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Like it or not, Steve Cohen’s David Stearns loyalty is right call

Reported by Nypost
Jul 1, 2026· 2 min read
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Key Takeaways
  • • Steve Cohen has publicly committed to retaining David Stearns as Mets General Manager through his five-year contract, rejecting the option to fire him for cause despite deteriorating on-field performance.
  • • The Mets' competitive trajectory has declined sharply year-over-year: playoffs in 2024, missed postseason in 2025, and non-contention status in 2026, positioning the franchise as baseball's most disappointing team this season.
  • • Cohen acknowledged on "The Show with Joel Sherman and Jon Heyman" podcast that he is "extremely worried" about the team's near-term outlook and has identified regression in the farm system as a critical concern.
  • • The ownership decision reflects a belief that Stearns' tenure is too early for fair evaluation despite roster control increasingly reflecting his personnel decisions, signaling patience with a multi-year rebuilding timeline.
Summary
Steve Cohen, the Mets' owner, has publicly declared his intention to retain General Manager David Stearns despite escalating performance concerns that have left the franchise in organizational and competitive distress. As the roster increasingly reflects Stearns' personnel acquisitions and strategic decisions, the team's on-field results have deteriorated substantially—falling from a final-day playoff qualification in 2024 to missing the postseason entirely in 2025 and failing to contend in 2026. The franchise now holds the distinction of being baseball's most disappointing team this season.

Cohen's loyalty stance carries strategic weight given his financial resources and authority to terminate Stearns for cause. However, the owner has chosen to maintain the relationship through the executive's five-year contract term, framing the decision around timing and fair evaluation. In a recent appearance on "The Show with Joel Sherman and Jon Heyman" podcast, Cohen revealed he is "extremely worried" about the organization's trajectory, specifically citing regression in the farm system as a material threat to future competitiveness.

The decision reflects a philosophical position that Stearns' tenure remains too early for comprehensive performance judgment, even as the executive's roster construction decisions become increasingly visible in lineup composition. This posture effectively signals Cohen's acceptance of a prolonged rebuilding cycle and his willingness to absorb continued competitive underperformance during Stearns' tenure. For institutional observers tracking organizational management and capital allocation in sports operations, the commitment underscores the tension between ownership impatience and the long-term structural changes Stearns' approach may require.

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Sources

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

Nypost Like it or not, Steve Cohen’s David Stearns loyalty is right call