NEW YORK (AP) — Billionaire hedge fund manager Steve Cohen has agreed to buy the New York Mets from the Wilpon and Katz families. The deal is subject to the approval of Major League Baseball owners. Cohen also entered negotiations to buy the Mets last year, but the deal fell apart in February. Sportico reported Cohen will own 95% of the team, with the rest staying with the Wilpon and Katz families. The deal reportedly values the franchise at about $2.4 billion. Former major league star Alex Rodriguez and fiancee Jennifer Lopez also attempted to buy the team, but they dropped out of the bidding last month.
— New York Mets (@Mets) September 14, 2020