Chris Christie joins Mets' board of directors under Cohen
Christie has joined the board of directors of the New York Mets. His son Andrew has worked for the team since 2018 and is the Mets' coordinator of international scouting. Chris Christie has joined the board of directors of the New York Mets. Jeanne Melino also joined the Mets board under new owner Steve Cohen, and New York said Friday she will be hired by the team as senior vice president of the Amazin’ Mets Foundation. The Mets' board also includes chairman emeritus Fred Wilpon and vice chairman Andrew Cohen, who is not related to Steve.
Cohen promises splashes of cash for Mets -- within reason
This photo from a Zoom press conference provided by the New York Mets shows New York Mets owner Steve Cohen, Tuesday, Nov. 10, 2020. (New York Mets via AP)NEW YORK – Steven Cohen promises splashes of cash Mets fans expect from his billions — within reason. “So I’m going to let the professionals, Sandy and the people we bring in, let them run baseball." Alderson met Cohen last December through Andrew B. Cohen, who is not related to the new Mets owner but manages Cohen Private Ventures on Steven Cohen's behalf. “What I told Luis was that it’s very likely he will be managing the Mets,” Alderson said.
Mets GM Van Wagenen, others out as Cohen takes over team
Special assistant to the general manager Omar Minaya, assistant general managers Allard Baird and Adam Guttridge and executive director of player development Jared Banner also departed. He hired former Mets general manager Sandy Alderson as team president in his first move and ended Jeff Wilpon's tenure as chief operating officer. and Van Wagenen fired manager Mickey Callaway and replaced him with Carlos Beltrán. It is a record price for a baseball team, topping the $2 billion sale of the Los Angeles Dodgers from Frank McCourt to Guggenheim Baseball Management in 2012. “I hope that your energy, competitiveness and resources will be welcomed by Major League Baseball,” Van Wagenen said.
MLB owners approve sale of Mets to Steve Cohen
Major League Baseball owners voted Friday, Oct. 30, 2020, to approve the sale of the New York Mets to Cohen. The sale from the Wilpon and Katz families values the franchise at between $2.4 billion and $2.45 billion, a record for a baseball team. (AP Photo/File)NEW YORK – Major League Baseball owners voted Friday to approve the sale of the New York Mets to billionaire hedge fund manager Steve Cohen. The sale from the Wilpon and Katz families values the franchise at between $2.4 billion and $2.45 billion, a record for a baseball team. “On behalf of Major League Baseball, I congratulate Mr. Cohen on receiving approval from the major league clubs.
Billionaire hedge fund manager Cohen agrees to buy Mets
FILE - In this Sept. 9, 2020, file photo, Citi Field is viewed at dusk before a baseball game between the New York Mets and the Baltimore Orioles in New York. Billionaire hedge fund manager Steve Cohen has agreed to purchase the Mets from the Wilpon family. (AP Photo/Kathy Willens, File)NEW YORK – Billionaire hedge fund manager Steve Cohen has agreed to buy the New York Mets from the Wilpon and Katz families. Cohen also entered negotiations to buy the Mets last year, but the deal fell apart in February. The limited partnership shares were sold after a proposed $200 million sale of a stake of the Mets to hedge fund manager David Einhorn fell through in 2011.
LEADING OFF: Seaver tributes, Clevinger debuts for Padres
FILE - In this March 1968 file photo, New York Mets pitcher Tom Seaver poses for a photo, location not known. The Hall of Fame said Wednesday night, Sept. 2, 2020, that Seaver died on Aug. 31 from complications of Lewy body dementia and COVID-19. Nicknamed Tom Terrific and The Franchise, Seaver was a five-time 20-game winner and three-time NL Cy Young Award winner. WELCOME, PADREMike Clevinger (1-1, 3.18 ERA) makes his Padres debut after being traded this week from Cleveland. Walker (3-2, 3.27 ERA) starts at Boston as the Blue Jays try to keep up their push for a playoff spot.
Wild night in sports as Steve Cohen out of Mets deal, Red Sox make a blockbuster move; Rockets kick off NBA trade week with four-team deal
On Tuesday evening, baseball fans took to social media to chatter about the first of two significant moves this offseason. Fred Wilpon would stay on as CEO, past the original five-year agreement that was reported when the sale was first revealed last December. The deal also included unfavorable language when it came to the Mets' regional sports network, SNY. After changes to the deal, Cohen decided against the move to purchase 80% of the franchise. The Astros' investigation officially ended last month and saw the removal of Boston Red Sox manager Alex Cora.cnbc.com
Hedge fund titan Steve Cohen in talks to increase his stake in Mets
Hedge fund titan Steve Cohen is in talks to increase his investment in the New York Mets, his family office, Cohen Private Ventures, and the current owner said Wednesday. "The Sterling Partners and Steve Cohen are negotiating an agreement in which Steve Cohen would increase his investment in the New York Mets," the companies said in a statement. Sterling currently has a majority stake in the team. Meanwhile, Cohen will remain in his role as CEO of Point72 Asset Management, and his stake in the Mets will continue to be managed by Cohen Private Ventures, his family office said. Fox Sports reported Cohen could end up controlling 80% of the Mets.cnbc.com