Tag

Steve Cohen

All articles tagged with #steve cohen

business1 month ago

NYC Gaming Board Recommends Licenses for Three New Casinos

Steve Cohen, Genting Group, and Bally's have been approved to operate casinos in New York City, with Cohen's project next to Citi Field in Queens set to include a casino, entertainment, and hospitality facilities, creating thousands of jobs and generating billions in revenue and taxes. The licenses mark the culmination of a decade-long process to expand gambling in the region, with significant economic and community impacts expected.

politics3 months ago

Justin Pearson Announces Run for U.S. Congress Amid Tennessee Democratic Rift

Tennessee state Rep. Justin Pearson, known for protesting gun violence, announced a primary challenge against longtime Rep. Steve Cohen in Memphis's 9th District, supported by progressive groups seeking new leadership and addressing local issues like poverty and housing. Cohen, a veteran legislator, faces a rising young Democrat amid calls for change from party groups and community advocates.

business3 months ago

Steve Cohen's Citi Field Casino Nears Final Approval in Queens

Steve Cohen's plan to build an $8 billion casino called Metropolitan Park next to Citi Field in Queens has moved closer to approval after a community advisory panel unanimously supported the bid, which now awaits state licensing. The project aims to create thousands of jobs, include affordable housing, and boost local development, with Cohen leveraging extensive community outreach and lobbying efforts. This marks a significant step in Cohen's diversification from hedge funds to casino ownership, following mixed success with his sports team and past legal issues.

sports1 year ago

Juan Soto's Historic Deal Shifts New York Baseball Landscape

Steve Cohen, owner of the New York Mets, has signed Juan Soto to a record-breaking $765 million contract, outbidding the Yankees and other teams. The deal includes numerous perks for Soto and his family, raising the contract's average annual value to around $55 million. The Yankees, unable to meet the demands, have shifted focus, signing pitcher Max Fried and trading for closer Devin Williams. Meanwhile, the Blue Jays, who also pursued Soto, are reallocating funds to other players.

sports1 year ago

Mets Secure Juan Soto in Historic Deal, Outmaneuver Yankees

The New York Mets have signed Juan Soto to a 15-year, $765 million contract, thrilling both fans and players. Brandon Nimmo expressed his excitement and gratitude towards Mets owner Steve Cohen and president David Stearns for their efforts in securing Soto, a generational talent. Soto chose the Mets over other major teams like the Yankees and Dodgers, marking a significant shift in the Mets' narrative under Cohen's ownership. Francisco Lindor praised Soto's work ethic and alignment with the Mets' culture, highlighting the team's strategic planning and commitment to building a winning roster.

sports1 year ago

Juan Soto's Journey: From Mets Triumph to Historic Deal

Juan Soto signed a $765 million deal with the New York Mets, citing comfort and a family-oriented environment as key factors in his decision, alongside the financial offer. The Mets' owner, Steve Cohen, emphasized a commitment to building a dynasty and supporting players' families, which resonated with Soto. The Mets' strategic approach, including a personalized recruiting video, played a significant role in securing Soto's long-term commitment. The team continues to focus on strengthening its roster, with ongoing discussions about retaining Pete Alonso and enhancing their pitching staff.

sports1 year ago

Mets Triumph Over Yankees in Juan Soto Signing Saga

Juan Soto chose the Mets over the Yankees in a record-breaking $805 million deal, influenced by Mets owner Steve Cohen's personal touch and family-friendly approach. Despite the Yankees' higher initial offer, Soto was swayed by Cohen's gestures, including a permanent suite for his family and a personalized recruitment video. The Yankees' refusal to accommodate similar requests and their adherence to strict policies may have cost them the star player.

sports1 year ago

Mets Maintain Interest in Alonso, Says Cohen

Mets owner Steve Cohen confirmed the team is still in talks with Pete Alonso about his free agency, following comments from baseball operations president David Stearns expressing a desire to retain him. While Alonso has shown interest in the Yankees if the Mets don't make a strong offer, there is no substantial indication of other teams' involvement. Alonso, who declined a qualifying offer, had a down year but remains a valuable player. The Mets, despite their high payroll, could financially accommodate Alonso while also needing to address other roster areas.