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How much did Steve Cohen buy the Mets for?

Published in Sports Team Acquisition 1 min read

Steve Cohen purchased the New York Mets for $2.4 billion.

Steve Cohen's Acquisition of the New York Mets

The acquisition of the New York Mets by Steve Cohen for $2.4 billion marked a significant change in the franchise's history. This substantial investment made it one of the most expensive team purchases in Major League Baseball at the time.

Key Acquisition Details Information
Purchaser Steve Cohen
Team Acquired New York Mets
Purchase Price $2.4 billion
Primary Objective Win a World Series Championship

Impact of Cohen's Ownership

Since taking over the team, Steve Cohen has been widely regarded by many Mets fans as a "godsend." His ownership is characterized by a strong willingness to invest considerable financial resources into the team. This commitment has enabled substantial spending on player talent, with the ultimate goal of securing the franchise's first World Series championship since 1986. Cohen's deep pockets and eagerness to spend have positioned him as one of the wealthiest and most ambitious owners in professional sports, aiming to elevate the Mets to consistent championship contention.