Welp, it is finally over for Jennifer Lopez and Alex Rodriguez — they will not be buying the NY Mets.
The pair was in a severe struggle with hedge fund billionaire Steve Cohen to acquire the team from the Wilpon family, but they formally dropped out of the operating Friday evening.
“Alex and I are so upset,” Lopez stated in a statement.
“We worked so really hard the previous 6 months with the dream of becoming the to start with minority few and the to start with female proprietor to obtain her father’s most loved Big League Baseball staff with her have hard-earned dollars. We nevertheless haven’t presented up!!”
J Lo and A-Rod experienced set with each other an ownership group which integrated sports drink billionaire Mike Repole and NFL stars Travis Kelce and DeMarco Murray.
The team issued a statement expressing, “The consortium led by Alex Rodriguez and Jennifer Lopez has knowledgeable the Mets that they are no for a longer time pursuing the acquisition of the team.”
“The consortium explained that they are unhappy to not be aspect of the revitalization of New York Town and supply an exhilarating knowledge for the followers and would like the Wilpon household and the full Mets business nicely.”
J-Rod had just toured Citi Field previously this thirty day period — and just this 7 days, Jennifer went on Barstool Sports’ “The Corp” podcast and talked about how exclusive it would be to have a female as an MLB owner.
Steve Cohen has now reportedly entered “exclusive negotiations” to obtain the staff and ought to have it all wrapped up in the future couple of days.
The final selling price is predicted to be someplace north of $2.6 billion.
Cohen is reportedly worthy of all-around $14.6 billion — and is a single of the major 100 wealthiest persons in the world, according to Forbes. He also impressed the Television set present “Billions.”