Judge: Mets Could Owe $386M At Most In Madoff Suit
The Mets could be forced to pay up to $386 million to resolve claims by Irving Picard -- nowhere near the $1 billion he was originally asking for.
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The Mets could be forced to pay up to $386 million to resolve claims by Irving Picard -- nowhere near the $1 billion he was originally asking for.
Any way you look at it, the 18-page decision filed yesterday by United States District Judge Jed Rakoff in the Mets/Madoff case has to be viewed as a win, even a vindication of sorts, for Mets owners Fred Wilpon and Saul Katz.
Jose Reyes is in position to become the first player in Mets history to win a batting title. He may end up doing so in his final game with the team.
Terry Collins will have more time to try and turn around the Mets. "He's done just a terrific job," GM Sandy Alderson said. "He's earned it."
In light of today's final Mets game of the season, the team has decided to spice things up a bit -- in the radio booth, anyway.
Boomer & Craig had plenty to get to on this busy Wednesday edition of The Extravaganza, with the MLB playoffs mere days away and the Jets and the Giants preparing for their Week 4 match-ups.
Jose Reyes hit two solo home runs, putting pop into his bid for the NL batting title, but the Cincinnati Reds beat the New York Mets 5-4 on Tuesday night on Drew Stubbs' squeeze bunt in the 13th inning.
A judge is allowing a lawsuit to proceed in limited form against the owners of the New York Mets by the trustee recovering money for investors who lost money to jailed financier Bernard Madoff.
General manager Sandy Alderson announced that the Mets have exercised manager Terry Collins' contract option for 2013.
No member of the Mets has ever won a batting crown. Jose Reyes is on the cusp.
When the Yankees' minor league team in Scranton/Wilkes-Barre needed a temporary home, Riverfront Stadium in Newark seemed a perfect fit.
Mike Francesa will join Howie Rose and Wayne Hagin in the booth tomorrow afternoon at Citi Field for the Mets final game of the season. During the broadcast listeners can tweet or email questions to Mike, Howie and Wayne.
Jerry's first update of the morning was chock-full of all sorts of information, beginning with the lowdown on the Yankees
Chris Heisey hit a go-ahead, three-run homer just moments after making a diving catch and the Cincinnati Reds held off the New York Mets 6-5 on Monday night in the opener of their season-ending series.
Jose Reyes begins the final series of 2011 with a chance to become the first Mets hitter to win the National League batting championship.
The Los Angeles Angels beat the New York Yankees 7-1 on Tuesday night.
The Boston Bruins clinched the top wild-card spot in the Eastern Conference with a 4-0 win over the New Jersey Devils on Tuesday night.
The Carolina Hurricanes defeated the New York Islanders 2-1 on Tuesday night.
A report in "The Athletic" says NJ Transit is considering charging more than $100 for round-trip tickets from New York Penn Station to MetLife Stadium for World Cup games.
Justin Wrobleski pitched two-hit ball over a career-high eight innings, Andy Pages launched a three-run homer and the Los Angeles Dodgers beat the punchless New York Mets 4-0 in a matchup between two of baseball's biggest spenders.
New York scored on a game-ending wild pitch in a three-run ninth inning to overcome Mike Trout's two homers for Los Angeles.
Quick, a three-time Stanley Cup champion, announced his retirement before Monday's game after 19 seasons.
Nico Hischier scored his second goal of the game on the power play with 1:45 left in overtime to give the New Jersey Devils a 4-3 win over the Ottawa Senators on Sunday night.
Nick Suzuki had a goal and an assist and the Canadiens beat the Islanders 4-1 on Sunday, eliminating New York from playoff contention.
Britain's King Charles III and Queen Camilla will visit New York City during their trip to the United States later this month.
A man who was convicted in a series of hate crime assaults that took place in New York City in 2023 and 2024 has been sentenced.
Brooklyn officials announced a first-of-its-kind initiative to build sensory rooms in every District 75 elementary school.
