Master Index of Archived Threads


Steve Cohen Approval Thread

Benjamin Grimm Sep 30 2020 07:21 AM

It was originally expected that the vote on Cohen's purchase of the Mets would be voted on at the November winter meetings, but Manfred has hinted that he'd like to get it done in October. Hopefully that will happen; the Mets should be able to be represented by their new administration at the winter meetings.

Lefty Specialist Sep 30 2020 07:58 AM Re: Steve Cohen Approval Thread

The sooner the better. Help the Wilpons pack if you have to.

MFS62 Sep 30 2020 09:31 AM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: It was originally expected that the vote on Cohen's purchase of the Mets would be voted on at the November winter meetings, but Manfred has hinted that he'd like to get it done in October. Hopefully that will happen; the Mets should be able to be represented by their new administration at the winter meetings. Follow the money. Some agents might have pointed out to Manfred that a late approval would give the Mets a late start in free agent signing season. And that would leave a lot of Cohen money out of the chase. Later

Benjamin Grimm Sep 30 2020 10:29 AM Re: Steve Cohen Approval Thread

I don't know. Lately it seems that the big free agents don't get signed until January. And COVID will probably slow things down too. There's a lot of uncertainty about next season.

Lefty Specialist Sep 30 2020 11:02 AM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: I don't know. Lately it seems that the big free agents don't get signed until January. And COVID will probably slow things down too. There's a lot of uncertainty about next season. Well, if there's one guy who can afford to pay top free-agent money for a player to perform in an empty stadium all year, that guy is Steve Cohen.

Edgy MD Sep 30 2020 11:10 AM Re: Steve Cohen Approval Thread

I think I'll wait until evidence is available before declaring Steve Cohen the most profligate spender above all others.

Frayed Knot Sep 30 2020 01:01 PM Re: Steve Cohen Approval Thread

Or, that that, just by itself, is automatically a good thing. What I suspect Manfred is saying here is that, while we usually handle things via our regularly scheduled calendar, the transfer of a major market franchise is worthy of being dealt with on its own.

nymr83 Sep 30 2020 01:32 PM Re: Steve Cohen Approval Thread

Frayed Knot wrote: Or, that that, just by itself, is automatically a good thing. What I suspect Manfred is saying here is that, while we usually handle things via our regularly scheduled calendar, the transfer of a major market franchise is worthy of being dealt with on its own. or he is saying "$ave u$ $teve!!!"

kcmets Sep 30 2020 02:27 PM Re: Steve Cohen Approval Thread

When a team changes hands do the other owners get some kind of fee or kickback?

Frayed Knot Sep 30 2020 02:33 PM Re: Steve Cohen Approval Thread

Expansion, yes. Sale, no. Unless Stevie's into a little bribery, that is, in order to make sure that the sale goes through.

Edgy MD Sep 30 2020 04:32 PM Re: Steve Cohen Approval Thread

I wasn't sure if he meant the owners of the other MLB teams or the Mets minority owners. I'm not clear if Mr. Cohen is buying out them as well. Since about 90% of them are members of the Wilpon family, corporate subsidiaries of Sterling, or Cohen himself, it's probably not going to complicate matters much either way.

kcmets Sep 30 2020 08:03 PM Re: Steve Cohen Approval Thread

Frayed Knot wrote: Expansion, yes. Sale, no. I guess I kinda knew as much. Got suspicious that a big ticket sale getting fast- tracked might be because the owners were looking to whet their beaks.

nymr83 Oct 01 2020 09:56 AM Re: Steve Cohen Approval Thread

Maybe Manfried needed to promise Tony Clark that Cohens checkbook is arriving sooner.

MFS62 Oct 01 2020 01:06 PM Re: Steve Cohen Approval Thread

Maybe Manfried needed to promise Tony Clark that Cohens checkbook is arriving sooner. That's what I meant, but Ben doesn't think the timing will be that important to free agent spending. But I adhere to the saying "Get there firstest with the mostest". Later

Benjamin Grimm Oct 01 2020 01:18 PM Re: Steve Cohen Approval Thread

I just looked it up... the winter meetings start on December 6. I had read that the vote was scheduled for the winter meetings in November, but one part of that is obviously wrong. If the meetings are in December and the vote is in November, that's a very different story. The vote should definitely be held before the winter meetings.

MFS62 Oct 01 2020 01:48 PM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: I just looked it up... the winter meetings start on December 6. I had read that the vote was scheduled for the winter meetings in November, but one part of that is obviously wrong. If the meetings are in December and the vote is in November, that's a very different story. The vote should definitely be held before the winter meetings. I think you're right about what you had read. Maybe they were thinking of holding the vote around the time of the General Managers meeting, usually held about a month before the "winter meetings". This year, they'll be holding that remotely. Will the vote be the same? I have no info on that. Later

nymr83 Oct 13 2020 05:14 PM Re: Steve Cohen Approval Thread

News today that Cohen reached out to the unions representing citi field seasonal workers and offered them 500/month per person, a total commitment just under 3 million, during the off season to help everyone out. Yay Cohen!

MFS62 Oct 13 2020 06:47 PM Re: Steve Cohen Approval Thread

News today that Cohen reached out to the unions representing citi field seasonal workers and offered them 500/month per person, a total commitment just under 3 million, during the off season to help everyone out. Yay Cohen! Not only will he be investing in his seasonal workers, he wants to invest in technology, too. From SNY: https://sports.yahoo.com/steve-cohen-plans-mets-technological-150322472.html Yay Cohen! Later

Centerfield Oct 14 2020 07:41 AM Re: Steve Cohen Approval Thread

Gotta love everything we are reading so far. I think to make a good owner, one has to be: 1. Rich enough to fund a big market payroll 2. Smart enough to hire good baseball people to run the team 3. Humble enough to stay out of the way The Wilpons were 0 for 3. The rumblings around Cohen suggest he will hit the first two. The third remains to be seen.

