“I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets,” Cohen said.Newsday reported that Cohen will own 95% of the franchise, with the deal valuing the club at approximately $2.475 billion, a record amount for a North American sports team.
An infusion of cash from Cohen could help the Mets become World Series title contenders. The franchise, which was founded in 1962, has won two titles, the last one coming in 1986. The deal will require the approval of at least 23 of the other 29 team owners when MLB holds a vote, which could come at the owners’ meetings in November, Newsday reported.
Reporting by Noor Zainab Hussain in Bengaluru, Svea Herbst-Bayliss in Boston and Rory Carroll in Los Angeles; Editing by Arun Koyyur and Tom Brown
What say you billmaher ?
We need a big ole wealth tax. Says the starving masses.
They're sold off like their chewing gum pictures...
Interesting ...
Thatmaybesobut LGM
danielwormwald MarkProksch
“Sure.” - Steve Cohen when asked to buy the Mets
Don’t care
Insider trader and fraud* Steve Cohen
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