Latest Steve Cohen News

World Series champion Dodgers top MLB luxury tax at $103 million as record 9 teams owe penalty

Dec. 20, 2024 20:20 PM EST

NEW YORK (AP) — The Los Angeles Dodgers topped a record nine teams owing Major League Baseball's luxury tax this year with an unprecedented $103 million penalty, and the $97.1 million bill for the New York Mets raises their tax total under high-spending owner Steve Cohen to nearly $229 million. ...

To lure Juan Soto, Mets created a video of his statue outside Citi Field next to Tom Seaver's

Dec. 12, 2024 19:00 PM EST

NEW YORK (AP) — The New York Mets wanted Juan Soto to know his future with them could be set in stone. When the free agent outfielder traveled to owner Steve Cohen's house in Beverly Hills, California, for a presentation last month, the team unveiled a video that included an image...

Discussion with Mets about converting Clay Holmes into a starter began at GM meetings last month

Dec. 10, 2024 22:37 PM EST

DALLAS (AP) — The Mets were in the midst of the general managers meetings in San Antonio last month when Clay Holmes' agent brought up the idea of converting the two-time All-Star closer back into a starting pitcher for the first time since his rookie season. “The arsenal should...

Soto's record $765 million, 15-year contract with Mets reverberates through Major League Baseball

Dec. 09, 2024 20:05 PM EST

DALLAS (AP) — Shortly after striking a record $765 million, 15-year contract for Juan Soto with the New York Mets, agent Scott Boras walked into Nick & Sam's, a restaurant near the winter meetings hotel, with about a dozen of his staff. They were given a bottle of celebratory...

$1 million per homer? $27,000 a point? $229 per second? Sports is loaded with money oddities

Dec. 09, 2024 13:34 PM EST

These were Juan Soto’s numbers in 2024: 41 home runs, 109 RBIs, a .288 batting average. Keep doing that over the next 15 years, and he’ll be making roughly $1.2 million for every home run. Or $467,890 for every RBI. Or $307,229 for every hit. (Pre-tax, of course.)...

AP Race Call: Democrat Steve Cohen wins reelection to U.S. House in Tennessee's 9th Congressional District

Nov. 05, 2024 22:14 PM EST

Democratic Rep. Steve Cohen won reelection to a U.S. House seat representing Tennessee on Tuesday. Cohen has served the 9th Congressional District since 2007 in a seat that encompasses Memphis. Cohen is the lone Democratic congressional representative among Tennessee's nine House members after Republicans redrew...

Democrat Steve Cohen wins reelection to U.S. House in Tennessee's 9th Congressional District

Nov. 05, 2024 21:51 PM EST
WASHINGTON (AP) — Democrat Steve Cohen wins reelection to U.S. House in Tennessee's 9th Congressional District.