Steve Cohen Closes on Mets Sale as Team Announces Front Office Departures

Steve Cohen, now officially the majority owner of the New York Mets, wasted no time in restructuring the organization to his liking.

The hedge fund titan closed on his $2.42 billion purchase of the Major League Baseball team on Friday, assuming control from the Katz and Wilpon families.

“I want to thank everybody who helped make this happen,” Cohen said in a statement. “The 2021 season is right around the corner and we’ve got a lot of work to do, so I’m excited to get started. Let’s go Mets.”

Within hours, it was announced by recently-hired Mets team president Sandy Alderson that General Manager Brodie Van Wagenen and most of the front office won’t be returning for the 2021 season.

Special Assistant to the general manager Omar Minaya, assistant general managers Allard Baird and Adam Guttridge and executive director of player development Jared Banner will also be leaving the organization.

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