Steve Cohen’s opinion of his New York Mets is a lot higher than his outlook on the economy under President Donald Trump. Cohen traveled to Miami Beach, Florida from Mets spring training in Port St. Lucie for the Future Initiative Institute’s Summit.
Days before Pete Alonso agreed to return to the Mets, he met at a Tampa social club with his agent, Scott Boras, Mets owner Steve Cohen and president of baseball operations David Stearns. The agenda was simple.
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.
While Hal Steinbrenner still funds one of the game’s highest payrolls on an annual basis, the Yankees have trailed teams like the World Series-winning Dodgers, owned by the Guggenheim Group, and Steve Cohen’s Mets in recent years.
US growth is likely to slow in the second half of the year as tariffs, tighter immigration laws and government cost-cutting efforts led by Elon Musk weigh on the economy, billionaire Steve Cohen said.
In search of their first World Series title since 1986, the Mets lost to the Dodgers in last year’s NL Championship Series. After signing Juan Soto and others, Cohen estimated his team’s payroll at $325 million.
After signing Juan Soto to a record $765 million, 15-year contract and reaching deals with Pete Alonso, Sean Manaea, Clay Holmes, Frankie Montas, and others, Cohen estimated his team’s payroll at $325 million.
New York Mets owner Steve Cohen wasn't planning on spending as much on the 2025 roster as he has. Speaking to The Athletic's Tim Britton, Cohen explained he "blew through" the original payroll projections in part because free agency proved more expensive than he thought it would be.
"I've always wanted to be a little more measured in payroll growth, and then we get there and it's never quite there,” Cohen said Tuesday.
Mets owner Steve Cohen wants a winner, but says excessive spending isn't "the most optimal way to run a team" and would like to see the farm system produce talent.
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.
Cubs chairman Tom Ricketts is having problems hearing that it takes money to win games. Jonathan Daniel/ Share Mets owner Steve Cohen isn’t particularly happy that he’s piling $325 million into his team’s payroll this season,
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