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Report: Alex Rodriguez, Jennifer Lopez Raising Capital For Possible Bid On New York Mets

(CBSNewYork)- Former New York Yankees third baseman Alex Rodriguez and his fiancée Jennifer Lopez are reportedly looking into making a bid on a baseball team. That team is not the Yankees but rather, their crosstown rivals the New York Mets.

According to a report from Variety, the couple has retained the services of JP Morgan Chase to raise capital for a possible bid on the franchise. In the report, Variety states that the couple is working with the managing director of the bank, Eric Menell, who is the co-leader of the institution’s media investment operation.