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Steven Cohen
CEO & Founder, Point72

Steve Cohen On Mets Terrible Season, David Stearns & Firing Of Carlos Mendoza | The Show Ep. 207

📅 Jul 01, 2026 New York Post Sports 51 MIN 22328 VIEWS 65 SEGMENTS · 3 SPEAKERS
On a new episode of "The Show," Joel Sherman & Jon Heyman are joined by owner of the New York Mets, Steve Cohen. Steve Cohen talks about the disappointing Mets season, evaluates David Stearns and why he wants to keep him for at least the entirety of his five-year contract, explains the decision to fire Carlos Mendoza and addresses the reported rift between Juan Soto and Francisco Lindor. Plus, Joel and Jon discuss the Yankees ugly six-game losing streak. 0:00 Intro 1:12 Mets Owner Steve Cohen Joins The Show! 44:15 Yankees Six-Game Losing Streak #newyorkmets #mlb #stevecohen #newyorkyankees...

What Steven Cohen said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Steven Cohen, owner of the Mets, discussed the team's poor season, saying he takes people at face value and will conduct a proper managerial search at year's end. He addressed a social media dust-up, noting fans can express themselves but not ruin others' experiences. Cohen attributed the team's struggles to a confluence of changes, injuries, and the WBC, not a single cause. He admitted feeling the weight of responsibility and failing in his goal of sustainable success, saying he is now focused and will pull in the rope. He confirmed Point72 is having an unbelievable year. Cohen pushed back on the narrative that he doesn't care, calling it crap, and said he will find other ways to communicate since Twitter has become hostile. He expressed pessimism about 2027 but noted payroll flexibility after that year.

Key takeaways

  1. Cohen will conduct a proper managerial search at the end of the year, taking people at face value.
  2. Cohen said the Mets' struggles are due to a confluence of changes, injuries, and the WBC, not one thing.
  3. Cohen admitted he is failing in his goal of sustainable success and is now focused on fixing things.
  4. Cohen said Point72 is having an unbelievable year so far, no guarantees.
  5. Cohen called the narrative that he doesn't care 'crap' and will find other ways to communicate.

Numbers and commitments

FigureWhat it refers toTypeAt
after '27 payroll flexibility timing timeline 39:43

Chapters

  1. 0:00Managerial search and Andy Green
  2. 28:47Social media dust-up and fan behavior
  3. 31:09Coaching staff changes and team struggles
  4. 32:45Personal impact and responsibility
  5. 34:40Point72 performance and focus
  6. 35:15Accountability and decision-making
  7. 38:44Playoff hopes and Juan Soto contract
  8. 39:43Future outlook and payroll flexibility
  9. 41:48Communication with fans

