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Mets owner Steve Cohen would like to be more measured in his spending

February 19, 2025 by Houston Chronicle

After turning the New York Mets into baseball’s biggest spender, owner Steve Cohen would like to see his team build more economically through its farm system. Cohen said Tuesday he’d “like to get below the Cohen tax,” referring to the fourth luxury tax threshold introduced in 2022 and aimed at him. The World Series champion Los Angeles Dodgers led with a $353 million tax payroll last year and paid a $103 million tax. The Mets were second at just under $348 million and paid $97 million in tax. Cohen says, “I’m a piker now compared to the Dodgers.”

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