According to Scott Soshnick and Barry M. Bloom of Sportico, Steve Cohen’s bid to buy the Mets was approved by Major League Baseball’s Ownership Committee.
Things are moving along smoothly here, but it’s important to note that this doesn’t mean that Cohen is officially the new owners. Up next is a review by the commissioner’s Executive Council followed by a vote by MLB owners, likely shortly after the World Series. He needs to 23 votes to be approved, which is expected to go down without much in the way of trouble, especially after the recent announcement that Sandy Alderson has been tapped to return should the sale be completed. Cohen has agreed to pay a record $2.42 billion to the Wilpon and Katz families to purchase the Mets. His influence should be felt swiftly in all areas.