The New York Mets were sold to Steve Cohen, but what does that mean for the SimMets owners on SimBull? He recently opened up the checkbook for shortstop Francisco Lindor and signed him for a ten-year extension.
On March 30th, the SimMets were priced at $28.94 and two days later closed at $32.16. There is no coincidence that their price went up because of their ability to sign a long-term superstar to be in the heart of their lineups for years.
Despite the Mets losing three out of their first four games, their price has not dipped below $33.00. Investors, like myself, are buying into this new era of Mets baseball. I am also a Mets fan, so buying my favorite team on SimBull was a no-brainer. For others that don’t root for (historically) losing teams, there are other reasons to invest in the Steve Cohen-owned Mets on SimBull.
Cohen is the richest owner by far in the MLB according to axios.com, his 14.6 billion dollar net worth is almost ten billion dollars ahead of the next richest, Ted Lerner of the Washington Nationals. He promised fans that he would act like a major market organization, unlike the previous majority owners.
Cohen’s wealth really became public when he was just throwing around money during the great GameStop saga in the stock market. When Robinhood halted trading on these “Reddit stocks,” his firm Points72’s stake in the brokerage became public. That all ended up with him getting yelled at by Dave Portnoy on Twitter, so the Mets owner deleted the social media platform for a few weeks.
This dude has a statue that is worth more than some professional franchises so I don’t think he is worried about luxury taxes or whatever fines he might get. He’s a lifelong Mets fan who wants to win a World Series and he has the largest fine in SEC history. He is okay with spending some extra money to get what he wants. NOW THAT IS A GUY I WANT TO INVEST IT!
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