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Breaking news: Steve Cohen in agreement to be the New York Mets’ owner

For the New York Mets, a new era is on the horizon. As confirmed by MLB Network’s Jon Heyman, hedge fund billionaire Steve Cohen is in agreement to acquire the major league team from the Wilpons.

The transaction that will see the native New Yorker acquire the Mets was later confirmed by Sterling Partners via a press release on Monday.

“I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets,” Cohen said in the statement, per SNY.

Fred Wilpon has been the majority owner of the Mets since 2002.