Questions asked in this interview

10
  1. 27:44And looking at who might be hired to be manager, do you think major league managing experience is vital at this point?
  2. 29:09What is your feeling about what can or can't be done by your fans for what will probably be a tough rest of the season at Citi Field?
  3. 31:09Or is it just do we need more experience in that coaching staff?
  4. 32:45How is everybody handling the losing?
  5. 34:40Can you drill down on that a little bit Steve? What does focused mean?
  6. 35:01What does being more involved mean for Steve Cohen?
  7. 37:28When I say it, it's 'what the hell happened?' But when you ask David, do you do it inquisitively or with frustration?
  8. 37:50But are you on him? Are you on him?
  9. 39:20Do you still strongly believe there will be two to four championships here?
  10. 41:33Do you think we missed something here that you'd like to communicate to your fans, or something we whiffed on that should have been asked?
John Heyman 26:50 ↗
God, I hate condo community leadership.
Joel Sherman 26:52 ↗
Well, you know, listen, I always say I got to live in a world I don't create. This is the way it is. These are hard decisions and I respect my owners. We all got to work together so we can get to where we think the league needs to get to.
John Heyman 27:17 ↗
That's right, Joel. I like that. It was a good effort.
Joel Sherman 27:21 ↗
That was a good effort. It's not only an effort, but it's actually what I would have gone with, but I don't agree with the premise, but okay.
John Heyman 27:28 ↗
It's actually what I believe.
Joel Sherman 27:30 ↗
Yeah.
John Heyman 27:30 ↗
Okay.
I'll say it again. If you buy your own house, you can do what you want. If you buy a house in a community where there are rules and regulations that you don't control, then you got to work with people.
Joel Sherman 27:44 ↗
Okay, David made clear that Andy Green is going back to the front office. He seems to be enjoying the job. Do we really think he's going back to the front office? Is that for sure? And looking at who might be hired to be manager, do you think major league managing experience is vital at this point?
Steven Cohen 28:13 ↗
Yeah, I take people at their face value. If they say they're going to do something, I believe them. I don't know why they would tell me otherwise.
John Heyman 28:22 ↗
Well, that's his choice. Okay.
Steven Cohen 28:24 ↗
Yeah, so I think we're going to do a search at the end of the year, a proper search. I'm sure there are plenty of qualified people. There won't be a shortage of people who want this job. So we'll go about our normal process, interview people, and try to make the best choice we can.
Joel Sherman 28:47 ↗
Steve, you had a bit of a dust-up with some fans on social media a few days ago. And I think even you within your post said, now I know why I don't do this.
Steven Cohen 29:03 ↗
Yeah, well, people start throwing out the anti-Semitic card. That's the problem.
Joel Sherman 29:09 ↗
I think John could tell you also like we have this discussion every once in a while. I just don't even look at mentions and I certainly won't have exchanges with anyone because I feel like if you go through the door and you're going to get punched in the face, you might as well not walk through the door. But I just wonder, it was about a bigger issue which was fan behavior at your ballpark. Especially I think there was a suggestion someone was holding a sign that said fire David Stearns or something of that sentiment. What is your feeling about what can or can't be done by your fans for what will probably be a tough rest of the season at Citi Field?
Steven Cohen 29:41 ↗
Listen, people want to express themselves. I don't have a problem with that. I support that. When they get to the point where there are people around them complaining that they're ruining their day at the ballpark, well, you have a right to express yourself, but not to the point where you're ruining other people's experiences. That's what I was told. If people want to carry signs, as long as they're not ruining other people's experience. And supposedly the person was belligerent. They were told to be more respectful. I don't know what fully happened. I'm only responding to what I was told. To sit there and say you're thwarting people's ability to express themselves is nonsense. Express yourself as much as you want, chant anything you want. But when you won't sit down and you're ruining the experience of people behind you, that's unacceptable. And if people want to make a big deal on social media that he's not fan friendly, that's just trying to get clicks and take things out of context.
John Heyman 31:09 ↗
A lot of changes were made in the winter, and one of the changes was basically most of the coaching staff was changed. Are there any regrets about that? My looking at it is the new coaching staff is very young, not terrifically experienced, and some of the younger players still have not really developed as expected. Baez, Alvarez, Vientos, Mauricio. Is there any thought about that? Does New York affect them? I don't know. Or is it just do we need more experience in that coaching staff?
Steven Cohen 31:49 ↗
Yeah, listen, I think there's a lot to unpack. Trying to connect different things when they can be totally separate issues. We've had a lot of change this year - coaching staff, new players, rookies. It hasn't come together the way we thought it would. That amount of change is difficult to come together in a short period. There was the WBC, players were playing in different places, so the team didn't gel until the season started, then injuries. It's a confluence of things. Trying to pin it on one thing is hard to do.
Joel Sherman 32:45 ↗
You mentioned earlier that everything's going great except for that one thing, and we know what that one thing is. How is this affecting you? Do you still go to a lot of the games? Do you watch all the games? How are you handling this? Alex, your wife obviously was an enormous Mets fan. Her father Ralph as well. How is everybody handling the losing?
Steven Cohen 33:14 ↗
I'm getting ripped around the dinner table.
All right, but my father... No, I'm kidding. He's a great guy. We watch every game together. It's one of our things. When you're watching the team loses, just like any fan. I'm a fan too, okay?
We're feeling the same thing our fans are feeling. The weight of responsibility on my shoulders because I came in. I wanted to do something great for New York and I'm failing. Six years in, I want sustainable success. We've had moments, but not enough. That's troubling. I'm not used to this. Usually I like to fix things. But I'm going to keep at it. Adversity gets me focused. I'm focused now. I give a lot of rope, and now I need to pull it in and figure out how to improve things. That's what I'm going to do.
Joel Sherman 34:40 ↗
Can you drill down on that a little bit Steve? What does focused mean? Obviously you have a very important day job. As you mentioned, almost everything but one thing is going well. I'm assuming stuff with the day job is going well.
Steven Cohen 34:52 ↗
We're having an unbelievable year so far. No guarantees, but as bad as the Mets are going, Point72 is going well.
Joel Sherman 35:01 ↗
So when you say drill down, can you be more specific? What does that mean for you? Is that more time with David, more part of recruitment, go wherever you go? What does being more involved mean for Steve Cohen?
Steven Cohen 35:15 ↗
Yeah, I'm asking more questions, delving in. What's the question on my mind? What the hell happened here? That wasn't the plan. It's a legitimate question. I'm trying to figure out how decisions are made, what happened. Good process doesn't always lead to good outcomes. That happens at Point72 too. With the Mets, we brought in players who got injured. Was it avoidable? Easy to second guess. Ultimately, it's about decision-making process. I haven't reached conclusions. I give a lot of rope, then I pull it in. I hold people accountable. They know it. It takes time.
That's guys, this process is going to take a while. Whatever it is, it is. I'm going into this with the notion that I can help improve things.
John Heyman 37:08 ↗
What the hell happened is a perfect question. That was pretty good, you came up with it. I guess that's what's been on your mind.
Steven Cohen 37:16 ↗
You're probably sitting there, both of you guys thought we were going to have big seasons, right? Make the playoffs. We're all wondering what the hell happened here. That's legitimate.
John Heyman 37:28 ↗
Right. When I say it, it's 'what the hell happened?' But when you ask David, do you do it inquisitively or with frustration?
Steven Cohen 37:42 ↗
I don't use gosh darn a lot.
John Heyman 37:45 ↗
Okay, that's not really the word.
Steven Cohen 37:47 ↗
People who know me kind of like that. That's not the word I would use.
John Heyman 37:50 ↗
But are you on him? Are you on him?

30 more exchanges in this transcript

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Cite this transcript

APA, MLA, BibTeX
APA

Cohen, S. (2026, July 1). Steve Cohen On Mets Terrible Season, David Stearns & Firing Of Carlos Mendoza | The Show Ep. 207 [Interview transcript]. New York Post Sports. CEOInterviews.AI. https://ceointerviews.ai/interview/1055503/

MLA

Steven Cohen. "Steve Cohen On Mets Terrible Season, David Stearns & Firing Of Carlos Mendoza | The Show Ep. 207." New York Post Sports, 1 Jul. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/1055503/.

BibTeX
@misc{cohen2026_1055503,
  author       = {Steven Cohen},
  title        = {Steve Cohen On Mets Terrible Season, David Stearns \& Firing Of Carlos Mendoza | The Show Ep. 207},
  howpublished = {Interview transcript, New York Post Sports. CEOInterviews.AI},
  year         = {2026},
  month        = {jul},
  url          = {https://ceointerviews.ai/interview/1055503/},
  note         = {Speaker-attributed transcript with timestamps}
}