Steve Cohen is learning what many new owners of professional sports teams have discovered before him. Running a team is not like hedging a bet on a stock or investing in some piece of valuable art—there are too many variables.
And when winning doesn’t immediately follow the money, it may be time to re-evaluate. That’s what Cohen and the New York Mets are doing as Tuesday’s 6 p.m. Major League Baseball trade deadline approaches.
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“I’ve been very patient,” Cohen said a month ago during a press conference.