The New York Mets may not be the most successful Major League team or the most followed team from the state of New York. But with billionaire Steve Cohen by their side, the Mets have the potential to become a new force in the league.

Even though the Mets failed to win anything big in the 2022 MLB season, the Steve Cohen-owned team is in no mood to slow down their new signings.

After the 2022 regular season came to an end, the New York Mets could proudly call themselves the unluckiest team of 2022. With 101 victorious and 61 losses, both the Mets and Atlanta Braves concluded 2022 at 0.623. But due to a last-minute winning spree, the Braves toppled the Mets and directly reached the Division Series. The Mets, on the other hand, reached the Wild Card round and were embarrassingly knocked out.

So, to make his team even more competitive, Cohen is not hesitating spending on new arrivals. And with this, their annual payroll has reached a new high.

A massive payroll but only minimum success:

Steve Cohen, who owns a 97% stake in the New York Mets, is a hedge-fund manager, whose net worth exceeds $15 billion. As reported by B/R Walk-Off, the current payroll projection of the Mets is $421 million.

The Mets, who dominated across the regular season, failed to qualify for the imperative segment of the postseason. And their fans pointed out the inefficiency of the front office to even reach the World Series, despite such a high payroll. The projected payroll includes salaries and state luxury taxes.

Trending

Alex Verdugo a Dad Again Soon: Everything to Know about His Girlfriend Yamille Alcala

March 26, 2024 01:00 PM EDT

MLB Reports: $500 Million Price Tag Attached to Oakland Athletics’ Desire to Leave California for Las Vegas

April 30, 2024 05:00 PM EDT

After Complaining About Missing His Wife, Shohei Ohtani And Mamiko Tanaka Take Time Off to Hang Out With Ed Sheeran

May 03, 2024 10:55 AM EDT

Big Leagues, Bigger Hearts? Discover MLB Players Who Have Adorable Animal Companions

April 26, 2024 02:30 PM EDT

“English Lessons Paying Off”: Dave Roberts Unveils the Key to Yoshinobu Yamamoto’s Recent Exploits For the Dodgers

May 02, 2024 06:00 PM EDT

Get instantly notified of the hottest MLB stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

Alex Rodriguez Once Used a Cheeky Line to Deal With Rumors of a Double Date With Prince Harry and Meghan Markle Alongside Ex-Fiance Jennifer Lopez

This is how fans reacted to the projected Mets payroll:

In 2022, the New York Mets ranked second in the maximum list of payrolls. And it’s now been seven years since the Queen’s team has made the World Series.

New York Mets in the 2022 offseason:

Jacob deGrom, who has stood with the New York Mets since 2014, and led their pitching bullpen, recently signed a five-year contract with the Texas Rangers worth $185 million. With their star righty pitcher leaving, a big hole in the Mets bullpen developed – this would also be their biggest loss in the offseason.

However, to overcome the major deGrom loss, the Mets signed the Japanese sensation Kodai Senga to a five-year, $75 million contract. Now, with Max Scherzer, Justin Verlander, Edwin Diaz, and Senga on the mound, the Mets’ rotation looks sorted for the next season.

However, if not for Pete Alonso, the Mets’ offense looks clueless, something they might work on this offseason.

Watch this story: From Derek Jeter to Alex Rodriguez: Ranking the richest New York Yankees contracts of all-time