Who is Mike Repole? Alex Rodriguez, Jennifer Lopez add new billionaire partner to buy Mets

Latest reports in MLB world have hinted that MLB legend Alex Rodriguez, along with superstar wife Jennifer Lopez, is tabling a bid to buy New York Mets in coming months. New York Yankees legend is rumoured to be highly interested in pulling off purchase but is still hunting for potential investors in order to meet Mets' $2.5 billion valuation. However, Body Armor founder and Vitaminwater co-creator, Mike Repole, has reportedly agreed to join hands with star pair in order to buy Mets. Let's take a look into queries of - 'Who is Mike Repole?' and some Mike Repole net worth details.

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Who is Mike Repole? is he new potential co-owner of Mets?

Jennifer Lopez and beau A-Rod have roped in billionaire Mike Repole to join ir plan of buying New York Mets this year. This is t first occasion that Repole has shown interest in owning Mets. Back in 2011, Repole was in talks to buy a mirity stake of MLB franchise but that deal broke down at last minute.

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Who is Mike Repole? Mike Repole net worth

So, 'Who is Mike Repole?' Mike Repole, who is also kwn as a respected owner and breeder of thoroughbred horses, is valued somewhere in region of $1 billion, as per amny.com. Mike Repole is an American entrepreneur who is rewned for his role in co-founding Glaceau (maker of Vitaminwater), which was later sold to Coca-Cola for $4.1 billion. Repole also owns fitness brand 'BodyArmor' that has Houston Rockets star James Harden as one of its brand ambassadors. As per Nielsen reports, BodyArmor is third-most purchased energy drink across globe. BodyArmor also has late Kobe Bryant's wife Vanessa Bryant having inherited her husband's $200 million share in company recently.

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How much are Mets worth?

Let's answer question 'How much are Mets worth?' New York Mets are valued at somewhere between $2.4 - $2.5 billion as of June 23, 2020. That includes a massive $350 million debt from previous deals. If reports are to be believed, current set of Mets owners rejected a $2.6 billion deal from Steve Cohen in February. Mets annual expense on players amounts to $171 million and is currently owned by Fred and Jeff Wilpon and Saul Katz.

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Disclaimer: Mike Repole net worth and Mets net worth information is sourced from various websites and media reports. website does t guarantee a 100% accuracy of figures.