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Tuesday, June 30, 2020

Seven groups qualify as bidders to buy the Mets, including Alex Roriguez and Jennifer Lopez group: r

The entangled race to buy the Mets is rapidly escalating.

Major League Baseball has approved seven groups as qualified bidders for the Mets, according to a Tuesday morning report from Sportico.

Known bidders include Alex Rodriguez and Jennifer Lopez’s group, which consists of Vitaminwater co-founder Mike Repole and Florida Panthers owner Vinnie Viola. Rodriguez and Lopez hired JPMorgan Chase in April to raise money for their possible bid. But, because the couple does not have enough money to buy the Mets on their own with a combined net worth of $700 million, Rodriguez and Lopez need help from billionaire investors like Repole and Viola.

Devils and 76ers owners Josh Harris and David Blitzer — who have a combined net worth of $5.1 billion — are also reportedly in the mix.

Brothers David and Simon Reuben are reportedly exploring a bid for the team, according to a Variety report. The tycoons are worth a combined $14 billion and are more interested in the real estate opportunities around Citi Field. In April, Bloomberg reported the Reuben brothers’ purchase of a retail condominium around Rockefeller Center in Manhattan as a step towards growing their enterprise in New York.

 

RoyalsRetro (AG#1F) Posted: June 30, 2020 at 02:04 PM | 7 comment(s) Login to Bookmark
  Tags: mets

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   1. JJ1986 Posted: June 30, 2020 at 08:23 PM (#5960483)
Knowing nothing about the Reuben Brothers, I would really like the Reuben Brothers to win the bidding.
   2. PreservedFish Posted: June 30, 2020 at 08:45 PM (#5960488)
$14 billion is a lot of cheese - that's like Count of Monte Cristo wealth. Practically makes ARod look like a po' boy.
   3. Hysterical & Useless Posted: June 30, 2020 at 08:47 PM (#5960490)
Hey, I got no beef wit da Reubens. And I'm sick of all dis baloney from da Wilpons.
   4. The Yankee Clapper Posted: June 30, 2020 at 09:26 PM (#5960494)
Elderly owners more interested in the neighboring real estate than the team? Sounds like another Sh1t Sandwich. Not good for the Club.
   5. Adam Starblind Posted: July 01, 2020 at 07:49 AM (#5960522)
Elderly owners more interested in the neighboring real estate than the team? Sounds like another Sh1t Sandwich. Not good for the Club.


At least they're rich. An upgrade from the current elderly sh1t sandwich.
   6. Benji Gil Gamesh VII - The Opt-Out Awakens Posted: July 01, 2020 at 12:22 PM (#5960545)
It's amazing how many really wealthy people are interested in buying these franchises that totally make very little money even in good times.
   7. caspian88 Posted: July 01, 2020 at 06:32 PM (#5960633)
Did Bobby Bonilla put in a bid?

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