Originally written on Mets Merized Online  |  Last updated 3/21/12

26 Oct 1998: Mike Piazza of the New York Mets shakes hands with Mets Owners Fred Wilpon (R) and Nelson Doubleday (L) during a Press Conference in New York City, New York. Mandatory Credit: Jamie Squire /Allsport
I remember when the whole Madoff fiasco started to carpet-bomb its way into the mainstream sports media. Well before it all started to make headlines and evolve into the sports blogs fodder du-jour, mercilessly mocking the team, its owners and even fans, I had a conversation with an old family friend with ties to the organization. During our chat the Madoff situation came up.   Basically he said that the Mets wouldn’t be spending money on free agents anytime soon and that the Madoff situation was partly the reason. Little did I expect that less than two years later the team would go into full out slash and burn mode cutting nearly $50 million in payroll, eliminating 10% of their workforce and eventually eliminating one of its minor league affiliates.   I wrestled with the idea of writing about what I was told. You have to understand my conversation was well before Bernie Madoff and his relationship with the Wilpons became news. I certainly didn’t have an ax to grind with anyone and ...
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Big Ten coaches opposed to 9-game conference schedule

Winners and losers of the 2015 MLB trade deadline

Hill arrested for reckless driving, clocked going 107 mph

Diamondbacks GM: Padres wanted Goldschmidt for Kimbrel

'Rowdy' Roddy Piper dead at 61

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Mets acquire Yoenis Cespedes from Tigers

Sheldon Richardson escapes felony charges for recent arrest

Lawyer who litigated against NFL: Brady plays every game

Cowboys should sign interested RB Steven Jackson

Jameis Winston confirmed as Buccaneers starting QB

Russell Wilson contract increases likelihood of change

Five potential NFL salary cap casualties this preseason

RB signed by Chiefs day after tweeting them highlight video

Evgeni Malkin had real penguins at his birthday party

Pirates do Pirates at deadline: Neat little moves

Jonathan Papelbon thinks he became ‘scapegoat’ for Phillies

Padres don’t sell at trade deadline, reportedly because AJ Preller still believes in team

First photos of Jason Pierre-Paul’s injured hand emerge

Stop kvetching about Notre Dame, please

Rebuttal banner supporting Tom Brady flies over Pats practice

Ranking the NFL’s 32 head coaches

LeSean McCoy cancels party, but it wasn't some 'weird orgy'

Redskins making huge mistake by signing Galette

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!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Five potential NFL salary cap casualties this preseason

Winners and losers of the 2015 MLB trade deadline

Pirates do Pirates at deadline: Neat little moves

Mets acquire Cespedes from Tigers

Ranking the NFL’s 32 head coaches

Five worst baseball trades since 2000

Examining the state of the NFL

Puig: Broke out of slump by playing baseball video games

Braves dump risk, exchange it for risk

David Price traded to Blue Jays

The indefensible Hulk Hogan

Cole Hamels chose Rangers over Astros

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker