Mets may outspend Yankees in shocking turn of events: Sher Daniel Jones needs to see big picture in Giants negotiations, Red-hot Jon Rahm no match for wind-swept Bay Hill: 'F--king hard', The Marchand and Ourand Sports Media Podcast, The Show with Joel Sherman and Jon Heyman, Amazin' But True: A NY Mets Baseball Podcast, Gangs All Here: A NY Jets Football Podcast, Kellyanne Conway and George Conway to divorce, Canadian teacher with size-Z prosthetic breasts placed on paid leave. In 2002, Wilpon and Sterling Equities bought out Doubleday and as of 2017 have remained the primary owners. In March 1961, the first major management decision was made: to hire George Weiss as president and general manager. City taxpayers clearly were opposed to spending municipal dollars on new stadiums, and the Yankees were looking for a new ballpark as well. Bill Maher is an American comedian, political commentator, and television host. Unfortunately, the new stadium would be plagued by financial issues and water concerns throughout its life. He is a proud supporter of his local team, the Toronto Blue Jays, and loves to explore the history and culture of the sport. Flushing resource fair held by New York Immigration Coalition connects David Wright was given the biggest contract in Mets history at $138 million for 10 years. The 56-year-old would not comment on whether he had purchased a full $20 million share or whether he had made contributions to the purchase. So, how much did Bill Maher make on the sale of the Mets? Jeff Wilpon: Wilpon is the Chief Operating Officer of the Mets. (Hereafter Doubleday File). List of New York Mets owners and executives, National Baseball Hall of Fame and Museum, "Steve Cohen completes $2.4 billion purchase of New York Mets", "New York Mets GM Jared Porter fired for sending explicit texts, images to reporter", https://en.wikipedia.org/w/index.php?title=List_of_New_York_Mets_owners_and_executives&oldid=1139777673, Lists of Major League Baseball owners and executives, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0. For information like contract history, contract incentives, and more, we heartily recommend Cot's Contracts. The Mets were also granted exclusive rights to Shea during the course of the baseball season by Parks Commissioner Newbold Morris. Mets 2020 Payroll. Lawmakers are inching closer to approving a bill that . 15 Joseph Durso, Anatomy of a Mets Baseball Sale, New York Times , February 16, 1980. crossword clue, Fruit-flavored ice dessert crossword clue, Writers Paretsky and Douglass crossword clue, Much, much more than a wink crossword clue, Person, place or thing, grammatically crossword clue, Exchange one thing for another crossword clue, ___ for (tended and looked after) crossword clue, Music mixers at raves: Abbr. The Perks and Perils of Owning a Small Share of a Sports Team Ron Darling and Tim Teufel, for example, got into a scuffle with Houston police after a long night of partying. But the groups that included Maher, Lerer and Scaramucci stuck it out, holding onto their shares in the team. Time for The Mooch to Cash In? Their lowest attendance in franchise history came in 1979 with only 788,905 fans attending home games. The sale ended Jeff Wilpon's tenure as chief operating officer. As a result of their upcoming opponents, such as the Yankees, Red Wings, and Dodgers, they will face a lengthy road ahead of them. Bill ___, part-owner of the New York Mets crossword clue Grant was born in Montreal, the son of Michael Grant, a professional hockey player. 24 Tim Rohan, With Mets in World Series Wilpons are Owning the Moment, New York Times, October 26, 2015. 17 William Grimes, Nelson Doubleday Jr., Publisher Who Owned the Mets, Dies at 81, New York Times , June 17, 2015. Investors who bailed out the Mets in the wake of the Bernie Madoff scandal are about to make a killing now that billionaire Steve Cohen has taken over, The Post has learned. But the team is now worth closer to four times that amount thanks to Cohens deal to purchase a 95 percent stake for $2.4 billion. (The owners ended up settling the lawsuit for $162 million.) } Cohen completes $2.4 billion purchase of Mets, Scherzer tries to test pitch clock limits, gets balk, 7 Cubs combine for 1st spring no-no since 2017, Jays 'playing it safe' after Guerrero tweaks knee, PitchCom-tipping: Loud device leaks Twins calls, Eflin's first start after $40M deal impresses Rays, Rangers' Leclerc to miss WBC with neck injury, Rockies' Rodgers may need surgery, '23 at risk. M. Donald Grant first met Joan Payson at a club in Florida in the 1940s. Cohen made a splash the first time he introduced Mickey Callaway, a Baseball Hall of Fame-bound player who had been out of work for two years. 