Cohen Says Mets Won’t Distract From His Investing ‘Passion’
- Billionaire is preparing to take control from the Wilpons
- Proposed deal values Mets franchise at MLB-record $2.6 billion
Steve Cohen
Photographer: Scott Eells/Bloomberg
Steve Cohen told his hedge fund’s clients that owning a Major League Baseball team won’t supplant his true passion: investing.
The billionaire, nearing a deal that would give him control of the New York Mets, said in a letter to investors that the move won’t change his role at Point72 Asset Management, where he is chief executive officer.