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        <title><![CDATA[Alex Rodriguez, Jennifer Lopez Mets bid gets boost from Mike Repole]]></title>
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            <media:title type="html">Alex Rodriguez, Jennifer Lopez Mets bid gets boost from Mike Repole</media:title>
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        <content:encoded><![CDATA[<p>Vitamin Water co-founder Mike Repole is going to bat for Alex Rodriguez and Jennifer Lopez in their bid for the Mets, two sources told The Post.</p><p>He is one of two investors working with investment bank Galatioto Sports Partners who are <strong>considering investing up to a combined $250 million</strong> with A-Rod and J.Lo for their Mets bid, the sources said.</p><p>A-Rod and J.Lo have been <strong>working with JPMorgan</strong>, and the couple &#8212; even after taking in new investors &#8212; would still be the control owners of the team, sources said.</p><p>The Post last week broke the news about Galatioto working with two investors who were considering partnering with A-Rod and J.Lo. The Action Network’s Darren Rovell on Monday was the first to report about Repole partnering with A-Rod.</p><p>Repole had been a powerful booster for St. John&#8217;s University, before having a falling out last spring with school president Conrado Gempesaw.</p><figure id="attachment_15873026"  class="wp-caption alignnone aligncenter"><strong><noscript><img data- data-src="/uploads/2020/06/Alex-Rodriguez-Jennifer-Lopez-Mets-bid-Mike-Repole.jpg" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img  data-src="/uploads/2020/06/Alex-Rodriguez-Jennifer-Lopez-Mets-bid-Mike-Repole.jpg" /></noscript></noscript><img class="lazyload" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data- data-src="/uploads/2020/06/Alex-Rodriguez-Jennifer-Lopez-Mets-bid-Mike-Repole.jpg" /></strong><figcaption class="wp-caption-text"><span>Alex Rodriguez and Jennifer Lopez; Mike Repole</span><span class="credit">Getty Images (2)</span></figcaption></figure><p>The only known other bidders for the Mets are Philadelphia 76ers and New Jersey Devils owners <strong>Josh Harris and David Blitzer</strong>.</p><p>Repole, whose net worth is estimated at just over $1 billion, has been here before.</p><p>In 2011, Repole expressed interest in buying the Mets when the team was not that far from bankruptcy, sources told The Post at the time.</p><p>He was waiting for the Mets&#8217; financial woes to become public before moving in with a lowball offer, a source close to the situation told The Post.</p><p>Major League Baseball and Bank of America in 2011 instead bailed the Wilpons out with a $40 million emergency loan, and then the Mets ended up selling minority stakes in the team.</p><p>There is debate about the Wilpon family’s current financial situation, but it is clear they have become serious about selling the team, sources said.</p><p>The sale, at this point, still does not include the profitable SNY sports network, sources said.</p>]]></content:encoded>
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