Mets Owner Steve Cohen Apologies To Fans For A Disastrous Season & Promises A Better Performance

Owner of the New York Mets Steve Cohen’s $1 million investment in the team hasn’t worked out as expected. Due to the skyrocketing expenses of contracts, the Mets have lost their chance to make the playoffs and have become one of the largest sellers during this trade window.

Mets Owner Steve Cohen Apologies To Fans For A Disastrous Season & Promises A Better Performance

The owner issued an official apology on behalf of the Mets organization in an open letter to the fan base.

The owner of the Mets thanked season ticket holders for their support and assured them of a better future in New York.

Cohen and his wife Alex both signed the letter.

The Mets, who are currently 50-59 and fourth in the NL East, were guaranteed by Cohen in a letter acquired by The Post that they will be “competitive” and “formidable” in 2024.

He also voiced his disappointment with 2023.

“We added several key pieces to our team, but things have not turned out how we planned,” Cohen said in the letter. “You are rightfully disappointed and so are we.

“This is not where we wanted to be in 2023. Being a constant competitor is our aim. The only way to do this in a sustainable way is to build a pipeline of high caliber talent in our farm system that will fuel our major league team for years to come.”

The Mets’ had a $364 million payroll this season, by far the highest in baseball, but it did not equal results.

“We will be competitive in ’24 but I think 25-26 is when our young talent makes an impact,” Cohen wrote in a text message to the Post’s Jon Heyman. “Lots of pitching in free agency in ’24. More payroll flexibility in ’25. Got a lot of dead money in ’24.”

Cohen adopted a similar demeanor while addressing the media prior to this week’s Mets series in Kansas City.

“I think the expectations were really high this year and my guess is next year will be a lot lower,” Cohen said. “But I can’t speak to what is going to happen in the offseason. There might be opportunities — I am opportunistic. I don’t want to roll a team out there we are going to be embarrassed by.

“But we also know that spending a fortune 
 doesn’t guarantee you a trip to the playoffs.”

“In a very short period of time, we have infused an unprecedented amount of top-tier prospects into our system that would otherwise have taken years to accumulate,” he wrote in the email.

He specifically mentioned several top prospects: infielders Luisangel Acuña, Marco Vargas, Jeremy Rodríguez, Jeremiah Jackson, outfielders Drew Gilbert, Ryan Clifford, catcher Ronald Hernandez and pitchers Justin Jarvis, Coleman Crow and Landon Marceaux.

The New York Mets proved to be an inconsistent team. Good performance up until June was followed by significant lulls from which they never recovered. Cohen anticipated that the Mets will once again be NL East contenders with a record payroll.

The management determined that it would be preferable to sell and rebuild for the future, despite the fact that they still had a 17% chance of making the playoffs.

As a result, the roster’s high salary has been reduced to approximately $140.5 million. That sum is $16 million less than the $156,495,419 that the franchise is now paying to players who are not on the roster.

“Our fans having a great time at the ballpark is important to us and that’ll never change, it will only get better as the years go on,” Cohen wrote. “Wait until you see what’s in store for next season.”

 

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