710 WOR (WOR-AM) First Time Long Time: The New York Mets Podcast You Never Knew You Needed. Cohen's $2.4 billion . Maher has been a lifelong fan of the Mets since the team was founded. { Einhorn wanted to become the majority owner with a $200 million investment, but Wilpon was not willing to relinquish his role as majority owner. Payson Gets New Mets Role, New York Times , February 7, 1968; Jack Lang, Mets Put Scheffing in Murphys Seat, January 17, 1970, in Grant File. Jeff found himself the center of a lawsuit of his own in 2014 over the firing of a pregnant female employee. In 1967 Bing Devine took over as general manager for one season before being replaced by Johnny Murphy for two years. Investing in the Wilpons got scary for a while there, so theyre thrilled to get paid out like this by one of their own, a source familiar with the teams financials told the Post. To go back to the main post you can click in this link and it will redirect you to Daily Themed Crossword October 3 2021 Answers. Nelson Doubleday, Jr.: Doubleday is a minority owner of the Mets. Sterling Equities, the investment company of Wilpon and Katz, owns nearly 65 percent of SNY, keeping those minority shares somewhat in the family. But that will change.24 One of those incidents involved Vince Coleman lighting a firecracker and throwing it into a group of fans. While it is unclear how much of the Mets ownership is currently held by Maher, he is said to be a part owner. In New York, an effort is underway to change that. William Shea - Wikipedia Wilpon was able to right the ship and begin spending again. All of these measures were a one-time fix that would not correct long-term revenue issues. The Mets have won 16 of their past 25 games, including an 8-2 victory over the Nationals on Sunday, and are now just two games out of first place. Installment payments, lease revenue, and another $82 million in insured debt financed the rest of the construction. Here's how WBC offenses stack up with MLB's best. On this Wikipedia the language links are at the top of the page across from the article title. With the increase in salaries and a new GM, Sandy Alderson (who took over in 2010 from Omar Minaya), the Mets began a climb that resulted in their return to the 2015 World Series, which they lost to the Kansas City Royals. "The New York City Law Department has completed its legal review of the proposed sale of the Mets," de Blasio said in a statement. In a conversation with Jimmy Kimmel on Real Time in Feb. 2021, Maher revealed he got his check from the sale. Due to previous agreements Doubleday had to sell to Wilpon and could not put the team out for bids on the open market. The Mets have started the season well in Cohens ownership, having won three out of four games. The planned 80,000-seat expansion and dome did not happen due to financial shortfalls. New bill gains support, end discrimination of obese people Shop the Official On-Field Hat of the New York Mets at New Era Cap. And fans might not realize that Maher used to own a stake in a sports team: the New York Mets. Wilpon did not want to spend any money and even indicated he would walk away before having to spend too much. Show up to Citi Field in style with your New York Mets Cap 2022 . To cover basic expenses, they tried to sell some Mets shares in 2011 to David Einhorn. [1] The Mets owner is Steve Cohen. However, the majority of his wealth has come from his work as an actor and now as the host of HBOs Real Time with Bill Maher. It would have cost him around $20 million to acquire approximately 4% of the New York Mets Major League Baseball team in 2012. If the comedian Bill Maher had devised any of his trademark new rules to owning a baseball team, he did not reveal any on Sunday at Citi Field when he acknowledged that he had . Billionaire hedge fund manager Steve Cohen has been officially announced as the owner of the New York Mets. Cohens $2.4 billion deal to buy the Amazins closed on Nov. 6, putting minority investors including comedian Bill Maher, former White House communications director Anthony Scaramucci and venture capitalist Ken Lerer on track to be paid roughly three times what they forked over in 2012 to provide the Wilpon family with a much-needed cash infusion, sources said. Those issues were not helped when the outfield fences were moved in and the drainage pipes were then outside the fences. On Sunday, a stand-up comedian and political satirist performed at Citi Field. Major League Baseball club owners and New York City Mayor Bill de Blasio approved of Steve Cohen's purchase of the New York Mets. The other stock was held by Fred Trask, who had been Mrs. Paysons financial