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Bill Madden: Steve Cohen needs to fix the Mets mess by saying goodbye to David Stearns - New York Daily News

Reported by Nydailynews
May 2, 2026· 2 min read
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Key Takeaways
  • • Steve Cohen owns 95% of the Mets franchise and bears ultimate accountability for organizational direction and performance, according to the ownership structure established when he acquired the team.
  • • David Stearns, President of Baseball Operations, faces mounting criticism for roster construction decisions and on-field performance, with the Mets operating as a fourth-place team despite the second-highest payroll in MLB ($369 million).
  • • The franchise is underperforming relative to investment, with sources indicating the team lacks adequate pitching depth and has signed underperforming players, contradicting Stearns' stated rebuild strategy focused on "run prevention."
  • • Institutional tension exists between ownership patience and results, with Bill Madden's reporting suggesting Cohen must decide whether to retain Stearns or pursue new baseball operations leadership to restore organizational credibility.
  • • The $20 million investment gamble referenced in headlines has suffered material setbacks, creating reputational and financial pressure on both ownership and management despite the franchise's substantial financial resources.
Summary
The New York Mets' organizational struggles have intensified scrutiny on ownership and management, with baseball operations leadership facing significant criticism for on-field performance that contradicts the franchise's substantial financial commitment. Steve Cohen, who owns 95% of the franchise, bears ultimate responsibility for the team's direction. The Mets are operating as a fourth-place team despite maintaining MLB's second-highest payroll of $369 million, creating a notable disconnect between spending and results.

David Stearns, the Mets' President of Baseball Operations, has become the focal point of investor and fan frustration. Stearns was hired away from the Milwaukee Brewers—a small-market franchise—with the expectation that he would build a championship contender. However, his tenure has been marked by roster construction decisions widely viewed as counterproductive, including the signing of underperforming players and persistent failures in starting pitching development. A 10-21 record at one point in the recent season exemplified the disconnect between payroll investment and competitive performance.

Commentary from baseball analysts, including Bill Madden's reporting for the New York Daily News, suggests that Cohen may need to reconsider his baseball operations strategy. The narrative centers on whether the "rebuild" approach prioritizing "run prevention" aligns with the financial reality of operating at or near the top of the league's payroll structure. Sources indicate the franchise lacks adequate starting pitching depth and has failed to construct a roster capable of competing with division rivals such as the Atlanta Braves and Philadelphia Phillies.

Stearns has publicly stated his commitment to the organization, noting in interviews that he grew up a Mets fan and remains committed to principles-based decision-making. However, the mounting pressure suggests that ownership patience may be eroding. The franchise's inability to generate positive results despite extensive financial resources raises questions about front-office competency and strategic alignment between ownership expectations and baseball operations execution.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Nydailynews Bill Madden: Steve Cohen needs to fix the Mets mess by saying goodbye to David Stearns - New York Daily News