• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Larry Brown Sports

Larry Brown Sports

Brown Bag it, Baby

  • Home
  • Blog View
  • NFL
  • NCAAF
  • NBA
  • MLB
  • Media
  • Headlines
  • Podcast
BaseballFeatured StoriesNew York MetsSteve Cohen

Report: Steve Cohen’s deal to buy Mets falls apart after negotiations go sour

February 4, 2020 by Larry Brown • Comments
FacebookTweetLinkedInRedditThreadsWhatsAppEmail

Steve Cohen’s purchase of the New York Mets is falling apart after negotiations went sour at the last minute, according to a report.

The New York Post reported on Tuesday that Cohen is ending negotiations with the Mets for his 80 percent stake in the team at a valuation of $2.6 billion.

Here is what Thomas McEnery said in his report:

“According to those sources, Cohen is deeply unhappy with the Wilpons changing the terms of the deal at a very late stage and has decided to walk away.”

The Mets issued a statement in response to the report, saying they cannot speak about it due to a confidentiality agreement.

Statement from #Mets ownership on reports that Steve Cohen is backing out of deal to purchase majority stake in club: “The parties are subject to confidentiality obligations, including a mutual non-disclosure agreement, and therefore cannot comment.”

— Ken Rosenthal (@Ken_Rosenthal) February 4, 2020

Rumblings about the deal falling apart were first mentioned by Barstool Radio host Kevin Clancy (KFC). KFC, who is a big Mets fan, said on the air that Cohen wanted to take over the team now rather than in five years, and that there was a dispute over the team’s TV network — SNY.

Oh No! Rumor has it Steve Cohen is out on buying The Mets. Pray for @KFCBarstool pic.twitter.com/NAUZcH1R4M

— Barstool Radio (@BarstoolRadio) February 4, 2020

Cohen reportedly already owned an 8 percent stake in the Mets, which was set to grow to 80 percent in five years as part of his deal to become majority owner of the team.


  • i want more great stories!

Sign up today for free and get the best sports content sent to your inbox.

You can unsubscribe anytime. For more details, review our Privacy Policy.

.
LBS iPhone App
Get the App

Follow Us

Get instantly notified of the most viral news stories via Google!

  • Trending stories

Angel Reese yelling at Caitlin Clark

Angel Reese gets heated with Caitlin Clark after hard foul in WNBA opener

6 days ago
Ryan Clark looks on

Ryan Clark addresses accusation from ex-teammate

2 days ago
Ryan Clark looks on

Report: ESPN colleagues want Ryan Clark disciplined over Robert Griffin III comments

3 days ago
Ryan Clark in a blue suit

Ex-Steelers RB claims Ryan Clark has child with white woman

3 days ago
Angel Reese shoots during warmups

Angel Reese issues 8-word response to Caitlin Clark’s flagrant foul on her

6 days ago

Sidebar

© 2025 · LB Sports Media Group Inc

  • X
  • Facebook
  • YouTube
  • Instagram
  • RSS Feed
  • About
  • Contact
  • Editorial Process
  • Staff Writers
  • Privacy Policy
Dedicated to the memory of Nevil Vega