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Fred Wilpon Downplays Madoff Losses, Says He Will Not Sell Mets
Published August 31, 2009
|Wilpon Says Madoff Losses
Well Below Reported $700M
MINOR LEAGUES, MAJOR PROBLEMS? Former Mets GM Jim Duquette Sunday on his Sirius XM Radio show claimed that the team has "canceled its fall instructional league for minor-leaguers in an apparent cost-cutting move." Duquette: "Now the rumors within the scouting circles are that they can't afford -- which, it roughly costs about $300,000 to staff and to invite and fly down all the players, to having meals throughout for about -- it's like a four-to-five week program." However, the Mets issued a statement in response to Duquette's comments, saying, "The club made the decision to move our fall instructional league to our new Dominican academy in Boca Chica from Port St. Lucie. We believe that by housing our minor-league players in the Dominican, we will have more opportunities to have competition against opposing teams that have training facilities nearby" (NJ.com, 8/30).