Mental health experts say 1 in 10 men suffer from paternal postpartum depression, and it is not a sign that you don't love your baby or partner.
Three lawsuits have been filed in New York and New Jersey after recalled barbeque grill brushes allegedly caused injuries.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
New York City and the Tri-State Area are finally turning the corner to warmer weather this week.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
Ashly Robinson, an influencer who went by Ashlee Jenae online, died on a trip with her fiancé in Zanzibar. Now, her family is searching for answers.
A report in "The Athletic" says NJ Transit is considering charging more than $100 for round-trip tickets from New York Penn Station to MetLife Stadium for World Cup games.
A freight train derailment in North Bergen, New Jersey, shut down Route 3 for hours Tuesday.
The Keansburg St. Patrick's Day was shut down just hours before it started after a suspicious device was found. Police arrested the man they say first planted it, and then reported it.
The victim of a deadly shooting at a Chick-fil-A restaurant in Union, New Jersey, has been identified as a 23-year-old customer from New York City.
Three lawsuits have been filed in New York and New Jersey after recalled barbeque grill brushes allegedly caused injuries.
There are some workforce worries at Long Island farm stands and wineries after ICE agents were recently spotted in East End towns.
Fire departments across New York are opening their doors this weekend in a bid to attract sorely needed new volunteers.
A cat was rescued when it was spotted lying on the Long Island Rail Road tracks between Lindenhurst and Babylon Sunday night.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
President Trump has sparked a religious uproar with his attacks on Pope Leo XIV. On Tuesday, New York Archbishop Ronald Hicks chimed in.
New York City and the Tri-State Area are gearing up for a big summer. Major events include the 2026 FIFA World Cup and America's 250th birthday celebration. In New York City, police say they're prepared to keep everyone safe.
U.S. Secretary of the Interior Doug Burgum is urging New York Gov. Kathy Hochul to rethink her overall energy policy.
New York City Mayor Zohran Mamdani went to La Marqueta in East Harlem Tuesday to further discuss his plans for a city-run grocery stores.
Annika Albrecht, Ally Sammarco and influencer Cheyenne Hunt, who helped get their stories out, spoke with CBS News about the unraveling of the Democratic congressman's political career.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
The Rock And Roll Hall of Fame unveiled its list of inductees for 2026, and it includes the Wu-Tang Clan, the legendary, local hip-hop collective.
Jury selection for Harvey Weinstein's rape retrial in a Manhattan courtroom began Tuesday. He is being accused of raping actress Jessica Mann in 2013.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
The Los Angeles Angels beat the New York Yankees 7-1 on Tuesday night.
The Boston Bruins clinched the top wild-card spot in the Eastern Conference with a 4-0 win over the New Jersey Devils on Tuesday night.
The Carolina Hurricanes defeated the New York Islanders 2-1 on Tuesday night.
A report in "The Athletic" says NJ Transit is considering charging more than $100 for round-trip tickets from New York Penn Station to MetLife Stadium for World Cup games.
Justin Wrobleski pitched two-hit ball over a career-high eight innings, Andy Pages launched a three-run homer and the Los Angeles Dodgers beat the punchless New York Mets 4-0 in a matchup between two of baseball's biggest spenders.
Brooklyn officials announced a first-of-its-kind initiative to build sensory rooms in every District 75 elementary school.
New York City Mayor Zohran Mamdani's administration unveiled a dramatic traffic redesign at Brooklyn's Grand Army Plaza.
New York City business owners are pushing on the State Legislature to pass Gov. Kathy Hochul's reforms that would roll back some of the climate legislation passed by New York state in 2019.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Vanessa Murdock has your weather forecast for April 14 at 11 p.m.
A dog in South Jersey had to undergo surgery after apparently eating several socks and other objects.
A brush fire began burning in Central Park on Tuesday night.
Britain's King Charles III and Queen Camilla will visit New York City during their trip to the United States later this month.
There are questions over the mysterious death of a social media influencer who was on vacation in Africa.