The New York Mets’ $162 million settlement Monday in the Bernard Madoff fraud case looms as a victory for a financially beleaguered baseball franchise that has experienced few of them in recent years.

“I think it’s a win for the Mets,” said Wayne McDonnell, a sports business professor at New York University’s Tisch Center for Hospitality, Tourism and Sports Management, after Mets owners Fred Wilpon and Saul Katz settled a lawsuit by Irving Picard, the trustee for Bernard L. Madoff Investment Securities LLC.

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