
An issue with culture
There is no question that the New York Mets need to change their culture. It is something that Steve Cohen had talked about when he took over as the principle owner of the franchise.
But culture issues also follow Cohen. He had been sued by his ex-wife for insider trading and racketeering, charges that were dismissed. However, those insider trading charges were taken up by the SEC against his company, with a settlement in a civil case prohibiting Cohen from managing outside money until 2018.
Those were not the only issues to plague Cohen during his time managing his hedge fund business. He was alleged to have created a sexist culture, using vulgar and abusive language towards female employees. That trickled down through the company, as other male employees would ridicule female employees while commenting on their bodies.
That has to be a giant red flag for any prospective member of the front office. As they would be expected to help change the culture of the organization, one has to wonder how much Cohen himself would keep that change from happening.
The New York Mets already have culture issues. Steve Cohen’s past could also be driving away these candidates as his own previous culture issues come to the forefront.