Originally written on Mets Merized Online  |  Last updated 2/2/12

26 Oct 1998: Mike Piazza of the New York Mets shakes hands with Mets Owners Fred Wilpon (R) and Nelson Doubleday (L) during a Press Conference in New York City, New York. Mandatory Credit: Jamie Squire /Allsport
According to Bill Shaikin of the Los Angeles Times, billionaire investment manager Steve Cohen, who  is set to become one of the $20 million minority investors in the New York Mets. The deal would not preclude Cohen from pursuing the Dodgers, according to two people familiar with the transaction but not authorized to discuss it. Shakin speculates that Cohen’s motivation in buying a 4 percent share of the Mets is to have a “more favorable position” toward reaching majority ownership if Fred Wilpon and family falter. Although Adam Rubin of ESPN does point out that the minority shares have no direct route to a majority stake in the Mets. Earlier this week it was reported that the Mets are close to finalizing the sale of all ten minority shares and that those deals could close by the end of February. Cohen, whose net worth is estimated at $8.3 billion by Forbes, is the founder of SAC Capital Advisors, a Connecticut-based investment firm.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Seahawks went on Hawaiian vacation to ease SB tension

Robert Kraft: Deflategate 'most overblown story' in NFL

Top 10 storylines for Week 1 of college football season

Jim Tressel once sent touching note to family of Michigan OL

Sony cut 'Concussion' scenes to avoid angering NFL

Ryan Clark: Trent Richardson is 'worst RB of all time'

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: David Feherty won't be back at CBS Sports

Warren Moon: RG3 needs to start taking the blame

Lovullo: I don’t see Hanley Ramirez playing left field again in 2015

Judge Berman’s one-sentence order repeats Deflategate decision timeline

Ishmael Adams suspended indefinitely following arrest

McNair: Pats caused problem by not cooperating with Deflategate

Jack Eichel plans to move in with teammate Matt Moulson

Report: Bills GM 'went rogue’ in cutting Fred Jackson

Terrance Knighton irked by Redskins-Kardsashians comparison

Connor Cook on not being named Michigan State captain: 'It stinks'

Danny Amendola’s advice to those on roster bubble? ‘Control what you can’

Dallas Cowboys: Rookies to watch

Apple reportedly sought exclusive rights to new Bill Simmons podcast

One of Clemson’s 1981 national championship trophies broke

Milan Lucic says playing with Canucks is ‘dream of mine’

Underdogs: Hopefuls that can shock in the World Cup

WATCH: Victoria Azarenka rips chair umpire at US Open

Bill O’Brien starts charity swear jar for cursing on ‘Hard Knocks’

Dikembe Mutombo teared up when Hawks announced franchise will retire his jersey

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Top 10 storylines for Week 1 of college football season

Underdogs: Hopefuls that can shock in the World Cup

Manfred digs Shoeless Joe a deeper grave

Why Mike Trout ain't right

The Opening Drive: Jamal Anderson warns UM fans before heading to Salt Lake City

Best and worst MLB players in August

RG3 blames intern for liking Instagram post trashing owner

Four most surprising roster cuts from NFL teams

Raiders cut Trent Richardson

Caroline Wozniacki smoking cover of ‘Rhapsody’

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker