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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Sun Dec 08, 2019 9:23 pm 
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Mavericknyc1980 wrote:
When should this vote happen.

Right?


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Mon Dec 09, 2019 1:59 am 
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This is the single best event in Mets history since 1986.

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Terry Collins cost the Mets a World Series title.

The Wilpons are the worst owners in worldwide professional sports.

matlack72 wrote:
I find this talk about Kelenic comical. He's a 19 year old kid who hit .253 at Kingsport
and struck out once a game and people are talking like he's the second coming. Get real people. When you have a chance to get the best reliever in the game who's only 24 and give up Kelenic in the deal, you MAKE that deal. Stop with the nonsense.


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Wed Dec 11, 2019 2:49 pm 
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I hate that we haven’t heard anything about this in a week.


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Wed Dec 11, 2019 3:12 pm 
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Cerrone is saying that it's an agreement in principle. Getting all the signatures and league approval could take 6 months to a year.


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Wed Dec 11, 2019 3:40 pm 
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yalikeMetroplitans wrote:
Cerrone is saying that it's an agreement in principle. Getting all the signatures and league approval could take 6 months to a year.

He then we on to give examples: Dodgers took more than a year and Royals about six months.


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Wed Dec 11, 2019 6:28 pm 
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Under the proposed agreement, Fred Wilpon will remain the “control person” — the top decision-maker in the eyes of MLB — and chief executive officer even while Cohen becomes the majority owner. Jeff Wilpon is slated to stay as the chief operating officer for that half-decade.

That would position Cohen to become the control person after the 2024 season.

The arrangement is unusual but not unprecedented.

“We have had situations where, particularly with path-to-control cases like this, where someone who owns more is not actually the control person for a period of time,” Manfred said at the winter meetings.

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Cano/Diaz for Kelenic/Dunn will go down as the worst trade in franchise history.

"I think the best owners always are the ones who understand that they really don't own the team. The fans own the team. For a period of time, you are a steward, and you'll be judged on how well you manage that."
- Warriors COO Rick Welts


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Wed Dec 11, 2019 6:52 pm 
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Ralf wrote:
Under the proposed agreement, Fred Wilpon will remain the “control person” — the top decision-maker in the eyes of MLB — and chief executive officer even while Cohen becomes the majority owner. Jeff Wilpon is slated to stay as the chief operating officer for that half-decade.

That would position Cohen to become the control person after the 2024 season.

The arrangement is unusual but not unprecedented.

“We have had situations where, particularly with path-to-control cases like this, where someone who owns more is not actually the control person for a period of time,” Manfred said at the winter meetings.


Somehow I have the feeling that the Wilpon's aren't going to last that long. Besides as long as the money man says to spend, then they can spend.


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Thu Dec 12, 2019 7:25 am 
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Steve The Original wrote:
Ralf wrote:
Under the proposed agreement, Fred Wilpon will remain the “control person” — the top decision-maker in the eyes of MLB — and chief executive officer even while Cohen becomes the majority owner. Jeff Wilpon is slated to stay as the chief operating officer for that half-decade.

That would position Cohen to become the control person after the 2024 season.

The arrangement is unusual but not unprecedented.

“We have had situations where, particularly with path-to-control cases like this, where someone who owns more is not actually the control person for a period of time,” Manfred said at the winter meetings.


Somehow I have the feeling that the Wilpon's aren't going to last that long. Besides as long as the money man says to spend, then they can spend.


As long as you see a Wilpon front and center, I wouldnt trust or believe a thing.


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Fri Dec 13, 2019 1:33 pm 
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Steve The Original wrote:
Ralf wrote:
Under the proposed agreement, Fred Wilpon will remain the “control person” — the top decision-maker in the eyes of MLB — and chief executive officer even while Cohen becomes the majority owner. Jeff Wilpon is slated to stay as the chief operating officer for that half-decade.

That would position Cohen to become the control person after the 2024 season.

The arrangement is unusual but not unprecedented.

“We have had situations where, particularly with path-to-control cases like this, where someone who owns more is not actually the control person for a period of time,” Manfred said at the winter meetings.


Somehow I have the feeling that the Wilpon's aren't going to last that long. Besides as long as the money man says to spend, then they can spend.


Right. Cohen didn't get to be a billionaire by being a "nice guy." Heck, just look at his background. If he wants to spend or get something done, it'll get done.


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Wed Jan 01, 2020 6:54 pm 
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Exec. VP Baseball Operations

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Quote:
The hedge fund industry’s bloodbath continued in 2019 with more hedge funds shutting down than launching for the fifth year in a row.

Some 540 hedge funds had liquidated by the end of October, according to Hedge Fund Research. Meanwhile, the number of funds to have opened last year is projected to fall short of 500 — marking the fewest new funds since 2000, according to HFR data.


Quote:
This year, only a select handful of winners materialized, including:


Point72 Asset Management’s Steve Cohen, the potential new owner of the New York Mets, had a home run in 2019 with 13 percent returns as of the end of November.


His investment wins were overshadowed, however, as news broke in early December that the billionaire was nearing an agreement to become the majority owner of the Mets in a deal that’s widely expected to inject fresh energy — and loads of cash — into the losing team.



https://nypost.com/2019/12/31/steve-coh ... dge-funds/

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MarkJohnson>You wrote:

Yeah, and if you're using the "He's 19" logic, then I guess the best report a scout could give us is:


"I have no idea. He's a teenager. He may go through 5 arm surgeries between now and his 30th birthday. He may add a pitch. He may lose a pitch. He may put on 30 lbs and add velocity. He may put on 50 lbs and eat his way out of the league. I literally have no idea what he is going to be."

But thats not what these guys are paid to do, nor what we are looking for them to do, right?


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Thu Jan 02, 2020 12:09 am 
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Joined: Sat Sep 23, 2006 12:57 am
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Daaaarryyl wrote:
Quote:
The hedge fund industry’s bloodbath continued in 2019 with more hedge funds shutting down than launching for the fifth year in a row.

Some 540 hedge funds had liquidated by the end of October, according to Hedge Fund Research. Meanwhile, the number of funds to have opened last year is projected to fall short of 500 — marking the fewest new funds since 2000, according to HFR data.


Quote:
This year, only a select handful of winners materialized, including:


Point72 Asset Management’s Steve Cohen, the potential new owner of the New York Mets, had a home run in 2019 with 13 percent returns as of the end of November.


His investment wins were overshadowed, however, as news broke in early December that the billionaire was nearing an agreement to become the majority owner of the Mets in a deal that’s widely expected to inject fresh energy — and loads of cash — into the losing team.



https://nypost.com/2019/12/31/steve-coh ... dge-funds/



Thanks man, when will this become official

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Where Are my Shades!!!!!!!!!!!!!!!!!!!!!!!!! If you build from within, we will WIN!!!!!!!!!!!!! Never underestimate the HEART OF A MAVERICK AND A CHAMPION!!!!!!!!!!!!! It won’t matter what we do . We are the Mets it won’t work out!!!! No matter what we do, as long as we are owned by the COUPONS we will always be cursed. #CouponCurse


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 Post subject: Re: Cohen increases Met investment (80%)/ Wilpons out by 202
PostPosted: Thu Jan 02, 2020 1:11 am 
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This sounds like a mutual, done deal that will get league approval cause it's good for the Wilpons, it's good for the Mets, and there's no reason to stand in the way of it - short of the some kind of historic market crash, I think this is a done deal. Nothing to worry about.

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Go Mets.
Good luck Zach Wheeler. You're the only Phillie I like.


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