The New York Mets have a new owner, and he is the wealthiest owner in the MLB, and it isn’t close. Even though the Mets have played in the country’s largest market, they have often operated as a team that plays in a small market. The main reason the Mets were forced to operate as a small market team is that the previous owners of the team, Jeff and Fred Wilpon, were involved in the Bernie Madoff Ponzi scheme, in which they invested in. Now, however, with a new owner and billionaire Hedge Fund manager, Steve Cohen, there is hope that they will spend like the big market team they are, and if they are going to, now is the time. All MLB teams lost millions of dollars due to the pandemic, as no fans were allowed until the playoffs, and even then, it was only in two particular series, but with Cohen being a new owner, he didn’t lose any. With many teams penny-pinching this year and release quality players due to their high salaries, there will be an opportunity to take advantage of a much weaker market, player-wise, than last year.
There are some stars on the market, specifically CY Young Favorite, Trevor Bauer, Former World Series MVP, George Springer, and JT Realmuto, the consensus best catcher in baseball. Coincidently, the Mets have a need at all of those positions, and all very well could get $100 million contracts, and there may not be that many teams willing to give that out this year. As a Mets fan, this is the first time that I truly have hope that they will actually try to win and be in on the top players rather than “kicking the tires.” The Mets could be very close to being a World Series Contender, and if Cohen is willing to spend the money it takes to do so, now is definitely the time.