, according to a statement released by the billionaire hedge fund manager Monday, signaling the roller coaster sale process may be nearing its end. ... [+]“I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets,” Cohen said in his statement. , which cited unnamed sources who said the deal was valued at $2.42 billion.
This would break the record for the most money paid for a Major League Baseball franchise, including the Los Angeles Dodgers. The vote will likely happen in November. The sale has been in the works since last year, when Cohen agreed to purchase 80% of the team for $2.6 billion, but then pulled out. Cohen placed another bid for $2 billion in July and won the bidding process against former Yankees player Alex Rodriguez and his fiancée Jennifer Lopez, who offered $1.7 billion. .
You had it correct the first time riot
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