Alex Rodriguez and Jennifer Lopez are no longer interested in buying the Mets. That decision was reached after negotiations with potential partners failed to materialize.
J-Rod’s quest to become the biggest power couple in Queens since Archie and Edith Bunker hit a major snag in recent weeks when their chosen money partner, Long Island biotech billionaire Wayne Rothbaum, made it clear he was only interested in scooping up the MLB franchise.
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However, any next steps in buying the Mets right now must overcome two major hurdles: The difficulty in valuating the franchise while baseball is shut down by the COVID-19 pandemic and the Wilpons’ unwillingness to sell SNY.
Alex Rodriguez, 44, earned about $448 million as a player. For Jennifer Lopez, the lower end of the estimate places her at $225 million, while the top end reaches $400 million, with an annual salary of $40 million.
Current Mets ownership also weren’t interested in selling SportsNet New York, the Mets’ profitable cable network.