Cohen reemerged this spring in the sale process that also featured power couple Alex Rodriguez and Jennifer Lopez.
Mets fans arent the only ones who see Steve Cohen as a messiah.
Cohen initially had a deal to buy the Mets in February, but that broke down after the 2 sides could not concur just how much impact the Wilpon family would have the ability to wield in the very first 5 years of Cohens ownership.
“As you can picture, a sale of this type, a number of billion dollars, pretty complex agreements, and they have those arrangements ironed out,” Manfred said.
A spotty history that consists of Cohens previous company paying a $1.8 million fine in 2013 to settle expert trading charges and his current company being demanded gender discrimination could make complex matters, though helping the 64-year-olds cause is that the other owners would see their particular assessments increase needs to the offer go through.
Cohen will need 23 out of 30 votes in November to take control of the Mets, who likely wont make the playoffs this season.
“I believe that a change in ownership at the Mets is an opportunity to make that franchise as strong as it can potentially be, and I think over the long run itll be something that will benefit the video game,” commissioner Rob Manfred said during an online event hosted by the Hofstra Universitys business school.
Mets fans seemed to always hope Cohen– and his net worth of $14 billion– would wind up the winner of an auction, enamored with the possibility of him investing more money than theyve grown familiar with and ending years of front-office dysfunction.
Itll depend on the owners– whom Manfred works for– to authorize Cohen, the Long Island native who matured a Mets fan and on Monday completed a $2.4 billion offer to acquire 95 percent of the ball club from the Wilpon and Katz families.