Benjamin Grimm Oct 14 2020 08:17 AM Re: Steve Cohen Approval Thread

https://memegenerator.net/img/instances/81663742.jpg>

Johnny Lunchbucket Oct 14 2020 09:44 AM Re: Steve Cohen Approval Thread

I was interviewing a consultant I know who works with private equity guys for work and we always end our conversations with baseball. He says his familiarity with Cohen indicates he'd be willing to spend like crazy within the confines of a "plan" based on increasing long-term franchise value, and smart leadership, generally what PE guys do.

kcmets Oct 14 2020 12:10 PM Re: Steve Cohen Approval Thread

So how do we find out when this is official? Not that it's important and once is gets out there the whole metzernet will probably explode. Manfred/MLB, Cohen/team of- ficials or a tweet from Jon Heyman? I hope it doesn't drag on now that the fast track carrot thing was dangled in front of our muzzles. It hasn't sunk into me yet that the Wilpons are going bye bye.

Benjamin Grimm Oct 14 2020 12:40 PM Re: Steve Cohen Approval Thread

From what I hear, nothing is going to happen until after the World Series.

kcmets Oct 14 2020 12:54 PM Re: Steve Cohen Approval Thread

That's fair enough, so October 29th!

smg58 Oct 14 2020 12:56 PM Re: Steve Cohen Approval Thread

=Centerfield post_id=48516 time=1602682913 user_id=65] Gotta love everything we are reading so far. I think to make a good owner, one has to be: 1. Rich enough to fund a big market payroll 2. Smart enough to hire good baseball people to run the team 3. Humble enough to stay out of the way The Wilpons were 0 for 3. The rumblings around Cohen suggest he will hit the first two. The third remains to be seen.

You need 1 (or at least somebody who cares more about winning than profit margin), but 2 is more important. The Wilpons were clueless before they were cheap.



As for 3, we're talking billionaires here. Humility would be awesome, but I'm not getting my hopes up.

MFS62 Oct 14 2020 01:14 PM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: From what I hear, nothing is going to happen until after the World Series. Heard earlier this week that the owners have "no problem" with Cohen, but no formal vote taken yet. Later

batmagadanleadoff Oct 14 2020 03:45 PM Re: Steve Cohen Approval Thread

=smg58 post_id=48534 time=1602701818 user_id=62] =Centerfield post_id=48516 time=1602682913 user_id=65] Gotta love everything we are reading so far. I think to make a good owner, one has to be: 1. Rich enough to fund a big market payroll 2. Smart enough to hire good baseball people to run the team 3. Humble enough to stay out of the way The Wilpons were 0 for 3. The rumblings around Cohen suggest he will hit the first two. The third remains to be seen.

You need 1 (or at least somebody who cares more about winning than profit margin), but 2 is more important. The Wilpons were clueless before they were cheap.



As for 3, we're talking billionaires here. Humility would be awesome, but I'm not getting my hopes up.




I'm not so sure that the Wilpons were clueless when it came to hiring. I think their less than stellar hiring choices were by design and due to circumstances. By design because they were serial meddlers, micro-managing everything and not too humble to stay out of the way. Therefore, they tended to stay away from strong, established hires that would stand up to them. And by circumstances because they were serial, meddling micro-managers. So who the hell would want to work for them, if they had other options?



Anyway, good riddance. And don't let the barn door hit them on the horses they rode in on. I have a feeling we've seen the last of the three page threads debating whether den Dekker or Nieuwenhuis.

batmagadanleadoff Oct 14 2020 03:50 PM Re: Steve Cohen Approval Thread

Not only will he be investing in his seasonal workers, he wants to invest in technology, too. From SNY: https://sports.yahoo.com/steve-cohen-plans-mets-technological-150322472.html I read that article a few days ago. It appears that while most of baseball were the Jetsons with their technology, the Mets were the Flinstones. It's like one of those terribly underfunded schools where 40 kids in a classroom have to share two computers. Sad.

Centerfield Oct 15 2020 06:32 PM Re: Steve Cohen Approval Thread

It's pretty evident that all the bad luck we've complained about had nothing to do with luck at all.

bmfc1 Oct 15 2020 08:04 PM Re: Steve Cohen Approval Thread

The part of the Post article about the advanced technology that other teams bought but the Mets were only table to rent for a day was maddening.

MFS62 Oct 17 2020 01:26 PM Re: Steve Cohen Approval Thread

From SNY: According to Ken Davidoff of The New York Post, Steve Cohen met virtually with the Ownership Committee about two weeks ago. His "ingratiation into the ownership fraternity has proceeded smoothly, according to multiple industry sources," Davidoff said. Once that committee signs off on the purchase, the Executive Council will do the same, followed by a team-by-team vote. The vote could occur as soon as a week after the conclusion of the World Series. Later

Benjamin Grimm Oct 20 2020 12:14 PM Re: Steve Cohen Approval Thread

Steve Cohen's New York Mets Bid Approved by MLB's Ownership Committee Steve Cohen's bid to buy the New York Mets was approved by Major League Baseball's Ownership Committee, all but assuring the hedge fund titan will be the team's new owner, according to people familiar with the matter. The Ownership Committee, chaired by Pittsburgh Pirates Chairman Bob Nutting, reviewed the vetting of Cohen and details of the proposed transaction, said the people, who were granted anonymity because the matter is private.

