April 18, 2021

Steve Cohen Reportedly Ending Negotiations To Buy Mets (MLB Trade Rumors)

New York billionaire Steve Cohen “has decided to walk away” from his bid to buy an 80 percent share of the Mets from the Wilpon family, Thornton McEnery of the New York Post reports. Rumors of the deal falling through surfaced earlier today on Barstool Radio (Twitter link), and McEnery now reports that Cohen is “deeply unhappy” with the Wilpons’ attempt to make late changes to their agreement.

The Mets have yet to comment directly on the matter, although ownership did release the following statement in response to today’s rumors:

The parties are subject to confidentiality obligations, including a mutual non-disclosure agreement, and therefore cannot comment.

It was reported back in early December that Cohen, already a minority owner, was in talks with Fred Wilpon about a five-year sale plan that would see Cohen assume an 80 percent share of the team beginning with the 2025 season. The proposed arrangement would’ve seen Fred Wilpon remain the Mets’ control person and CEO for the…

Read “Steve Cohen Reportedly Ending Negotiations To Buy Mets” at MLB Trade Rumors