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Steve Cohen

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Biggest Player Contract Ever In Sports: NY Yankees' Juan Soto Signs With Rival Mets For $765M Biggest Player Contract Ever In Sports: NY Yankees' Juan Soto Signs With Rival Mets For $765M
Biggest Player Contract Ever In Sports: NY Yankees' Juan Soto Signs With Rival Mets For $765M It's truly one for the books. New York Yankees free agent right fielder Juan Soto has reportedly agreed to a $765 million, 15-year deal to go crosstown and join the rival Mets. It's the largest deal in pro sports history, with no deferred money, a $75 million signing bonus, and an opt-out after five seasons, according to mlb.com. The signing represents a bold move for Mets owner Steve Cohen in his quest to build a championship-caliber team. He outbid not only the Yankees but also Soto's other suitors: the Boston Red Sox, Los Angeles Dodgers, and Toronto Blue Jays. News…

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by Joe Lombardi
Business
Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List
Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List Forbes released its annual list of the nation's 400 richest Americans this week, and a Connecticut hedge fund manager ranked among the top 40. In all, five billionaires call the Nutmeg State home.  Steve Cohen, who runs Point72 Asset Management headquartered in Stamford, was ranked 39th among the richest Americans, and the richest person in Connecticut.  According to Forbes, the 68-year-old Greenwich resident is worth an estimated $21.3 billion, a massive increase from when he was worth $13.6 million in 2019.   Cohen purchased the New York Mets in 2020.  Related:…

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by Josh Lanier