MFS62 Oct 20 2020 12:26 PM Re: Steve Cohen Approval Thread

Recuse himself? I'm surprised Wilpon didn't try to up the price. Later

bmfc1 Oct 21 2020 05:48 AM Re: Steve Cohen Approval Thread

The first vote approving Cohen was 7-1. Speculation is that Jerry Reinsdorf was the lone "no". Perhaps he is upset that A. Rodriguez will not be the Mets owner: https://twitter.com/AROD/status/1216414391039479809

Johnny Lunchbucket Oct 21 2020 10:48 AM Re: Steve Cohen Approval Thread

Reinsdorf was also a close ally of Fred. That was one area where Fred and Doubleday differered in that Nelson thought Reinsdorf was a shit for drafting Seaver

G-Fafif Oct 21 2020 10:53 AM Re: Steve Cohen Approval Thread

Hizzoner could get in the way of thizzowner. While MLB owners are scheduled to vote Nov. 17 on whether to approve Cohen at their owners' meetings in Dallas, New York City Mayor Bill de Blasio could torpedo Cohen's plans before it even reaches a vote. The 2006 Stadium Lease Agreement between the New York City Industrial Development Agency and Queens Ballpark Company provides the city consent rights to deny the Mets and their stadium be transferred to a person who has committed a felony. Cohen was never charged with a crime, but in 2013 his former hedge-fund company, S.A.C. Capital Investors, pleaded guilty to securities fraud and wire fraud. The company agreed to pay $1.8 billion in fines in one of the largest criminal cases against a hedge fund. Cohen, in a civil suit with the U.S. Securities and Exchange Commission, was prohibited from managing outside money for two years. https://www.usatoday.com/story/sports/mlb/columnist/bob-nightengale/2020/10/21/bill-de-blasio-new-york-mets-sale-steve-cohen/6005796002/

MFS62 Oct 21 2020 10:57 AM Re: Steve Cohen Approval Thread

If de Blasio pursues this, it might be viewed as the most anti-New York action ever taken by a New York City mayor. He will be vilified as this generation's O'Malley by countless (voting) New York sports fans. Later

batmagadanleadoff Oct 21 2020 11:08 AM Re: Steve Cohen Approval Thread

Hizzoner could get in the way of thizzowner. While MLB owners are scheduled to vote Nov. 17 on whether to approve Cohen at their owners' meetings in Dallas, New York City Mayor Bill de Blasio could torpedo Cohen's plans before it even reaches a vote. The 2006 Stadium Lease Agreement between the New York City Industrial Development Agency and Queens Ballpark Company provides the city consent rights to deny the Mets and their stadium be transferred to a person who has committed a felony. Cohen was never charged with a crime, but in 2013 his former hedge-fund company, S.A.C. Capital Investors, pleaded guilty to securities fraud and wire fraud. The company agreed to pay $1.8 billion in fines in one of the largest criminal cases against a hedge fund. Cohen, in a civil suit with the U.S. Securities and Exchange Commission, was prohibited from managing outside money for two years. https://www.usatoday.com/story/sports/mlb/columnist/bob-nightengale/2020/10/21/bill-de-blasio-new-york-mets-sale-steve-cohen/6005796002/ It'd be interesting to read the actual contract clauses at issue. Cohen's hedge fund company, which pleaded guilty to certain charges, isn't the prospective Mets owner. Cohen is, and he has no criminal record. If Cohen himself was a convicted felon, which he isn't, he wouldn't have even bothered to involve himself in the process of trying to buy the Mets in the first place because, as a convicted felon, he'd have zero chance of getting approved. I wonder how this story even broke, to begin with? Did de Blasio give the media a heads up on this issue wanting to get this story out there or did some reporter familiar with the contract minutiae go public without de Blasio's advance knowledge? Based on what very, very little I know about this matter, I can't see de Blasio even trying to enforce that clause. (Unless the contract allows the mayor to enforce the clauses in question against the individual principals of a company with a criminal record. We'll see.)

Centerfield Oct 21 2020 12:19 PM Re: Steve Cohen Approval Thread

Nightengale is a Jeff Wilpon/ARod stooge. He was the one that designated the JRod group as the “frontrunner”.

G-Fafif Oct 21 2020 03:01 PM Re: Steve Cohen Approval Thread

Nah, says the News. https://www.nydailynews.com/sports/baseball/mets/ny-jerry-reinsdorf-steve-cohen-sale-20201021-klp74pwnejdrhjlaxreqwqiete-story.html On Wednesday, USA Today reported that New York City Mayor Bill de Blasio could serve as a hurdle to Cohen's pursuit of owning the club. Multiple industry sources strongly believe Reinsdorf was the primary source for the story. Like the August story, this story is inaccurate. De Blasio, in reality, is not expected to “torpedo” Cohen's plans before his approval reaches an owners' vote. De Blasio has enough problems (controlling the COVID-19 shutdown in New York City and avoiding confrontations with Orthodox Jewish leaders) without jeopardizing the lease over a non-issue and enraging the vast majority of Mets fans who want Cohen to own the club. The mayor's office did not immediately respond to a request for comment, although de Blasio did say in August that A-Rod owning the Mets “would be very good for baseball and very good for this country.” USA Today also cited that, in the 2006 stadium lease agreement between the Mets and New York City, there's a provision in which the mayor can block the sale of the team to a “prohibited person.” The lease defines a prohibited person as "any person that has been convicted in a criminal proceeding for a felony or any crime involving moral turpitude.'' As previously stated, Cohen himself was never charged with a crime. He is not a prohibited person and was never accused, much less convicted, of a felony or crime of moral turpitude. To be clear: This is a last-ditch attempt by people who don't want Cohen to own the Mets. A spokesman for Cohen declined to comment.

MFS62 Oct 21 2020 03:18 PM Re: Steve Cohen Approval Thread

Nightengale is a Jeff Wilpon/ARod stooge. He was the one that designated the JRod group as the “frontrunner”. This sounds like a Dick Young "sportswriter trying to muck things up" kind of thingie. Later

Benjamin Grimm Oct 26 2020 07:11 AM Re: Steve Cohen Approval Thread

It looks like the full vote is scheduled for November 17, three weeks from tomorrow.

MFS62 Oct 26 2020 07:41 AM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: It looks like the full vote is scheduled for November 17, three weeks from tomorrow. Does that mean the hurdle of Mayoral approval (over whether he can be allowed because of his company's pleading guilty) has been overcome? Later

Benjamin Grimm Oct 26 2020 08:36 AM Re: Steve Cohen Approval Thread

I think the two things are on separate tracks. The MLB owners will vote on their own schedule. I don't know what deBlasio is doing. Hopefully nothing. I knew him at NYU 37 years ago. I should have talked to him about this back then.

