Steve Cohen Releases Statement After Losing Out on Majority Sale of Mets
New York Mets fans were given new hope with the announcement that Steve Cohen was set to take over majority control of the franchise. Then the news broke that Cohen had backed out of his deal and the Wilpon family would remain in control.
Fans were left wondering how this offseason could get any worse, though Cohen does remain a minority owner of the team. He finally broke his silence and released a statement regarding the whole situation.
Breaking: Steve Cohen says "I gave it my best shot" in trying to buy the Mets.
— Tim Healey (@timbhealey) February 7, 2020
“I’m very disappointed we couldn’t work out a deal," he said in a statement. "But as an 8% holder I’m looking forward to a higher bid for the team."
Cohen is a multi-billionaire so it is hard to feel too much sympathy after his failed bid to take controlling ownership of the team. However, Mets fans just wanted someone to seize control from the Wilpon family after so many disappointing seasons.
More from Steve Cohen, whose bid to become the Mets' majority owner fell through this week: “I want to thank the fans for their support and the respect they showed me and I want to thank Commissioner Manfred and MLB for their support through the process."
— Tim Healey (@timbhealey) February 7, 2020
Cohen is still a rich man and this failed bid to buy the Mets won't hurt his bottom line. What it does do is open up a new sale process that can result in any number of potential owners putting in bids.
Perhaps one day Cohen will take over the team after all. Until then, Mets fans are left hoping change will come soon.