Steve Cohen, New York Mets
Days before Pete Alonso agreed to return to the Mets, he met at a Tampa social club with his agent, Scott Boras, Mets owner Steve Cohen and president of baseball operations David Stearns. The agenda was simple.
Outlook: After a negotiation that was more difficult than that of Juan Soto – per Steve Cohen – Alonso is back where he belongs at first base for the Mets. One reason it was so difficult for the two sides to strike a deal is because Alonso’s profile has more holes than it did a few years ago.
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.
Billionaire investor Steve Cohen is concerned tariffs, DOGE cost-cutting and immigration measures could ultimately slow America's economic growth from 2.5% to 1.5%.
US growth is likely to slow in the second half of the year as tariffs, tighter immigration laws and government cost-cutting efforts led by Elon Musk weigh on the economy, billionaire Steve Cohen said.
New York Mets owner Steve Cohen wasn't planning on spending as much on the 2025 roster as he has. Speaking to The Athletic's Tim Britton, Cohen explained he "blew through" the original payroll projections in part because free agency proved more expensive than he thought it would be.
"I've always wanted to be a little more measured in payroll growth, and then we get there and it's never quite there,” Cohen said Tuesday.
Mets owner Steve Cohen wants a winner, but says excessive spending isn't "the most optimal way to run a team" and would like to see the farm system produce talent.
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.
Reaching the postseason will be considered the barometer of success, and if the Mets reach the October tournament enough, Cohen is taking the approach that his will eventually be the last team standing. Juan Soto is the top attraction, with Pete Alonso back to provide lineup protection for the Mets’ newest star.
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