Frayed Knot Oct 26 2020 08:45 AM Re: Steve Cohen Approval Thread

My bet is that DiBlasio has no clue that such a clause even exists or that he'd have any intention of doing something with it if he did.

MFS62 Oct 26 2020 08:56 AM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: I knew him at NYU 37 years ago. I should have talked to him about this back then. If he blocks the deal, we will blame you. Later

MFS62 Oct 26 2020 11:10 AM Re: Steve Cohen Approval Thread

From SNY: Oct. 26, 12:22 p.m. Steve Cohen has the 23 votes required to approve his purchase of the Mets, according to SNY's Andy Martino, who reports that If New York City mayor Bill de Blasio moved to kill the deal, the group led by Alex Rodriguez and Jennifer Lopez would not have the votes. League officials still do not believe that de Blasio will block the deal, according to Martino. People familiar with the sale process told Martino that Rodriguez and Lopez, who finished second in the bidding for Cohen, are not well-positioned to jump back in, with Martino adding that "sources firmly believe that owners would not approve that group." Later

Frayed Knot Oct 26 2020 12:19 PM Re: Steve Cohen Approval Thread

OK, so apparently DiBlasio is aware of his role in this: “This is something our Law Department is evaluating right now and we obviously want to get to a resolution on this very quickly,” he said. “The deal is this: Because the land that Citi Field is on and the stadium belong to the city, the city always has to have a role when there is an ownership change. “There's a process for doing that. The Law Department is doing its due diligence right now,” he continued. “I'll be getting a report from them soon and it'll just be based on the facts of the research they've done and then, again, we'll speak to that very quickly.”

Benjamin Grimm Oct 27 2020 11:17 AM Re: Steve Cohen Approval Thread

NYC Mayor Bill de Blasio expects answer on Mets' sale to Steve Cohen 'very quickly;' potential MLB vote this week Major League Baseball's owners could vote as soon as this week to approve Cohen's $2.475 billion deal to buy the Mets, and — as has been the case for more than a month — Cohen is expected to receive the required 23 of 30 votes. As soon as this week? I recall hearing that it would be soon after the World Series, but I recently saw something about it being on November 17. A report from USA Today last week set off something of a firestorm when it suggested de Blasio might or had the ability to block the sale, but it is not clear that he legally has that power. And, if it is possible, there is no expectation that de Blasio actually will do so.

Benjamin Grimm Oct 27 2020 05:04 PM Re: Steve Cohen Approval Thread

The Post is reporting that the vote will be on Friday.

G-Fafif Oct 27 2020 06:53 PM Re: Steve Cohen Approval Thread

Ramming through votes is all the rage these days.

Centerfield Oct 28 2020 05:12 AM Re: Steve Cohen Approval Thread

Is he approved yet? How about now?

MFS62 Oct 28 2020 06:24 AM Re: Steve Cohen Approval Thread

=Centerfield post_id=49133 time=1603883530 user_id=65] Is he approved yet? How about now?

I'm still waiting for DiBlasio to continue fuck up this year.

Later

kcmets Oct 28 2020 06:25 AM Re: Steve Cohen Approval Thread

That's fair enough, so October 29th! Benjamin Grimm wrote: The Post is reporting that the vote will be on Friday. [fimg=500]http://www.kcmets.com/CPF/missedit.png[/fimg]

Frayed Knot Oct 28 2020 06:50 PM Re: Steve Cohen Approval Thread

OK so DiBlasio either is, or isn't, going all out to scuttle the Cohen deal On the one hand, numerous legal beagles looked into this prior to the sale agreement and concluded that the city has no grounds. On the other, DeBlasio has his 'Watch me stick to Billionaires' image to upkeep and may try to do just that whether he's ultimately successful or not. That tactics and logic, as well as some of the city politicians lined up with him, are similar to the pulling out of the Amazon deal. And, yes, this all seems to be geared towards killing the Cohen deal in favor of the J-Rod group so someone has friends in high places. From the same paper, Mike Vaccarro fires back

MFS62 Oct 29 2020 06:14 AM Re: Steve Cohen Approval Thread

Exactly who does this benefit? The J-Rod consortium can't raise the amount of cash as the Cohen deal. DiBlasio will be forcing the Wilpons to accept a deal for less money? Not likely. They could sue for constraint of trade. And the ultimate losers will be the fans, as the matter is tied up in courts far beyond free agent signing season. An bad situation for all concerned. Later

Frayed Knot Oct 29 2020 07:58 AM Re: Steve Cohen Approval Thread Edited 1 time(s), most recently on Oct 29 2020 02:10 PM

=MFS62 post_id=49225 time=1603973696 user_id=60] Exactly who does this benefit?

No one really.

DiBlasio and this other city official seem to think that thwarting a billionaire's plans means they're doing the lord's work ... as if someone other than a billionaire is going to be able to step in,

or that the billionaire who THEY endorse is going to be more pure.



In reality it sounds like A & J Rod have more friends in high places and whined enough about losing to get at least the threat of action.

On the owners side, Jerry Reinsdorf was reportedly the lone voice working behind the scenes trying to get Cohen's bid disapproved ... and HE is tight with ARod too and recently met with him.

Benjamin Grimm Oct 29 2020 08:05 AM Re: Steve Cohen Approval Thread

Maybe they can placate Alex Rodriguez by giving him a tent in the Citi Field parking lot.

smg58 Oct 29 2020 08:13 AM Re: Steve Cohen Approval Thread

A file with the mayor's true intentions is on the same hard drive as Hunter Biden's incriminating emails.

kcmets Oct 29 2020 08:45 AM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: Maybe they can placate Alex Rodriguez by giving him a tent in the Citi Field parking lot. Ok, that is pretty funny!! I doubt this thing gets scuttled in the waning hours approaching the vote and approval but if it does I'm done with the Mets. This time I mean it. No, really! Done...

kcmets Oct 29 2020 09:15 AM Re: Steve Cohen Approval Thread

OE: I mean scuttled in favor of Rodriguez et al...

kcmets Oct 30 2020 07:45 AM Re: Steve Cohen Approval Thread

Has anyone seen a time when voting results will be announced? I know things are slow, but today is kinda like a mega-holiday-in-the-making for Mets fans!?!

