Skip to content

Photographer: Al Bello/Getty Images

deals

NY Mets Said to Be for Sale With No Preconditions on Control

  • Allen & Co. will begin new sales process for Mets immediately
  • Deal with billionaire Steve Cohen died over issue of control

The proposed sale of the New York Mets to billionaire hedge fund titan Steve Cohen was scuttled by disagreement over a clause that would have allowed the current owners to control the franchise for five years after the deal had closed.

That probably won’t happen again.