Firestorm threatens to engulf Mets

Financial calamity goes beyond Madoff; jeopardizes Wilpons' hold on the team

Updated: January 27, 2012, 1:27 PM ET
By Adam Rubin | ESPNNewYork.com

One week after swindler Bernard Madoff's arrest for fraud on an epic scale, Jeff Wilpon insisted the massive Ponzi scheme's collapse would have no impact on his family's most treasured possession -- the New York Mets.

"The individual partners lost some money at Madoff, but it doesn't affect the Mets," Wilpon, the team's chief operating officer, maintained in December 2008. "It doesn't affect the Citi Field project. It doesn't affect [regional sports network] SNY or any of our operating ...

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