So, about the new owner of the Mets...

1,189 Views | 6 Replies | Last: 5 mo ago by Carlo4
wbt5845
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AG
Surprised there hasn't been a bit more ink about this - Steve Cohen buying the Mets for $2.4 B is approved.

https://nypost.com/2020/10/30/owner-steve-cohen-wife-sport-mets-gear-to-celebrate-buying-team/

This is pretty big because - Cohen is one of the few people who could buy the team cash with no loans. The man is worth $14 BILLION. And as opposed to many ownership groups who view the team as an investment, Cohen is a lifelong HUGE Mets fan who wants them to WIN!

And while we all think of owners as being rich - Cohen is on a whole nuther level of rich. Ted Lerner was the previous richest owner, worth around $4 B - Cohen is about 3X richer.

Hard to believe this isn't a pretty substantial power shift in MLB.

BMX Bandit
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With all that money, he's sure to win the World Series in short order.
bluefire579
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So basically doing what any of us would do if we were billionaires and saw our favorite team up for sale
wbt5845
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So, obviously buying a World Series hasn't always played out well. But a rising tide raises all ships, and I can see this serving to affect the FA market for sure.

Yeah, if I had $14 B, there are a couple of pro franchises I'd be looking at.
AggieEP
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Good for MLB, I wish fandom was a prerequisite for owning a team. It's always depressing to watch a team run strictly like a business.
MaxPower
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Springer will be a Met
Carlo4
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AggieEP said:

Good for MLB, I wish fandom was a prerequisite for owning a team. It's always depressing to watch a team run strictly like a business.


Reminds me of Cuban buying the Mavs.
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