It’s been a nearly two months since a report from the New York Post surfaced that Alex Rodriguez and Jennifer Lopez were out of the running to buy the New York Mets. Now, according to the latest from Sportico, that appears to have changed.
The outlet reports that Rodriguez and his fiancee have retained JPMorgan Chase & Co. to raise capital for a bid. Among those possibly teaming with the superstar duo are Florida Panthers owner Vinnie Viola and billionaire Vitaminwater co-founder Mike Repole.
The Wilpon family said in December they were in talks to sell up to 80% of the Major League Baseball team to hedge fund manager Steve Cohen in a deal that valued the club at $2.6 billion. Under terms of that proposed deal, the Wilpons would’ve maintained control of the franchise for five years.
According to Sportico, the team’s hope is to finalize a sale by the end of this year.
The Mets have not played in a playoff series since reaching the 2015 World Series, where they lost in five games to the Kansas City Royals. They made the National League Wild Card game the following year, but fell 3-0 to the San Francisco Giants. Before that, the team had not reached the playoffs since the 2006 season. The Wilpons are often criticized by fans for not spending big money for free agents.
Rodriguez spent 12 seasons in New York with the Yankees. Since retiring Rodriguez has become a fixture in the New York business scene on top of broadcasting MLB games for ESPN.
While with the Yankees, Rodriguez bashed 351 home runs, had a batting average of .281, won two MVP awards and helped the Yankees to a World Series title in 2009. In 22 total seasons, Rodriguez has 696 career home runs, 3,115 hits, 2,086 RBI’s, and a .295 career batting average. He is a three-time most valuable player and 14-time All-Star.