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Closing Bell

Madoff Trustee Picard Seeks More Than $300M From Mets Owners

The trustee for victims in the Bernie Madoff-led Ponzi scheme is seeking to recover more than $300M in losses from Mets Owners Fred Wilpon, Jeff Wilpon, Saul Katz and their firm Sterling Equities, according to court documents unsealed Friday in N.Y. In the extensive, 365-page clawback lawsuit, trustee Irving Picard is seeking $295.47M in what he claims as "fictitious profits," $14.2M in "transfers of principal," and $12M in "fraudulent transfers of payments." Settlement talks between the Mets owners and their lawyers and Picard broke down this week after an angry back-and-forth volley in various media outlets between the two camps.

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SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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