Jennifer Lopez and Alex Rodriguez appear to have at least one new backer in their quest to make an Amazin’ bid on the Mets.
The Galatiota Sports Partners investment bank is working with two investors who are considering investing up to a combined $250 million with A-Rod and J.Lo for their Mets bid, a source close to the situation said.
The firm president, Sal Galatioto, declined comment and the investors are unknown.
Galatiota Sports is a leading investment bank that represented the 76ers in their 2011 sale to private equity billionaire Josh Harris, who is now bidding for the Mets, as well as the Dodgers and Cubs in sales of minority interests in their teams in recent years. The firm’s vice chairman is former NBA deputy commissioner and COO Russ Granik.
This interest should help J-Rod arrange backing for their bid, along with whatever money JPMorgan arranges.
Sources close to J-Rod confirmed to The Post that the deal with Galatiota Sports Partners is in the works. It is also clear that the power couple has stepped up their pursuit for new financial backing as the Wilpons grow more desperate and a bid from Harris and David Blitzer looks more likely.
Another storm cloud on the horizon for J-Rod is a mystery bidder that is reportedly gaining steam.