Topic: Saul Katz
The settlement avoids a civil trial for the club and means they'll have to pay far less than they otherwise might.
The ownership group of Major League Baseball's New York Mets has agreed to a settlement deal with the trustee trying to recoup billions of dollars in the wake of the Bernard Madoff Ponzi scheme.
Steinbrenner died early Tuesday in Tampa, Florida. He bought the New York Yankees in 1973 for $10 million. Seven World Series titles later, the Yankees are worth more than $1 billion, due in large part to George Steinbrenner.
Steinbrenner died early Tuesday in Tampa, Florida. The New York Yankees won seven World Series titles under the ownership of George Steinbrenner.