Steve Cohen held an introductory press conference after taking ownership of the New York Mets, and he has big expectations for the franchise.

Cohen, who is worth three times as much as the next-richest MLB owner, stated he purchased the team to build on-field success, rather than simply make money:

“I’m doin it for the fans. I’m not trying to make money,” Cohen said, via Jon Heyman of MLB Network. “I’m not in this to be mediocre. I want something great.”

Cohen, who grew up on Long Island, stated he resonates with the fan base as a lifelong supporter of the club.

As such, he hopes to build a sustainable winner. In fact, Cohen said failure to win a World Series in the next three to five years–if not sooner–would be a disappointment:

“If I don't win the World Series in the next 3-5 years, I’d like to make it sooner, I would consider that slightly disappointing,” Cohen said, via Joel Sherman of the New York Post.

There has been speculation Cohen and the Mets would be among the biggest spenders in an offseason rife with financial challenges. Indeed, Cohen hinted the team would be quite aggressive in free agency:

“This is a major market team. It should have a budget commensurate with that,” Cohen said, via Jon Morosi of MLB Network.

The Mets will first have to address the front office. Sandy Alderson heads the baseball operations department as team president. But the team needs to replace a slew of departing officials, notably former general manager Brodie Van Wagenen.

For now, however, the on-field staff is intact. Alderson stated manager Luis Rojas should return, unless the next decision-maker says otherwise.

In any case, the Mets should be one of the top teams to monitor this winter and even beyond.