Sale of New York Mets to new owner Steve Cohen now official


The sale of the New York Mets to new owner Steve Cohen has closed and is official, Cohen announced Friday.

“This is a significant milestone in the history of this storied franchise,” Cohen said in a statement. “I want to thank everybody who helped make this happen. The 2021 season is right around the corner and we’ve got a lot of work to do, so I’m excited to get started.”

Last week, MLB owners approved the purchase of 95% of the Mets by an entity of Cohen’s. The sale values the franchise at $2.4 billion to $2.5 billion.

The Mets’ ownership group had been headed by Fred Wilpon, his brother-in-law Saul Katz and Wilpon’s son Jeff, the team’s chief operating officer. The Wilpon and Katz families will retain 5% of the team after the sale.

Cohen, 64, is CEO and president of Point72 Asset Management.



Source link

Get in Touch

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related Articles

David Bowie’s son Duncan Jones reacts to ‘Great British Bake Off’ cake

David Bowie‘s son Duncan Jones has shared his reaction over a tribute cake to his father on The Great British Bake Off. In the...

Margot Robbie hints at “lots of girl power” in new ‘Pirates of the Caribbean’

Margot Robbie has teased details of her role in the new Pirates Of The Caribbean film, promising “lots of girl power”. The new Disney film...

Michael Rainey Jr. Talks “Power Chapter II: Ghost”

At 20, Michael Rainey Jr. has got the hang of his craft. The actor started his career nearly a decade ago after being...

Get in Touch

20,831FansLike
2,444FollowersFollow
16,800SubscribersSubscribe

Latest Posts

David Bowie’s son Duncan Jones reacts to ‘Great British Bake Off’ cake

David Bowie‘s son Duncan Jones has shared his reaction over a tribute cake to his father on The Great British Bake Off. In the...

Margot Robbie hints at “lots of girl power” in new ‘Pirates of the Caribbean’

Margot Robbie has teased details of her role in the new Pirates Of The Caribbean film, promising “lots of girl power”. The new Disney film...

Michael Rainey Jr. Talks “Power Chapter II: Ghost”

At 20, Michael Rainey Jr. has got the hang of his craft. The actor started his career nearly a decade ago after being...

Fantasy NBA – Why this is the best season to give it a try

7:50 AM ETAndre SnellingsESPN "The NBA should start the season at Christmas. That's when I start paying attention, anyway."I've heard every possible variation...