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Greenwich Hedge Fund Manager Buys The New York Mets

The New York Mets have a new owner, who lives in Connecticut.

Greenwich billionaire Steve Cohen announced on twitter Friday that the transaction between him and the previous owners, Sterling Mets, L.P., had closed.

“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,” Cohen said in a statement released by the team.

Cohen runs a Stamford hedge fund called Point72 Asset Management.

According to Forbes, he’s worth $14.6 billion dollars, making him baseball’s richest owner. The Mets $2.475 billion sale price is the highest ever paid for a North American sports team.

Frankie Graziano is the host of The Wheelhouse, focusing on how local and national politics impact the people of Connecticut.

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