Hedge fund manager Cohen agrees to buy Mets

Billionaire hedge fund manager Steve Cohen has agreed to buy the New York Mets from the Wilpon and Katz families.

The team announced the agreement on Monday. The deal is subject to the approval of Major League Baseball owners.

Cohen also entered negotiations to buy the Mets last year, but the deal fell apart in February. He bought an 8% limited partnership stake in 2012 for $40 million. The deal that failed to close would have seen him acquire an 80% controlling share in a transaction that valued the team at $2.6 billion.

Cohen first bought into the Mets when the team sought $20 million minority investment stakes following the collapse of Bernard Madoff’s Ponzi scheme, which heavily cost the Wilpons.

The 64-year-old Cohen is CEO and president of Point72 Asset Management. PHILLIES PLACE 1B HOSKINS (ELBOW) ON 10-DAY IL >> Philadelphia Phillies first baseman Rhys Hoskins might miss the remainder of the regular season after he was placed on the 10-day injured list with an elbow ligament ailment.

Hoskins, 27, is batting .245 with 10 home runs and 26 RBIs in 41 games this season.

The Phillies did get some good news Monday as catcher J.T. Realmuto will not have to go on the IL because of a hip flexor injury, and right-hander

Zack Wheeler is close to returning from a torn fingernail. CARDINALS SCOUT DIES AFTER CONTRACTING COVID-19 >> St. Louis Cardinals scout Charles Peterson died Sunday night after being hospitalized with COVID-19. He was 46.

Peterson joined the Cardinals’ amateur scouting staff in 2012. He also served as a special assistant to Cardinals assistant GM Randy Flores.

Peterson had been in the hospital since Aug. 17.