As the other owners discuss financial flexibility, Steve Cohen flexes his finances. stephapstein on the Mets signing Carlos Correa
. The Mets’ payroll last year was a franchise-record $264 million; Cohen had already added righty Justin Verlander, for two years and $86.7 million; righty Kodai Senga, for five years and $75 million; lefty José Quintana, for two years and $26 million; and re-signed closer Edwin Díaz, for five years and $102 million; and center fielder Brandon Nimmo, for eight years and $162 million.
Correa, arguably the best shortstop in baseball, signed with the Mets to play third base after his contract with the Giants fell through., a league record by some $100 million, and $151.3 million above the threshold. The overage would be higher than the payroll of 13 other teams; seven teams currently are estimated to carry a payroll below the $111.6 million that the Mets will pay in taxes alone.
This is what the other owners feared when they reluctantly allowed Cohen to buy the Mets in 2020: He’s embarrassing them. And it’s great for the game. Cohen is one of three MLB owners who seem to understand the equation that underpins sports: Money buys good players, and good players produce wins. It’s no accident that the other two met in the National League Championship Series in October: the
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