BREAKING: The Mets owners have settled with the bankruptcy trustee for $162 million

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UPDATE: Richard Sandomir reports that the settlement is for $162 million.

This is still a hefty chunk of change, but it is less than the liability they faced. And, more importantly, it brings certainty to what has been an uncertain liability hanging over the team’s head for a couple of years now.

9:27 AM: The trial involving the Mets owners and the bankruptcy trustee in the Bernie Madoff mess was to begin this morning.  Minutes ago, however, it was announced that the parties have reached a settlement.

This was not expected. And at the moment we have no details.  We’ll update as soon as we learn some.

Instant reaction, though: My guess is the Wilpons and Saul Katz don’t settle unless it allows them enough financial comfort to keep control of their most treasured asset, the New York Mets.

Video: Ramon Torres hits little league home run in first at-bat of season

Jayne Kamin-Oncea/Getty Images
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The Royals recalled infielder Ramon Torres from Triple-A Omaha on Saturday. He didn’t get into a game until starting Thursday night’s game against the Rangers, batting ninth.

In the top of the second inning, facing Austin Bibens-Dirkx, Torres laced a single up the middle. Center fielder Delino DeShields charged in on it, attempting to keep Ryan Goins at second base, but the ball went right past his glove, through his legs, and nearly trickled all the way to the warning track. Goins scored easily and Torres was waved home, too. He managed to narrowly beat the throw, touching home plate with his left hand on a head-first slide.

The play was officially scored a single and a three-base error. Torres wasn’t credited with an RBI on the play. But at least the Royals got two runs out of it.