Steve Cohen Reportedly to Blame for Mets Deal Falling Through
By Brendan Balsamo
New York Mets fans are in mourning on Friday. Just when it seemed the Mets were going to get out of a terrible ownership situation with the Wilpons by selling the team to billionaire Steve Cohen, the deal fell through.
According to multiple sources, since the deal became defunct, Cohen might now be blacklisted from ever buying an MLB team again.
He might not be able to buy an MLB team again https://t.co/00uOSSBPDL
— New York Post Sports (@nypostsports) February 7, 2020
Cohen wanted to buy 80 percent of the team up front from the Wilpons and slowly push them out of control. Cohen signed a deal to buy the team, yet opted to have Jeff Wilpon retain ownership for five years. Cohen had assumed he would be able to pull the strings and have Wilpon remain as a figurehead, but after being told that couldn't possibly work, Cohen balked on the deal.
Cohen had reportedly been trying to change the financial implications and the Wilpons' role in the deal, but not only would they not allow him to buy for less, there was no chance that Jeff Wilpon would have an insignificant role with the franchise moving forward.
Meddling Jeff Wilpon strikes again: “He is the owner and the de facto general manager,” said one source close to the team. “He does not want to give that up, even if everyone around him does.”
— Michael Mayer (@mikemayerMMO) February 6, 2020
https://t.co/UR8beug6zf
Mets fans were so badly hoping to finally escape the 18-year nightmare that is the Wilpon-Mets ownership. Unfortunately for them, Cohen reportedly ruined it for those who saw a bright light at the end of a dark tunnel because of his instability. Not only did Cohen ruin it for the fans, he scrapped any dream of buying an MLB team for himself.