Alex Rodriguez And Jennifer Lopez: Bad news for anyone hoping to see Alex Rodriguez and Jennifer Lopez succeed in their attempts to become the new owners of the New York Mets: The New York Post reports that their efforts in this direction have come to an end, at least as far as their last donor is concerned.
We may never know the full story of the decisions made and why behind closed doors, but Publish reports that one of the key factors in the failure of the agreement was the interest of billionaire investment partner Wayne Rothbaum for better control of the decision-making process than Rodriguez and Lopez agreed – as the said a source:
“The Rothbaum thing soured quickly … It wasn’t their first choice, but it was the first to accept the next steps.”
There was also disagreement between Rodriguez / Lopez and Rothbaum over what would be a good price for the MLB franchise. The couple would have a price of $ 1.5 billion in mind, while the price desired by Rothbaum did not exceed $ 1 billion. Both price levels are significantly lower than what the current Mets owners – the Wilpon family – are looking for, which is more like $ 2.6 billion. Of course, the coronavirus is wreaking havoc on all organized sports right now, and that includes evaluating sports teams like the Mets, and on top of that, Rothbaum was also hoping to reach an agreement where their investment group could buy Mets without purchasing the SNY cable network, which broadcasts most Mets games locally.
Anyway, despite Rodriguez’s continued enthusiasm for owning the Mets, the deal is now officially signed, but that doesn’t necessarily mean the celebrity couple won’t find themselves another billionaire backer for acquisition in the future. Maybe even a billionaire Richard Tsai, that the couple was recently reported being courted for such a deal, could get there.