Steve Cohen's New York Empire Plans Pivot After Historic Juan Soto Deal

Steve Cohen's New York Empire Plans Pivot After Historic Juan Soto Deal

By Michael Harrison

December 9, 2024 at 05:14 PM

Steve Cohen's New York Mets secured Juan Soto from the New York Yankees in a historic $765 million, 15-year contract - the largest in sports history. During negotiations, Cohen expressed his "civic duty" to transform the Mets into the more respected team in the Subway series.

Man wearing blue baseball cap

Man wearing blue baseball cap

Beyond baseball, Cohen has partnered with Hard Rock International to bid for one of three downstate New York casino licenses, expected to be awarded by end of 2025. Their proposed $8 billion Metropolitan Park project at Citi Field would feature:

  • Hard Rock Hotel & Casino
  • 20 acres of green space
  • 5 acres of athletic fields
  • Playground facilities
  • Major transit improvements

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