When it comes to the corporatocracy of major-league baseball, in which billionaires beg for welfare, few things can stun, but one of the first moves by new commissioner Rob Manfred is as jaw-dropping as any made by his predecessor, Bud Selig. He’s named New York Mets owner Fred Wilpon chairman of the league’s finance committee. You know, the same Fred Wilpon who’s managed to turn the goldmine of a NYC baseball team into tin (accruing massive debts in the process) and was knee-deep in the Bernie Madoff Ponzi scheme. From SNY (though the bold is mine):
Manfred removed Mets owner Fred Wilpon from the executive council, but later named him chairman of the finance committee, which is responsible for conducting hearings on league investments, changes in ownership, and stadium revenue and financing issues, among other things.•
Tags: Bernie Madoff, Bud Selig, Fred Wilpon, Rob Manfred