Steve Cohen doesn’t sweat Mets’ winless start: ‘It’s only four games’


Mets owner Steve Cohen was preaching patience for his ball club during a Wednesday morning appearance on CNBC’s “Squawk Box.”

The Mets are still looking for their first win of 2024 after dropping their first series of the season to the Brewers and falling 5-0 to the Tigers on Monday before getting a break thanks to rain on Tuesday and Wednesday.

But Cohen isn’t letting the poor start to bother him about the Mets, and compared the start to a few bad days that can happen when you run a hedge fund.

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“There’s only four games a season,” Cohen said. “It would be the equivalent of a bad start, let’s say in a hedge fund year, you have a few days down at the beginning of January. You still have plenty of time to do what you usually do. Yeah, nobody wants to start 0-4, but it’s early, right? During the season you will have some losses. We just happen to have one at the beginning.”

The Amazins offense has struggled early in the season with the team being held to one run or fewer in three of their first four games of the year, and Brandon Nimmo, Francisco Lindor and Jeff McNeil have combined to go just 3-for – 44.

Cohen has been an especially passionate owner since he bought the Mets in 2020, telling CNBC that he leaves player decisions up to his baseball staff.

“I don’t make the decisions. My baseball people are making the decisions,” he said. “My job is when they need me to support their decisions, they come to me and say, ‘This is what I want to do.’ I’ve never said no to anything. I mean, we have discussions and we talk about it, but those ideas don’t come from me, which is completely different than running my hedge fund.”

Mets owner Steve Cohen Corey Sipkin for the NY POST
Harrison Bader reacts to a hit during the Mets’ loss to the Tigers on Monday. Corey Sipkin for the NY POST

Cohen, who is also CEO and chairman of Point72 Asset Management, added that he was much more hands-on with his hedge fund, but that with 200 portfolio managers, they also have the freedom to do what they need without being micromanaged.

“I’m used to operating in a very decentralized way and giving people a lot of leeway,” Cohen said.

The ugly start won’t win over many fans for the Mets, who were already recovering from a 2023 that saw them finish 75-87 after boasting the highest payroll in the major leagues.

The Mets got rained out again on Wednesday. AP

The Mets made more subtle player moves this offseason, focusing on building the team by developing young talent while splashing out big-name free agents when it makes sense, which could come next offseason.

Yankees slugger Juan Soto could be one of the names on the market.

Cohen said during the Squawk Box interview that he “didn’t care about the cost side.”

Starling Marte and the Mets are off to an 0-4 start. Corey Sipkin for the NY POST

“I said in my original press conference if I can make millions of people happy, how cool is that? And so I actually see it as a civic responsibility,” he said. “Listen, nobody wants to lose money forever and spend money and not succeed. And for me, I consider success not only winning the World Series, making the playoffs and winning the World Series, but also developing a deep farm system that creates talent over the years over and over again.”

The Mets hope to turn the tide starting Thursday when they play the Tigers in a doubleheader at Citi Field.

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