adviser.11 Grant was asked to step down by de Roulet and the rest of the board, primarily due to his refusal to spend money on free agents. Office hours are 8:00am - 4:00pm, Monday through Thursday. After a lawsuit was filed against the Mets owners, they asked to raise money in order to repay victims of the Bernard Ponzi scheme. Keven Lerner, South Florida Sun-Sentinel 1 hr ago. } In Nov. 2020, billionaire Steve Cohen closed his $2.4 billion deal to buy the New York Mets, and the deal roughly tripled Maher's investment and other minority investments at the time, including those of White House communications director Anthony Scaramucci and venture capitalist Ken Lerer, according to the New York Post. Bill ___ part-owner [] 03, 2023. The biggest scandal in Mets history came with the revelation in 2008 of the Bernie Madoff Ponzi scheme. Returns to investors will be slightly lower because it will exclude costs, including roughly $350 million in remaining debt. Sign up for free newsletters and get more CNBC delivered to your inbox. A new report says that Anthony Scaramucci, as well as fellow team investors Bill Maher and Ken Lerer, are about to benefit from. Possible Managerial Candidates For Mets New GM Billy Eppler Donald Grant, 94, Dies, in Donald Grant File, National Baseball Hall of Fame and Library, Cooperstown, New York. Anthony Scaramucci, who had a brief stint as White House communications director under President Trump, also invested into one of these groups. She had first gotten involved in baseball by buying one share of stock in the New York Giants in 1950 and gradually increased her involvement to a 10 percent share by the mid-1950s. (AP) NEW YORK - No joke: Bill Maher owns a stake in the New York Mets. ); Mail the completed form and your payment to: NYS DMV Custom Plates Unit P.O. (NATIONAL BASEBALL HALL OF FAME LIBRARY), In 2002 Wilpon finally bought out Doubleday for $135 million and became the single principal owner of the Mets, a position he has maintained as of 2017. Katz was a CPA who graduated from Brooklyn College and was the brother of Wilpons wife, Judy. Then, in May 1961 Payson hosted a gathering at her Manhattan home to name the new club. With Fred and Jeff Wilpon still at the helm, the Mets continue to enjoy stability in ownership which has provided them with ups and downs over the years. 29 Jon Heyman, Mets Mediocrity Starts with Wilpon, newsday.com, October 25, 2002; Wilpon File. Jeff Wilpon, Fred's son, became chief operating officer. In case something is wrong or missing kindly let us know by leaving a comment below and we will be more than happy to help you out. At the end of the 2016 season Alderson was able to re-sign Yoenis Cespedes for $110 million for three years, indicating willingness on Wilpons part to commit some big funds for the future.36. Shea hoped to lure one of the leagues weaker members to New York, but talks with the Cincinnati Reds, Pittsburgh Pirates, and Philadelphia Phillies all failed, so he decided to propose the creation of a third league, to be called the Continental League. (COURTESY OF THE NEW YORK METS). PUBLISHED 6:00 PM ET Mar. (Hereafter Grant File). Even then the ownership stayed with Nelson Doubleday and his partner Fred Wilpon. One of the other features of Shea Stadium was the fact that the ballpark was built for multiple tenants, a trend for municipal stadium development in the 1960s. The New York native and lifelong Mets fan was a guest of team chief operating . Those who knew them well described Wilpon as hands-on but calm while Katz was more aggressive and streetwise.20. Wilpon and his wife, Judy, had one son, Jeff, and Judy worked in baseball for a time as well. Saul Katz: Katz is a minority owner of the Mets and the President of Sterling Equities. Bill Maher admitted to acquiring a minority stake in the Mets in recent months. Joan Payson and her family maintained control of the club until they sold it team in 1980. Thanks for contacting us. Data is a real-time snapshot *Data is delayed at least 15 minutes. By 2018, when the compounding interest clause expired, some limited partners jumped at the chance to sell their stakes as the teams financial situation remained poor. Pitcher Dwight Gooden ended up in drug rehab in April 1987. Their World Series run in 2015 helped to raise revenue by nearly $25 million, allowing the Mets ownership to pay down some of their debt.28, After Wilpon became the sole majority owner, the Mets seemed to settle in to mediocrity. [1] The GM controls player transactions, hiring and firing of the coaching staff, and negotiates with players and agents regarding contracts. } Bill Maher Tripled His Money in Mets Minority Stake, Walking A