“His ability to raise capital went from strong to meaningfully weaker. J.Lo validated him” - Yankees legend Alex Rodriguez reportedly struggling to generate money for Timberwolves deal

Former MLB star Alex Rodriguez, who partly owns NBA’s Minnesota Timberwolves, is reportedly struggling to generate money to fulfill the terms of the deal.

The NBA team was purchased by A-Rod and his billionaire partner Marc Lore for an astounding $1.5 billion last year. The deal involved a down payment of $250 million, amounting to a 20% stake. A-Rod and Lore were supposed to be equal partners, but the former baseball star was unable to generate enough funds at the time, meaning a portion of his share was covered by Lore.

Rodriguez and Lore are required to complete a second payment by the end of the year, but according to the New York Post, the Yankees legend is struggling to come up with the cash.

The report states that Rodriguez’s ex-girlfriend Jennifer Lopez may have indirectly influenced his partnership with Lore, with a source revealing to the Post that A-Rod’s brand value decreased after his split with the American singer.

“His ability to raise capital went from strong to meaningfully weaker. J.Lo validated him,” said the source.

According to the New York Post, Lore and Rodriguez allegedly collaborated on the Timberwolves agreement because of Lopez.

“How Jennifer Lopez breakup jeopardizes Alex Rodriguez's $1.5B Timberwolves deal https://trib.al/OZd1b3Y” – New York Post

Reportedly, Lore was really impressed with Lopez.

“Marc got completely mesmerized by the J. Lo thing. You always took your A-Rod meeting with J.Lo. 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,” the source added.

If A-Rod is unable to produce his share, one of two options will occur. Either Lore will complete the purchase himself, or the agreement will be nullified and the team will remain under the control of Glen Taylor.

Alex Rodriguez and Jennifer Lopez – a power couple

In 1999, A-Rod met J.Lo and asked for her autograph.

"#TBT to almost 20 years ago when a big time global pop superstar signed a pic for a young ball player #lifecanbeafunnythingsometimes #pictureperfect #keepsake #jlo" - A-Rod

Lopez divorced singer-songwriter Marc Anthony in 2014 and started dating Rodriguez in 2017. The couple were often seen together publicly and both shared photos on social media.

"We're ready for the #MetGala2017" - A-Rod

A-Rod and J.Lo got engaged in 2019 and treated fans to stunning proposal photographs.

"Locking it down. 💙 #futuremrsrodriguez" - A-Rod

The couple postponed their wedding due to COVID-19 and split in 2021. J.Lo is now married to actor Ben Affleck.

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Alex Rodriguez played 22 seasons in the MLB and is regarded as one of the greatest players. A lot of New York Yankees’ success is credited to him. He was a 14-time All-Star and won numerous awards.