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Mets could owe $386M over Madoff

Updated: September 28, 2011, 7:14 PM ET
Associated Press

NEW YORK -- The trustee recovering assets lost in Bernard Madoff's fraud is delaying a planned Friday payout to those who lost money because of a judge's ruling that limits the amount the owners of the New York Mets might have to return.

The trustee's attorney David Sheehan revealed at a hearing Wednesday that the ruling by U.S. District Judge Jed Rakoff limiting the team owners' exposure to $386 million will also affect other money being recovered for investors.

Sheehan said ...

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