The Mets owner has some extra money to pay Juan Soto.
in late 2020, he has shown his willingness to spend — and sometimes on players he doesn’t even have. Now, he’ll invest in a player pipeline for two minor league teams he won’t even own anymore.
Cohen sold the Triple-A Syracuse Mets and High-A Brooklyn Cyclones to Diamond Baseball Holdings, which owns 38 other minor league teams, according to a news release. The Binghamton Rumble Ponies were sold to DBH in April.DBH said that the clubs will keep their current staff and be developed under Mets' leadership.
“With their acquisition by DBH, both clubs will have greater dedicated resources and player development tools to set them up for successful seasons for years to come,” said M. Scott Havens, Mets’ President of Business Operations.in total if Soto opts out after Year 5 and the Mets tack on $4 million per season from Years 6-15.
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