Friday, August 7, 2026

Mets’ Owner’s Casino Bid Complicating MLS Stadium Project

  • Mets’ owner Steve Cohen is using a request around Citi Field’s parking lot as leverage in negotiations for his casino bid.
  • NYCFC is hoping to use Citi Field’s parking lot for its new stadium.
New York City FC forward Kevin O'Toole (22) controls the ball from Orlando City SC forward Ivan Angulo (77) in the second half at Exploria Stadium.
Nathan Ray Seebeck-USA TODAY Sports

Mets owner Steve Cohen won’t allow an MLS neighbor to park for free on his lot.

NYCFC is deep in negotiations for a new, 25,000-seat stadium and housing development neighboring the Mets’ Citi Field, but the MLS team’s ambitions are tangled up in Cohen’s plans for the same area, according to The City.

The club — which isn’t required to offer parking — wants to use Citi Field’s parking lot for its home games, which would require the Mets’ approval. But Cohen is looking to build a casino near Citi Field on 50 acres designated as park land — and is holding out approval on a parking agreement as leverage.

Janice Simpson has put her 10% stake up for sale.

Texas Rangers Valued at $3 Billion With 10% Stake For Sale

MLB’s Texas Rangers have been valued at $3 billion, per Forbes.
May 18, 2023

The NYCFC project is set to transform the area around Citi Field. Plans call for 2,500 units of affordable housing next to the Mets’ stadium and a 650-seat school.

The soccer stadium would be built in the project’s second phase, which will also include a 350-room hotel and could begin by the end of 2024. Construction would be completed in time for the 2026 World Cup and 2027 MLS season.

Meanwhile, Cohen is up against groups including Las Vegas Sands, Resorts World, Related Cos., and Wynn Resorts for a New York City casino license. He’s partnering with Seminole Hard Rock on the bid.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

New MLS commissioner Larry Berg speaks with Front Office Sports.

Incoming MLS Commissioner Sees ‘Uncapped Upside’ in Media Rights

NYCFC’s CEO called broadcast revenue the league’s biggest weakness.

6 Takeaways From Larry Berg’s Introduction As MLS Commissioner

Berg told FOS that media revenue is “uncapped upside.”
podcast thumbnail mobile
Front Office Sports Today

8/6/26 – LIV’s Funding Promise, Disney Sells Out Super Bowl, Inside Tom Brady’s CardVault

0:00

Featured Today

Joey Spallina of the Maryland Whipsnakes

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.

Blazers Gain Public Backing, but Arena Talks Still Contentious

Citizen support for the arena renovations arrived from several different sectors.
July 28, 2026

Royals Stadium’s $600M in City Funding Faces Local Opposition

Protesters shut down a zoning meeting about the planned ballpark project.
August 2, 2026

Browns Opt for Turf in New Stadium Despite NFLPA Push for Grass

The team’s new stadium will reportedly feature artificial turf.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
Jul 24, 2026; St. Petersburg, Florida, USA; Tampa Bay Rays second baseman Ryan Vilade (26) hits a two run home run in the second inning against the Tampa Bay Rays at Tropicana Field.
July 27, 2026

Tampa City Council Poses New Hurdles for Rays Stadium

Tampa Mayor Jane Castor said “it defies common sense.”
Apr 26, 2026; Portland, Oregon, USA; Portland Trail Blazers forward Jerami Grant (9) scores a basket during the second half against San Antonio Spurs forward Keldon Johnson (3) during game four of the first round of the 2026 NBA Playoffs at Moda Center.
July 20, 2026

Blazers and City Increasingly at Odds Over Arena Funding

The arena funding debate has devolved into a three-way fight.
July 9, 2026

Bears’ Indiana Stadium Plans in ‘Red Zone,’ Governor Says

The NFL team is drawing closer to a long-awaited stadium decision.
Jul 8, 2026; St. Petersburg, Florida, USA; Tampa Bay Rays third baseman Junior Caminero (13) greets designated hitter Yandy Diaz (2) after scoring a run against the New York Yankees in the third inning at Tropicana Field.
July 9, 2026

Rays Tout New Stadium Designs As Funding Talks Continue

The club unveiled interior ballpark designs while funding negotiations continue.