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Hedge fund manager Steven Cohen in talks to buy MLB’s New York Mets

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Yoenis Cespedes of the New York Mets stands in the on deck circle in front of cardboard fans during a preseason game at Citi Field on July 18, 2020.

Al Bello | Getty Images Sport | Getty Images

Steven Cohen, the billionaire hedge fund manager, has entered exclusive negotiations to buy the New York Mets, according to numerous sources close to the sale process.

Cohen, who had been very close to a deal to acquire the Major League Baseball team for a price of roughly $2.6 billion late in 2019, has fended off challenging bids from a group of investors led by Alex Rodriguez and Jennifer Lopez, as well as a bid from a group led by private equity titans Josh Harris and David Blitzer.

While Cohen has…



Source cnbc.com

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