March 1, 2021

Mets’ likely new owner Steve Cohen is controversial money man (New York Post)


The potential new owner of the Mets may have faults — but spending money is not one of them.

Billionaire hedge-fund manager Steve Cohen — in talks to buy 80 percent of the Mets — is a huge modern art collector with a penchant for setting records at auctions. Just this May, he set a new record for a living artist when he forked over $91 million at auction for a Jeff Koons bunny sculpture. In 2015, he was the secret buyer of the world’s most expensive sculpture, Alberto Giacometti’s “Man Pointing,” for $141.3 million at Christie’s.

His art collection, valued at more than $1 billion, has included a sculpture made of frozen blood and a shark floating in formaldehyde.

Cohen — who is notorious on Wall Street for multiple insider trading scandals — also once paid Food Network star Guy Fieri $100,000 to drive around Connecticut eating with him. And his Greenwich, Conn., mansion is equipped with a 6,700-square-foot skating rink that has its own Zamboni machine.

It’s unclear if Cohen is as interested in spending as much money on the bullpen as he is on sculptures and real estate. But fans frustrated with what they see as the Wilpons’ tight-fisted ways say…

Read “Mets’ likely new owner Steve Cohen is controversial money man” at New York Post