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.

Highlights: Revs earn 2-1 win over Sounders

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Highlights: Revs earn 2-1 win over Sounders

Highlights from Gillette Stadium as the New England Revolution went down early but came back to get the 2-1 victory over Seattle.

Warriors force Game 7 with 108-101 win over Thunder

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Warriors force Game 7 with 108-101 win over Thunder

OKLAHOMA CITY -- Klay Thompson made a playoff-record 11 3-pointers and scored 41 points, and the defending champion Golden State Warriors forced a seventh game in the Western Conference finals with a 108-101 victory over the Oklahoma City Thunder on Saturday night.

Stephen Curry bounced back from a slow start to finish with 29 points, 10 rebounds and nine assists.

The Warriors, who set the league's regular-season record with 73 wins, will host Game 7 on Monday. The winner will play Cleveland in the NBA Finals.

Oklahoma City dominated Games 3 and 4 at home, but the Warriors made 21 of 44 3-pointers on Saturday, while Oklahoma City was 3 of 23.

Kevin Durant scored 29 points and Russell Westbrook added 28 for the Thunder. But Durant made just 10 of 31 shots and Westbrook was 10 of 27.

Trying to become the 10th team to overcome a 3-1 deficit, the Warriors trailed much of the game and trailed by eight going to the fourth quarter.

Thompson kept them in it with four 3-pointers in just over seven minutes to start the period. Curry then hit two 3s, the second of which tied the game at 99 with 2:47 to play.

Thompson's 3 with 1:35 to play put the Warriors up 104-101.

The Thunder, who blew a number of fourth-quarter leads during the regular season, fell apart in the final minutes after Golden State had finally gone ahead for good.

Westbrook lost control of the ball, and after Thompson missed a 3, Westbrook turned the ball over again. Curry's layup with 14.3 seconds to play put the Warriors up by five, the Thunder turned it over again, and the Warriors were in the clear.

The Thunder led 23-20 after one quarter, then seized momentum early in the second. Steven Adams' powerful one-handed dunk on Draymond Green drew a roar from the crowd and gave Oklahoma City a 37-28 lead. Green, who had hit Adams in the groin area twice during the series, was a constant target for the vocal Thunder fans.

Thompson opened the second half with back-to-back 3-pointers to give the Warriors a 54-53 edge, but the Thunder closed the quarter strong and led 83-75 heading into the fourth.

McAdam: Red Sox relievers didn’t do the job vs. Toronto

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McAdam: Red Sox relievers didn’t do the job vs. Toronto

Sean McAdam joins SNC to discuss the Red Sox bullpen giving up a 4-run lead in the late innings of their loss to the Blue Jays.

Watch the video above.