Benjamin Grimm Oct 30 2020 08:15 AM Re: Steve Cohen Approval Thread

If I'm Rob Manfred, here's what I say to deBlasio: "If you fuck this up, we'll just put the Mets in New Jersey. How would you like to have that as part of your legacy?" It doesn't have to be entirely a bluff: MetLife Stadium could make for a quirky home field for a couple of years: https://i.ytimg.com/vi/Ff6gT5f_OjE/hqdefault.jpg> (I didn't create this graphic; I found it online.)

MFS62 Oct 30 2020 08:19 AM Re: Steve Cohen Approval Thread

I wonder if Roosevelt Stadium in Jersey City is still there? Later

stevejrogers Oct 30 2020 09:06 AM Re: Steve Cohen Approval Thread

Indoor baseball at the UBS arena in Belmont!

Johnny Lunchbucket Oct 30 2020 11:24 AM Re: Steve Cohen Approval Thread

I'm not freaked out by DiBlasio. The city does have rights and being cavalier this stuff is the kinda thing that can screw cities over.

Centerfield Oct 30 2020 11:42 AM Re: Steve Cohen Approval Thread

12 minutes in. Who's nervous? Not me.

batmagadanleadoff Oct 30 2020 11:45 AM Re: Steve Cohen Approval Thread

Johnny Lunchbucket wrote: I'm not freaked out by DiBlasio. The city does have rights and being cavalier this stuff is the kinda thing that can screw cities over. I think it's a total non-issue, but I don't count.

Edgy MD Oct 30 2020 12:28 PM Re: Steve Cohen Approval Thread

Approved by the owners and the mayor has tweeted that the city has no objection.

Benjamin Grimm Oct 30 2020 12:37 PM Re: Steve Cohen Approval Thread

Bill deBlasio wrote: The New York City Law Department has completed its legal review of the proposed sale of the Mets. New York City has no objections and the Mets can now proceed with the transaction. #LGM

kcmets Oct 30 2020 12:38 PM Re: Steve Cohen Approval Thread

I thought there would be more bally hoo...

Johnny Lunchbucket Oct 30 2020 12:45 PM Re: Steve Cohen Approval Thread

Done deal. Owners approve as does hizzoner https://twitter.com/NYCMayor/status/1322240607046275073

Johnny Lunchbucket Oct 30 2020 12:46 PM Re: Steve Cohen Approval Thread

I repeat

G-Fafif Oct 30 2020 12:49 PM Re: Steve Cohen Approval Thread

I'm imagining the set of cards Zvon would be making for this occasion.

ashie62 Oct 30 2020 12:49 PM Re: Steve Cohen Approval Thread

Done deal Bring those inside trading skills to the club!

ashie62 Oct 30 2020 12:49 PM Re: Steve Cohen Approval Thread

=G-Fafif post_id=49361 time=1604083751 user_id=55] I'm imagining the set of cards Zvon would be making for this occasion.

Someone will.

Benjamin Grimm Oct 30 2020 12:50 PM Re: Steve Cohen Approval Thread

I think the Typewriter Company should do a set of cards based on champagne for this.

Johnny Lunchbucket Oct 30 2020 01:27 PM Re: Steve Cohen Approval Thread

at least the champagne of beers

MFS62 Oct 30 2020 01:53 PM Re: Steve Cohen Approval Thread Edited 1 time(s), most recently on Oct 30 2020 01:58 PM

Big sigh of relief. Happy that DiBlasio didn't throw a monkey wrench into the deal. (see the link in the first paragraph) https://sports.yahoo.com/steve-cohen-reacts-approval-mets-194615139.html LGM It might not be the most important news story of 2020, but at least we can forget about the other ones for a while. Later

Edgy MD Oct 30 2020 01:58 PM Re: Steve Cohen Approval Thread

I hope this works. I'm not nearly as pro-Cohen as the room. HEWJ Republican donor in 2016, but mostly laid low this cycle. Inside trader. Let others take the fall for him.

Benjamin Grimm Oct 30 2020 02:05 PM Re: Steve Cohen Approval Thread

I don't think we like Cohen. We just like his money.

batmagadanleadoff Oct 30 2020 02:06 PM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: I think the Typewriter Company should do a set of cards based on champagne for this. I nominate Grimm himself for this joyous task. Or Dinosaur Jesus. They have tremendous photoshopping skills.

MFS62 Oct 30 2020 02:09 PM Re: Steve Cohen Approval Thread

Screw the photoshopped pictures. Just give us the champagne. Later

batmagadanleadoff Oct 30 2020 02:11 PM Re: Steve Cohen Approval Thread

Screw the photoshopped pictures. Just give us the champagne. Regular or Giant-sized? [FIMg=666]https://pbs.twimg.com/media/CR7-zzQWoAAhs0m.jpg[/FIMG]

TransMonk Oct 30 2020 02:13 PM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: I don't think we like Cohen. We just like his money. This.

Edgy MD Oct 30 2020 02:58 PM Re: Steve Cohen Approval Thread

Ew.

Centerfield Oct 30 2020 03:15 PM Re: Steve Cohen Approval Thread

One down. Trump is next.

Benjamin Grimm Oct 30 2020 05:39 PM Re: Steve Cohen Approval Thread

I have it on good authority that the reason deBlasio didn't block the deal is because Manfred said to him, "If you fuck this up, we'll just put the Mets in New Jersey. How would you like to have that as part of your legacy?"

