Billionaire hedge fund manager Steve Cohen has reached an agreement to buy the New York Mets baseball team from its owners, Sterling Partners said in a statement on Monday.
“I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets,” Cohen said.Newsday reported that Cohen will own 95% of the franchise, with the deal valuing the club at approximately $2.475 billion, a record amount for a North American sports team.
An infusion of cash from Cohen could help the Mets become World Series title contenders. The franchise, which was founded in 1962, has won two titles, the last one coming in 1986. The deal will require the approval of at least 23 of the other 29 team owners when MLB holds a vote, which could come at the owners’ meetings in November, Newsday reported.
Reporting by Noor Zainab Hussain in Bengaluru, Svea Herbst-Bayliss in Boston and Rory Carroll in Los Angeles; Editing by Arun Koyyur and Tom Brown
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Billionaire investor Steve Cohen finalizes deal to buy New York MetsNEW: Billionaire Steve Cohen finalizes deal to buy the New York Mets, the team announces Monday.
Weiterlesen »
America’s Richest Sports Team Owners 2020: Steve Ballmer On Top As Steve Cohen Prepares To Join RanksThe 42 sports team owners on The Forbes 400 are worth a combined $271 billion, up 6% over the past year.
Weiterlesen »
How former Trump adviser Steve Bannon joined forces with a Chinese billionaire who has divided the president’s alliesBannon has emerged as one of the biggest champions of businessman Guo Wengui, who casts himself as an anti-communist dissident, even as other critics of the Chinese government have grown skeptical of his claims.
Weiterlesen »
Gabrielle Union Surprises Young Fan on Steve Harvey's Show: WatchTen-year-old Kaylin is rendered speechless as soon as the actress pops up on screen.
Weiterlesen »
Steve Martin Had The Best Solution To Being Unrecognizable With A Face Mask OnSteve Mask-in.
Weiterlesen »
Steve Martin Finds a Way to Avoid Being Anonymous in Masked PandemicWell, excuuuuse us ... but this is freakin' funny.
Weiterlesen »