Other teams in the past have been accused of using binoculars from the bullpen to steal signs. In this particular case with Baez and LeMahieu, there was no foul play going on, just Baez trying to make the Rockies cede what he perceived to be their slight competitive advantage.

The Cubs went on to beat the Rockies 9-7 on Sunday.