MFS62 Oct 30 2020 05:59 PM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: I have it on good authority that the reason deBlasio didn't block the deal is because Manfred said to him, "If you fuck this up, we'll just put the Mets in New Jersey. How would you like to have that as part of your legacy?" You already posted (something like) that on page 3 of this thread. I can believe someone gave him that message, although he says he won't run for Mayor again. Later

whippoorwill Oct 30 2020 06:36 PM Re: Steve Cohen Approval Thread

Zvon would so love this. 😢

batmagadanleadoff Oct 31 2020 01:36 AM Re: Steve Cohen Approval Thread

[FIMG=555]https://1.bp.blogspot.com/-G2ti-InskYo/XfM0Y5As0dI/AAAAAAAA1vA/4p43lcj4Twsgq9EV82iBVTXHcYz457a1ACLcBGAsYHQ/s1600/HowTheGrinchStoleChristmasSANDY%2B%25281%2529.png[/FIMG]

Benjamin Grimm Oct 31 2020 06:12 AM Re: Steve Cohen Approval Thread

http://ultimatemets.com/covers/2020/20201031_NSD_02.jpg> http://ultimatemets.com/covers/2020/20201031_NYDN_02.jpg> http://ultimatemets.com/covers/2020/20201031_NYP_02.jpg>

kcmets Oct 31 2020 08:02 AM Re: Steve Cohen Approval Thread

Cut to Jeff sitting on his gold platted crapper seat thumbing through the taboilds thinking, 'hmmmm, ya think maybe they didn't like us much...?'

G-Fafif Nov 01 2020 09:25 AM Re: Steve Cohen Approval Thread

Steve on Twitter. https://twitter.com/stevenacohen2/status/1322898792543358977?s=21

A Boy Named Seo Nov 02 2020 11:54 AM Re: Steve Cohen Approval Thread

And then Steve went on to interact... with people... on twitter.

Centerfield Nov 02 2020 12:53 PM Re: Steve Cohen Approval Thread

Edgy MD wrote: I hope this works. I'm not nearly as pro-Cohen as the room. HEWJ Republican donor in 2016, but mostly laid low this cycle. Inside trader. Let others take the fall for him. If selling the team meant waiting for the ethical billionaire, we might have been left waiting for some time. Earlier in this thread I laid out my three criteria for an owner. Cohen, more than any other possible candidate, is the most likely to hit all three. Our current owners were the least likely to hit any of them. You never know how anything will play out. But upgrading to Steve Cohen from Jeff Wilpon in the owner's box is like upgrading to Carlos Beltran from Jeff Wilpon in centerfield.

metsmarathon Nov 02 2020 01:53 PM Re: Steve Cohen Approval Thread

=Centerfield post_id=49593 time=1604346783 user_id=65] You never know how anything will play out. But upgrading to Steve Cohen from Jeff Wilpon in the owner's box is like upgrading to Carlos Beltran from Jeff Wilpon in centerfield.

that's all well and good, unless you're mike cameron in right field.

vtmet7 Nov 04 2020 06:29 PM Re: Steve Cohen Approval Thread

Benjamin Grimm wrote: I don't think we like Cohen. We just like his money. and I like that he and his family appear to be lifelong Mets fans that have beared witness to the Wilpon apparent meddling and incompetence.

vtmet7 Nov 04 2020 06:43 PM Re: Steve Cohen Approval Thread

don't know if it has been mentioned or not, but supposedly the votes against Cohen came from: White Sox (no surprise), D'Backs, Reds and Arte Moreno's Anaheim California Angels of Los Angeles

nymr83 Nov 04 2020 09:21 PM Re: Steve Cohen Approval Thread

=vtmet7 post_id=49882 time=1604540620 user_id=80] don't know if it has been mentioned or not, but supposedly the votes against Cohen came from: White Sox (no surprise), D'Backs, Reds and Arte Moreno's Anaheim California Angels of Los Angeles

Fuck them! FEAR THE METS NEW PAYROLL!

vtmet7 Nov 04 2020 10:33 PM Re: Steve Cohen Approval Thread

don't know if it has been mentioned or not, but supposedly the votes against Cohen came from: White Sox (no surprise), D'Backs, Reds and Arte Moreno's Anaheim California Angels of Los Angeles Fuck them! FEAR THE METS NEW PAYROLL! lol...hopefully we'll do better with spending big than Arte Moreno has with his Angels...Arte's spent a lot of money for the big ticket FA, without seeing it payoff in the getting to the playoff category... 4 of his players own about 70% of the Angels payroll: Trout: ~$37 Mil; Pujols: ~$30 Mil; Rendon: ~$28 Mil; Upton: ~$23 Mil; https://www.spotrac.com/mlb/los-angeles-angels/payroll/

Frayed Knot Nov 05 2020 05:24 AM Re: Steve Cohen Approval Thread

It was no secret that Reinsdorf/ChiSox was trying to build a stop Cohen coalition but wasn't finding takers (or enough of them anyway). Not sure if Reinsdorf was simply pro-ARod or if he had reason to be anti-Cohen as well ... or maybe some combo of the two. Hadn't heard about the Snakes, Reds, and Halos or what their particular beefs may have been.

Benjamin Grimm Nov 05 2020 05:46 AM Re: Steve Cohen Approval Thread

The Post reports that the sale is expected to close on Monday.

vtmet7 Nov 05 2020 09:17 AM Re: Steve Cohen Approval Thread

Frayed Knot wrote: It was no secret that Reinsdorf/ChiSox was trying to build a stop Cohen coalition but wasn't finding takers (or enough of them anyway). Not sure if Reinsdorf was simply pro-ARod or if he had reason to be anti-Cohen as well ... or maybe some combo of the two. Hadn't heard about the Snakes, Reds, and Halos or what their particular beefs may have been. supposedly Reinsdorf also worked against Cohen's pursuit of the LA Dodgers before Majic Johnson's group purchased them

Benjamin Grimm Nov 05 2020 03:55 PM Re: Steve Cohen Approval Thread

Daily News says tomorrow might be the day.

