Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo

News

All News | Prime News

Old-School Newsstand


Contributors

Jim Furtado
Founder & Publisher
Repoz
Editor - Baseball Primer

Syndicate

Wtf Newsbeat

Sunday, January 18, 2015

Mets Merized Online: Fred Wilpon Named Chairman of MLB Finance Committee

...

Bill Madden of the Daily News reports there was a lot more happening at last week’s owners meeting in Arizona than just a farewell party for Bud Selig.

New head honcho Rob Manfred announced a complete overhaul of major league baseball’s hierarchy and among the new restructuring he named Mets owner Fred Wilpon the new chairman and head of the MLB Finance Committee… Wilpon, who allegedly lost about $700 million in the largest Ponzi scheme in American History – the second time he was embroiled in a massive Ponzi scheme – was nearly forced to sell the team three years ago and is still on uncertain financial footing.

What makes Manfred’s decision so bizarre is that Fred Wilpon admits to not being the sharpest tool in the shed when it comes to financing, and in fact, Wilpon’s entire defense case in the trial brought on by trustee Irving Picard was based on his ignorance of how the convicted Bernie Madoff oversaw his investments as well as his role in team finances…

In addition to the millions lost in the Madoff affair, the Wilpons are currently buried waist deep in nearly three quarters of a billion dollars in debt between the team and the SNY Network which broadcasts the team’s games. A huge portion of that debt – a reported $600 million – is actually due in June of this year.

The MLB Players Association has recently opened an investigation looking into financial inconsistencies regarding offseason workouts being held at the team’s complex in Port St. Lucie…

It just goes to show that the old adage is true — It’s not what you know, but who you know. Sadly, in his first official act as commissioner, Manfred looks to continue years of Selig cronyism under the guise of the best interest of the game.

The District Attorney Posted: January 18, 2015 at 07:10 PM | 33 comment(s)
  Beats: business, fred wilpon, mets, wtf

Friday, November 07, 2014

Carmen Sucart says A-Rod “is the devil” and that he peed on their floor to send a message

An “evil” Alex Rodriguez urinated on the floor of his cousin’s home to send a message and mark his territory, Yuri Sucart’s wife told the Daily News Thursday in an explosive interview.

Carmen Sucart, whose husband, Yuri Sucart, is A-Rod’s estranged cousin and alleged steroid mule, blasted Rodriguez for accusing her deathly ill husband of trying to extort the troubled Yankee superstar.

Good cripple hitter Posted: November 07, 2014 at 03:35 PM | 78 comment(s)
  Beats: alex rodriguez, demonic urination, wtf

 

 

BBTF Partner

Support BBTF

donate

Thanks to
Adam M
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogPitchfork: Jack White Gets His Own Baseball Card
(134 - 9:25am, Jan 27)
Last: Rickey! trades in sheep and threats

NewsblogWhite 'invigorated' by move to Padres' front office | padres.com
(1 - 9:22am, Jan 27)
Last: Skloot Insurance

NewsblogOT - Politics January 2015 - Mario Cuomo, New York Governor and Minor League Ballplayer, Dies at 82
(3695 - 9:19am, Jan 27)
Last: zonk

NewsblogBeloved "Monbo" Dies at Age 78
(7 - 9:09am, Jan 27)
Last: Jose Is The Most Absurd Thing on the Site

NewsblogOT: Soccer January 2015
(305 - 8:59am, Jan 27)
Last: Sean Forman

NewsblogTHT: Baseball’s craziest game?
(47 - 8:59am, Jan 27)
Last: zonk

NewsblogIN PURSUIT OF PENNANTS #15 — Walt Jocketty
(18 - 8:51am, Jan 27)
Last: TDF, situational idiot

NewsblogAn Audience With the ‘Sports Pope’ at FrancesaCon
(28 - 8:43am, Jan 27)
Last: A Fatty Cow That Need Two Seats

NewsblogPrimer Dugout (and link of the day) 1-27-2015
(1 - 8:23am, Jan 27)
Last: Dan Lee is some pumkins

NewsblogOT - College Football Bowl Spectacular (December 2014 - January 2015)
(895 - 8:10am, Jan 27)
Last: Fernigal McGunnigle has become a merry hat

NewsblogBring Back Selig - New Commissioner Manfred is a Moron - Halos Heaven
(282 - 5:27am, Jan 27)
Last: The Id of SugarBear Blanks

NewsblogOT: Monthly NBA Thread - January 2015
(1480 - 1:51am, Jan 27)
Last: CFBF Is A Golden Spider Duck

NewsblogOT: NFL/NHL thread
(11647 - 1:41am, Jan 27)
Last: Monty

NewsblogNew MLB commissioner Rob Manfred's top five priorities - ESPN
(33 - 1:34am, Jan 27)
Last: PreservedFish

NewsblogBeyond the Box Score's rankings of the best players for 2015: 45-11 - Beyond the Box Score
(11 - 1:31am, Jan 27)
Last: cardsfanboy

Page rendered in 1.1403 seconds
52 querie(s) executed