Cohen buying the Mets (Post # 134, Team to be put up for auction)

[Paulie6986]

Nope, it’s just to get clicks

DeBlasio just wants attention.

If this true, it makes zero sense. I guess he's looking for NY Mets fans anger. Besides, he would be looking at lost taxes that NYC so desperately needs.

Correct me if I'm wrong here.

[Sick Of It All]

https://twitter.com/martinonyc/statu...714942469?s=21

[Zmaster52]

Any idea what Reinsdorf is concerned about?

Probably two things.

One, he’s friends with the Wilpon’s and doesn’t wanna see them go

But I think the bigger reason is that since he’s regarded as one of the cheapest owners in baseball, having a big time guy in there might be a threat to him.

Wouldn’t be surprised if the Pirates owner jumped on board. Maybe the Braves, Phillies, and Nats say no just because of the threat. Who knows.


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[Sick Of It All]

Reinsdorf has long been a staunch Cohen adversary and successfully lobbied against his bid to buy the Dodgers in 2012. Around the same time, Cohen’s hedge fund, SAC Capital, pled guilty to criminal insider-trading charges and agreed to pay a record $1.8 billion fine. Cohen himself was not criminally charged.

NJ.com

Also he is a mentor to Alex Rodriguez and very close to him, so he wants him to own the Mets.

[Sick Of It All]

https://twitter.com/jonheyman/status...836288514?s=21

[Sick Of It All]

https://twitter.com/jonheyman/status...824245259?s=21

[Halfmiler2]

If this true, it makes zero sense. I guess he's looking for NY Mets fans anger. Besides, he would be looking at lost taxes that NYC so desperately needs.

Correct me if I'm wrong here.

Nobody said the guy is rational.
But he does love attention.

[eeek78]

Nobody said the guy is rational.
But he does love attention.

https://nypost.com/2020/10/28/bill-d...o-steve-cohen/

[Sick Of It All]

To any Mets fan who doesn’t want to believe, despite all evidence to the contrary, that New York City mayor Bill de Blasio’s resistance to the Mets sale was a thing, we have bad news: It’s definitely a thing.

Now for the better news: Steve Cohen will still be approved in a vote on Friday of MLB owners, according to sources.

Back to bad news: The sale can’t close anyway until de Blasio signs off.

According to league sources, the mayor recently called the commissioner’s office and informed Rob Manfred of his opposition to the sale. The New York Post was first to report the call.

De Blasio spokesman Bill Neidhardt confirmed that call, but characterized it differently, saying "The NYC Law department is doing their due diligence of examining a new lease on incredibly valuable city-owned land. That's what the call was about ... he called to discuss the review process."

Despite that, parties involved in the sale continue to believe that the mayor will ultimately approve. They have been working to figure out how to satisfy his concerns.

As first reported by USA Today, de Blasio has the right to block the sale to “any person that has been convicted in a criminal proceeding for a felony or any crime involving moral turpitude.’’

The company that Cohen founded, S.A.C. Capital, pleaded guilty in 2018 to securities fraud and wire fraud and paid $1.8 billion in fines. Cohen was not personally charged with a crime, making it unclear what grounds de Blasio would have to block the deal.

But according to sources, Cohen’s connection to S.A.C. Capital is enough for the mayor to weigh invoking this clause. Cohen opposes that position, of course, and might ultimately prevail -- but any delay could at minimum weaken team president Sandy Alderson’s ability to prepare a front office and roster for the 2021 season.

People directly involved in the sale process admit that they are unsure when this wrinkle will resolve.

[Sick Of It All]

**** this mother ****er!

[ManningToTyree]

De blasio really trying to not get reelected.


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[Sick Of It All]

https://twitter.com/mikevacc/status/...419575809?s=21

[Sick Of It All]

De blasio really trying to not get reelected.


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He can’t because of term limits.


Anyways hoping for Andrew Yang to run.

But this dude really trying to piss off as many New Yorkers as possible on his way out.

[wiley6]

I will burn Gracie Mansion to ****ing ground if De Blasio ****s this up!

[metswon69]

The talk is that DeBlasio has no real legal ground to do anything even if he wanted to and that if he did intervene, Cohen would sue and win. Sounds like a lot of smoke but it gets clicks because it plays into Met fans worst fears.