Steve Cohen is the new King of Queens. The hedge fund billionaire announced on Twitter that his purchase of the New York Mets has been finalized.
It’s official , we are closed .
— Steven Cohen (@StevenACohen2) November 6, 2020
Cohen purchased the Mets for a record $2.475 billion. That’s actually a steal considering Cohen was originally slated to purchase the team for $2.6 billion in February.
The sale makes Cohen the wealthiest owner in MLB, by a long shot, and the second wealthiest in American professional sports.