Batter Who Purposely Isnt Swinging Should Get You Booted From Spring Training, Are You Fn Kidding Me? Curt Schilling Responds To Kevin Millar Calling Pitchers Mental Midgets, Interview: Former Red Sox Champion Kevin Millar Talks New MLB Rules With OutKick, Former Minor Leaguer Peter Bayer Contends MLB Is Unfairly Punishing Him For Betting On Baseball During Covid-Impacted 2020 Season | Mike Gunzelman. Shea had initiated efforts to convert a dilapidated lot that was shared with municipal leagues into a new grass field upon which Little League in Harlem could play. Payne Whitney had not only inherited money but added to his fortune with investments in banking, tobacco, railroads, mining, oil, and Greentree Stables. 14 Anthony Rieber, Dj vu All Over Again for Owners of Mets, newsday.com , February 19, 2011; Mets Rule Out Plan for Sale in Near Future, New York Times , October 17, 1979. There are many minority owners of the Mets, including: Fred Wilpon: Wilpon is the Chairman and CEO of the Mets. Tickets. Ass In The Jackpot: A New York Mets Podcast. Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. Scaramucci declined to comment. When Shea Stadium finally opened for the Mets to play their home opener on April 17, 1964, it was supposed to be the state-of-the-art in ballparks. TJMcNeill. What's the Dodgers' plan at shortstop? He worked for a time with the Montreal Expos before coming back home. 6-keys: media/spln/mlb/reg/free/stories, at Other costs that are expected to eat into sale returns include the $15 million the limited partners were forced to fork over this summer when the Wilpons called on them for capital to offset the impact of the coronavirus slamming ticket sales and shortening the season. From 1962 to the current day, the Metropolitans ownership has been fairly stable. Steve Cohen closes sale on Mets, becomes majority owner - Sports 18 Dave Klein, Meet Mets New Boss, The Sporting News , March 29, 1980, 35; Doubleday File. Still, bailout investors now stand to divvy up payouts of roughly $60 million each, for a profit of $40 million, in just eight years, which no-one thought possible at the time, sources said. The stand-up comic and political satirist was at Citi Field on Sunday and revealed that he bought a minority share. When Doubleday & Co. was sold to Bertelsmann AG, the publisher sold its shares of the team on Nov. 14, 1986, for $80.75 million to Fred Wilpon and Nelson Doubleday, who became 50-50 owners. How Corbin Burnes became an ace by making his bed, Olney: Why Chris Antonetti is 'the perfect guy' to lead the Mets. The Mets went on to have the worst record (40-120) of any major-league team in the twentieth century, and attendance for the season was only 922,530. One of the few personnel decisions she weighed in on was bringing Willie Mays to the Mets, as he had been her favorite player with the Giants. Idea Enrages Mets, September 18, 1971 in Grant file. window.mc4wp = window.mc4wp || { Maher's Mets . Steve Cohen - Forbes [4] event : evt, Saul Katz and Fred Wilpon agreed to pay $162 million in restitution to Madoff's victims in 2012. Cohen appears to be moving quickly tomake the transition complete, however, including cleaning out the teams front office, re-upping a star pitcher and giving a press conference on Tuesday that delighted fans and the media. MLB owners approve sale of New York Mets to billionaire Steve Cohen He has been a minority owner of the team since 2002. He eventually found his way to New York City to make his fortune. We don't share your email with any 3rd part companies! The clubs troubles continued, leading Wilpon to make a strong statement about the need for change in 1993. All Shea and Moses had to do was convince others that the idea could become a reality. Bill ___ part-owner of the New York Mets crossword clue This is a very popular game developed by PlaySimple Games which are a well-known company for the creation of the best word puzzle games. But all three men are members of groups of investors that agreed to pay $20 million in 2012 for 4 percent stakes at a time when the Wilpons were facing a towering debt load of more than $500 million, including the $162 million they agreed to pay to put the Madoff nightmare behind them. The New York Mets have a minority stake in Bill Maher. Bill Maher Cashes In On Mets Sale The Mets' sale netted Bill Maher a few thousand dollars. Register now to join us on March 10-12, 2023, in Phoenix, AZ. 25 Tom Friend, Baseball; A tossed Firecracker, a Cloud on Coleman, New York Times, July 23, 1993; Malcolm Moran, On Rainy Day, Saberhagen Pitches a Fit, New York Times , August 7, 1993. Investing in the Wilpons got scary for a while there, so theyre thrilled to get paid out like this by one of their own, a source familiar with the teams financials said. An entity controlled by Cohen owns 95% of the franchise, and the Wilpon and Katz families retain 5% of the team. