They were asked to partner with JPMorgan Chase's managing director Eric Menell, the bank's co-head of North American media investment banking, to make an offer by raising capital to the Wilpon family who are currently running the team. They cancelled their negotiations in May, 2020 due to some failed reports with the investors.
TMZ announces that current and retired National Football League stars includes Travis Kelce, Brian Urlacher, Joe Thomas and DeMarco Murray are going to be owned by new investment team of Jennifer Lopez and Alex Rodriguez soon. The couple has signed $1.7 billion bid for the Mets. The Denver Nuggets' Mason Plumlee and Bradley Beal of the Washington Wizards are also listed in team.
They are going to hit tough competition from hedge fund billionaire Steve Cohen, who according to New York Post has already made $2 billion bid to buy the team of Wilpon Family.
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