Jennifer Lopez, Alex Rodriguez Working On Dividing Assets After Split: Report
KEY POINTS
- Jennifer Lopez and Alex Rodriguez's lawyers have been begun discussing how their joint assets would be divided, a report says
- The now-exes have several investments together, including Hims & Hers, Fitplan and real estate properties
- Lopez and Rodriguez's employees are reportedly relieved they had not succeeded in purchasing the Mets
Jennifer Lopez and Alex Rodriguez have started working on untangling their business dealings together following their split, a report says.
Several outlets reported Friday that Lopez and Rodriguez have called it quits after two years of engagement and four years together. An unnamed insider has now told Page Six that their lawyers and business managers have been meeting in the past few days to look over their business ventures and property portfolio and discuss how their joint assets will be divided.
"There have been frantic meetings at A.Rod Corp in the past few days about how to divide their assets. Jennifer and Alex were in business together on many business projects and real estate deals," the source told Page Six.
"They were not yet married, so it is less complicated, and they both have a lot of wealth, and equally put in their own money into numerous ventures," the insider added.
Among the exes' joint business ventures is their deal with the company Hims & Hers, in which both are investors. The singer and former MLB star are also partners with the app Fitplan, with whom they collaborated for a fitness coaching project.
Further, Lopez and Rodriguez own a number of real estate in New York and Florida, including the $33 million mansion on Miami Beach's Star Island that they purchased together in August 2020.
Another anonymous insider said many were relieved that Lopez and Rodriguez were not able to buy the Mets. The then-couple lost out in their bid for the Mets to billionaire hedge fund manager Steve Cohen.
"Everyone who works on the business side for the couple is mostly saying, ‘Thank god they didn’t buy the Mets," the source said. "Even though the deal would have seen Alex and Jennifer putting in their own separate investments, it would have been a huge mess to get out of it."
In August 2020, Lopez confirmed that she and Rodriguez were planning to purchase the Mets. They sparked rumors that they were buying it after they were spotted touring the team's home studio.
"In this day and age, that would be something that would be so amazing," Lopez said at the time. "I don’t have anything to report on that end right now. But I think in every field, especially in institutions like Major League Baseball that are so American at this moment in time, it is important for diversity. It is important for women to have positions of power that they’ve earned, and deserve, and can contribute in a way that is just as good as any man on the planet. So of course I am for it."
Meanwhile, Lopez and Rodriguez reportedly split due to his links to "Southern Charm" star Madison LeCroy.
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