go to MSN.com
Originally written on The Other Paper  |  Last updated 10/20/14

From The Other Paper:

The New York Mets owners are still reeling from the $162 million in losses they suffered in the Bernie Madoff scandal and, according to The New York Post, are betting that a casino built next to Citi Field would generate enough cash to recoup some of their money from the Ponzi-scheme mess.

Fred Wilpon (pictured above) and Saul Katz — who have been pretty stingy with signing ballplayers over the past few years — want to build a Las Vegas-style casino on a plot of land next to the stadium and even offered the City of New York $100 million for stretch of land.

That's more than the Mets' $93 million entire payroll this season.

Live-dealer casino gambling is currently illegal in the state of New York, except on tribal lands, but that won't stop Wilpon and his company, Sterling Equities, from throwing the dice on a proposal that aims at building a huge casino with gaming tables and slots, a 500-room, full-service hotel with 1.8 million square feet of retail with a lot of other amenities to the Queens site.

The Southampton-based Shinnecock Indian Nation signed on to operate the casino, according to the  development team's proposal, which was first obtained by project opponents Willets Point United and NYC Park Advocates, reports The Post.

"This will be a place about fun — for families, sports fans and thrill seekers alike," read the proposal.

"It will attract millions of visitors from the New York area and around the world."

Fun and visitors — two things that have been in short supply at Citi Field in recent years.

Wilpon has a long way to go before anyone gets to double-down or punch a slot button on the city-owned patch of junkyard land — even if the idea has Mayor Bloomberg's blessing.

Although Sterling Equities wouldn't directly build or operate the casino, you can bet Major League Baseball — with its tough anti-gambling policies — will be keeping a keen eye on the project.

A MLB spokesman said that they would "need to get all the details of the agreement" and it would ultimately be Commissioner Bud Selig's call.

Selig and Wilpon are longtime friends.

I wonder how the Shinnecock operators will feel when the Atlanta Braves come to town.

More from The Other Paper:
2 Comments:
MORE FROM YARDBARKER

Alleged details of War Machine's suicide letter released

Austin Davis says Rams security didn't recognize him

LeBron: Bulls are 'much better' than Cavs right now

Redskins to stick with Colt McCoy over Kirk Cousins

Rick Pitino: Louisville will beat FSU in football

Report: Rams considered favorites to move to LA

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Kobe to Julius Randle: You’re an idiot if you (expletive) this up

Slava Voynov arrested on D.V. charge, suspended indefinitely

Report: Ray Rice could be reinstated within next month

Earl Thomas: Refs need to stay out of it and let us dominate

Browns lament ‘unacceptable’ loss to winless Jaguars

Peyton Manning sets NFL touchdown passing record

10 NBA players who could be traded by the All-Star break

WATCH: Jimbo Fisher gets annoyed, cuts interview short

WATCH: Les Miles has classic reaction to dumb question

WATCH: Tennessee coach tried to trip Ole Miss player?

News station congratulates Gary Payton for breaking TD record

Did Sidney Crosby troll Flyers fans with Halloween costume?

Why Dan Mullen is not leaving Mississippi State

12 amazing stats from Week 7

World Series preview: Will Giants or Royals win it all?

NFL tweets graphic of recipients of Manning's 509 TD passes

Hockey fights of the week

10 takeaways from NFL Week 7

MLB 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!

RUMORS & GOSSIP

Alleged details of War Machine's suicide letter released

Former MMA fighter War Machine attempted suicide last week in a Las Vegas jail. Now the details of what was meant to be his final words have been released. In the letter, War Machine claims he still loves Christy Mack, his ex-girlfriend that he beat within an inch of her life, but also blames her for his current circumstance. He then tries to justify the beating, by saying he was...
Via Jocks and Stiletto Jill
4 hours ago

Austin Davis says Rams security didn't recognize him

With injuries to Sam Bradford and Shaun Hill, St. Louis Rams quarterback Austin Davis took over week one as the team’s starting quarterback. Since becoming the Rams’ starter, Davis has led the Rams to a 2-3 record and a win over the Super Bowl Champion Seahawks. Still, despite beating last year’s best team, Davis is not a very recognizable player. In fact, while talking to...
Via Down and Distance
54 minutes ago

LeBron: Bulls are 'much better' than Cavs right now

Frank Victores-USA TODAY Sports LeBron James says Chicago Bulls are better than his Cleveland Cavaliers. “[The Bulls] are a team that’s much better than us right now just off chemistry,” James said. “They’ve been together for a while, we’ve got a long way to go.” For the first time this preseason, James, Kevin Love and Kyrie Irving will start together on Monday...
Via Sports-Glory
2 hours ago

Redskins to stick with Colt McCoy over Kirk Cousins

TweetThe short-lived Kirk Cousins era in Washington has come to a screeching halt. Per Washington head coach Jay Gruden via ProFootballTalk, third-string quarterback Colt McCoy will start for the Redskins in Week 8 and will be the starter until Robert Griffin III returns from his ankle injury. It’s a sudden not surprising turn of events for Cousins, who some were lauding as a potential...
Via Los That Sports Blog
2 hours ago

Rick Pitino: Louisville will beat FSU in football

Louisville men’s basketball head coach Rick Pitino is extremely confident in the Cardinals this year – the ones who play on the football field. Pitino, speaking at his tip-off luncheon Monday afternoon, told fans that he “truly” believes that Louisville is going to defeat No. 2 Florida State – the reigning national champions – next Thursday. He said he’s been waiting...
Via College Spun
5 hours ago

Report: Rams considered favorites to move to LA

Reading between the lines here, it sure does look like Southern California will have another NFL team to root for in the not-so-distant future. On the heels of this report indicating that the NFL expects a team to be in Los Angeles within the next 12-to-24 months, comes this dandy from Mike Florio over at Pro Football Talk.  Of the three teams viewed as the most likely to move...
Via Sportsnaut
4 hours ago

Kobe to Julius Randle: You’re an idiot if you (expletive) this up

Los Angeles Lakers rookie Julius Randle had one of his better games of the preseason on Sunday night against the Utah Jazz. The 19-year old scored eight points, grabbed five rebounds and blocked two shots. There will likely be some growing pains for Randle throughout the season, but Kobe Bryant has not been afraid to...Read More
Via Larry Brown Sports
7 hours ago

Slava Voynov arrested on D.V. charge, suspended indefinitely

Los Angeles Kings defenseman Slava Voynov was arrested Monday morning on domestic violence charges and has been suspended indefinitely from all club activities pending a formal investigation by the National Hockey League. The suspension was imposed under Section 18-A.5 of the Collective Bargaining Agreement: “The League may suspend the Player pending the League’s formal review...
Via Sports-Glory
7 hours ago

Report: Ray Rice could be reinstated within next month

Jason La Canfora reports that suspended RB Ray Rice could be reinstated within the next four weeks. Rice’s appeal hearing date has already been set and La Canfora mentions that a final decision expected to come soon after. This means that the situation could be resolved by mid-November and, according to La Canfora, it’s conceivable that Rice could sign with another team...
Via NFL Trade Rumors
1 day ago

Earl Thomas: Refs need to stay out of it and let us dominate

Seattle Seahawks safety Earl Thomas wasn’t afriad to question the officiating following his team’s 28-26 loss to the St. Louis Rams on Sunday. Despite the fact that Seattle fell down 21-3 due to horrendous play early on, it was able to pull to within two points before a controversial ruling in St. Louis’ favor on a Tre Mason fumble enabled the Rams to kneel down in victory...
Via Sportsnaut
13 hours ago
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.