Steve Cohen’s Mets Spending Spree Nears $500 Million With Correa
The billionaire hedge fund manager is showing little concern with breaching the MLB luxury tax named after him.
New York Mets owner Steven A. Cohen
Photographer: Jim McIsaac/Getty ImagesThis article is for subscribers only.
Steve Cohen’s late-breaking heist for the New York Mets shocked the sports world — and further cemented his status as baseball’s biggest spender.
The billionaire investor, while reportedly on vacation in Hawaii, nabbed high-profile free agent Carlos Correa with a 12-year contract worth $315 million, sealing the deal while most Mets fans on the East Coast were asleep.