Alex Rodriguez and Jennifer Lopez make $1.7 billion bid for New York Mets

Former Yankees star and actress's offer to be reviewed by the Wilpon family

LOS ANGELES, CALIFORNIA - JANUARY 19: (L-R) Jennifer Lopez and Alex Rodriguez attend the 26th Annual Screen Actors Guild Awards at The Shrine Auditorium on January 19, 2020 in Los Angeles, California.Show more

Former New York Yankees star Alex Rodriguez and actress Jennifer Lopez have made a $1.7 billion (Dh6.2bn) bid to buy Major League Baseball (MLB) side New York Mets, according to the New York Post.

The Rodriguez-Lopez stable of investors – including Florida Panthers owner Vinny Viola – made a bid that was comparable to one made by Josh Harris and David Blitzer, owners of the Philadelphia 76ers and New Jersey Devils. Viola reportedly contributed $200 million to the Rodriguez-Lopez led group.

Billionaire Steve Cohen also reportedly submitted another bid after walking away from his $2.6 billion bid earlier this year. The Post reported Cohen would have to outbid his nearest competitor by more than $250 million over his tactics in February. Further, Cohen could face a challenge to get approved by three-quarters of baseball owners, according to the report.

Rodriguez was a three-time MVP and 14-time All-Star in a 22-year MLB career that included stints with the Seattle Mariners (1994-2000), Texas Rangers (2001-03) and New York Yankees (2004-13). His career accomplishments were tarnished by his admitted use of performance-enhancing drugs.

Lopez has enjoyed success as both a movie star and a singer. Fox Business reported in February that her net worth is between $225 million and $400 million, with Rodriguez's net worth estimated at $300 million to $350 million.

The Wilpon family, owners of the Mets, will now review the bids and decide how many suitors to invite to a second round.

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A-Rod and other stars with their private jets