In search of their first World Series title since 1986, the Mets lost to the Dodgers in last year’s NL Championship Series. After signing Juan Soto and others, Cohen estimated his team’s payroll at $325 million.

His biggest splash came in this past offseason, when the Mets brought in superstar Juan Soto on a staggering 15-year, $765 million contract that was more than 22 other MLB teams spent combined and made him the highest-paid player in sports.

Reaching the postseason will be considered the barometer of success, and if the Mets reach the October tournament enough, Cohen is taking the approach that his will eventually be the last team standing. Juan Soto is the top attraction, with Pete Alonso back to provide lineup protection for the Mets’ newest star.

US growth is likely to slow in the second half of the year as tariffs, tighter immigration laws and government cost-cutting efforts led by Elon Musk weigh on the economy, billionaire Steve Cohen said.

It's important to take Cohen's statements with a grain of salt. While he is (mostly) correct that the Mets finished 17th in average home attendance during the 2024 season (29,484 fans per game), the team was well on its way to the postseason by the series he referenced in his example.

The 'Squawk on the Street' team discusses Steve Cohen, Point72 CEO, comments about DOGE at the FII Priority Summit.