New York Mets fans were shocked when the Wilpons announced they were selling the team in December of 2019. The deal would have seen Wall Street mogul Steve Cohen purchase the team for an MLB record $2.6 billion.
That deal wound up falling apart due to a five-year window of ownership. The Wilpons wanted five more years in control of the franchise and Cohen hated that idea. So, Cohen tried to change the deal at the last minute and everything fell apart.
That hasn’t stopped the Wilpons from looking for new buyers. Debt has piled up for the kings of Queens and they can no longer afford to run the team.