Major leaguers Jason and Jeremy Giambi were expected to testify Tuesday as Barry Bonds' perjury trial continued. It's expected that the Giambi brothers will be the first of several athletes called to testify. Both have admitted to using performance-enhancing drugs they obtained from Bonds' personal trainer, Greg Anderson.

The Mets lost nearly $50 million last year, according to a report in The New York Times. The team's losses are expected to hit that number again this season. The Times cited two sources close to the club's finances. As recently as two years ago, the Mets contributed more than $40 million to baseball's revenue-sharing pool.

Mets owners filed legal papers Sunday disputing a court trustee's claim that they owe more than $1 billion because they should have known that their investments with Bernard Madoff were fraudulent. Co-owners Fred Wilpon and Saul Katz and their investment fund, Sterling Equities, allege trustee Irving Picard made "false allegations" and omitted evidence favorable to the owners in order to force a settlement. "The central allegations in the complaint are directly contradicted by sworn testimony taken by the Trustee's counsel prior to the filing of the complaint," Mets general counsel David Cohen said in a statement released Sunday.

Commissioner Bud Selig held an impromptu news conference at Sunday's Cactus League game between the Dodgers and White Sox, but he continued to deflect questions about the Dodgers' unsteady ownership situation, according to an ESPN.com report. "I'm not going to say anything [about that] today," Selig said. "I have monitored it, and I am monitoring it very closely. But I think that any further comment at this point would be very inappropriate."

Seven years and three and a half months after Barry Bonds appeared before a federal grand jury, the government is finally ready to make its case that he lied. Jury selection in Bonds' perjury case will begin in U.S. District Court on Monday morning, with opening statements possibly by Monday afternoon but more likely Tuesday, according to an ESPN.com report.

The trustee looking to recover funds from victims of Bernard Madoff's Ponzi scheme officially wants more than $1B from Mets owners. In an amended lawsuit filed Friday in U.S. Bankruptcy Court for the Southern District of New York, trustee Irving Picard now officially seeks more than $700M in "alleged fraudulent transfers of principal." That's in addition to $300M in alleged fictitious profits, which is defined as money withdrawn over principal. The amended suit seeks to further demonstrate the close relationship between Madoff and Mets principal owner Fred Wilpon; Mets chief operating officer Jeff Wilpon, Fred Wilpon's son; team president Saul Katz, Fred Wilpon's brother-in-law; and their company, Sterling Equities.

A federal judge on Thursday barred the jury at Barry Bonds' perjury trial from hearing angry voicemails he left with his mistress during a stormy nine-year relationship, according to an ESPN.com report. Prosecutors wanted to introduce the voicemails to show that Bonds was experiencing so-called "roid rage" when he left the messages demanding to know the whereabouts of Kimberly Bell.

Federal prosecutors on Wednesday released transcripts and recordings of voicemail messages Barry Bonds left for his former mistress during their nine-year relationship, according to an Associated Press report. Most of the messages show Bonds angrily inquiring after Kimberly Bell’s whereabouts. Prosecutors say the recordings and transcripts are evidence of Bonds’ steroid use because the drugs supposedly induce rage in some users.

The trustee seeking to recover money to distribute to victims of Bernard Madoff's Ponzi scheme plans to go after more funds associated with the owners of the Mets in an amended lawsuit, according to a source. Irving Picard, the trustee, already is seeking $1 billion from Mets principal owner Fred Wilpon and his family to redistribute to Madoff victims. The original suit was filed Dec. 7 and was unsealed last month.

Pete Rose has filed for divorce from his wife after 27 years of marriage. Rose, 69, cited irreconcilable differences for the split, but his petition did not offer any additional details. He and his second wife, Carol, were married in April 1984. She was a cheerleader for the Philadelphia Eagles and he was playing for the Phillies when they were dating.