Alex Rodriguez and Jennifer Lopez appear to be getting serious about buying the Mets.
The power couple retained JPMorgan Chase to raise capital for a possible bid, according to Scott Soshnick of Sportico, two months after The Post first reported A-Rod and J.Lo had emerged as a potential suitor to purchase the team.
Rodriguez, the 44-year-old who grew up a Mets fan before starring for the Yankees, was “kicking the tires” on the idea of getting into an upcoming auction for the team, The Post reported in February.
That came after local billionaire hedge fund manager Steve Cohen walked away from a $2.6 billion deal to purchase 80 percent of the franchise from the Wilpons, who refused to surrender control of the team for the first five years of Cohen’s ownership. Those conditions are not believed to be attached to any future deal, which may have to wait for baseball to resume from its coronavirus suspension.
Rodriguez and Lopez, his fiancèe, the famed 50-year-old recording star and actress, have a combined net worth of around $700 million, meaning deeper pockets would have to surround them in order to make a potential purchase work — similar to how Derek Jeter was able to buy the Miami Marlins with venture capitalist Bruce Sherman.
“I will say this, if the opportunity [to buy the Mets] came up, I would certainly look at it,” A-Rod said in March during an appearance on “The Tonight Show” with Jimmy Fallon.
Rodriguez flirted with playing for the Mets in 2000 before signing a then-record 10-year, $252 million deal with the Texas Rangers. He was traded to the Yankees four years later, and won a World Series with Jeter and company in 2009.
Since his steroid-tainted playing days ended in 2016, Rodriguez has found success as a baseball analyst and businessman.
https://www.google.com/amp/s/nypost...ez-takes-another-step-in-bid-to-buy-mets/amp/
The power couple retained JPMorgan Chase to raise capital for a possible bid, according to Scott Soshnick of Sportico, two months after The Post first reported A-Rod and J.Lo had emerged as a potential suitor to purchase the team.
Rodriguez, the 44-year-old who grew up a Mets fan before starring for the Yankees, was “kicking the tires” on the idea of getting into an upcoming auction for the team, The Post reported in February.
That came after local billionaire hedge fund manager Steve Cohen walked away from a $2.6 billion deal to purchase 80 percent of the franchise from the Wilpons, who refused to surrender control of the team for the first five years of Cohen’s ownership. Those conditions are not believed to be attached to any future deal, which may have to wait for baseball to resume from its coronavirus suspension.
Rodriguez and Lopez, his fiancèe, the famed 50-year-old recording star and actress, have a combined net worth of around $700 million, meaning deeper pockets would have to surround them in order to make a potential purchase work — similar to how Derek Jeter was able to buy the Miami Marlins with venture capitalist Bruce Sherman.
“I will say this, if the opportunity [to buy the Mets] came up, I would certainly look at it,” A-Rod said in March during an appearance on “The Tonight Show” with Jimmy Fallon.
Rodriguez flirted with playing for the Mets in 2000 before signing a then-record 10-year, $252 million deal with the Texas Rangers. He was traded to the Yankees four years later, and won a World Series with Jeter and company in 2009.
Since his steroid-tainted playing days ended in 2016, Rodriguez has found success as a baseball analyst and businessman.
https://www.google.com/amp/s/nypost...ez-takes-another-step-in-bid-to-buy-mets/amp/
