Report: Alex Rodriguez Emerges as Potential Candidate to Buy Mets
Steve Cohen walked away from a deal to buy 80 percent of the team last week
According to The New York Post, Alex Rodriguez is looking into investing in a baseball team in New York — and it ain’t the Yankees.
Rodriguez, who spent 13 seasons with the Yankees (he was suspended for one of them), is “kicking the tires” on the prospect of getting into an upcoming auction for the New York Mets after billionaire hedge fund manager Steve Cohen walked away from a deal to buy 80 percent of the team last week.
While it’s unclear how big a share of the team Rodriguez would be looking for, he certainly has enough money to be a player should he decide to get involved in the bidding as the 44-year-old earned more than $450 million in salary alone over the course of his career.
“He’s a businessman and a baseball man based in New York,” an A-Rod ally told The Post. “Why wouldn’t he be looking at this?”
If Rodriguez does make a bid, it would be a “long shot” and would mean he’d have to put together an ownership group of even wealthier investors in the way former Yankees teammate Derek Jeter did with the Miami Marlins.
Jeter became the controlling partner and CEO of the Marlins by putting down $25 million alongside 15 other investors to reach a $1.2 billion deal in 2017.
“Rodriguez genuinely loves the Mets,” a source familiar with A-Rod told The Post. “He and J.Lo have talked about him buying a team ever since Jeter got the Marlins.”
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