Alex Rodriguez’s split from Jennifer Lopezhappened in 2021, but he’s reportedly still feeling the effects of his breakup when it comes to his business deals. The former MLB star’s deal to buy the Minnesota Timberwolves with billionaire Marc Lore for $1.5 billion might be falling through because he apparently isn’t able to financially fund his end of the deal.
For the initial down payment, “Alex and Marc were supposed to be 50/50,” but “Alex couldn’t come up with his half,” according to a New York Post source. Currently, Rodriguez only owns seven percent of the team, while Lore holds 13% — and it seems that the athlete might have misrepresented how Lopez would be involved when he first structured this deal. He reportedly made sure meetings were held at the swanky homes they shared in Bel-Air and the Hamptons. “You always took your A-Rod meeting with J.Lo,” the insider continued. “She is coming in and out of the room with workout clothes. A-Rod always made it seem like they were investing as a couple.”
See where Alex Rodriguez took his new girlfriend on holiday; it will seem very familiar to Jennifer Lopez fans. https://t.co/vj5qABK8nO
The source seemed to indicate that Rodriguez’s investment partner was “completely mesmerized by the J. Lo thing,” and may have not done all of his homework when it comes to A-Rod’s financial strength. The duo has another 20% payment due at the end of the year, but Rodriguez has to pay Lore back for the other three percent that he fronted for him — let’s just say, it’s a lot of cash. If he can’t come up with the money, it looks like Rodriguez will have to take a secondary position as an investor.
It’s fascinating to see how his relationship with Lopez impacted him, not only personally, but professionally. She moved on a long time ago, but he’s having a hard time without her by his side.
Before you go, click here for all the celebrity splits and divorces we never saw coming.
Молодёжь сервисного локомотивного депо «Сольвычегодск» филиала «Северный» ООО «ЛокоТех-Сервис» выиграла дорожный этап интеллектуальной лиги ОАО «РЖД» «Что? Где? Когда?»
Певец Дмитрий Камский готовит к релизу новый сингл "Песня Земли"
Наталья Страшнова стала ведущей программы «Формула Верхневолжья».
Exclusive - Sayantani Ghosh expresses happiness as sets of her show Dahej Daasi shifted close to her home; says 'I've been manifesting this for quite some time now'
Suspect arrested for ‘threatening to kill Trump and his VP pick JD Vance’ in Florida days after assassination attempt
Faculty of International Journalism and Mass Communications Eurasian International University is conducting an additional intake of applicants!
According to BioWare, Dragon Age: The Veilguard is the first entry in the series where "the combat's actually fun" and where characters are "intentionally" the focus of the storytelling, which seems pretty unfair on the first three games
Conscript is an old school survival horror game where the horror is just that you're in World War 1
Интервью AppTime с компанией Innova: релиз Gran Saga в России, внутриигровая оплата и «Масленица» в корейской MMO
D&D's new 2024 Player's Handbook will have 10 species to choose from including goliaths, and drow will be closer to their Baldur's Gate 3 version
Филиал № 4 ОСФР по Москве и Московской области информирует:
С начала 2024 года 140 тысяч женщин и новорожденных Московского региона получили услуги по родовым сертификатам
Спортивные игры в СЛД "Москва-Сортировочная" филиала "Московский"
Представители «Метровагонмаш-Сервиса» посетили СЛД «Москва-Сортировочная» филиала «Московский» компании «ЛокоТех-Сервис» для обмена опытом
Подтверждена совместимость операционной системы AlterOS и офисного пакета AlterOffice с МИС «Ариадна»
Представители «Метровагонмаш-Сервиса» посетили СЛД «Москва-Сортировочная» филиала «Московский» компании «ЛокоТех-Сервис» для обмена опытом
Филиал № 4 ОСФР по Москве и Московской области информирует:
С начала 2024 года 140 тысяч женщин и новорожденных Московского региона получили услуги по родовым сертификатам
Путин назначил Романа Курынина замглавы МЧС России
Скончался актер из сериала «Московская борзая» Владимир Королев
До конца июля анимационная компания «ЯРКО» проведет еще одно мероприятие в ТРЦ «Ривьера» – развлекательную программу по мотивам мультсериала «Команда МАТЧ» (27 июля).
Спортсменки из Красногорска выиграли «Кубок футбольных мам» в Коломне
Росгвардейцы обеспечили безопасность во время футбольных матчей в Москве
Министр спорта Забайкалья принял участие во Всероссийском семинаре-совещании по вопросу перспектив развития спортивной отрасли в Москве