Headlines

  • MLB, ESPN Nearing Deal Involving MLB.TV And In-Market Rights For Five Clubs
  • Astros To Sign Craig Kimbrel
  • Rays Promote Carson Williams
  • Red Sox To Promote Jhostynxon Garcia, Place Wilyer Abreu On IL
  • Kyle Tucker Was Diagnosed With Hairline Hand Fracture In June
  • Félix Bautista Undergoes Shoulder Surgery, Expected To Miss 12 Months
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

Remove Ads
  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Houston Astros
      • Los Angeles Angels
      • Oakland Athletics
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

Newsstand

Rangers “Discussing” Joey Gallo In Trades

By George Miller | August 30, 2020 at 7:23pm CDT

7:23PM: The Rays and Padres are two of the clubs with interest in Gallo, according to Ken Rosenthal of The Athletic.

2:25PM: As speculation about ace Lance Lynn abounds, the Rangers are also floating another star in trade talks: Texas is “discussing” Joey Gallo in potential trades, reports ESPN’s Jeff Passan. As with Lynn, expect the asking price for Gallo to be quite high, so we’ll have to wait to see just how motivated Texas is to deal its slugging outfielder.

Gallo turned a corner last season, blossoming into more than merely a homer-happy strikeout machine. Make no mistake, the dingers and strikeouts were still there in abundance, but his offensive game took an overall step forward, with Gallo looking like a more well-rounded slugger. His batting average climbed to a respectable .253, OBP up to .389, and accordingly his OPS elevated into elite territory, finishing the year at .986. Granted, a hamate injury limited Gallo to just 70 games played, but there were plenty of indications that production of that caliber was the new normal for the 26-year-old.

Gallo has shown himself to be a solid defender, having played all three outfield positions in the past and settling into right field this year. He’s an all-around athlete, with speed and ample arm strength making him more than a one-dimensional slugger. Those things, along with his age and remaining team control—he’s got two years of controllability left, first eligible to reach free agency after the 2022 season—will lead the Rangers to demand a significant return for their best offensive player.

Alas, Gallo has stumbled out of the gates in 2020, managing an unspectacular .774 OPS, though there has been no shortage of homers, walks, and strikeouts. But if Gallo has struggled this year, the surrounding lineup hasn’t offered much help. Texas has scored the third-fewest runs in baseball, with only the Marlins and Cardinals (who’ve played just 24 games) trailing them. That’s led to a 12-20 record, leaving them with slim chances to crack even an expanded postseason bracket.

Interested teams will note that Gallo is represented by Scott Boras, whose clients don’t often go for extensions. Of course, the Rangers are consider that factor as well, and they’d be remiss not to listen to offers for a player who might not stick around for the next contending Rangers team. To be sure, there’s no pressure to pull the trigger on a deal right now, but Texas will have to weigh its confidence in working out an extension with Gallo if they intend to hang on to him.

There’s no word on specific teams that have inquired about Gallo, but one figures there’d be widespread interest in a controllable, athletic outfielder who brings value both at the plate and in the field.

Of course, trading Gallo would seemingly signify the Rangers’ intent to launch a full-scale rebuild, something they haven’t committed to over the last few years as they mire in a sort of baseball purgatory. They’ve struggled to build a cohesive position player group, with players like Rougned Odor and Nomar Mazara displaying wild inconsistency interspersed with massive potential. Mazara, of course, is in Chicago while Odor has floundered this year. Texas is hampered by a hefty contract for shortstop Elvis Andrus, whose OPS has plummeted to just .494 on the season.

The Rangers fluttered around .500 with Gallo in the lineup last year, which surely informed their decision to spend the following winter strengthening the Major League roster, trading for Corey Kluber and inking contributors like Todd Frazier, Kyle Gibson, and Jordan Lyles. Evidently, those moves haven’t panned out, and it may be time for the Rangers to reverse course.

