According to Bart Hubbuch on his twitter page, in a recent interview with GQ Magazine, Larry King revealed how much much Fred may have lost in the Madoff scandal. Apparently Larry King and Fred Wilpon are close friends so this may have some merit. Larry alleges that Wilpon lost $700,000,000 to Bernie Madoff in his scheme.
CNBC originally reported that Wilpon may have lost up to $300 million in the plot, but if King is right…they were way off.
ThisÂ may have major impacts on this year’s impending free agency, and for all we know it could have already had major impacts on the Mets.
Time to sell the team Fred?
Here’s a little more on the story from the NYPost.
Thanks to this site for the comic…