According to multiple reports, Steve Cohen‘s bid to purchase the New York Mets has been approved at Friday’s owners’ meeting. He is set to take over as the new owner of the team immediately.
New York City Mayor Bill de Blasio is still reviewing the sale and could potentially block it, but that’s not expected to be a major problem. There are questions if he even has the legal right to do so.
This news has been nearly a year in the making. Cohen and the Wilpons originally agreed to a $2.6 billion deal in December 2019.