With Lynn and Gallo in their possession—arguably the best pitcher and position player on the trade market—the Rangers have the power to shape this year’s trade deadline, which is shaping up to be a seller’s market. Both Lynn and Gallo could be critical pieces for contending teams, the type of trade that pushes a contending team over the top. Right now, they look like the team to watch.

Share 0 Retweet 13 Send via email0

Newsstand San Diego Padres Tampa Bay Rays Texas Rangers Joey Gallo

152 comments

Rockies Acquire Mychal Givens From Orioles

By George Miller | August 30, 2020 at 1:09pm CDT

The Orioles have dealt relief pitcher Mychal Givens to the Rockies, according to Jon Heyman of MLB Network. Along with Tommy Milone, Givens is the second key pitcher the Orioles have traded away today. In return, the Orioles will receive Tyler Nevin, Terrin Vavra, and a player to be named later, as first reported by Mark Feinsand of MLB.com.

Givens has returned to the setup role after struggling as Baltimore’s closer for much of last season, converting just 11 of 19 save opportunities. 2019 was clearly Givens’s worst season since debuting in 2015, but this year he’s once again showing the form that allowed him to excel as Zack Britton’s right-hand man just a few years ago.

Through his first 13 innings of work this year, Givens is sporting a 1.38 ERA and an even 1.00 WHIP, which is supported by career-best strikeout numbers and a 3.17 K:BB ratio. His strikeout rate has climbed up to 38%, and while his walk numbers are up slightly from years’ past, it’s not enough to induce panic. Opponents’ batted-ball results are much improved over last year, aligning more closely with Givens’s 2017 season, when he was at his best. Givens relies heavily on a four-seam fastball that sits right around 95 mph, also utilizing a mid-80s slider and a changeup.

By acquiring Givens, the Rockies hope to strengthen a bullpen that is currently producing to the tune of a 5.81 ERA, the third-worst in all of baseball. For what it’s worth, that number is quite a bit higher than the unit’s 4.22 FIP, which is roughly middle-of-the-pack, but the fact is that the Colorado ’pen has not done well to prevent runs this year. With Scott Oberg out for the year and Wade Davis on the injured list, it’s a thin unit that has had to rely on inexperienced arms like Yency Almonte, Carlos Estevez, and Jairo Diaz.

At first blush, it looks like a pretty solid haul for the O’s in exchange for their top reliever. In Vavra and Nevin—two 23-year-olds—Baltimore is getting the Rockies’ No. 7 and No. 14 ranked prospects, respectively (courtesy of MLB Pipeline). Nevin is strictly limited to corner positions (experimenting with the outfield last year after beginning his career at third base), and is a bat-first player with solid plate discipline and the ability to make hard contact to all fields. His 13 home runs at Double-A last year tied a career high.

Vavra, meanwhile, was the Rockies’ third-round draft choice in 2018, and projects as a middle-infield type, with second base perhaps his best fit at the Major League level. He’s likewise known for his bat, a line-drive hitter with advanced bat-to-ball skills who walked as often as he struck out last year. A switch-hitter, his hitting talent has been on display in the year and a half since he was drafted, though he’s only reached as high as A-ball.

Share 0 Retweet 6 Send via email0

Baltimore Orioles Colorado Rockies Newsstand Transactions Mychal Givens

111 comments

A’s-Astros Game Postponed Due To Positive COVID-19 Test

By Anthony Franco | August 30, 2020 at 11:25am CDT

11:25 am: Another positive test at the Astros’ alternate site has again forced the organization to shut the complex down, reports Chandler Rome of the Houston Chronicle (via Twitter).

9:30 am: Today’s Athletics-Astros game in Houston has been postponed following a positive COVID-19 test in the Oakland organization, the A’s announced. The club is conducting contact tracing and will isolate in Houston pending further testing. An Oakland player tested positive for the virus, reports Jon Heyman of MLB Network (Twitter link).

