Published 11:41 IST, April 21st 2020
Alex Rodriguez, Jennifer Lopez raising money for potential New York Mets bid: Reports
Former New York Yankees star Alex Rodriguez and his fiance Jennifer Lopez are reportedly interested in acquiring a stake at Yankees' rivals New York Mets.
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Alex Rodriguez and Jennifer Lopez are reportedly preparing to acquire a stake in New York Mets. Alex Rodriguez spent 12 seasons with Mets' city rivals, New York Yankees. However, reports indicate Rodriguez is t letting a rivalry get in way of an MLB ownership.
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Alex Rodriguez, Jennifer Lopez retain an interest in New York Mets
According to Variety, Alex Rodriguez and Jennifer Lopez 'have retained JP Morgan Chase to raise capital' in order to bid for New York Mets. Earlier this year, multiple reports stated that 2009 World Series champion was interested in acquiring a team in MLB. Mets were reportedly one of franchises considered by duo.
New York Mets, who are owned by Wilpon Family, were earlier on verge of a deal with US hedge fund manr, Steve Cohen. Back in December 2019, it was reported that Cohen had agreed to buy an 80% stake in Mets in a deal that valued organisation at $2.6 billion. However, deal fell through after Cohen and Wilpons failed to agree on certain terms. Steve Cohen reportedly has an 8% stake in Mets.
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Also Read | Jennifer Lopez Reveals Her Wedding Plans With Former MLB star Alex Rodriguez Put On Hold Due To COVID-19
Reports in US suggest Alex Rodriguez and Jennifer Lopez are interested in MLB ownership following in footsteps of Yankees legend and Rodriguez's former teammate Derek Jeter. In 2017, Derek Jeter acquired a reported 5% stake in MLB franchise Miami Marlins. Miami Herald reported that Jeter acquired mirity stake in Marlins for $25 million.
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Alex Rodriguez MLB career
While Alex Rodriquez played best part of MLB career with Yankees, former shortstop was close to heading to Mets in 2000 as a free nt. However, move failed to materialise and Rodriquez instead joined Texas Rangers before heading to Yankees in 2004. Rodriguez played for Yankees from 2004-13 and 2015-16, where he won a World Series title and two American League MVP awards.
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Alex Rodriguez net worth
According to Celebrity Net Worth, Alex Rodriguez net worth is estimated to be around $350 million. Meanwhile, Variety claims that Alex Rodriguez net and Jennifer Lopez have a combined net worth of about $700 million.
Also Read | Former Yankees star Alex Rodriguez Spends Lockdown Time Playing Baseball With Fiance Jennifer Lopez And Kids
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Disclaimer: above information is sourced from various websites/media reports. website does t guarantee a 100% accuracy of figures.
11:40 IST, April 21st 2020