Four Points Flushing. The Official Hotel of the Queens Baseball Convention and The

Friday, October 30, 2020

MLB Owners Approve Steve Cohen to Buy the Mets. Twitter responds.

From the NY POST

Steve Cohen’s got the votes to become the Mets’ next owner.

The hedge-fund billionaire on Friday received the necessary 75 percent of the vote by MLB owners, completing his $2.4 billion transaction with Fred Wilpon and Saul Katz to become the team’s majority owner and control person.

All that stands between the 64-year-old Cohen and the deal becoming official is Mayor Bill de Blasio’s sign-off — because Citi Field is on city property, the mayor has the right to vet a new Mets owner.

As The Post has reported in recent days, de Blasio has been searching for legal loopholes that would block Cohen. Two law firms hired by the Mets to study the matter both concluded the mayor would be without legal standing in trying to block Cohen. 

Read more here.

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