Blogger at NBC Sport.com's HardballTalk. Recovering litigator. Rake. Scoundrel. Notorious Man-About-Town.
This isn’t quite as risky as that (phony) story about the guy betting his life savings on the Cubs winning the World Series in 2016. But it’s still a gamble, both in objective, statistical terms and in terms of the Cubs and their overall karma and luck and stuff. But you gotta have hope, man. Hope is the best thing. Or at least that’s what an escaped ex-con once said.
This got tweeted out in March, but WGN and other media outlets are just picking it up now. I most appreciate the comma after the indeterminate 201_ year, which assumes they may win more than one.
Tattoo experts: what’s the easiest fix here assuming nothing happens for the Cubbies by 2020?
For years the central fact of life of the New York Mets has been that their owners, the Wilpon family and Saul Katz, lost a ton of money after investing it with friend and business partner Bernard Madoff, perpetrator of the biggest Ponzi scheme in history. It has hampered their payroll and led to huge amounts of borrowing and restructuring that, before last year’s pennant run, seemed like it’d be a millstone on the Mets competitive prospects for years to come.
In addition to losing money, it was later determined that Katz and the Wilpons unfairly gained in some other respects and thus they ended up having their phony earnings clawed back via a settlement with the trustee managing the fallout of the Madoff scandal. The upshot: the Wilpons and Katz, in addition to their losses, were ordered to pay nearly $60 million dollars back, half payable this week, half payable next year. That’s a lot of money for anyone to fork over and this week’s payment loomed large.
Now, however, Adam Rubin of ESPN New York reports that the Wilpons and Katz will get some breathing room. Specifically, they have modified their agreement with the trustee and some of the owed money has been deferred. Instead of some $29 million payable this week, they will only have to pay $16 million. The remainder will be paid in four installments — from 2017 through 2020 — with an interest rate of 3.5 percent on the unpaid balance, Rubin says.
Now, there obviously was no promise that the $13 million saved this week be invested in the baseball team, but it’s probably a good thing overall for the Mets if their owners’ debt payments are reduced a bit.
Last night a fan named Kathi Heintzelman showed up at Progressive Field in Cleveland with a sign asking Indians first baseman Mike Napoli to hit a home run for her and to give her a hug. But there was a reason beyond her love for Mike Napoli. She’s starting chemotherapy today and the hug and homer would be a nice thing. Hard to disagree with that, even if everyone knows that ballplayers can’t hit homers on demand.
Well, most players can’t. Mike Napoli did the easy part before the game, giving her a hug. Then in the sixth inning, he went yard:
Whether you believe that such things can be fated or if you merely acknowledge that Heintzelman asked Napoli for a homer at a good time — he’s on a hot streak right now and has hit bombs in four of his last 11 games — it’s a great story.