Steve Cohen’s Mets Dream Keeps Unraveling With DUI Bust for Acting GM

Point72 founder bought the team for $2.5 billion in December
Mets had losing streaks in August before acting GM’s arrest

Steve Cohen speaks with Mets players during a spring training workout in Port St. Lucie, Florida, on Feb. 27.Photographer: Alejandra Villa Loraca/Newsday/Getty Images

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By Chris Dolmetsch

September 1, 2021 at 11:03 PM UTC

Updated on

September 2, 2021 at 5:59 PM UTC

This article is for subscribers only.

Everything seemed to be going right for Steve Cohen and the New York Mets.

The billionaire bought the Major League Baseball franchise in December for about $2.5 billion, beating out Alex Rodriguez and Jennifer Lopez for the right to own the team he has supported since childhood. His backing gave Mets fans visions of World Series titles -- especially after the team moved into first place in its division in April and stayed there through July.