Spokesperson: Mayor Bill de Blasio still 'evaluating' Mets sale to Steve Cohen

Andy Martino
·1 min read
New York City Mayor Bill de Blasio
New York City Mayor Bill de Blasio

The office of New York City mayor Bill de Blasio confirmed that Steve Cohen’s purchase of the Mets is not yet a done deal.

“At this point the Mayor and his office are evaluating,” de Blasio spokesperson Bill Neidhardt told SNY on Friday afternoon.

If this evaluation stretches into next week, it could delay the vote among MLB owners on whether to approve Cohen as the Mets’ new owner. The Mets are hoping for the vote to occur next Wednesday, Thursday or Friday. But they need de Blasio to move forward first.

As first reported by USA Today, de Blasio has the right to block the sale to “any person that has been convicted in a criminal proceeding for a felony or any crime involving moral turpitude.’’

The company that Cohen founded, S.A.C. Capital, pleaded guilty in 2018 to securities fraud and wire fraud and paid $1.8 billion in fines. But Cohen was not personally charged with a crime, making it unclear what grounds de Blasio would have to block the deal.

Neidhardt did not comment on if de Blasio considered the S.A.C. Capital violations enough to prevent Cohen from buying the team.

MLB officials do not believe that de Blasio will kill the deal, but the situation is causing some consternation among those who want it to close as soon as possible. Executives involved in the sale have been working to figure out how to convince de Blasio to move forward.