Steve Cohen’s bid is still looming large over the Wilpons’ potential sale of the New York Mets. SNY could also be involved as well.
Daniel Kaplan of The Athletic is reporting that the New York Mets‘ sale is being hurt by Steve Cohen‘s presence. Sports bankers are telling Kaplan that potential buyers are afraid of being used as a “stalking horse” in the process.
Potential buyers are scared that they’ll put together a bid and the Wilpons will crawl back to Cohen. They don’t want to waste the time and effort to put together an offer if it’s not going to mean anything.