Report: Steve Cohen Submits Bid to Purchase Mets from Fred Wilpon

Billionaire hedge fund manager Steve Cohen has placed a bid to purchase the New York Mets, per Tim Healey of Newsday.

The 64-year-old has previously been in the running to purchase the team and even struck a deal with majority owner Fred Wilpon on an agreement to buy the National League East franchise.

The deal broke down over a matter of control, however, with Josh Kosman and Thornton McEnery of the New York Post reporting the following in February: "The hedge fund billionaire months ago signed a non-binding deal to buy the Mets, called a term sheet, in which Cohen would gain more than half of the team's equity immediately but leave Fred Wilpon as the Mets control person for five years…