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Baseball – MLB – New York Mets buyout by billionaire Steve Cohen approved by MLB

The final sale of the New York Mets to Steve Cohen is expected to be completed in ten days. The historic New York Mets Club is about to be bought out. The proposal from Steve Cohen, who earned his fortune through hedge funds, was approved by Major League Baseball (MLB) on Friday. “We congratulate Cohen on receiving the support of the MLB club’s owners, said Commissioner Rob Mandred. He’s going to bring his passion to the club from his hometown, and I think he’s going to work hard to make the fans proud of his team. “ The 64-year-old billionaire will acquire 95% of the world series-winning club in 1969 and 1986, before plunging in recent years. Mets have thus no longer reached the playoffs since four years. Steve Cohen’s fortune is estimated at $ 14 billion by the magazine Forbes, which would make him the richest baseball club owner in the world. The transaction must be completed within ten days.

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