Hopefully, the immediate postponement of games and isolation can prevent a clubhouse outbreak akin to the ones that affected the Marlins and Cardinals earlier this season. More recently, positive tests within the Reds’ and Mets’ organizations have been successfully contained with rapid postponements and isolation. Even in those situations, the affected teams were held out of action for at least four days pending contact tracing and additional testing. It seems likely that Oakland’s upcoming series against the Mariners, scheduled for next Tuesday through Thursday in Seattle, is also in jeopardy (although MLB has not yet addressed those games).

This is the first COVID-related postponement of games in the Western divisions. The Astros’ alternate training site was shut down by a positive test last weekend but was reopened three days later.

Share 0 Retweet 6 Send via email0

Houston Astros Newsstand Oakland Athletics

60 comments

Cubs Acquire Jose Martinez From Rays

By Anthony Franco | August 30, 2020 at 11:13am CDT

The Cubs are acquiring designated hitter José Martínez from the Rays, per ESPN’s Jeff Passan (Twitter link). Chicago is sending two players to be named later or cash considerations in exchange. Catcher Josh Phegley has been designated for assignment to clear roster space.

Martínez burst onto the scene with the Cubs’ archrival Cardinals between 2017-18, hitting .306/.369/.478 over those two seasons. Since the start of 2019, Martínez has put up a more pedestrian .264/.339/.406 mark split between St. Louis and Tampa Bay, although he’s continued to feast on left-handed pitching in that time.

The Rays just picked Martínez up from St. Louis over the offseason in a trade that sent top pitching prospect Matthew Liberatore to the Cardinals and also brought back outfielder Randy Arozarena. He played a little bit of first base in Tampa but will obviously be seen almost exclusively as a DH in Chicago, where Anthony Rizzo has first locked down. Martínez will make just over $320K the rest of this season, followed by two additional years of arbitration control. With Martínez gone, Tampa figures to lean more heavily on Yoshi Tsutsugo and Ji-Man Choi at first base/DH.

Share 0 Retweet 10 Send via email0

Chicago Cubs Newsstand Tampa Bay Rays Transactions Jose Martinez Josh Phegley

146 comments

Braves Acquire Tommy Milone

By Anthony Franco | August 30, 2020 at 10:51am CDT

10:51 am: The deal is official. Atlanta designated first baseman Matt Adams for assignment to clear roster space for Milone, who is in fact set to start tonight’s game for the Braves.

8:26 am: The Braves are nearing a deal to acquire left-hander Tommy Milone from the Orioles, reports Mark Bowman of MLB.com (Twitter link). Atlanta will send two prospects, neither of whom is in the Braves’ 60-man player pool, to Baltimore, reports Joel Sherman of the New York Post (via Twitter). Because they are outside the player pool, those prospects will be included as players to be named later. Presumably, we won’t know their identities until after the end of the season.

Milone, 33, was surprisingly named Baltimore’s Opening Day starter after latching on with the organization on a minor-league deal over the offseason. That start didn’t go as planned, but he’s quietly performed well in his five starts since. Overall, Milone has a 3.99 ERA in 29.1 innings this season.

The soft-tossing Milone has always been a control artist, and that’s continued in 2020. More importantly, he’s struck out a career-best 24% of hitters in the early going on the back of a career-high 12.5% swinging strike rate. The Braves will place a low-cost bet Milone can mostly maintain that uptick in swing-and-miss while working in his customary 86-87 MPH velocity range. His $1MM base salary was prorated to a little over $370K, of which about $173K remains. Milone will be a free agent at season’s end.

It still seems there’s room for the Braves to explore further rotation acquisitions. Max Fried has been exceptional so far, but the rest of the rotation has been shaky. Despite those starting pitching woes, the Braves are off to an 18-14 start and two games ahead of the pack in the NL East. However, they’re not expected to be involved in the pursuit of Rangers ace Lance Lynn, hears Bob Nightengale of USA Today (Twitter link).

At 14-18, the Orioles are technically still on the periphery of the AL wild card race. Serviceable start notwithstanding, this was always expected to be a rebuilding year for Baltimore, so it’s hardly surprising to see them flip present assets for future value. Prospects Keegan Akin and Dean Kremer are already on the 40-man roster and are speculative candidates to replace Milone in the starting rotation.

