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.
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.
Steve Cohen on what Juan Soto can bring to the Mets as a player and for the fans, plus having Pete Alonso back in New York this season
Just over two weeks ago, at Amazin Day at Citi Field, Mets owner Steve Cohen was “brutally honest” about his dislike of the negotiations with Alonso. Now, here we are, reintroducing the team’s greatest power hitter.
Steve Cohen talks about the 2025 Mets season after arriving in Florida. dot-menu-116018. dot-menu-116019. dot-menu-116020
While the money certainly didn't hurt, Juan Soto has made abundantly clear that he chose for New York Mets for lots of reasons that didn't have anything to do with the 15-year, $765 million contract he was handed by Steve Cohen.
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Cohen would like to get under that threshold at some point, but not now. Not when the Mets have momentum and not when they have a lineup deep enough to compete with the one out west. The Mets simply aren’t ready to compete with a lower payroll yet. They don’t have a farm system regularly churning out big-league players.