Steve Cohen picks up stake in James Dolan’s Las Vegas Sphere

[metirish]

Look, probably means nothing, but perhaps the Mets back to MSG one day ?



https://nypost.com/2024/06/24/sports/steve-cohen-picks-up-stake-in-james-dolans-las-vegas-sphere/https://nypost.com/2024/06/24/sports/steve-cohen-picks-up-stake-in-james-dolans-las-vegas-sphere/

[Edgy MD]

It's hard to lose money investing in Vegas, but some folks sure seem committed to testing that proposition.



I'd be loathe to get into bed with James Dolan, but I imagine, like with the Wilpons, Cohen is insinuating himself in initiatially with the purpose of taking over later.

[metirish]

Good call , I would be curious to know if Cohen ever made a play for SNY and he's been rebuffed , if the Mets ever left SNY it would be finished

[Lefty Specialist]

Wilpons didn't want to give up SNY in the deal if I recall. I think there was a bigger deal almost in place that would have included it, but Jeffy and Fred backed out. The irony would be if the Mets went elsewhere when the deal is up, but that doesn't happen until 2035. One of the last things they did before selling the team was extend that contract with SNY. It's basically the only asset they have.

[Edgy MD]

Oh, they have plenty of assets, including Sterling Equities still holding 5% of the team.