New York Post

J-Rod put up $300M of own money for Mets

- By GREG JOYCE

J-Rod might not have the deepest pockets in the chase to buy the Mets, but their group has “more than enough money” to have a shot, according to one of its members.

Alex Rodriguez and Jennifer Lopez’s bid in the Mets sale includes investing $225 million to $300 million of their own money, The Athletic reported Monday, which would be the most of anybody in their group. For comparison, Derek Jeter contribute­d $25 million of his own cash in his group’s purchase of the Marlins.

That bid also involves Queens native Mike Repole and Florida Panthers owner Vincent Viola, and while the combined net worth of the four main actors is still less than Steve Cohen’s $14 billion, per Forbes, Repole doesn’t think they should be counted out.

“One hundred percent, we can be competitiv­e,” Repole told The Athletic. “The entire group has more than enough money.”

Cohen’s first-round bid came in at $2 billion, The Post previously reported, while bids from the Rodriguez-Lopez group and the HarrisBlit­zer group were also in that neighborho­od.

A Sunday report from Fox Business said the sale was coming down to Cohen and HarrisBlit­zer, with Rodriguez and Lopez not having enough cash to compete. But in addition to Repole’s claim that they have enough money, he believes their group is also the best option for other reasons.

“This is the best ownership group, not only for the Mets but for New York and definitely for baseball,” Repole told The Athletic. “I pride myself on being a marketer. Baseball needs a little bit of a marketing wake-up call, a marketing shot in the arm. Obviously with Alex and Jennifer and what I’ve done with brands all my life, if I’m among the 29 other baseball owners and I’m [Rob] Manfred, this is the team I want to own the New York Mets in the New York market.”

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