ESPNNewYork.com, citing a "source within baseball," reported on Monday that Picard, who sued Wilpon and his family for $1 billion on Dec. 7, was given permission by U.S. Bankruptcy Judge Burton R. Lifland to amend the suit by Friday. Picard is expected to add funds from a charity operated by the Wilpons in the revised lawsuit, according to ESPNNewYork.com.
The Mets have neither confirmed nor commented on the report, nor did a spokesperson for Picard, who told ESPNNewYork.com that she was not authorized to comment because of the pending litigation.
ESPNNewYork.com obtained tax returns from 2008 and wrote that a Wilpon-run foundation claimed a loss for that year but also showed a profit from investments with Madoff. The website pointed out that Picard's lawsuit claims the "fictitious profits" for that foundation totaled $2,230,588.