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Search results for wilpon

Mets have top payroll, Dodgers drop with Bauer suspension
2 years, 3 months ago

Mets have top payroll, Dodgers drop with Bauer suspension

Associated Press  

NEW YORK — The Mets are on track to have baseball’s highest payroll for the first time since 1989, among a record-tying six teams set to pay a penalty for spending. The Mets’ spending rose from $146 million in 2019 to $199 million last year, the first season after the pandemic, and negotiators said last March a new tax threshold …

Tax New York Season Yankees Dodgers Mets Mlb
Alderson cites perception change for decision to step down
2 years, 3 months ago

Alderson cites perception change for decision to step down

Associated Press  

NEW YORK — Sandy Alderson has achieved one of the goals he set upon his return to the New York Mets. Anyway I’m looking for a little different cadence, I guess is the right word.” Alderson hired Jared Porter as general manager, and Porter was fired in January 2021 after 38 days over revelations of sexually explicit text messages. Billy …

New York Mets Mlb General Manager Alderson
Larger than life: Mets unveil Seaver statue at Citi Field
2 years, 8 months ago

Larger than life: Mets unveil Seaver statue at Citi Field

Associated Press  

NEW YORK — The Franchise is finally on display outside Citi Field. A long-awaited statue of pitcher Tom Seaver was unveiled Friday by the New York Mets in a 40-minute ceremony that began about 2 1/2 hours before their home opener against Arizona. “When I was a kid, when I thought of the Mets, I thought of Tom Seaver,” said …

New York Statue Era Rose Tom Citi Field Life Mets
Francisco Lindor all smiles after trade from Indians to Mets
3 years, 11 months ago

Francisco Lindor all smiles after trade from Indians to Mets

Associated Press  

NEW YORK — Francisco Lindor smiled widely for a full 40 minutes, enthralled to join a New York Mets team bulking up under new owner Steven Cohen. I’m living the life I always wanted, so I don’t see why not.” Cleveland traded the four-time All-Star to New York along with pitcher Carlos Carrasco on Thursday for infielders Andrés Giménez and …

New York Million Mets Indians Cleveland Francisco Lindor
Billionaire hedge fund manager Cohen agrees to buy Mets
4 years, 3 months ago

Billionaire hedge fund manager Cohen agrees to buy Mets

Associated Press  

NEW YORK — Billionaire hedge fund manager Steve Cohen has agreed to buy the New York Mets from the Wilpon and Katz families. Cohen first bought into the Mets when the team sought $20 million in minority investment stakes following the collapse of Bernard Madoff’s Ponzi scheme, which heavily cost the Wilpons and their companies. The limited partnership shares were …

Team Million Mets Katz Cohen Sac Wilpon
AP source: A-Rod retains JP Morgan in bid for New York Mets
4 years, 8 months ago

AP source: A-Rod retains JP Morgan in bid for New York Mets

Associated Press  

NEW YORK — Alex Rodriguez, once again, wants to be like Derek Jeter. A-Rod and Jennifer Lopez, who are engaged, have retained J.P. Morgan to represent them in raising capital for a possible bid for the New York Mets. The 14-time All-Star started his career with Seattle, signed a record contract with Texas in December 2000, and then moved from …

New York Mets
Manfred, Mets say sale from Wilpons to Cohen is off
4 years, 11 months ago

Manfred, Mets say sale from Wilpons to Cohen is off

Associated Press  

ORLANDO, Fla. — Baseball Commissioner Rob Manfred and the New York Mets say talks have ended over the proposed sale of a controlling share of the team from the families of Fred Wilpon and Saul Katz to hedge fund manager Steve Cohen. The Mets said Dec. 4 the contemplated deal between Sterling Partners and Cohen would have allowed 83-year-old Fred …

Team Mets Mlb Cohen Controlling Sac Million Sale
Cohen to increase stake in Mets; Wilpons remain in control
5 years, 1 month ago

Cohen to increase stake in Mets; Wilpons remain in control

Associated Press  

NEW YORK — A hedge fund manager whose company paid $1.8 billion in U.S. criminal and civil settlements is in negotiations to increase his stake in the New York Mets, who left open the possibility he eventually could become controlling owner. The team said Wednesday the deal between Sterling Partners and Steve Cohen would allow 83-year-old Fred Wilpon to remain …

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