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.

Mets owner Steve Cohen once again revealed that he’d eventually like to see his team stay below the “Cohen Tax” at Clover Park on Tuesday. The competitive balance tax (CBT) negotiated in the 2022 collective bargaining agreement was intended to curb spending for teams like the Mets,

New York Mets owner Steve Cohen’s desire for a World Series title outweighs his wish to one day get beneath Major League Baseball’s “Cohen tax,” which is a 110% penalty for every dollar spent after surpassing the league’s fourth luxury tax threshold.