December 5, 2019

Money for the Mets

Minority partner Steven A. Cohen and the Wilpon family are negoitating to make Cohen the controlling partner of the team:

Under the agreement being negotiated with the Wilpon family, Mr. Cohen, 63, would purchase 80 percent of the team, according to one of the people. In an announcement Wednesday about the negotiations, Mr. Cohen and the Mets said that Fred Wilpon, the current controlling owner of the Mets, and his son Jeff, the chief operating officer, who plays a role in nearly every decision the club makes, would remain in their positions for the next five years.

NYTimes.com

The profile of Cohen reminds me a bit of George Steinbrenner. Cohen insists on success, he is a workaholic, and he skates on the edges of the law. Unlike Steinbrenner, he does not appear to seek the limelight. If he shares the bosses penchant for driving up player salaries by signing the best free agents available, the players will certainly benefit.

1 thought on “Money for the Mets

  1. rbj1

    Even though I’m a Yankees fan I applaud this move for the Mets. And having an owner willing to spend is good news for the players rather than an owner focused solely on the bottom line.

    ReplyReply

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