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Mets Owner Steve Cohen Breaks Silence During Brutal Skid

Reported by Newsweek ·Marca
Aug 12, 2025· 3 min read
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Key Takeaways
  • • Mets Face Playoff Elimination Risk: After suffering a second consecutive series sweep, the team has lost 7 consecutive games and 11 of its last 12, entering August 12 just two games ahead of the Cincinnati Reds in the final National League wild card spot with genuine risk of missing the postseason entirely.
  • • High-Profile Acquisitions Underperforming: Juan Soto, signed to a record-breaking contract, has produced a career-worst .383 on-base percentage in his Mets debut; pitching additions Clay Holmes and Frankie Montas have similarly struggled to deliver expected performance.
  • • Cohen Reaffirms Commitment Despite Losses: Mets owner Steve Cohen broke his silence via text message to the New York Post, stating "I still believe in our team and believe they will turn it around," signaling confidence that the roster—assembled at top-of-market payroll—will reverse course.
  • • Five Years of Aggressive Spending Tested: Since acquiring the franchise five years ago, Cohen has routinely positioned the Mets at or near the sport's payroll leaderboard; the current losing streak represents a significant test of whether financial investment alone can guarantee competitive results.
Summary
The New York Mets' 2025 season has deteriorated sharply, placing the organization's playoff aspirations in genuine jeopardy less than two months before the postseason. After enduring a second consecutive series sweep and compiling a 7-game losing streak with an 11-of-12 record over a recent stretch, the Mets entered Tuesday holding only the final National League wild card berth—a precarious position just two games ahead of the upstart Cincinnati Reds. As noted by Newsday's Anthony Rieber, a scenario that would have appeared unthinkable months earlier is now a tangible risk: the possibility of missing the postseason entirely.

The collapse is particularly notable given the roster construction. The Mets advanced to the National League Championship Series in 2024 and subsequently invested heavily in offseason reinforcements, most prominently acquiring Juan Soto on a record-breaking contract. However, Soto has underperformed significantly in his Mets debut, posting a career-worst .383 on-base percentage. Complementary pitching acquisitions—including Clay Holmes and Frankie Montas—have similarly underdelivered relative to organizational expectations. The convergence of underperformance across premium-tier talent acquisitions has compounded the team's competitive difficulties.

In response to mounting pressure and fan concern, Mets owner Steve Cohen issued a statement via text message to Jon Heyman of the New York Post on Monday, stating: "I know how vested our fans are in this team. While the team has had a difficult run, I still believe in our team and believe they will turn it around. LGM." Cohen's public expression of confidence aligns with his five-year tenure as owner, during which he has consistently maintained optimistic rhetoric regarding championship prospects while demonstrating equally aggressive financial commitment through payroll spending that has repeatedly positioned the Mets among baseball's highest-spending franchises. The current losing streak, however, represents a significant test of whether financial resource deployment alone can overcome performance deficiencies across key roster contributors.

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Sources

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Newsweek Mets Owner Steve Cohen Breaks Silence During Brutal Skid Marca Mets owner Steve Cohen breaks silence after firing manager Carlos Mendoza