Sports
Alex Rodriguez, Jennifer Lopez Make Moves To Buy The Mets: Report
Erstwhile Yankees baseball star Alex Rodriguez could soon be batting for the other team.
QUEENS, NY — Erstwhile Yankees baseball star Alex Rodriguez could soon be batting for the other team: He and fiancée Jennifer Lopez are making moves to buy the Mets, according to news reports.
The couple is working with JPMorgan Chase to raise capital for a possible bid for the baseball team, after billionaire hedge fund manager Steve Cohen walked away from a $2.6 billion deal to buy an 80-percent stake in the team, according to the New York Post and the business platform Sportico.
Rodriguez and Lopez reportedly have a combined net worth of about $700 million, according to the Post, which means they would need financial help to purchase the team.
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A JPMorgan spokesperson declined to comment to the Post about the news.
Rodriguez grew up a Mets fan, then played for the Yankees for more than a decade. He was suspended for the 2014 season for violating Major League Baseball rules prohibiting the use of performance-enhancing drugs.
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Read the full story in the New York Post.
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