Sandy Alderson will be returning to the New York Mets as the team's president under new owner Steve Cohen.
The deal is contingent on the sale of the Mets from the Wilpon and Katz families to Cohen being approved by Major League Baseball club owners. At least 23 of the 30 owners will need to approve the transaction.
"If I am fortunate enough to be approved by Major League Baseball as the next owner of this iconic franchise, Sandy Alderson will become president of the New York Mets and will oversee all Mets baseball and business operations," Cohen said Thursday in a statement obtained by the New York Post.