Steve Cohen signs $2.4 BILLION deal to buy Mets after outbidding Alex Rodriguez ...

Steve Cohen signs $2.4 BILLION deal to buy New York Mets after outbidding Alex Rodriguez and Jennifer Lopez for MLB's 'sixth most valuable club' Hedge fund manager Steve Cohen has signed an agreement to purchase the New York Mets from longtime owners Fred and Jeff Wilpon for $2.4 billion  The deal is believed to be a record for a North American sports franchise  Cohen had long been considered the favorite to buy the team, given his immense wealth, believed to be over $14 billion, according to Forbes He reportedly withdrew an earlier bid amid internal disputes with the Wilpons before ultimately outbidding a group led by Alex Rodriguez and Jennifer Lopez  Lopez and Rodriguez reportedly included $300million, personally, for their bid The sale is subject to the approval of Major League Baseball franchise owners  The New York Mets are currently 21-26 in this pandemic-shortened season 

By Alex Raskin Sports News Editor For Dailymail.com

Published: 23:08 BST, 14 September 2020 | Updated: 23:35 BST, 14 September 2020

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Hedge fund manager Steve Cohen has signed an agreement to purchase the New York Mets from longtime owners Fred and Jeff Wilpon for a reported $2.4 billion after outbidding local power couple, Jennifer Lopez and Alex Rodriguez.

MLB Network's Jon Heyman was the first to report the sale, which, according to Joel Sherman of the New York Post, is a record for a North American sports franchise.

'I am excited to have reached an agreement with the Wilpon and Katz families to purchase

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