Share 0 Retweet 8 Send via email0

Atlanta Braves Baltimore Orioles Newsstand Transactions Lance Lynn Tommy Milone

102 comments

Padres Acquire Mitch Moreland

By Anthony Franco | August 30, 2020 at 10:24am CDT

The Padres have acquired first baseman Mitch Moreland from the Red Sox. Prospects Hudson Potts and Jeisson Rosario are headed to Boston in return.

Moreland, 34, has been in Boston since the start of 2017. On the whole, he’s been a little better than average at the plate, combining for a .251/.332/.471 line (108 wRC+). He has been on an absolute tear this season, though, blasting eight home runs in 79 plate appearances en route to a .328/.430/.746 slash. Moreland has always hit the ball hard, generally avoided strikeouts and drawn his fair share of walks.

Like incumbent Padres first baseman Eric Hosmer, Moreland’s a left-handed bat, but he could complement right-handed hitting DH Ty France. Thanks in part to strong contributions from Hosmer and France, San Diego’s lineup has been among the best in baseball this season. Moreland is owed the balance of his $925K prorated salary and comes with an affordable $3MM club option for 2021.

In exchange, Boston picks up a pair of well-regarded prospects. Both Potts and Rosario were included among Baseball America’s top 30 Padre farmhands midseason. Potts, a 21-year-old third baseman, draws praise for his big-time raw power and comes with a first-round pedigree, but some scouts question his bat-to-ball skills. He performed well in the low minors, but scuffled a bit last season, when he hit .227/.290/.406 with a 28.6% strikeout rate in Double-A. In fairness, Potts was very young for that level, and the Texas League’s an extremely pitcher-friendly environment regardless.

Rosario, 20, was a high-priced international signee from the Pads’ vaunted 2016 J2 class. He draws ample praise for his athleticism and center field defense, although it’s up in the air how much impact he’ll make offensively despite seemingly exceptional plate discipline. Rosario has topped out at the High-A level, where he hit .242/.372/.314 with three home runs in 525 plate appearances.

All told, it’s a pretty strong haul for Boston, especially since Moreland’s fantastic start hadn’t helped propel them past an 11-22 record. That said, roster rules help explain why the Padres were willing to part with both players. Each needs to be added to the 40-man this offseason or else be exposed to the Rule V draft. The Pads, who continue to progress their swath of strong prospects to the high minors and above, have a seeming roster crunch incoming. The Red Sox, on the other hand, don’t have a particularly well-regarded farm system and can more easily find roster space for Potts and Rosario this offseason.

To clear immediate space for the prospects in their 60-man player pool, Boston released infielder Marco Hernández. The 27-year-old amassed a .265/.300/.342 line in parts of three seasons in Boston.

Robert Murray first reported that Moreland had been traded to San Diego (Twitter link). Dennis Lin of the Athletic first reported the return (via Twitter).

Share 0 Retweet 7 Send via email0

Boston Red Sox Newsstand San Diego Padres Transactions Hudson Potts Jeisson Rosario Marco Hernandez Mitch Moreland

158 comments

Dylan Bundy Drawing Interest From Twins, White Sox, Braves

By TC Zencka | August 29, 2020 at 6:13pm CDT

Los Angeles Angels right-hander Dylan Bundy has drawn trade interest from the Twins, White Sox, and Braves, per MLB Network’s Jon Morosi (via Twitter).

After an up-and-down career in Baltimore, Bundy has put together a solid stretch for the Angels here in 2020 to make himself an intriguing trade target. Through six starts in Los Angeles, Bundy is 3-2 with a 2.58 ERA/3.08 FIP and gaudy 5.50 K/BB ratio. Bundy takes the hill tonight for the seventh time this season in what could be his final start in Los Angeles.

