{"id":166088,"date":"2022-12-23T10:28:00","date_gmt":"2022-12-23T10:28:00","guid":{"rendered":"https:\/\/harchi90.com\/steve-cohens-splurge-will-have-consequences-down-the-road-some-in-mlb-say-2\/"},"modified":"2022-12-23T10:28:00","modified_gmt":"2022-12-23T10:28:00","slug":"steve-cohens-splurge-will-have-consequences-down-the-road-some-in-mlb-say-2","status":"publish","type":"post","link":"https:\/\/harchi90.com\/steve-cohens-splurge-will-have-consequences-down-the-road-some-in-mlb-say-2\/","title":{"rendered":"Steve Cohen&#8217;s splurge will have &#8216;consequences&#8217; down the road, some in MLB say"},"content":{"rendered":"<div>\n<aside class=\"single__inline-module alignleft\">\n\t<\/aside>\n<p>Steve Cohen&#8217;s spending spree has been a delight for Mets fans, but some have only grown angry with the near billion dollars the Mets owner has handed out. <\/p>\n<p>The Mets owner has blown past the highest threshold tax the MLB implements for payroll, nicknamed the \u201cSteve Cohen tax\u201d this winter, with some MLB officials up in arms over whether or not the Mets payroll is \u201cfair\u201d or \u201cgood for baseball. \u201d<\/p>\n<p>\u201cI think it&#8217;s going to have consequences for him down the road,\u201d a club official told The Athletic.  \u201cThere&#8217;s no collusion.  But \u2026 there was a reason nobody for years ever went past $300 million.  You still have partners, and there&#8217;s a system.\u201d<\/p>\n<p>In 2022, the Mets were taxed 80 percent on the $10 million over the $290 million threshold they went.  This coming season, they&#8217;ll face a 90 percent fee on every dollar over $293 million \u2014 and they&#8217;ve blown past it by nearly $80 million so far.<\/p>\n<p>\u201cOur sport feels broken now,\u201d another rival executive told The Athletic.  \u201cWe&#8217;ve got somebody with three times the median payroll and has no care whatsoever for the long-term of any of these contracts, in terms of the risk associated with any of them.  How exactly does this work?  I&#8217;m having a hard time wrapping my head around it.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption>Front office folks from around MLB don&#8217;t seen to be reveling in Steve Cohen&#8217;s free agency spending as much as Mets fans are.<\/figcaption><figcaption><span class=\"credit\">Charles Wenzelberg\/New York Post<\/span><\/figcaption><\/figure>\n<p>Yankees owner Hal Steinbrenner is among those who don&#8217;t seem to have an issue with Cohen&#8217;s offseason splurge, though other MLB execs hinted that, while they won&#8217;t be \u201ccolluding\u201d against the Mets owner, they won&#8217;t exactly be looking to help him, either.<\/p>\n<p>\u201cThis game is based on partnership and relationships, and these small markets are going to be really pissed at him,\u201d the first club official said.  \u201cThey&#8217;re going to try and gin up sh-t and cause Rob (Manfred) to f\u2013king get pissed at him.  It&#8217;s not that they can do anything to him, but everybody needs help in this game.  I don&#8217;t think he&#8217;s going to get any help.\u201d<\/p>\n<p><iframe loading=\"lazy\" frameborder=\"no\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm\/?e=NYPH9044796831&amp;light=true%20\" width=\"100%\"><\/iframe><\/p>\n<p>Most MLB teams could match Cohen&#8217;s input into their teams \u2014 24 of the 30 MLB owners are billionaires and 13 of them are worth $3.5 billion or more.  On top of that, every MLB team will be making at least $100 million in TV money at the start of the 2023 MLB season, a value that around half the league doesn&#8217;t invest in its teams each year.<\/p>\n<\/p><\/div>\n<p>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steve Cohen&#8217;s spending spree has been a delight for Mets fans, but some have only grown angry with the near billion dollars the Mets owner has handed out. The Mets owner has blown past the highest threshold tax the MLB implements for payroll, nicknamed the \u201cSteve Cohen tax\u201d this winter, with some MLB officials up &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/steve-cohens-splurge-will-have-consequences-down-the-road-some-in-mlb-say-2\/\"> <span class=\"screen-reader-text\">Steve Cohen&#8217;s splurge will have &#8216;consequences&#8217; down the road, some in MLB say<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[6],"tags":[661,25902,1476,307,5814],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Steve Cohen&#039;s splurge will have &#039;consequences&#039; down the road, some in MLB say - harchi90<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiaGh0dHBzOi8vbnlwb3N0LmNvbS8yMDIyLzEyLzIyL3N0ZXZlLWNvaGVucy1zcGx1cmdlLXdpbGwtaGF2ZS1jb25zZXF1ZW5jZXMtZG93bi10aGUtcm9hZC1zb21lLWluLW1sYi1zYXkv0gEA?oc=5\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steve Cohen&#039;s splurge will have &#039;consequences&#039; down the road, some in MLB say - harchi90\" \/>\n<meta property=\"og:description\" content=\"Steve Cohen&#8217;s spending spree has been a delight for Mets fans, but some have only grown angry with the near billion dollars the Mets owner has handed out. 