Many New York Mets fans are rejoicing today, with the team finally being released from the clutches of the Wilpon family.
According to the latest reports from MLB sources, the Wilpon family is selling the team to billionaire Steve Cohen. The deal is said to be worth upwards of $2.4 million.
Why should Mets fans be excited? Because Cohen is a real fan of the team who has been going to games since he was a child. His net worth is also estimated a lot more than the Wilpons. The 64-year-old billionaire has an estimated net worth of $14 billion, which Mets fans hope he will use to bring big-name stars to the team in order to build a roster that can compete for a World Series title.
The negotiations to find the Mets’ new ownership has lasted months. Beginning in late 2019, the Wilpons began taking offers, at which time Cohen was considered the only real candidate. However, more bidders entered the fold in February, including power couple Alex Rodriguez and Jennifer Lopez.
In the end, Cohen’s bid won out in August and he has been in negotiations to seal the deal every since.
Cohen will become the official owner of the Mets once he is approved by at least 23 of the current 30 MLB owners. The voting is expected to take place at the annual owners’ meeting in November.