If the Angels are believers in Bundy’s progress this year, their chances of contending in 2021 would take a hit by sending him out of town. As much as the Angels have struggled to sign and develop pitching, however, Bundy has just one more season of control remaining. GM Billy Eppler may see an opportunity here to fleece a market shy on sellers and to re-stock their development pool. The Angels gave up four minor-league arms to acquire Bundy, so the price figures to be high. Still, with as much promise as Bundy showed as a prospect, he owned just a 4.67 ERA/4.75 FIP coming into this season, and the Angels could look to sell high on the 27-year-old.

In terms of their suitors, the Twins, White Sox, and Braves are all jockeying for playoff position and could use an additional rotation arm. The Braves have seen their once-strong depth depleted this season and suddenly find themselves lacking certainty in the rotation after Max Fried. Ian Anderson had a strong debut, but he’s just one start into his big-league career. They’d probably prefer to move Josh Tomlin back into a swing role, and Robbie Erlin’s overall numbers aren’t all that encouraging (6.14 ERA in three starts with the Braves).

The White Sox are known to be scouring the league for an additional rotation contributor. Lance Lynn and Robbie Ray are said to be on their list of potential targets. Chicago has a whole host of options for the back end of their rotation, but none of Reynaldo Lopez, Carlos Rodon, or Gio Gonzalez have been able to muster the health and consistency that the Pale Hose seek. Dane Dunning has looked good thus far, but the White Sox remain likely to land a starter sometime before the deadline.

The Twins reportedly reached out to the Reds about Trevor Bauer but were rebuffed. The Twinkies have stumbled of late, falling behind the upstart White Sox in the AL Central standings. Kenta Maeda and Randy Dobnak have been solid at the front of the rotation, though there’s at least a bit of smoke-and-mirrors behind Dobnak’s sterling 1.78 ERA. Rich Hill and José Berríos occupy two other rotation spots, but the fifth spot is currently up-for-grabs now that Homer Bailey and Jake Odorizzi have both landed on the injured list. In terms of targets, the Angels might be interested in prospects Jordan Balazovic and Jhoan Duran, per MLB.com’s Jon Morosi. More than likely the Angels would be targeting pitching in any potential return for Bundy.

Share 0 Retweet 5 Send via email0

Atlanta Braves Chicago White Sox Los Angeles Angels Minnesota Twins Newsstand Dylan Bundy

129 comments

Padres Acquire Trevor Rosenthal

By George Miller | August 29, 2020 at 3:01pm CDT

The Padres have officially acquired right-handed reliever Trevor Rosenthal from the Royals, both teams have announced. Ken Rosenthal of The Athletic first reported that the two sides were nearing an agreement. AJ Cassavell of MLB.com reports that outfielder Edward Olivares is part of the return headed to Kansas City in the deal. In addition, a player to be named later will go to the Royals in the deal, per Mark Feinsand of MLB.com.

Rosenthal, 30, has emerged as one of the most sought-after relief pitchers on the trade market, representing a dramatic turnaround from a disastrous 2019 season—his return from Tommy John Surgery, which cost him the previous year—that saw him walk 26 batters in just 15 1/3 innings of work.

However, it seems that Rosenthal has for the most part returned to the form that made him an All-Star closer with the Cardinals in the first leg of his career. He’s grounded his walk numbers while striking out as many batters as ever, and he’s boasting a nice 3.29 ERA to match.

The Royals brought Rosenthal aboard as a minor-league signing last winter, and they’ve parlayed that low-cost acquisition into a nice payoff, not only getting 13 games of solid pitching from Rosenthal, but now acquiring a pair of pieces (the second of which remains unknown) that are more in line with the organization’s long-term outlook.

Rosenthal will join the Padres with the expectation that he’ll bolster a Padres bullpen that’s been worn down by injuries to Kirby Yates and Drew Pomeranz. Emilio Pagan and Craig Stammen have struggled to fill Yates’s shoes, and for the first time in years the Padres find themselves in position to make a win-now move to strengthen their best roster in recent memory. Rosenthal is only under contract through this year, so he’s a true rental, but his acquisition addresses a glaring need for San Diego.

