TO ITS OWNER, a sports team is more than just a plaything. If you happen to have the billions it takes to acquire one, you presumably have a near-infinite number of ways to spend your money. By buying a team, an owner can reveal their inner winner—or make people forget how they made all that money in the first place. Thus, a shipbuilder and Watergate bit player named George Steinbrenner could take over the Yankees and turn himself into The Boss. If his dad had never bought the Knicks and the Rangers, Jim Dolan would just be an angry guy who used to own a cable company. An owner gets to play fantasy in real life, going to work at a park. And what other trophy asset can end up yielding an actual trophy?
If everything had gone according to plan, Steven A. Cohen might have been parading down the Canyon of Heroes this month. When he purchased the New York Mets in 2020 for a record-setting price of $2.4 billion, Cohen promised to restore his favorite team from childhood to glory, saying he would be disappointed if he did not bring it another World Series within “three to five years.” He then assembled the highest-paid roster in baseball history. The ecstatic Mets nation treated the richest man in baseball like he was a free-spending folk hero. At 67, Cohen, a Stamford-based hedge-fund manager, has $14 billion according to Bloomberg, or maybe $19 billion if you believe Forbes, but at any rate, a whole lot of money—seemingly more than enough to procure a championship. Some fans took to calling him “Uncle Steve,” a nickname that seems to please the proprietor.
Denne historien er fra November 06 - 19, 2023-utgaven av New York magazine.
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Denne historien er fra November 06 - 19, 2023-utgaven av New York magazine.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Early and Often: David Freedlander - Momentum vs. Machine The Trump and Harris campaigns battle it out for every last vote.
WIth two weeks left to go, the contours of the 2024 presidential election are clear: Both campaigns need voters who usually don’t vote, and Kamala Harris needs to bring the Democratic coalition, including its Trump-curious members, back home.While the Republican side plans to spend the remaining days of the contest trying to lure low-propensity voters to the polls, the Harris team will attempt to persuade voters of color to return to its side and will try to increase numbers among white voters in previously red suburbs.
Drowning in Slop - A thriving underground economy is clogging the internet with AI garbage-and it's only going to get worse.
SLOP started seeping into Neil Clarke's life in late 2022. Something strange was happening at Clarkesworld, the magazine. Clarke had founded in 2006 and built into a pillar of the world of speculative fiction. Submissions were increasing rapidly, but “there was something off about them,” he told me recently. He summarized a typical example: “Usually, it begins with the phrase ‘In the year 2250-something’ and then it goes on to say the Earth’s environment is in collapse and there are only three scientists who can save us. Then it describes them in great detail, each one with its own paragraph. And then—they’ve solved it! You know, it skips a major plot element, and the final scene is a celebration out of the ending of Star Wars.” Clarke said he had received “dozens of this story in various incarnations.”
The City Politic- The Other Eric Adams Scandal The NYPD shot a fare evader, a cop, and two bystanders. He defends it.
On Sunday, September 15, Derell Mickles hopped a turnstile, got asked to leave by cops, then entered the subway again ten minutes later through an emergency exit. This was at the Sutter Avenue L station, out by his mother's house, five stops from the end of the line. Police said they noticed he was holding a folded knife. They followed him up the stairs to the elevated train, asking him 38 times to drop the weapon.
Can the Media Survive?
BIG TECH, Feckless Owners, CORD-CUTTERS, RESTIVE STAFF, Smaller Audiences ... and the Return of PRINT?
Status Update
Hannah Gadsby's fascinatingly untidy tour through life after fame and death.
A Matter of Perspective
A Matter of Perspective Steve McQueen's worst film is still a solid WWII drama.
Creator, Destroyer
A retrospective reveals an architect's vision, optimism, and supreme arrogance.
In Praise of Bad Readers
In a time of war, there is a danger in surveying the world as if it were a novel.
Trust the Kieran Culkin Process
First, he nearly dropped out of Oscar hopeful A Real Pain. Then he convinced Jesse Eisenberg to change the way he directs.
The Funniest Vampires on TV
What We Do in the Shadows is coming to an end. Its idiosyncratic brand of comedy may be too.