Break out the champagne, everyone: Steve Cohen has closed on his purchase of the Mets, officially taking over as the team’s new majority owner. A press conference is expected Tuesday per Joel Sherman, and Cohen himself confirmed the news on Twitter. With the offseason still in something of a holding pattern despite free agency opening last Sunday, the Mets’ new ownership group managed to gain control of the team without missing any major action. The Mets released a statement about Cohen’s purchase.
This news is definitely a formality more than anything, as the final hurdles were crossed last Friday when MLB’s other owners and the NYC law department approved the purchase.