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              FILE - In this Jan. 1, 2012, file photo, New England Patriots quarterback Tom Brady signals at the line of scrimmage against the Buffalo Bills during the third quarter of an NFL football game in Foxborough, Mass. If Joe Namath played for either of the Super Bowl coaches, he would have shown up with duct tape over his mouth. Yes, it  FILE - In this Jan. 1, 2012, file photo, New England Patriots quarterback Tom Brady signals at the line of scrimmage against the Buffalo Bills during the third quarter of an NFL football game in Foxborough, Mass. If Joe Namath played for either of the Super Bowl coaches, he would have shown up with duct tape over his mouth. Yes, it's been that kind of week leading up to the Giants-Patriots NFL title game: See no evil, hear no evil and definitely speak no evil. (AP Photo/Elise Amendola, File)   

Meet the powerful bankers who control America’s top sports teams

News that SAC Capital’s Steven Cohen is on the cusp of buying a stake in the New York Mets is bound to get hedge funders talking — sports investments have long been considered trophies among the world’s financial elite.

FINalternatives reports that Cohen, who is also said to be considering a $1.5 billion takeover of the Los Angeles Dodgers, is finally about to secure one of 10 minority shares in the Mets for $20 million, after months of talks.

Of course, Cohen isn’t the only banker to have stroked his ego with a big-ticket sports buy.

 

BASEBALL: David Einhorn wanted to buy a larger share of the Mets, but the deal fell through

Einhorn, the founder and president of Greenlight Capital, was in talks for months over a $200 million investment in the team in exchange for a sizable, non-controlling stake.

The deal collapsed in September, when Mets management decided it wanted to sell smaller parcels of the team to a number of investors, in order to protect the existing ownership structure.

BASEBALL: John Henry is majority owner of the Boston Red Sox

The wealthy futures trader, who founded finance firm John W Henry & Co, oversees one of the most successful baseball franchises in history.

On top of a long list of past pro sport connections, Henry also currently owns English Premier League team, Liverpool Football Club.

BASEBALL: Billionaire Thomas Ricketts is chairman of the Chicago Cubs

Rickets, a Forbes 400 rich lister, is the chief executive of bond house Incapital. His investment in the the Cubs is said to be worth about $642 million.

See the rest of the story at Business Insider

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