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. Bill Maher invested in a minority stake in the New York Mets in 2012 that has since tripled in value now that Steve Cohen has bought the team from the Wilpon family for $2.4 billion, the New York Post reports. 4 Murray Chass, M. Payson invited bids for his club and 21 groups responded. We also offer a variety of resources for baseball players, including tips on hitting, pitching, and fielding. Major League Baseball owners approved of Cohen's roughly $2.4 billion purchase of the team from the Wilpon Family on Friday, the. By Zack Fink Manhattan. The Mets Have a New Owner. The New York Mets are an important part of his wealth because of a wise investment. "On behalf of Major League Baseball, I congratulate Mr. Cohen on receiving approval from the Major League Clubs. Bill Madden: Steve Cohen's Carlos Correa deal is just plain reckless In August, CNBC reported Cohen entered into an exclusive negotiation to purchase the Mets, beating out a group led by former Yankees star Alex Rodriguez that included signer Jennifer Lopez and Bodyarmor founder and Queens native Mike Repole. 19 Fred Wilpon File, National Baseball Hall of Fame, Cooperstown, New York. Bret Saberhagen apologized to Mets fans and donated a days salary to charity after he shot a water gun full of bleach into a room full of reporters.25 The change Wilpon was talking about was replacing GM Al Harazin, who had taken over after Cashen resigned at the end of 1991. Capital Advisors, both based in Stamford, Connecticut. New York DMV | New York Mets Gaming operator Seminole Hard Rock's highly anticipated bid for a New York City casino license has been complicated by its business ties to Russia, sources told The Post. 7 Eric Barrow, Shea Stadium: Mets First Miracle, New York Daily News , October 23, 2008. (Hed participated in the latter when he attended Yale.) Mayor Bill de Blasio's office notified the Mets and . She attended games regularly, took care of the players, and even decorated part of her house in Mets colors. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: mlb | pageType: stories | Steve Cohen completes $2.4 billion purchase of New York Mets Under the original appraisal, Doubleday would have received $137.9 million -- half the team's $391 million value after accounting for debt. Mets Maniacs - A New York Mets Podcast. He played in high school and caught batting practice for the Mets. Sadly, the Mets were never able to live up to that monetary commitment and that would cause difficulties when Fred Wilpon wanted a new stadium three decades later. . From there a lifelong friendship and working relationship began. The crossword clue possible answer is available in 5 letters. This article was written byLeslie Heaphy, This article was published in the Team Ownership History Project, Citi Field has been home of the New York Mets since 2009. Koufax played first base while Wilpon pitched. 10 Virginia Kraft, At Paysons Place Hes Just Charlie, Sports Illustrated , April 18, 1977. The Mets have become the center of attention in recent years due to a string of high-profile scandals and blowouts. Her father, Payne Whitney came from a family line that included a Democratic senator from Ohio in the 1880s. February 27, 2023, 4:32 PM Former New York Mets minor league pitcher Matt Pobereyko has died at the age of 31. Wilpon and Katz worked well together from the start as opposites in character. They maintained control by luring minority investors with sweet terms that included guaranteed compounding interest and protection from any capital calls for six years. Investors who bailed out the Mets in the wake of the Bernie Madoff scandal are about to make a killing now that billionaire Steve Cohen has taken over, The Post has learned. He purchased his stake several years ago after previous owners attempted to sell it. Long Before The Miracle: The Making of the New York Mets Hes not going to sit by and allow things to just get worse.30, Jeff Wilpon also became increasingly involved in the club. The 64-year-old Cohen is CEO and president of Point72 Asset Management. There has never been a no-hitter in the history of the United States. Ryan Glasspiegel Plans were immediately underway to construct what was to be known as Flushing Meadows Stadium, but it would never be ready for the first season. listeners: [], The author of this article is Bill Maher, an American comedian, actor, and television host. The official website of the New York