Jennifer Lopez — not A-Rod — would be Mets’ ‘control person’ in updated ownership bid, more news

Jennifer Lopez and Alex Rodriguez up the ante in their Mets bid

“It ain’t over until it is over.” That’s how a confident Jennifer Lopez assured the New York Post this week that she’s not backing off of her bid alongside fiance Alex Rodriguez to take over the Mets. “We are New Yorkers and we are not going to give up. We feel we have the best bid for the sport, the team and the city,” she added. The couple have been working as lead investors on a deal to buy the MLB team for months. At the end of August, however, their rumored $1.7 billion offer — which reportedly included $300 million of J.Lo and A-Rod’s own money — appeared to be dead in the water. That’s no longer the case, apparently. According to the Post, the couple’s investor group is now offering a deal in which Jennifer, rather than her Yankees alum partner, would be, as she put it, “the control person.” That’s reportedly a switch from the original deal in which Alex would have been the control person. It would also make J.Lo the first Latina owner of an MLB franchise, the Post notes. The couple have also reportedly included a guarantee that the Mets would either win a World Series in the first decade of their ownership or J.Lo and A-Rod would donate $100 million to charities in the Big Apple. Their plan seems to be to have Alex handle baseball decisions while Jennifer covers branding and entertainment interests. If the current owners don’t pick J.Lo and A-Rod’s group, they’re expected to sell the team to billionaire hedge fund manager Steve Cohen. The sale is expected to go through one way or another before the end of the year.