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Thursday, February 20, 2020

Steve Cohen still lurking over potential sale of the New York Mets (Report)

Steve Cohen’s bid is still looming large over the Wilpons’ potential sale of the New York Mets. SNY could also be involved as well.

Daniel Kaplan of The Athletic is reporting that the New York Mets‘ sale is being hurt by Steve Cohen‘s presence. Sports bankers are telling Kaplan that potential buyers are afraid of being used as a “stalking horse” in the process.

Potential buyers are scared that they’ll put together a bid and the Wilpons will crawl back to Cohen. They don’t want to waste the time and effort to put together an offer if it’s not going to mean anything.

Cohen is also still present in the Mets organization. He owns eight percent of the team. That means he’s going to be privy to most notes about a potential sale of the team, which will allow him to play defense and create a better opportunity for himself.

As always, my apology for not being able to link to the original pay-walled source.

 

QLE Posted: February 20, 2020 at 12:45 AM | 0 comment(s) Login to Bookmark
  Tags: mets being mets, mets mets mets

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