A federal appeals court yesterday gave some bad news to Mets owners Fred Wilpon and Saul Katz: the bankruptcy trustee’s calculation of how much Madoff money they have to return was upheld — and Wilpon and Katz’s much lower calculation denied — meaning that they have to fork over $300 million.
To be clear: this is a separate issue from the “Wilpon and Katz should have known it was a scam” claims that the trustee has been advancing and for which he is seeking some $700 million. That will be taken up Friday in another hearing and, based on some previous indications from the judge, the trustee has an uphill climb in establishing that Wilpon and Katz should be on the hook for that.
But even though this is much smaller in dollars and does not touch on any culpability on the part of the Mets’ owners, it ain’t exactly good news for them either. At least, assuming they don’t have a spare $300 million laying around.
The Nationals recalled 19-year-old outfield prospect Juan Soto from Double-A Harrisburg on Sunday, per a team announcement. Soto is poised to become the youngest player in the league once he makes his official debut with the club, and the Nationals’ first teenager to enter the majors since Bryce Harper made his first appearance back in 2012.
Entering the 2018 season, Soto was ranked no. 2 in the Nationals’ system and 15th overall. He’s certainly lived up to the hype during his first two years of pro ball, blazing through Single-A, High-A and Double-A levels in 2018 alone. While he logged just eight games at the Double-A level prior to his promotion to the majors, he proved consistent across all three levels this spring and slashed a cumulative .362/.462/.757 with 14 home runs and a 1.218 OPS in 182 plate appearances.
It’s not entirely clear how soon or in what capacity the Nationals will utilize their youngest player, but Soto’s tear through the minors is sure to pave the road for a few opportunities on the big-league level. He’ll be available off the bench for Sunday’s series finale against the Dodgers.