Billionaire hedge fund manager Steve Cohen has finalized a record deal to purchase the New York Mets.
The league announced on Monday that Cohen and the Wilpons reached an agreement on the sale, with the deal said to be done between a record-setting $2.4 and $2.45 billion dollars.
The sale is subject to the approval of the Major League baseball club owners but if it is approved, it would make it the most amount paid for an MLB franchise.
Cohen shared on Monday, “I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Met.”
Cohen, a lifelong Mets fan, beat out bids from Alex Rodriguez and fiance Jennifer Lopez, as well as offers from New Jersey Devil and Philadelphia 76ers owners Josh Harris and David Blitzer.
This is Cohen's second attempt at purchasing the Mets but it looks like he is finally rounding third and heading for home.