Alex Rodriguez, Jennifer Lopez taking second shot at buying Mets https://t.co/uTYGsJtsqG pic.twitter.com/L5cmcdv7eP
— New York Post (@nypost) May 30, 2020
J-Rod are re-circling the wagons on their dream of becoming the king and queen of Queens.
Multiple sources close to the situation tell The Post that Alex Rodriguez and Jennifer Lopez are now working closely with very senior bankers at JPMorgan Chase on a new bid to buy the Mets after their initial approach failed to come together earlier this month.
According to insiders, the baseball legend and pop-star actress are putting in “hundreds of millions” of their own money to finally pry the Amazins’ free from the Wilpon family, who have become more eager than ever to unload the franchise thanks to COVID-19 making their precarious financial condition even more dire.
A strong signal of that desperation is the inclusion of SNY, the Mets’ television network, in a new deal. As The Post has reported, the Mets operate at a major loss, relying on TV revenues to bridge the gap. That makes owning the team without the network prohibitive, especially as baseball recovers from the overwhelming COVID-19 effects.
If there’s ever a time to buy low, it’s now.
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