Originally written on Online Sports Guys  |  Last updated 10/29/14
((HT: MyFoxNY))The owners of the New York Mets and the trustee trying to recover as much money as they can for victims of Bernie Madoff's Ponzi scheme settled Monday for $162 million.The Mets owners will not pay anything for three years- considering they're not the most cash-rich at the moment...Irving Picard, the court-appointed trustee chasing after the cash, sued the Mets owners, Fred Wilpon and Saul Katz, and anyone he could think of for more than $300 million- so, they end up with a little more than half that number...The Mets owners, who invested with Madoff for more than 20 years, have said they had no idea about his business dealings and they feel just as played as everyone else.Here's the latest... or the earliest...Mets, Madoff trustee reach settlement: MyFoxNY.com
PLAYERS: Fred Wilpon
TEAMS: New York Mets
MORE FROM YARDBARKER

Texas A&M Aggies bench Kenny Hill for freshman Kyle Allen

Josh Smith's reaction to Faried's criticism: 'He's a clown'

Magic, Mia Hamm among owners of new MLS franchise

Michael Vick broke teammate’s finger with bullet pass

Wes Welker: 'I feel like the weak link' in Broncos' loaded offense

Greg Hardy will not play this season after trial postponement

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Chip Kelly on not weighing in on injuries: ‘I’m not Dr. Miyagi’

Saints vs Panthers: preview and prediction

Kevin Youkilis retires after 10 seasons in MLB

Ricky Williams says he retired due to poor quarterback play

Judge rejects request to move Aaron Hernandez murder trial

Jason Garrett optimistic that Tony Romo can play Sunday

WATCH: Russell Westbrook gets into it with heckling fan

PHOTO: The best sports-themed Halloween costume this year

WATCH: Jameis Winston forces fumble after throwing INT

Bruce Pearl dressed up as fellow Auburn coach Gus Mazhahn

WATCH: Jimmy Graham head-butts bench

Seahawks host football team from H.S. shocked by shooting

WATCH: Cavs intro in LeBron James’ first game back was wild

Did latest World Series win establish Giants as a dynasty?

Cavaliers give fans instructions on how to do 'Chalk Toss'

Explaining the Penguins loyalty to Marc-Andre Fleury

WATCH: Man obliterates house after Cowboys MNF loss

WATCH: Entire history of Nike in just under three minutes

Mets News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Welker feels like 'weak link' in offense

Cavs intro for LeBron was wild

Greg Hardy won't play this season

Michael Jordan rips Obama's golf game

Torii Hunter in radio ad opposing gay marriage

Curt Schilling praises Bumgarner

GALLERY: Best of sports pumpkins

Top storyline for each Week 9 game

Williams' response to criticism

WATCH: Chevy guy totally bombs

Bumgarner pitches Giants to title

Report: Cubs to hire Maddon as manager

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.