G-Fafif Nov 06 2020 11:31 AM Re: Steve Cohen Approval Thread

It's the day. https://twitter.com/stevenacohen2/status/1324778722428420097?s=21

Frayed Knot Nov 06 2020 11:34 AM Re: Steve Cohen Approval Thread

Numerous things to drink to tonight.

MFS62 Nov 06 2020 11:58 AM Re: Steve Cohen Approval Thread

It's the day. https://twitter.com/stevenacohen2/status/1324778722428420097?s=21 And now open, for some REAL business. Later

G-Fafif Nov 06 2020 12:16 PM Re: Steve Cohen Approval Thread

SC's official statement: STEVE COHEN STATEMENT FOLLOWING TODAY'S CLOSING OF THE METS SALE “This is a significant milestone in the history of this storied franchise. I want to thank everybody who helped make this happen. The 2021 season is right around the corner and we've got a lot of work to do, so I'm excited to get started. Let's go Mets!”

nymr83 Nov 07 2020 07:26 PM Re: Steve Cohen Approval Thread

Ryan Church would be safe here! Cohen was asked on twitter (likely by depressed Jets fans) if he wanted to buy a football team too: "Nope , I run clinics treating vets for PTSD and traumatic brain injury .I'm on the other side of the concussion/ football discussion"

Edgy MD Nov 07 2020 09:13 PM Re: Steve Cohen Approval Thread

Point for Steve Cohen.

G-Fafif Nov 19 2020 07:58 PM Re: Steve Cohen Approval Thread

https://twitter.com/stevenacohen2/status/1329595853774970880?s=21 Steve Cohen approval, indeed.

Edgy MD Nov 19 2020 08:24 PM Re: Steve Cohen Approval Thread

Them's two terrible ideas.

nymr83 Nov 19 2020 09:10 PM Re: Steve Cohen Approval Thread

Edgy MD wrote: Them's two terrible ideas. I like like Cohen's idea, its like a "Rub the Madoff Scandal in Wilpon's Face Day" cloaked in celebration of Bonilla

Edgy MD Nov 19 2020 09:19 PM Re: Steve Cohen Approval Thread

Don't you think that sort of thing always bites you in the dick? It's bad enough to have a troll in chief.

G-Fafif Nov 20 2020 05:26 AM Re: Steve Cohen Approval Thread

Exorcise the woe-is-us demons. Make Bobby Bo lovable again. Or for the first time. Alternatively, the fans can fling whatever leftover pretzels they didn't rain on the late Whitey Ford.

Centerfield Nov 20 2020 05:43 AM Re: Steve Cohen Approval Thread

Steve Cohen walks out to home plate. Meets Bobby, shakes his hand, looks around for the oversized check. Sandy feigns surprise, looks over at Chernoff, who shrugs his shoulders. John Ricco starts making calls. Steve Cohen waves his hands and shoos everyone away. He starts rummaging through his pockets and cobbles together $1M in crumpled up bills. Hands it over to Bobby Bo as the crowd roars

MFS62 Nov 20 2020 06:37 AM Re: Steve Cohen Approval Thread

I like like Cohen's idea, its like a "Rub the Madoff Scandal in Wilpon's Face Day" cloaked in celebration of Bonilla And they could do it on a Banner Day, so every year fans could show their appreciation for how the Wilpons financially handled the team. Later

Johnny Lunchbucket Nov 20 2020 09:40 AM Re: Steve Cohen Approval Thread

Exorcise the woe-is-us demons. THIS. "We're snakebitten, baby" The Fred Wilpon quote that still makes my blood boil

MFS62 Nov 20 2020 10:07 AM Re: Steve Cohen Approval Thread

=G-Fafif post_id=51077 time=1605875168 user_id=55] Exorcise the woe-is-us demons. Make Bobby Bo lovable again. Or for the first time.

I never boo-ed him.

Yes, the last contract was terrible. But I believe much of the hatred of Bobby Bo can be traced back to Mike and the Mad Dog. He signed that contract at the time those two were re-negotiating their new contracts and they railed loudly on the air when he signed his. They always thought (and still do ) that they are superior to everyone else. How dare he make money in the millions when they were making in the hundred thousands? They were to Bobby Bonilla as Dick Young was to Tom Seaver.

And I watched the games.

While it was painful watching the flesh become weak, the spirit was always willing. He hustled. Every single play (OK there was one time he gave up on a fly ball near the wall, but it was only once). He gave everything he had. And I couldn't ask more of him, or any other athlete on my team.

I never lost the love.



That's just my opinion, and, I may be wrong.



Later

Johnny Lunchbucket Nov 20 2020 12:25 PM Re: Steve Cohen Approval Thread

The Bobby Bo contract we're paying for was acquired in a trade. It was the Marlins contract, traded to Los Angeles (for Piazza), then to the Mets (for the much hated uncle of our current manager, Mel Rojas).

Frayed Knot Nov 20 2020 02:40 PM Re: Steve Cohen Approval Thread

Any image problems Bobby Bonilla had as a Met were caused by one person ... Bobby Bonilla. Blaming various media people is a red herring.

G-Fafif Dec 02 2020 08:07 PM Re: Steve Cohen Approval Thread

Steve Cohen seeks fan input on non-tendered players. You know, like the Wilpons would. https://twitter.com/stevenacohen2/status/1334318834635988994?s=21

Edgy MD Dec 02 2020 09:14 PM Re: Steve Cohen Approval Thread

Is he asking about players the Mets didn't tender a contract to, or players non-tendered by other teams and of interest to the Mets?

