Steve Cohen Articles - Page 4

New York MetsMets owner Steve Cohen bails out Melvin Capital amid GameStop, Reddit stock fiasco

New York Mets owner Steve Cohen’s hedge fund helped bail out Melvin Capital amid all the stock drama involving GameStop and Reddit. The GameStop fiasco first began when the Reddit community discovered investors where shorting stocks. Certain Redditors responded by buying stock to prevent the price from falling further and investors capitalizing off the shorting. But Cohen […]

New York MetsNew Mets owner Steve Cohen has jokes after blockbuster Francisco Lindor trade

The New York Mets made a major splash in trading for Cleveland Indians shortstop Francisco Lindor and right-hander Carlos Carrasco on Thursday. But new team owner Steve Cohen is focused on what “matters.” Cohen—who has become renowned for his personal Twitter account—joked that while the Lindor trade is generating buzz, the reinstitution of the team’s […]

New York MetsSteve Cohen makes bold promises as he takes over Mets

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 […]

New York MetsMets GM Brodie Van Wagenen, others fired as new owner Steve Cohen takes over

Billionaire Steve Cohen’s purchase of the New York Mets from the Wilpon family was finalized on Friday morning. Within hours, Cohen has already made sweeping changes in the baseball operations department. The Mets have parted ways with former general manager Brodie Van Wagenen as well as special assistant Omar Minaya, among others, per MLB.com’s Anthony […]

New York MetsNoah Syndergaard drops hammer on Wilpons after Mets sale to Steve Cohen

New York Mets right-hander Noah Syndergaard took a shot at the team’s former owners, the Wilpon family, upon new owner Steve Cohen being approved Friday. Syndergaard alluded to the Wilpons’ mismanaging personnel and mishandling players, iterating he hopes Cohen and new management will be more keen on treating players with respect: “All I plead is […]

New York MetsNew Mets owner Steve Cohen trolls Wilpons with splashy and charitable first moves in charge

A new era has started for the New York Mets. For the first time since January 1980, the Wilpons will no longer be involved with the team after it was sold for $2.4 billion to billionaire hedge fund manager Steve Cohen, a record amount for a US sports team.  As if to signal that the […]

New York MetsMets Twitter goes ecstatic after MLB approves Wilpons' sale to billionaire Steve Cohen

Billionaire Steve Cohen was approved as the new owner of the New York Mets on Friday, and the move is drawing plenty of chatter on Twitter. Former Mets catcher Mike Piazza called it a “special day” for all those with ties to the organization and wished Cohen well in this new venture: Very Excited for […]

New York MetsBillionaire Steve Cohen approved as new Mets owner by MLB

The New York Mets finally have some more stability in leadership. After a long negotiation, MLB owners have officially approved billionaire Steve Cohen as the new owner of the Mets after he purchased the team from the Wilpon family, per ESPN’s Jeff Passan. MLB owners have voted to approve Steve Cohen as the new owner […]

New York MetsNYC Mayor Bill de Blasio ignites controversy with attempt to nuke Mets sale to Steve Cohen

Steve Cohen thought his attempted purchase of majority ownership in the New York Mets is all wrapped up. However, New York City mayor Bill de Blasio has other ideas. According to a new report from The New York Post, De Blasio is on a mission to squash a deal in the 9th inning. Bill de […]

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