Jennifer Lopez and Alex Rodriguez Taking Big Steps To Buy NY Mets
-- but insiders tell us it's strictly a business decision ... and we're told A-Rod has a vision for the New York Mets that will handsomely line his and his fiancee's pockets.
Sources familiar with the deal tell us ... A-Rod's weakness is also his strength -- he knows he doesn't have a background in business so he's going to leave the business part of running the team to people who know better than him. He's more of a"people manager" -- meaning his strength is inspiring players, but he's leaving the business part to people who know better than him.
We're also told A-Rod and J Lo are putting up a relatively small percentage of the cash necessary to make a deal. We're told they're looking for big investors who might put up somewhere between $25 million and $50 mil. At which point they could get financing from a bank for the balance. As it was put to us ... the Mets have been"so mismanaged" that there is nothing but upside if he can right the organization. The danger -- we're told A-Rod has an interest in working with the players. The conventional wisdom ... Hall of Fame-level players typically screw up when they try to mess with the roster.
Our sources say it all comes down to money. There are reports the Mets are worth around $2.4 billion, but some of the financial people we've spoken with say that's way too high, and the team is worth more in the $1.5 billion range. Hedge fund managerwas previously in negotiations to buy the Mets in a deal valued at $2.6 billion, but that fell apart in February. Lots of people felt the offer was way over market.
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