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The Mets owner has blown past the highest threshold tax the MLB implements for payroll, nicknamed the \u201cSteve Cohen tax\u201d this winter, with some MLB officials up &hellip; Steve Cohen&#8217;s splurge will have &#8216;consequences&#8217; down the road, some in MLB say Read More &raquo;","og_url":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiaGh0dHBzOi8vbnlwb3N0LmNvbS8yMDIyLzEyLzIyL3N0ZXZlLWNvaGVucy1zcGx1cmdlLXdpbGwtaGF2ZS1jb25zZXF1ZW5jZXMtZG93bi10aGUtcm9hZC1zb21lLWluLW1sYi1zYXkv0gEA?oc=5","og_site_name":"harchi90","article_published_time":"2022-12-23T10:28:00+00:00","og_image":[{"url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/steve-cohen-splurge-mlb-owners.jpg?quality=75&strip=all&w=1024"}],"author":"islamlacoste58","twitter_card":"summary_large_image","twitter_image":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/steve-cohen-splurge-mlb-owners.jpg?quality=75&strip=all&w=1024","twitter_misc":{"Written by":"islamlacoste58","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/harchi90.com\/steve-cohens-splurge-will-have-consequences-down-the-road-some-in-mlb-say-2\/","url":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiaGh0dHBzOi8vbnlwb3N0LmNvbS8yMDIyLzEyLzIyL3N0ZXZlLWNvaGVucy1zcGx1cmdlLXdpbGwtaGF2ZS1jb25zZXF1ZW5jZXMtZG93bi10aGUtcm9hZC1zb21lLWluLW1sYi1zYXkv0gEA?oc=5","name":"Steve Cohen's splurge will have 'consequences' down the road, some in MLB say - harchi90","isPartOf":{"@id":"https:\/\/harchi90.com\/#website"},"datePublished":"2022-12-23T10:28:00+00:00","dateModified":"2022-12-23T10:28:00+00:00","author":{"@id":"https:\/\/harchi90.com\/#\/schema\/person\/0689156e87fbe869f0e5efdeef200d5b"},"breadcrumb":{"@id":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiaGh0dHBzOi8vbnlwb3N0LmNvbS8yMDIyLzEyLzIyL3N0ZXZlLWNvaGVucy1zcGx1cmdlLXdpbGwtaGF2ZS1jb25zZXF1ZW5jZXMtZG93bi10aGUtcm9hZC1zb21lLWluLW1sYi1zYXkv0gEA?oc=5#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiaGh0dHBzOi8vbnlwb3N0LmNvbS8yMDIyLzEyLzIyL3N0ZXZlLWNvaGVucy1zcGx1cmdlLXdpbGwtaGF2ZS1jb25zZXF1ZW5jZXMtZG93bi10aGUtcm9hZC1zb21lLWluLW1sYi1zYXkv0gEA?oc=5"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiaGh0dHBzOi8vbnlwb3N0LmNvbS8yMDIyLzEyLzIyL3N0ZXZlLWNvaGVucy1zcGx1cmdlLXdpbGwtaGF2ZS1jb25zZXF1ZW5jZXMtZG93bi10aGUtcm9hZC1zb21lLWluLW1sYi1zYXkv0gEA?oc=5#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/harchi90.com\/"},{"@type":"ListItem","position":2,"name":"Steve Cohen&#8217;s splurge will have &#8216;consequences&#8217; down the road, some in MLB say"}]},{"@type":"WebSite","@id":"https:\/\/harchi90.com\/#website","url":"https:\/\/harchi90.com\/","name":"harchi90","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/harchi90.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/harchi90.com\/#\/schema\/person\/0689156e87fbe869f0e5efdeef200d5b","name":"islamlacoste58","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/harchi90.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5bf7491076e3822b8e0de7b1f9364d75?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5bf7491076e3822b8e0de7b1f9364d75?s=96&d=mm&r=g","caption":"islamlacoste58"},"sameAs":["http:\/\/harchi90.com"],"url":"https:\/\/harchi90.com\/author\/islamlacoste58\/"}]}},"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":165842,"url":"https:\/\/harchi90.com\/steve-cohens-splurge-will-have-consequences-down-the-road-some-in-mlb-say\/","url_meta":{"origin":166088,"position":0},"title":"Steve Cohen&#8217;s splurge will have &#8216;consequences&#8217; down the road, some in MLB say","date":"December 23, 2022","format":false,"excerpt":"Steve Cohen's spending spree has been a delight for Mets fans, but some have only grown angry with the near billion dollars the Mets owner has handed out. The Mets owner has blown past the highest threshold tax the MLB implements for payroll, nicknamed the \u201cSteve Cohen tax\u201d this winter,\u2026","rel":"","context":"In &quot;Sports&quot;","img":{"alt_text":"10\/9\/22 - MLB Playoffs Wild Card Game 3 - San Diego Padres vs.  