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Author: Mets Owners Will Eventually Sell Team to Cover Madoff Losses

The Mets are in baseball's biggest market, own a cable sports network and play in a spanking new stadium. But other than a backloaded three-year, $37 million deal with Francisco Rodriguez, the Mets have hardly spent any money over the past 10 months.

I -- and even people within the organization -- have long suspected the Wilpon family that owns the Mets lost more money than they have let on to convicted Ponzi-scheming con man Bernie Madoff. That would explain the cutting corners, such as not taking a full contingent to the winter meetings, the lack of depth that helped cost them their season and the unwillingness to take on contracts midseason to try to patch together a better club.

Madoff Client List Includes Sandy Koufax

Sandy Koufax, three time Cy Young winner and Dodgers great, is on a distinguished list of clients that Bernie Madoff conned out of millions with his Ponzi scheme, according to documents that were made public in a U.S. Bankruptcy court yesterday.

Koufax was a friend of former Mets owner Mike Wilpon, and as a result ran in the same circles as the man who allegedly pulled off "the biggest financial fraud in history."

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