Steve Cohen Signs Agreement To Buy The Mets

4 years agoSteve Cohen, the billionaire hedge fund manager of Point72 Asset Management, has signed an agreement with Sterling Equities to buy a majority stake in the New York Mets. The transaction is subject to the approval of the other Major League Baseball owners and is worth slightly more than $2.4 billion. Once ratified, Cohen will own 95% of the team, with the Wilpon family retaining 5% ownership. This will effectively end the Wilpon family's control of the Mets which began 34 years ago. With the Wilpon ownership over, Mets fans are cautiously optimistically that Cohen will have both the resources and immense desire to invest in top-tier free agent talent while also retaining expensive homegrown talent. Once ratified by the other owners, Cohen, a lifelong Mets fan, will immediately become the richest MLB owner.--Nick Ritrivi - RotoBaller
Source: Anthony DiComo on Twitter

Forgot Password

LINEUP RESOURCES

Steve Cohen Signs Agreement To Buy The Mets

More Player News from RotoBaller

NFL test post nov 21 mike trout

Testing Mike Trout

MLB news post test 17

MLB news post test 12

NFL news post test 12

NFL news post test 5

Pete Alonso Is Cool 😎

Eugenio Suarez Injures Finger Fridays

Justin Verlander Gives Up Early Run to Yankees

David Fletcher Heading To Injured List

LINEUP RESOURCES

WIN MORE IN 2024

TODAY’S MOST READ ARTICLES

ROTOBALLER PLAYER NEWS

RANKINGS

TODAY’S MOST VIEWED PLAYERS

rotating JS ad test

RANKINGS

friends of rotoballer

Please Disabled Your AdBlocker

Forgot Password

LINEUP RESOURCES

More Player News from RotoBaller

LINEUP RESOURCES

WIN MORE IN 2024

ROTOBALLER PLAYER NEWS

RANKINGS Roto Points Dynasty

TODAY’S MOST VIEWED PLAYERS

rotating JS ad test

RANKINGS HALF-PPR STD PPR

friends of rotoballer

Please Disabled Your AdBlocker

RANKINGS

RANKINGS