The hot Hollywood couple, Alex Rodriguez and Jennifer Lopez are among the bids in New York Mets Sale Auction. The National League Team, the NY Mets are getting sold by the Wilpon family. The NY Mets are currently owned by the Billionaire Wilpon family but in December, the family tried to sell 80% in a deal that valued the New York organization at $2.6 billion.
The American Billionaire hedge fund manager tried to buy the National Baseball league but he needed $250 million more so he walked away unsuccessfully as the negotiations fell apart, no luck came along so they are still looking for the buyer but they are reportedly hoping to seal the deal before the end of this year.
Joining hands with the businessman, Mike Repole:
Adding to their appeal as baseball owners, both A-rod and J-lo were born in New York City. According to a source, the former Yankee slugger’s bidding team offered approximately $1.7 billion dollars. With Steve Cohen at $2 billion, the star couple has reportedly added a general partner to their ownership i.e. Mike Repole.
Repole is involved in various ownerships as well as a lifelong Mets fan and a Queens’s native. It was reported previously that the Wilpon Family is reluctant to sell SportsNet New York but now it appears that they are serious about making the deal.
As a conclusion, the first round for the Mets bidding is in and it seems that Cohen has the highest offer but he wasn’t the only buyer as the rival party, Jennifer Lopez and Alex Rodriguez have made necessary funding and made a bid before the Thursday’s deadline which is good enough to keep them in the game. Several sources confirmed that Jeff Wilpon, Mets COO is leaning towards selling it to the Hollywood couple if their bid is the best one at the auction. However, their joint Net worth is about $750 million putting them at a disadvantage against their rivals.
The couple’s previous projects together:
This isn’t the first time the power couple of 3 years has joined forces to make major money moves as the love birds have also launched their personal training app and have an impressive food delivering service as the famous singer, Jennifer Lopez told the People’s magazine, “We’re constantly supporting each other in our individual endeavors and thinking about all the things that we can build together”.
