Cohen’s acquisition of the New York Mets is still subject to approval by 23 of the 30 Major League Baseball team owners.
Jeffrey Klein, a sports attorney at Weil, Gotshal & Manges, commented, “The New York Mets have been a moribund franchise. I think an infusion of talent and excitement, committed ownership and a long-term business plan will bring back fans, increase viewership, and make for a healthy and competitive franchise. If you’re the business partners of Major League Baseball, the advertisers or broadcasters, they’ll be applauding having another viable team.”
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