Rosenthal, who by making the Royals’ MLB roster secured a $2MM base salary for the season, is only owed about $350K for the remainder of the year (due to prorated salaries and roughly half the season in the books), so there’s little obligation on San Diego’s end, outside of the prospect capital required to bring Rosenthal aboard.

The 24-year-old Olivares will depart the Padres after getting his first shot at the big leagues this year. Originally acquired from the Blue Jays in 2018, Olivares has forged a solid minor-league track record, including a 2019 season in which he slugged 18 home runs and stole 35 bases at the Double-A level. To start this year, he’s hit just .176/.222/.294 for the Padres, but he’s still just 34 at-bats into his Major League career.

Share 0 Retweet 14 Send via email0

Kansas City Royals Newsstand San Diego Padres Transactions Trevor Rosenthal

129 comments

Athletics Acquire Tommy La Stella For Franklin Barreto

By Connor Byrne | August 28, 2020 at 10:26pm CDT

10:26pm: Both teams have announced the trade.

9:15pm: The Athletics have acquired infielder Tommy La Stella from the division-rival Angels, Ken Rosenthal of The Athletic reports. Fellow infielder Franklin Barreto is headed to the Angels, per Rosenthal.

Now 31 years old, La Stella was a capable part-time player with the Braves and Cubs from 2014-18, but he has found another gear since joining the Angels before last season. Going back to 2019, La Stella has slashed .289/.353/.483 (125 wRC+) with 20 home runs and as many walks as strikeouts (35). La Stella even earned his first All-Star nod a season ago, though he was unable to play in the game after suffering a fractured tibia.

To his credit, La Stella has come back strong from his injury this year. He could soon emerge as the No. 1 option at second base for a contending Oakland club that has relied on Tony Kemp to handle the position so far.

Although La Stella was terrific as an Angel, they’re well out of contention, and he’s a pending free agent. As such, it made sense for the club to move on from La Stella and take on the 24-year-old Barreto, a former top prospect who didn’t receive consistent playing in Oakland.

Originally acquired from the Blue Jays as part of the two teams’ Josh Donaldson trade before 2015, Barreto batted a woeful .180/.210/.360 with nine homers in 219 plate appearances as an Athletic, and he has totaled just 10 trips to the plate this year. However, in addition to his prospect pedigree and youth, Barreto owns a strong track record in Triple-A, where he has hit .285/.356/.505 with 53 HRs in 1,285 PA. The Angels are obviously hoping Barreto will tap into his potential in their uniform, but because he’s out of minor league options, they won’t have the luxury of demoting him without possibly losing him.

Defensively, most of Barreto’s MLB playing time has come at second, where La Stella and Luis Rengifo have gotten the lion’s share of action for the club this year. But as the Angels go through the final month of what’s very likely to be another non-playoff season, they should be in position to evaluate Barreto as a possible everyday option at the keystone. The A’s, on the other hand, are taking a chance that La Stella will provide yet another weapon on a team aiming for an AL West title and a World Series this year.

Photo courtesy of USA Today Sports Images.

Share 0 Retweet 10 Send via email0

Los Angeles Angels Newsstand Oakland Athletics Transactions Franklin Barreto Tommy La Stella

185 comments

Steve Cohen In Exclusive Negotiations To Purchase Mets

By Connor Byrne | August 28, 2020 at 9:59pm CDT

The Mets appear to be close to finding a new owner. Steve Cohen is now engaged in exclusive negotiations to buy the club, David Faber of CNBC reports. Alex Rodriguez, who has also been vying for the team, issued a statement to Ken Rosenthal of The Athletic conceding defeat.

“The consortium led by Alex Rodriguez and Jennifer Lopez has informed the Mets that they are no longer pursuing the acquisition of the team,” Rodriguez said. “The consortium, which included Vincent Viola, Mike Repole, and Marc Lore had submitted a fully funded offer at a record price for the team which was supported by binding debt commitments from JP Morgan and equity commitment letters from credit worthy partners. The consortium said that they are disappointed to not be part of the revitalization of New York City and provide an exhilarating experience for the fans and wish the Wilpon family and the entire Mets organization well.”

