Mets settle Madoff case for ... how much?

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Mets settle Madoff case for ... how much?

From Comcast SportsNet
NEW YORK (AP) -- The owners of the New York Mets baseball team and a trustee for Bernard Madoff's fraud victims settled Monday for 162 million in a case aimed at repairing the damage from a massive investment scheme. The Mets owners will not pay anything for three years. Jury selection had been set to begin in a civil trial to determine how much the team owners will owe other investors who trusted their money to Madoff, who cheated thousands of investors of roughly 20 billion over at least two decades Trustee Irving Picard had argued the team owners knew that Madoff's corrupt investment scheme was a fraud but continued their investments anyway because they were making a lot of money. Lawyers for the owners insist their clients had no idea the investments were a sham. Both Fred Wilpon and Saul Katz, principal Mets owners, were in court Monday at the defense table. Judge Jed Rakoff said Picard had reviewed the evidence and will no longer pursue a claim of "willful blindness" against the defendants. The judge already had ruled the team's owners must pay up to 83.3 million in profits they received from Madoff. But another ruling blocked Picard from trying to collect the full 1 billion he sought to recoup. He has filed hundreds of lawsuits to force those who profited from their investment to pay into a fund for Madoff's victims. The case has damaged the Mets' financial picture, forcing the team to slash payroll and try to raise tens of millions of dollars by selling small chunks of the team. Dodgers Hall of Fame pitcher Sandy Koufax had been scheduled to testify in the trial about Wilpon's intentions. Koufax invested in Madoff's private investment business at Wilpon's recommendation.

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AP

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White Sox willing to overlook 'rough' patches as healthy Carlos Rodon returns

White Sox willing to overlook 'rough' patches as healthy Carlos Rodon returns

The two fastballs that soared to the backstop on Wednesday night should give you a strong indication that Carlos Rodon was far from perfect.

But in making his first start of the 2017 season, the White Sox pitcher also offered his team plenty of signals that his health isn’t going to be an issue.

Rodon returned to the mound for the first time since last September and brought the goods that made him one of baseball’s top pitching prospects several years ago. Given he’d missed three months with bursitis in the left shoulder and the potential value he offers to a franchise only half a season into its first rebuild in 20 years, that was plenty for the White Sox to overlook the rust Rodon showed in a 12-3 White Sox loss to the New York Yankees at Guaranteed Rate Field.

“He started a little rough early obviously, got some high pitch counts,” manager Rick Renteria said. “And then he kind of settled down.

“Having him back in the rotation and getting him back out there on the big league field, coming out of there feeling good, healthy. I'm sure he will continue to get better as he continues to get out there and move forward.”

Renteria said he wasn’t surprised that Rodon struggled with his command as much as he did against the Yankees. The issues the pitcher displayed in uncorking a pair of wild pitches, walking six batters and throwing strikes on only 41 of 94 pitches were also present during Rodon’s four rehab starts in the minors.

But as long as the stuff was there, the White Sox would be OK with any issues that accompanied the performance. Rodon began to alleviate those concerns immediately when he earned a called strike on the game’s first pitch with a 93-mph fastball to Brett Gardner. Featuring a four-seamer with an absurd amount of movement and a nasty slider he struggled to control, Rodon checked all the boxes the White Sox hoped for from a pitcher they believe will be a frontline starter for years to come. Rodon also was pleased by how he felt before, during and after the contest.

“I was pretty excited,” Rodon said. “I was going a little fast in the first. But it was good to be out there. Next time out, it’ll hopefully be a little better. Arm feels good, body feels good, all you can ask for.”

Well, it’s not ALL you can ask for, but it’s pretty damn good out of the gate given how slow Rodon’s return took. His four-seam fastball averaged 94.9 mph according to BrooksBaseball.Net and touched 97 mph. His two-seamer averaged 94.4 mph and touched 95. And his slider, though he couldn’t control it, nor locate it for a strike, averaged 86 mph.

“You could see (Omar Narvaez) going over to try to catch some balls that were having tremendous run,” Renteria said. “That's (Rodon). He's got some tremendous life, he's just trying to harness it the best that he can and being able to execute where he wants to get as many strikes as possible.”

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The strikes were about the only thing Rodon didn’t bring with him. He walked Gardner to start the game and issued two more free passes after a Tim Anderson error allowed a run to score and extended the first inning. Rodon threw 37 pitches in the first, only 15 for strikes.

He also reached a full count to each of the batters he faced in the second inning. Rodon walked two more with two outs in the third inning after he’d retired six batters in a row.

And there were those pesky first-inning wild pitches that resembled something out of ‘Bull Durham.’

But all in all, Rodon and the White Sox ultimately saw enough in the first outing to be pleased.

“Great stuff, great life, but the goal is to put it in the zone and let them swing it to get guys out early,” Rodon said. “That’s not what happened. I’ll get back to that.”

“It’s a tough loss, but it’s better to be with the guys out on the field grinding than sitting on the couch and watching, for sure.”