Deals
Mets in Talks to Sell 80% of Team to Investor Steve Cohen
- Deal would value Major League Baseball club at $2.6 billion
- The billionaire would take control of team after five years
The owners of the New York Mets are in talks to sell up to an 80% stake of the Major League Baseball team to billionaire Steve Cohen, who is already an investor in the club, according to a person familiar with the matter.
The transaction would value the team at a baseball-record $2.6 billion, said the person, who asked not to be identified because the discussions are private. The Mets confirmed the talks in a statement.