Mets with the most up-to-date information on scores, schedule, stats, tickets, and team news. With Cohens acquisitions, the Mets are well positioned for a long season and a chance at winning a World Series championship. She relied on GM Joe McDonald for most decisions but did not expect to be a silent owner. Phone: 602.496.1460 crossword clue, Decodable device featured in "The Da Vinci Code" crossword clue, Bill ___, part-owner of the New York Mets, ___ Scholarship (Bill Clinton was a recipient), ___ Romano, Actor Who Plays Bill Bufalino In The 2019 Epic Crime Film "The Irishman", ___ Principals 2016 HBO dark comedy featuring Bill Murray in a cameo role, ___ Offerman Parks and Recreation actor who plays Bill in HBO's The Last of Us, ___ Kong the place that saw large-scale protests against the Fugitive Offenders amendment bill in 2019, ___ Kitteridge 2014 HBO miniseries that features Bill Murray as Jack Kennison, ___ Jones (Bill Nighy's "Pirates of the Caribbean" role), ___ Colors 1998 comedy-drama film starring John Travolta that was based on Bill Clinton's 1992 presidential campaign, ___ Bizkit '90s American rock band that released their debut album Three Dollar Bill Y'all in 1997, ___ Billboards Outside Ebbing Missouri 2017 drama film starring Woody Harrelson as Chief Bill Willoughby, You might see a big bill from this at a pet shop, You could exchange a $20 bill for four of these, With 17-Across, 1981 Grover Washington Jr. and Bill Withers, Why only skilled parents should make spaghetti? The league would have eight teams, including a New York entry, and would be led by Branch Rickey. Steve is taking care of business, said the insider. After the majority owners of the New York Mets sold a portion of the franchise earlier this year in order to cover their debts, political comedian Bill Maher purchased a minority stake in the team. By 2004 his attitude seemed to be changing as a member of his staff stated, Fred believes in accountability. These struggles led to speculation that Payson was trying to find a buyer for the team. Yoenis Cespedes of the New York Mets stands in the on deck circle in front of cardboard fans during a preseason game at Citi Field on July 18, 2020. 27 Richard Sandomir, Baseball; Owner of Mets Makes a Deal, New York Times , August 14, 2002; Mike Lupica, If Owners Split, Its Break for Franchise, New York Daily News , June 22, 2001; If There Is a Wilpon There May Be a Way, New York Post , December 2, 2001, 28. Pobereyko's death was confirmed in a tweet by the Mexican Pacific winter. One proposal was to share Yankee Stadium, but the Yankees ownership was not interested in anything less than a long-term rental agreement. 7 Cubs pitchers combine for no-hitter vs Machado, Padres, Top moments from Brady, Manning, Jordan and other athletes hosting 'Saturday Night Live', Fantasy baseball rankings, projections, strategy and cheat sheets, Rojas to withdraw from WBC, stay with Dodgers, The best pitcher in MLB? Paysons interest in baseball came from her mother but it was not her only sporting interest. Saul Katz and Marvin Tepper supported Wilpon while Dick Cummins supported Doubleday Jr. Cohen bought the New York Mets in 2020 for $2.4 billion, the highest sale price ever for an MLB team. Unfortunately for many of the bond holders between 2009 and 2014, the Mets attendance fell below projections by as much as 30 percent, meaning little revenue was gained. Pobereyko's death was confirmed by the Mexican Pacific . By becoming the majority owner of the Mets, Wilpon was able to make good on his desire to replace the aging Shea Stadium. Wilpon sued, and the sides then settled. She also invested heavily in horse racing, owning a stable with her brother Jock.2. What the Mets ownership was really doing was transferring some of their debt from the team to the sports network. Part of the blame for the terrible start can be placed squarely on the shoulders of the aging and increasingly disengaged Casey Stengel. Salaries from players currently in the system. Major League Baseball owners approved of Cohen's roughly $2.4 billion purchase of the team from the Wilpon Family on Friday, the league announced. Get this delivered to your inbox, and more info about our products and services. The 1990s ended with Cashen returning as interim GM and Steve Phillips returning the Mets to the World Series in 2000, while serving as GM from 1998 to 2003. On Friday, Cohen closed on the $2 billion-plus deal to buy the team a week . When that deal fell through, Wilpon had to look elsewhere. Per the story, Maher invested into a group that put $20 million into the team at a $719 million valuation. Bill Maher Now Owns Share of the Mets - The New York Times