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Mets Rumors: Steve Cohen Wants Majority Stake in SNY Amid Team's $3B Valuation

Peter Morgan/Associated Press

Although initial sale discussions fell through, Steve Cohen is reportedly still pursuing ownership of the New York Mets, according to Thornton McEnery of the New York Post.

To justify the team's $3 billion valuation, he's looking to also purchase the team's cable network, SNY. Mets current owners Jeff and Fred Wilpon own 65 percent of the network.

"Cohen wants SNY, and he wants it at fair value," a source told McEnery. "The team loses $50 million a year in a good year, so he wants SNY’s revenue, and he might pay a small premium to never have to deal with Fred and Jeff [Wilpon] ever again.