The New York Mets and owner Steve Cohen made headlines this week after convincing free agent Carlos Correa to join the team. However, it cost the Big Apple team dearly, and other major league owners are now wondering how they can stay competitive.
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According to the journalist of the “New York Post” Jon Heyman, several owners would express their dismay in secret since they judge that Cohen went too far. By awarding the shortstop a 12-year, $315 million contract, the Mets increased their payroll to $384.6 million, nearly $100 million more than the second-placed New York Yankees.
The team playing at Citi Field will still have to pay a punitive tax of around $110 million.
Also according to Heyman, some owners have called the Mets’ spending “excessive”. The Yankees, Hal Steinbrenner, mentioned Wednesday that the major leagues should look into the subject.
In addition to Correa, Cohen also used his money to land lucrative deals for Edwin Diaz and Brandon Nimmo, and most importantly, veteran pitcher Justin Verlander. Remember that the businessman would hold a fortune estimated at $17 billion.