Adam Rubin ESPN Staff Writer
BREAKING: The Wilpon family, its businesses and charities have modified their agreement with the trustee looking to recover money for Bernard Madoff's Ponzi scheme victims. Some of the owed money has now been deferred. A first payment of $16 million is due to be paid by Wednesday. The remainder will be paid in four installments -- from 2017 through 2020 -- with an interest rate of 3.5 percent on the unpaid balance. More to follow at ESPN.com.