Alex Rodriguez, Jennifer Lopez getting ready new bid for Mets?

Former New York Yankees star Alex Rodriguez and fiancee Jennifer Lopez aren’t out on the New York Mets simply but. 

The couple reportedly are working with senior bankers at JPMorgan Chase to arrange a brand new bid for possession of the major-league franchise, in accordance with Thornton McEnery of the New York Put up. 

Rodriguez and Lopez confirmed curiosity in buying the Mets earlier within the yr, however backed out weeks in the past. The Wilpon household, who’re major house owners of the Mets, initially was reluctant to incorporate possession of the SNY regional sports activities community within the deal, however that will have modified, in accordance with McEnery. 

The Wilpons even have develop into extra wanting to promote the group amid the coronavirus pandemic attributable to its monetary results on the group, McEnery provides.

The couple reportedly are ready to spend “a whole bunch of hundreds of thousands” of {dollars} out of their very own pocket on this new bid and now have been getting ready a “long-term” possession plan in case they acquire management of the group.

Fred Wilpon has owned a portion of the Mets since 1980, and he is reportedly dropping a big sum of cash on the workforce, in accordance with Forbes. Whereas the Mets are valued at $2.four billion, they might extremely profit from an possession change. Since dropping the World Collection in 2015, the Mets have been disappointing. Nonetheless, issues appear to be altering because the group has developed some younger expertise and is making an attempt to herald some star energy.

Rodriguez’s reported web price is $350 million whereas Lopez’s is a reported $400 million. If the couple actually desires to pursue the Mets, they positively have the cash to take action.

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