Tag: owners

Morning Briefing: MLB Owners Not Pleased With Cohen’s Spending

Good morning, Mets fans! Mets owner Steve Cohen has spent an unprecedented amount of money this offseason to revamp his ballclub and some owners of other major league teams aren’t happy that he’s flexing his checkbook. Evan Drellich of The Athletic reports that some owners and management of other teams are upset that Cohen has spent the money he has and states that consequences are...

MLBPA Makes First CBA Proposal Since MLB Canceled Games

According to Chelsea Janes of The Washington Post, the MLBPA submitted a formal proposal to MLB owners today in Manhattan during Sunday’s midday meeting, which lasted about an hour and a half. It’s the two sides’ first meeting since MLB canceled regular-season games on Tuesday after the two sides had not come to a deal on the collective bargaining agreement. MLBPA Proposal...

Cohen Will Have Exclusive Window to Bid On SNY

According to Mike Ozanian of Forbes, soon-to-be Mets’ owner Steve Cohen will reportedly have 30 days after the sale of the team is finalized to place an exclusive bid on SNY. As Ozanian noted, the regional sports network is worth $1 billion and has an annual equity of $150 million. However, SNY is said to be currently sitting at $850 million in debt. Back in July, it was reported that...

Luis Rojas Still Has Support of the Clubhouse

The New York Mets season can be summed up in one word; Frustration. Pete Alonso went from the Rookie of the Year home run king, to the guy most likely to snap a bat across his knee. Jeff McNeil has kept television producers on the ready with the frequency in which he has yelled cuss words in stadiums with only cardboard cutouts there to listen. Rick Porcello and Michael Wacha have struggled to...

Manfred and Fans Alike See Great Potential in New Mets Owner

“I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets.” Twenty words uttered by new Mets majority owner Steven Cohen that have sent much of the fandom to levels seldom seen since October 27, 1986, the night the Amazins’ won their second World Championship. Cohen, who is worth $14 billion, is a life-long Mets fan who has a...

It’s Official, Steve Cohen To Purchase The Mets

Mets fans, it’s what you’ve been waiting to hear for months — Steve Cohen and the Wilpon/Katz families have reached a deal. On Monday morning we heard reports that an agreement was going to be signed today. Now that’s happened. We have an agreement. Tim Healey of Newsday shared full details of the deal, which values the Mets at approximately $2.475 billion. Cohen will own...

Report: Cohen To Sign Agreement To Buy Mets Today

Joe Pantorno of AM New York Metro is reporting that Steve Cohen will be signing an agreement to transfer majority ownership of the New York Mets to the hedge fund billionaire sometime today. That means as soon as he gets approved by MLB owners in November, he’ll assume control of the franchise, Pantorno adds. Cohen entered exclusive negotiations to buy the Mets on August 28th, and has been...

Steve Cohen Finalizing Paper Work to Purchase the Mets

Despite rumblings in the media from Alex Rodriguez and Jennifer Lopez, Steve Cohen continues to make steady progress towards purchasing the New York Mets, with few obstacles left standing in his way. Cohen entered exclusive negotiations to buy the Mets on August 28th, and has been hammering out the final details with Allen and Co. over the past few weeks to make the sale official. Now according...

Jennifer Lopez Becomes ‘Control’ Person, as A-Rod’s Group Won’t Fold

From everything that has been reported, the New York will be sold to Steve Cohen in the near future, with the sale likely to be wrapped up by November. Yet Alex Rodriguez and Jennifer Lopez won’t give up on their pursuit of buying the Mets, as they continue to make a push to land the ball club. According an article from the New York Post’s Joel Sherman, Lopez has been named the...

Breaking: Steve Cohen Closing In, Awaiting MLB Approval

Hedge fund billionaire Steve Cohen is closing in on his quest to take ownership of the New York Mets. A source has informed Joe Pantorno of AM New York Metro on Sunday evening that negotiations between Cohen and the Mets to purchase 80% of the team have been successful and is now just pending the approval of MLB team owners. “It’s happening,” the source added. Charles Gasparino of Fox Business...

Alex Rodriguez and Jennifer Lopez Disappointed After Losing Bid To Purchase Mets

It appears that fate has once again dealt Alex Rodriguez a fatal blow in his lifelong quest to hook up with the New York Mets. A-Rod and his fiancé pop star Jennifer Lopez revealed they were done trying to acquire the Mets after a hard-fought bidding war. “Alex and I are so disappointed,” Lopez posted Saturday on her Instagram. “We worked so hard the past 6 months with the dream of...

MLB Schedules 12:30 PM Monday Meeting With Owners

On Monday morning, it was announced that the Marlins cancelled their game tonight following eight additional players (12 total now) and two coaches testing positive for COVID-19. Marlins’ CEO Derek Jeter released a statement on the outbreak. https://twitter.com/jareddiamond/status/1287775697935663110 Later in the morning, it was announced that the Yankees vs Phillies game in Philadelphia...

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