MFS62 Dec 03 2020 06:02 AM Re: Steve Cohen Approval Thread

Edgy MD wrote: Is he asking about players the Mets didn't tender a contract to, or players non-tendered by other teams and of interest to the Mets? Apparently none of the players non-tendered by other teams are centerfielders, in case Steve and Sandy need me to tell them that. Later

batmagadanleadoff Dec 03 2020 09:41 PM Re: Steve Cohen Approval Thread

Forbes estimates that Steve Cohen is the 36th richest person on the planet.

nymr83 Dec 03 2020 09:54 PM Re: Steve Cohen Approval Thread

Edgy MD wrote: Is he asking about players the Mets didn't tender a contract to, or players non-tendered by other teams and of interest to the Mets? Apparently none of the players non-tendered by other teams are centerfielders, in case Steve and Sandy need me to tell them that. Later Dahl can play center, if he ever manages to stay healthy

Centerfield Dec 04 2020 07:15 AM Re: Steve Cohen Approval Thread

=Centerfield post_id=48516 time=1602682913 user_id=65] Gotta love everything we are reading so far. I think to make a good owner, one has to be: 1. Rich enough to fund a big market payroll 2. Smart enough to hire good baseball people to run the team 3. Humble enough to stay out of the way The Wilpons were 0 for 3. The rumblings around Cohen suggest he will hit the first two. The third remains to be seen.

Revisiting this from earlier. Now that we've gotten to know him a bit, Cohen seems committed to doing 1. He's trying to do 2, but it's taking a bit longer than expected. I'm glad he's taking his time with GM rather than rushing into a bad decision, but I'm disappointed we haven't seen the “Mets Triple Analytics Dept” headline yet. Are we still working with interns?



As for 3, based upon his interviews and his Twitter presence, I'm guessing nah.

Lefty Specialist Dec 04 2020 05:05 PM Re: Steve Cohen Approval Thread

Well, there's different ways to stay out of the way. If you're front and center at all the baseball fan-friendly stuff and keep your nose mostly out of personnel decisions, then okay. The Wilpons wanted nothing to do with the paying customers but meddled constantly in personnel decisions. Cohen hopefully is the exact opposite. He seems to love fan interaction, and hopefully stays out of player selection.

kcmets Dec 05 2020 02:00 PM Re: Steve Cohen Approval Thread

Cohen has a shiny new toy, his tweets and his wife's are fun. Jeffie thought he was a baseball man, I think we'll see over time that Steve will be (and knows that he is) just a baseball fan. The 36th richest fan on the planet as reported above.

dgwphotography Dec 05 2020 06:33 PM Re: Steve Cohen Approval Thread

=kcmets post_id=51710 time=1607202022 user_id=53] Jeffie thought he was a baseball man, I think we'll see over time that Steve will be (and knows that he is) just a baseball fan.

What a big difference one letter can make.

G-Fafif Dec 12 2020 01:09 PM Re: Steve Cohen Approval Thread

Who do you suppose this guy knows to get on the field AND get his name on the board? https://twitter.com/alexmomof5/status/1337818462496968705?s=21

G-Fafif Dec 12 2020 01:20 PM Re: Steve Cohen Approval Thread

Steve and Alex were handing out previously undistributed 2020 bobbleheads to season ticket holders today. Quite the surprise, apparently. https://twitter.com/migs_86/status/1337793764048429057?s=21

bmfc1 Dec 13 2020 05:17 PM Re: Steve Cohen Approval Thread

If you need another reason to be happy that Steve Cohen is the owner of the Mets, read about A. Rodriguez's vision for the Mets as part of his entertainment empire: https://www.nj.com/yankees/2020/12/ex-yankees-slugger-alex-rodriguez-explains-his-failed-vision-for-the-mets-baseball-was-just-a-small-part-of-it.html?outputType=amp

Benjamin Grimm Dec 13 2020 05:36 PM Re: Steve Cohen Approval Thread

Yeah, that sounded awful.

nymr83 Dec 13 2020 06:45 PM Re: Steve Cohen Approval Thread

Arod is a cheater and NYY Scum. So glad he is not the new owner.

Fman99 Dec 14 2020 08:28 AM Re: Steve Cohen Approval Thread

I mean, the Cohen purchase means less opportunities to see J-Lo's big juicy hiney on TV. But that's just a sacrifice Mets fans will have to make.

nymr83 Dec 27 2020 08:18 PM Re: Steve Cohen Approval Thread

Steve Cohen, asked about the luxury tax threshold: “I think at some point we will [exceed it], but maybe not this season,'' Cohen said. “I'm not afraid to go over it, but you want to have flexibility on our payroll. Long-term contracts can limit a team's ability going forward.'' Nice. Sounds like he is more afraid to have some albatross Cano deal locking down a position than he is to pay up for a short term deal. I like that line of thinking. 3 years and tons of millions for Bauer please!

LWFS Dec 28 2020 08:45 AM Re: Steve Cohen Approval Thread

His thinking re: payroll bugaboos does appear to be less "Let's not overspend," so much as it is, "Let's not do anything stupid." It's getting really hard not to like this multi-billionaire.

Edgy MD Jan 05 2021 11:19 PM Re: Steve Cohen Approval Thread

CoCo has apparently been punched with an ugly little gender discrimination suit.

Centerfield Jan 06 2021 08:15 AM Re: Steve Cohen Approval Thread

I wonder if the complaint alleges more than that one incident. I would guess you need more than that to be actionable. I kinda have this bias that this type of thing happens, like, a lot at those types of places.

Edgy MD Jan 06 2021 08:39 AM Re: Steve Cohen Approval Thread

Yeah, agreed. But the difference is how much evidence you compile on your way out the door.

Centerfield Jan 06 2021 09:37 AM Re: Steve Cohen Approval Thread

Gun to my head I'd guess this wasn't the first time, and that she had figured out a way to get some sort of recording or other evidence to arm herself with before filing an action. Likely this settles out of court and we'll never know.

MFS62 Feb 05 2021 11:55 AM Re: Steve Cohen Approval Thread

Cohen just saved the team $50 million over the next three years by debt refinancing. https://www.yahoo.com/finance/news/steve-cohen-makes-mets-fans-173627682.html Later