When the McCourt family sold the Los Angeles Dodgers to the Guggenheim Partners in 2012, one of the other bidders was billionaire hedge fund manager Steve Cohen.
While Cohen did not get the Dodgers, he continued pursuing a dream of owning a Major League Baseball team and finally saw it come to fruition this offseason after officially purchasing the New York Mets.
The Mets are an organization in a big market, of course, but they haven’t had much success in recent years. There have been trips to the postseason but the franchise’s last World Series win came in 1986.