News Jennifer Lopez and Alex Rodriguez Are Reportedly Trying to Buy the Mets You know, just a casual $2.6 billion investment ... By Isabel Jones Isabel Jones Instagram Twitter Isabel is an Oregon-born and Brooklyn-based writer and editor with a special interest in pop culture and pretty much any product that has ever been featured on Shark Tank. Prior to working at InStyle, Isabel attended New York University and held internships at various magazines, including Cosmopolitan, NYLON, and Us Weekly. InStyle's editorial guidelines Published on April 21, 2020 Pin Share Tweet Email Jennifer Lopez and Alex Rodriguez may be housebound, but they’re still plenty busy. Their schedule is filled with all the typical quarantine activities: Put on a live benefit concert, attend a virtual dance party with your ex-boyfriend, ponder investing in a Major League Baseball team … According to Variety, Lopez and Rodriguez, who got engaged over a year ago, are working with JPMorgan Chase to “raise capital for a possible bid on the New York Mets." Unlike designer duds and sports cars, baseball teams aren’t the sort of rich person investment you can just drop money on and collect. A-Rod and J. Lo are wealthy, make no mistake — their combined net worth is around $700 million — but they aren’t “look honey, I bought the Mets” wealthy. Frazer Harrison/Getty Images The team is currently valued at $2.6 billion and owned by real estate developer Fred Wilpon and his family. In December, the Wilpons were in talks to sell 80% of their holdings to hedge fund manager Steve Cohen, but the deal fell apart. While Rodriguez, a former MLB player, has never played for the Mets, he almost signed with them back in 2000. Instead, he took a $252 million 10-year deal from the Texas Rangers. In 2004, he was traded to the New York Yankees. He stayed with the team until his retirement in 2016. Jennifer Lopez Nailed a Barbra Streisand Song While Wearing a Sweatshirt with Her Face On It Just last month, Rodriguez appeared on The Tonight Show with Jimmy Fallon and told the host, if the opportunity to purchase the Mets arose, he’d “certainly look at it.” Was this page helpful? Thanks for your feedback! Tell us why! Other Submit