Major League Baseball owners officially approved the $2.42-billion purchase of the New York Mets by Steve Cohen, clearing the way for a final closing of the deal in the next 10 days. (more…)
Tag Archives | New York Mets sale
Cohen purchase of Mets expected to be approved Friday
Major League Baseball owners are expected to approve the $2.42-billion sale of the New York Mets to hedge-fund manager Steve Cohen on Friday, as he sails through the approval process. UPDATED! (more…)
Cohen receives initial permission to buy Mets, but hurdles remain
Steve Cohen received initial approval from MLB’s ownership committee to purchase the New York Mets, but a clause in the Citi Field lease could end up complicating the deal. (more…)
Ballpark Digest Broadcaster Chat for September 15, 2020
Jesse Goldberg-Strassler and Kevin Reichard discuss the history of NFL teams playing in MLB ballparks, the cancelation of the annual MLB general manager meetings, the impending sale of the New York Mets, and a breakdown of the proposed Beloit nicknames on this week’s Ballpark Digest Broadcaster Chat. (more…)
Cohen lands New York Mets — finally
After a false start and a second round of bidding that included Alex Rodriguez and Jennifer Lopez, Steve Cohen finally landed the New York Mets in a deal valued at approximately $2.45 billion–the most ever paid for a North American sports franchise. (more…)
Mets sale bids expected at months’ end
Three groups are still in the running to buy the New York Mets, with a timeline that calls for Citi Field tours this week and initial bids requested by the end of the month. (more…)
In the end, Mets sale may be a real-estate, gambling or media play
With three bids submitted for the purchase of the New York Mets and possibly the SNY network, we’ll see if the sale of the Mets ends up being a media play, a gambling play or a real-estate play. (more…)
New Mets suitor emerges: Harris Blitzer Sports & Entertainment
After word got out that Alex Rodriguez and Jennifer Lopez were discussing with potential investors a purchase of the New York Mets, another suitor for the team and its assets emerges: Harris Blitzer Sports & Entertainment. (more…)
A-Rod, J-Lo prepping bid for Mets, SNY share
Alex Rodriguez and Jennifer Lopez are working with potential investors on a bid for the New York Mets that would also include a share of the SNY cable network, with the ultimate goal a development plan for the area surrounding and adjacent to Citi Field. (more…)
Goodbye Steve Cohen, Hello… Alex Rodriguez?
The drama over future ownership of the New York Mets continues, with billionaire hedge fund manager Steve Cohen withdrawing his ownership bid–and Alex Rodriguez reportedly considering a purchase of the team from the Wilpon family. (more…)
Mets in Process of Being Sold to Steve Cohen: Report
The Wilpon family, via Sterling Partners, is in negotiations to sell an 80 percent share of the New York Mets to hedge-fund investor Steve Cohen, who already owns a minority share in the National League franchise, reports Bloomberg News. (more…)