The pop diva Jennifer Lopez and her fiance, former baseball player Alex Rodriguezwork in the purchase New York Mets and have contracted with the bank JPMorgan to raise capitalaccording to the us magazine Variety.
The famous couple already had been interested in buying one of the baseball teams most important in the world a couple of months, according to local media, and sources close to the matter said on condition of anonymity that both are working in the buying team with an executive of the investment bank.
However, despite their fortunes, the couple can not buy the sport entity directly, but would have to bid for the same through an auction, he explained People. Between the two accumulated an estate estimated of some USD 700 million.
The New York Mets are the property of the family of Fred Wilpon, who in December announced that it was negotiating to sell the 80 % of the team to one of its shareholders, the philanthropist Steve Cohen, for a value of 2,600 million dollars under the premise of retaining control during the first five years. However, the agreement is not finally closed.
Another source close to the negotiations of the couple of Hollywood with JPMorgan said to the local newspaper New York Post that their intention to buy the Mets is “real”, and this past march, Rodriguez admitted in an interview with the host Jimmy Fallon on The Tonight Show that “going to study” the chance of purchase if it is present.
Even if the shareholder previously interested in the Mets, Steve Cohen, is not ruled out as a buyer, the Wilpon family, which bought the team in 2002 391 million dollars, now plans to sell it in an auction and without preconditions, according to the Post.
The net combo of Jennifer Lopez and Alex Rodriguez is considerably lower than handling the shareholder Cohen and the owners of the Mets, the team that has annual losses of about $ 50 million.
According to Varietynow JLo and her boyfriend are “working hand-in-hand” with the managing director, Eric Menell, co-director of JP Morgan in North America.
Rodriguez, 45, has a special affection for the New York Mets, since in the year 2000 was on the verge of signing with the team in new york, but eventually went to the Texas Rangers with a contract more of For $ 275 million. He played for the Rangers from 2001 to 2003 before joining the Yankees New York in 2004, where he spent 12 years before retiring in 2016.
In recent years, the future husband of JLo has carved out a career as a commentator and has become a skilled businessman with investments in gyms, and in the construction and until it has become image of major fashion brands like Ralph Lauren.
Lopez is a proud new yorker, born in the district of Bronx, city of New York. JLo, 50 years old, often pays homage to his city, and recently spoke about his roots in accepting the award for Fashion Icon Award at the CFDA Fashion Awards in 2019.