To own an MLB team, you are required to have a lot of money.
The investment to acquire one is considerable and usually requires several people joining forces.
The profit is significant, but it also needs lots of dollars to invest.
This is not a problem for the New York Mets’ Steve Cohen, though.
With a net worth of approximately $17.5 billion as of January 2023, Cohen is, by far, the richest owner in baseball.
Combine that with a lifelong passion for the Mets as a fan, and voila: you have a committed owner who cares and isn’t afraid to spend.
Here is where the Mets currently rank when it comes to payroll ahead of the 2023 campaign:
As we get closer to Opening Day, here is a look at the top 5 highest total payrolls for 2023 👀💰
(h/t @spotrac) pic.twitter.com/mK4fHDDZgb
— FOX Sports: MLB (@MLBONFOX) February 22, 2023
Not only are the Mets first in MLB when it comes to total payroll, but the difference between them and the second place is a whopping $69 million, while the gap between second and third is just $16 million.
Cohen’s Mets lost Jacob deGrom this year, but re-signed Edwin Diaz and Brandon Nimmo and brought in Justin Verlander, Kodai Senga, Jose Quintana, and several others.
He even agreed to sign Carlos Correa for $315 million before concerns with his ankle made the deal collapse.
Last year, he showered Max Scherzer and Starling Marte with money, and it was Francisco Lindor before that.
Cohen vowed to have his Mets contend for the World Series every year, and he has made sure to spend every penny to put together a competitive, playoff-caliber squad.
The league needs more Cohens, in fact, not fewer.
NEXT:
Carlos Beltran Reveals His Goals In Helping The Mets
