Celebrity power couple Alex Rodriguez and Jennifer Lopez aren't giving up on their bid to purchase the New York Mets from the Wilpon family just yet. In fact, A-Rod and J-Lo have reportedly added a general partner to their ownership group.
According to Darren Rovell of the Action Network, the pair has added billionaire Mike Repole, a lifelong Mets fan and Queens native to their ownership group. Repole is the co-founder of sports drink companies BodyArmor and Vitaminwater, and is also involved in horse racing and thoroughbred ownership.
The Wilpons have been looking to sell the Mets for months now, but a deal hasn't been reached despite some interest. The Wilpons originally had an agreement in place to sell the team to hedge fund investor and billionaire Steve Cohen while remaining in control of the club for another five years, but that deal fell apart.
The Wilpons have reportedly been reluctant to give up SportsNet New York (SNY). However, it now appears the television network would now be included in a potential sale, indicating the Wilpons are more serious about a deal.
Rodriguez could be trying to follow in the footsteps of his former Yankees teammate Derek Jeter, who became a minority owner of the Miami Marlins when he led an ownership group that successfully purchased the team in 2017. Jeter contributed only $25 million to the $1.2 billion sale (equating to a 4 percent ownership stake) but has been at the forefront of the organization since the team changed hands.
If a sale involving Rodriguez were to go through, A-Rod would face off against Jeter in the NL East. Jeter currently serves as the CEO and part owner of the Marlins.