New York Mets at Citi Field - Mets owner Steve Cohen reacts in the owners suite during the first inning.","src":"https:\/\/i0.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/steve-cohen-splurge-mlb-owners.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":165762,"url":"https:\/\/harchi90.com\/steve-cohens-mets-spending-spree-drawing-complaints\/","url_meta":{"origin":166088,"position":1},"title":"Steve Cohen&#8217;s Mets spending spree drawing complaints","date":"December 23, 2022","format":false,"excerpt":"Some MLB owners are said to be complaining behind the scenes about Mets owner Steve Cohen's big spending, which has reached unprecedented levels. No one has said a discouraging word publicly, but multiple people said there's some deep concern and in several cases consternation. The owners who are unhappy to\u2026","rel":"","context":"In &quot;Sports&quot;","img":{"alt_text":"New York Mets owner Steve Cohen speaks during the Tom Seaver Statue unveiling ","src":"https:\/\/i0.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/steve-cohen-mets-spending.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":165387,"url":"https:\/\/harchi90.com\/i-think-its-going-to-have-consequences-for-him-down-the-road\/","url_meta":{"origin":166088,"position":2},"title":"&#8216;I think it&#8217;s going to have consequences for him down the road&#8217;","date":"December 22, 2022","format":false,"excerpt":"The numbers speak for themselves: A $384.7 million payroll for this upcoming season, plus approximately $111 million in luxury tax fees. A ridiculous $806.1 million committed in one offseason.New York Mets owner Steve Cohen isn't being frugal with his money, and it's caught the ire of some executives and owners\u2026","rel":"","context":"In &quot;Sports&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157240,"url":"https:\/\/harchi90.com\/steve-cohen-is-the-owner-mets-fans-deserve-after-wilpon-era\/","url_meta":{"origin":166088,"position":3},"title":"Steve Cohen is the owner Mets fans deserve after Wilpon era","date":"December 14, 2022","format":false,"excerpt":"During every holiday season, all right-minded Mets fans should remember to send a card to Magic Johnson. He is the point guard who went one-on-one with Steve Cohen a decade ago and posterized him with the winning bid to land the Los Angeles Dodgers. Magic's group prevailed with their $2\u2026","rel":"","context":"In &quot;Sports&quot;","img":{"alt_text":"10\/9\/22 - MLB Mets owner Steve Cohen reacts in the owners suite during the first inning.","src":"https:\/\/i0.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/steve-cohenmets-free-agency.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":164378,"url":"https:\/\/harchi90.com\/mlb-free-agency-grades-carlos-correa-to-new-york-mets\/","url_meta":{"origin":166088,"position":4},"title":"MLB free agency grades &#8211; Carlos Correa to New York Mets","date":"December 21, 2022","format":false,"excerpt":"It all looked a little suspicious Tuesday when the Giants canceled a news conference in which they were expected to introduce Carlos Correa.Then overnight it was followed by the stunning news that the $350 million agreement between San Francisco and the infielder had indeed fallen apart, and Correa is headed\u2026","rel":"","context":"In &quot;Sports&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161011,"url":"https:\/\/harchi90.com\/steve-cohen-discusses-mets-pursuit-of-carlos-correa-we-got-there-late\/","url_meta":{"origin":166088,"position":5},"title":"Steve Cohen Discusses Mets&#8217; Pursuit Of Carlos Correa: &#8220;We Got There Late&#8221;","date":"December 18, 2022","format":false,"excerpt":"Just before Carlos Correa signed his 13-year, $350MM deal with the Giants, the Mets made an attempt to try land the star shortstop. Mets owner Steve Cohen shed more light on that pursuit in an interview with Jon Heyman of the New York Post, as Cohen said that he contacted\u2026","rel":"","context":"In &quot;Sports&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/steve-cohen-splurge-mlb-owners.jpg?quality=75&strip=all&w=1024","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/166088"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=166088"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/166088\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=166088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=166088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=166088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}