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Fred Wilpon becomes MLB finance chair

Allison Joyce/Getty Images

Fred Wilpon (right) reportedly is MLB's new finance committee chairman.

With the impending switch from Bud Selig to his hand-picked successor, Rob Manfred, as MLB's commissioner, Mets principal owner Fred Wilpon has not lost his standing within baseball.

In fact, Wilpon will be the new chairman of MLB's Finance Committee, the Daily News reported.

Selig, a steadfast supporter of Wilpon, is retiring at the end of this week.