Alex Rodriguez & J-Lo Are Looking Into Buying The Mets

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Jennifer Lopez & Alex Rodriguez
Alex Rodriguez and Jennifer Lopez are trying to raise funds to purchase the legendary New York Mets.

Jennifer Lopez is from the Bronx while Alex Rodriguez played for the New York Yankees. With these two facts in mind, you would think the latest celebrity power couple would have a massive disdain for the New York Mets. Well, as it turns out, they don't. Rodriguez used to be a big fan of the Mets growing up and recently, it was revealed that Rodriguez and J-Lo are looking into purchasing the team which has been up for sale over the past few months. 

Their combined net worth is about $700 million and as it stands, 80 percent of the Mets is up for grabs at a price of about $2.6 billion. In order to fund the rest of the purchase, J-Lo and A-Rod are looking to partner with JPMorgan Chase's managing director Eric Menell. Menell is expected to help the two find the rest of the money necessary to buy the team.

Alex Rodriguez & J-Lo Are Looking Into Buying The Mets
Frazer Harrison/Getty Images

It will be interesting to see if they are able to go through with the purchase. Owning a baseball team is a lot of work and it is believed that the new owners could stand to lose $50 million per year in operating costs. This would certainly be a huge risk and it remains to be seen if A-Rod and J-Lo will find the investment worth their time.

Stay tuned for updates on this story as we will be sure to bring them to you.

[Via]


About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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