How much trouble are the Wilpons in? The Mets owners, who were investors in Bernard Madoff's huge multi-billion dollar Ponzi scheme and are being targeted by the trustee trying to recover money for Madoff victims, are trying to sell part of the team to raise some money and now the Post reports that JPMorgan Chase "is trying to recruit other institutions to join a syndicate to put together a new loan that would tide the Mets over until they sell a minority stake in the ballclub." more ›

Yesterday, Mets CEO Fred Wilpon and his son, Jeff (the Mets COO), officially announced what everyone knew last week and had been suspecting for a while: That manager Jerry Manuel and general manager Omar Minaya were fired. Wilpon emphasized his love for the team and said, "Our family has owned the New York Mets for a very long time. We've had a lot of good years, and too many poor years. That's painful. But I must say that the last four years have been the most painful to me and probably the most disappointing in what is over 30 years. more ›

Mayor Bloomberg offered his two cents (25 cents?) on Mets COO Jeff Wilpon's revelation that he was talking to Islanders owner Charles Wang about relocating the hockey franchise to Queens: "I haven’t talked to the Wilpons yet. I will. I don’t know whether it’s just the owner or the team negotiating, using us as a negotiating ploy out on Long Island." The Mets did release a statement saying they spoke to the Isles and MLS "about building a sports/entertainment facility near Citi Field" but the NY Times reports, "Such a facility is not part of the city’s plan to redevelop the nearby 62-acre Willets Point industrial property." Yet. more ›

Could Queens become the next professional hockey destination? Newsday spoke with Mets COO Jeff Wilpon, who confirmed that he has spoken to Islanders owner Charles Wang about moving the franchise to Queens: "I've had conversations with Charles and we've talked about Queens. We'd like to be helpful and I think Queens is an option. We built Citi Field well under budget and on time. I have all my guys ready." more ›

The sorry state of the Mets isn't just a local issue at this point. Last night on The Tonight Show, Conan O'Brien got in on the fun showing just how deep dysfunction runs within the organization right now. more ›

Yesterday the Mets held a press conference to say that GM Omar Minaya would be investigating allegations that VP of Player Development Tony Bernazard had ripped his shirt off and challenged minor leaguers to a fight. But much like the period of speculation leading up to Willie Randolph's firing last year, the situation has quickly snowballed, calling into question the way in which the entire organization is run. more ›