New York Mets owner Steven Cohen has apologized to season ticket holders in a letter.
According to ESPN, Cohen’s letter, which was published on June 6, reads, “We added some key pieces to our team, but things didn’t work out the way we planned. You are understandably disappointed, and so are we,” the letter reportedly read, “This is not where we wanted to be in 2023.
The Mets have a total club payroll of more than $350 million ($457.8 million) this season. The team’s offseason focus on big-name free agent signings led to the highest payroll in Major League Baseball (MLB). Cohen, a “hedge fund mogul,” has been active in rebuilding the team. Cohen is estimated to be worth $17 billion ($21.9 trillion) by Forbes. MLB.com, the official MLB website, reported last winter that the Mets will pay more than $50 million ($65.4 billion) in luxury taxes in 2023.
The payoff has been minimal. At 50-60 (.455 winning percentage) through six days, the Mets remain in fourth place in the National League East. Their lead over the division-leading Atlanta Braves (70-38) has grown to 21 games, meaning fall baseball is effectively over. With a winning percentage of less than 5 percent, they’ve fallen out of the wide-card race, and before the trade deadline, they traded away Cy Young Award winners Justin Verlander and Max Scherzer, as well as outfielders Tommy Pham and Mark Canha and closer David Robinson.토스카지노
It was a virtual white flag. Season ticket holders were upset. “We will be competitive in 2024, but I think 2025-26 is the time for young talent to make an impact,” Cohen wrote in the letter, “There will be a lot of pitching in free agency in 2024. In 2025, we have a lot of payroll flexibility. Cohen goes on to name several of the team’s top prospects, including Marco Vargas and Jeremy Rodriguez, and expresses hope that “it will be fun to watch them grow as they learn to win together through our system.
It’s unclear if Cohen’s letter will quiet fan discontent. Earlier in the day, the Mets lost to Baltimore 3-7, their fifth straight loss of the season. They are 3-7 in their last 10 games.