Cohen, the Rodriguez-Lopez team and the Josh Harris-David Blitzer duo were the finalists to land the Mets, but current owners Fred Wilpon and Jeff Wilpon selected Cohen as the favorite, according to Jon Heyman of MLB Network. It’s “believed” the Rodriguez group was willing to offer as much as $2.3 billion, per Faber, but they’ll lose out to Cohen.

While Cohen hasn’t reached the finish line yet, his approximate net worth of $15 billion, long-running pursuit of the franchise and his status as a minority owner of the Mets seem to make it unlikely he’ll fall short. Cohen’s previous attempt to buy the Mets fell apart over the winter, but the Wilpons’ urgency to sell the team has reportedly increased since then, owing in part to the financial losses they’ve taken as a result of the pandemic-shortened season with no fans in the stands. Now, any new owner would lose upward of $100MM this year and in 2021, Faber reports.

Cohen’s collapsed deal with the Mets included a five-year sale plan in which he’d assume 80 percent of the reins in 2025, but he’d take over as the team’s control person immediately in this instance, Faber writes. It’s unclear what a new agreement could look like in terms of cost or whether Cohen would receive any part of the coveted SNY Network in a sale. Cohen bid $2.6 billion before, but it’s now likely he’ll land the franchise for less, according to Faber.

Share 0 Retweet 11 Send via email0

New York Mets Newsstand

71 comments
« Previous Page
Load More Posts
Show all
    Top Stories

    MLB, ESPN Nearing Deal Involving MLB.TV And In-Market Rights For Five Clubs

    Astros To Sign Craig Kimbrel

    Rays Promote Carson Williams

    Red Sox To Promote Jhostynxon Garcia, Place Wilyer Abreu On IL

    Kyle Tucker Was Diagnosed With Hairline Hand Fracture In June

    Félix Bautista Undergoes Shoulder Surgery, Expected To Miss 12 Months

    Pirates To Promote Bubba Chandler On Friday

    Phillies Place Zack Wheeler On Injured List With Blood Clot

    Red Sox Finalizing Deal With Nathaniel Lowe

    Marcelo Mayer To Undergo Season-Ending Wrist Surgery

    Orioles Promote Samuel Basallo

    Josh Hader Diagnosed With Shoulder Capsule Sprain, Hopes To Return In Playoffs

    Nationals Request Unconditional Release Waivers On Nathaniel Lowe

    Cubs To Promote Owen Caissie For MLB Debut

    Astros Place Josh Hader On Injured List Due To Shoulder Strain

    Mets To Promote Nolan McLean

    Pohlad Family No Longer Pursuing Sale Of Twins

    Felix Bautista, Zach Eflin Done For The Season

    Shane McClanahan Undergoes Season-Ending Arm Procedure To Address Nerve Problem

    2025-26 MLB Free Agent Power Rankings: August Edition

    Recent

    MLB, ESPN Nearing Deal Involving MLB.TV And In-Market Rights For Five Clubs

    Royals Release Mark Canha

    Nationals’ Luis Garcia Jr. Taking Pregame First Base Reps

    Brewers Notes: Ortiz, Hoskins, Gasser

    Red Sox Weighing Bullpen Move For Walker Buehler

    Astros To Sign Craig Kimbrel

    Connor Brogdon Elects Free Agency

    Orioles Place Adley Rutschman On Injured List With Oblique Strain

    Rays Promote Carson Williams

    Tigers To Select Drew Sommers

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • Every MLB Trade In July
    Trade Rumors App for iOS and Android App Store Google Play

    MLBTR Features

    MLBTR Features

    • Remove Ads, Support Our Writers
    • Front Office Originals
    • Front Office Fantasy Baseball
    • MLBTR Podcast
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    Navigation

    • Sitemap
    • Archives
    • RSS/Twitter Feeds By Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    Do not Sell or Share My Personal Information

    hide arrows scroll to top

    Register

    Desktop Version | Switch To Mobile Version