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MLB’s $1.8B Losses: Steve Cohen’s New York Mets Lead With $350M

MLB privately told owners clubs lost $1.8 billion in 2024, with the Mets’ deficit around $350 million. Those are paper losses amid soaring franchise values and record revenues, and their owner is worth about $21 billion. After fielding baseball’s biggest payroll and still missing October, the Mets are expected to chase one, if not two, front-line starters this offseason.