Bernie Madoff's Scam Created The Craziest Contract in MLB History

Sources:
CNBC: https://www.youtube.com/watch?v=kc0tRPtsdcU
ESPN: https://www.youtube.com/watch?v=4rLCqqmiPGY

On April 14, 2021, Bernie Madoff passed away while incarcerated in Butner, North Carolina at the age of 82. His death was newsworthy because it helped close the book on one of the most sociopathic fraudsters who ever lived.

Some estimates have his ponzi scheme at $65 billion. Some estimates have losses totaling $12 to $20 billion for the thousands of investors who invested into the scheme.

This is the story of how Bernie Madoff's ponzi scheme affected the New York Mets ownership group and led to the craziest contract in MLB history.

Timestamps
0:00 - Intro
0:20 - Chapter 1: Bernie Madoff
2:28 - Chapter 2: The Scheme
6:07 - Chapter 3: Greed
7:45 - Chapter 4: Bobby Bonilla