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Madoff's Mets tickets could hit online auction block

  • Story Highlights
  • Trustee Irving Picard tasked with liquidating Bernie Madoff's company's assets
  • Picard hopes to sell some of the tickets through an online auction or ticket broker
  • 2 season tickets valued at $60,750, located in Citi Field's Delta Club Gold section
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By Emily Anderson
CNN
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NEW YORK (CNN) -- The trustee tasked with liquidating the assets of convicted Ponzi schemer Bernard Madoff's company filed a motion with New York bankruptcy court Tuesday seeking to sell two New York Mets season tickets owned by the company.

Bernard Madoff pleaded guilty in March to 11 charges related to his $50 billion Ponzi scheme.

Bernard Madoff pleaded guilty in March to 11 charges related to his $50 billion Ponzi scheme.

The trustee, Irving Picard, said in a statement he hopes to sell the opening-day tickets as well as individual tickets for April games through an online auction or ticket broker to the highest bidder. Picard said the remaining tickets in the season package will be sold in an online auction to the highest bidder beginning in the middle of April.

The two season tickets are valued at $60,750 in the motion, and are located in the Delta Club Gold section of Citi Field. The Mets list prices for individual tickets in that section range from $525.00 to $225.00, depending on the date, according to the team's Web site.

In a statement, Picard said he reached an agreement with the Mets to also ensure that privileges associated with the swanky seats, such as parking, renewal opportunities and the opportunity to purchase playoff tickets, will be transferred to the new owners.

"The New York Mets have been very helpful in assisting us in the process of deriving value from the Mets tickets held by BLMIS [Bernard L. Madoff Investment Securities]," Picard said. "Their cooperation is appreciated and will allow us to generate the best possible return for Madoff's victims."

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