ARLINGTON, Texas — The Wilpons are putting the finishing touches on their long-standing ownership of the Mets.
On Monday afternoon, a team source confirmed, the Mets held an organization-wide Zoom call to award employees who had reached milestones for service. At the conclusion of the call, COO Jeff Wilpon thanked all of the employees and bid them farewell, a strong sign that a change in ownership is imminent.
The Wilpons, who took over sole ownership of the team in 2002, buying out their partner Nelson Doubleday (they have held a piece of the team since 1980), have agreed to sell the Mets to hedge-fund magnate Steve Cohen for $2.4 billion. A few more boxes must be checked before Cohen can officially take over: He must be approved first by Major League Baseball’s eight-member Executive Council and then, assuming that passes, by 75 percent of all the owners (22 of 29, with the Mets guaranteed to approve). And New York City mayor Bill de Blasio must sign off on the transfer since Citi Field has a lease agreement with the city. None of these are viewed as high obstacles.
Kyle Gelling, a producer for Barstool Sports, first reported Wilpon’s goodbye message, doing so on Twitter.
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