In bull and bear markets, Madoff returned about ten per cent a year to Wilpon.
In the months ahead, Fred Wilpon must exhibit great resolve in the midst of adversity.
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Wilpon was making a circuit to visit players and coaches before a mid-April night game.
Wilpon and his partners earned steady returns with Madoff for more than two decades.
The trustee asserts that in the case against Wilpon his legal burden is modest.
Give Checketts credit for apparently accepting reality a lot faster than Wilpon and Katz.
Wilpon had shaken hands with the other players, but he gave Beato a hug.
At one point, I mentioned to Wilpon the theory that the Mets might be cursed.
The question is whether he can prove whether Wilpon truly saw any red flags.
"I think we would anticipate being big investors where appropriate, " owner Fred Wilpon said.
Wilpon turned him down and Bartoszek eventually became an investor in the New York Yankees.
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Specifically, he was demanding that the Wilpon group pay damages of approximately a billion dollars.
Katz and Wilpon both said outside the courthouse that they were "very pleased" with the settlement.
Late Monday, lawyers for Mr. Wilpon said extending the seal could improve chances of a settlement.
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"I think we have to get the fans back at the stadium, " Wilpon said.
But in a 20-minute session with reporters here at spring training Wednesday, Wilpon sold optimism.
Wilpon on Wednesday didn't deny the reason for the Mets' thriftiness in recent years.
Most important, Sterling Stamos gave Wilpon and Katz a way to diversify their liquid assets.
Wednesday afternoon, Mets chief operating officer Jeff Wilpon released a statement in support of Piazza.
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Notwithstanding his obvious partisanship, Wilpon displays a deep and unsentimental knowledge of the game.
If they happened to be wearing the same suit, Wilpon would ask Katz to change his.
In the years since high school, Jeff Wilpon and Mark Madoff had remained close friends.
Unlike many rich men, Wilpon is an asker of questions as much as a dispenser of opinions.
As we spoke, Wilpon was walking through the rotunda of the new stadium, which opened in 2009.
Wilpon told reporters he was looking to explore selling a 20% to 25% stake in the team.
Wilpon was so well regarded that he was invited to pitch batting practice to the major leaguers.
Wilpon and Madoff rarely talked about business, even though a great deal of money passed between them.
Selig whiffed on the huge debts that Wilpon piled up on the team, stadium and cable channel.
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The University of Michigan had a good team, and offered Wilpon a partial scholarship, which he accepted.
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