A-Rod and Jennifer Lopez Reportedly Want to Include Cable Network SNY in Potential Mets Purchase
New York Mets fans were excited about getting a new owner in Steve Cohen this offseason. Then, his deal fell through at the last moment, and the Wilpon family retained control of the franchise.
Yet the franchise is still available, and the power couple of Alex Rodriguez and Jennifer Lopez are reportedly in talks to become part of a new ownership group, against all odds. But the team's not ALL they want partial control of.
The latest report is that they also want New York sports television network SNY in any deal to acquire the team.
The Wilpons are majority owners of SNY, and the network is under contract to air Mets games for the next decade. Acquiring the network would be a major revenue source for new ownership, and would separate the Wilpons from a majority share of anything associated with the team. Rodriguez and Lopez are wise to demand SNY as part of their package, as the Mets are reportedly facing some financial strain and are losing leverage by the minute.
The New York Post reports that the Mets are losing around $90 per season, but have recouped that amount of money, thanks to SNY. That makes it fairly obvious why any new owners would want the network as well. At this point, any hesitancy here may ultimately doom any potential sale and keep the Wilpons in power for an indeterminate amount of time.