Nets Owner Joe Tsai Denies Involvement in A-Rod and J-Lo’s Mets Ownership Bid


We’re now just days away from MLB’s much-anticipated return but the sports showdown of the summer is already underway in the Big Apple with a motivated Alex Rodriguez and fiancée Jennifer Lopez aggressively recruiting new backers to join their Mets ownership bid. A-Rod has already summoned fellow athletes Bradley Beal, Travis Kelce, DeMarco Murray, Mason Plumlee and Brian Urlacher, but it may take more manpower than that to neutralize the unlimited resources of deep-pocketed hedge fund billionaire Steve Cohen, who has already anted up a reported $2 billion for a majority stake in the team.

Cohen remains the prohibitive favorite to buy the Mets, though the A-Rod group could entice the Wilpons (who already turned Cohen down once) with more capital. Things got mighty interesting for a spell Saturday when Plumlee blogged that Joe Tsai—majority owner of the NBA’s Brooklyn Nets—was joining A-Rod and J-Lo’s ownership bid.

With a net worth of over $12 billion, Tsai’s involvement could easily have tipped the scales in A-Rod’s financial favor. Unfortunately for Rodriguez, who never played for the Mets but idolized the team and particularly first baseman Keith Hernandez during his youth, Plumlee's assertion was quickly debunked, and by a pretty trustworthy source. Tsai took to Twitter himself to address the rumblings, acknowledging his Mets fandom before dismissing Plumlee’s false claim, insisting the Nets remain his sole focus.

“Sorry Twitter, it is not true,” Tsai wrote Saturday in response to a post from Twitter handle Nets Daily. “I grew up a Mets fan and have a lot of respect for Alex and Jennifer. But I’m not involved in bidding for the Mets.” The 56-year-old investor would have been a huge get, but with Tsai choosing to concentrate on the Nets rather than expanding his sport portfolio, it’s back to the drawing board for A-Rod and company.

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