Steve Cohen Mets
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Steve Cohen is reportedly back in the running to buy the Mets


In December, the Mets were reportedly in talks with billionaire Steve Cohen to sell him an 80% share of the team, up from his 8% stake. In early February, the relationship between the Mets and Cohen soured as the Wilpons reportedly wanted to change the terms of the agreement. The thought was that Cohen would assume control by 2025, but the Wilpons wanted to hold onto power longer than that.

Per Jon Heyman, the Mets and Cohen have worked out their differences. Cohen is back in the running to purchase the team. Prospective bidders are expected to put in their bids by Thursday. Cohen, with a net worth well above $10 billion, is seen as the favorite. Other bidders include Josh Harris and David Blitzer, Álex Rodríguez and Jennifer Lopez, the Reuben brothers, along with one or two additional “mystery bidders,” as Heyman puts it.

The purported deal back in December would have valued the Mets at $2.6 billion. It will be interesting to see how the bids play out relative to that figure. Forbes currently values the Mets at $2.4 billion.

Fred Wilpon and Sterling Equities bought out Nelson Doubleday’s 50% share in the Mets for $391 million back in 2002. Last month, Cardinals owner Bill DeWitt Jr. said, “The industry isn’t very profitable, to be quite honest.” Hmm.

Diamondbacks place Bumgarner on IL with back strain

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PHOENIX — Arizona Diamondbacks ace Madison Bumgarner has been placed on the 10-day injured list with a mid-back strain.

The left-hander was lifted after two innings Sunday against San Diego due to back spasms.

The Diamondbacks placed Bumgarner on the injured list Monday and selected the contract of right-hander Jeremy Beasley from their alternate training site.

Bumgarner allowed six runs on five hits in two innings against the Padres to remain winless since signing an $85 million, five-year deal with Arizona last offseason. The four-time All-Star has seen his velocity dip into the upper 80s this season and has a 9.35 ERA after Sunday’s start.

Bumgarner was a four-time All-Star and three-time World Series champion in 11 seasons with San Francisco.

Beasley will be making his major league debut.