Alex Rodriguez and Jennifer Lopez, who wanted to buy Mets, 'working through some things'

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Alex Smith
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Alex Rodriguez and Jennifer Lopez
Alex Rodriguez and Jennifer Lopez

UPDATE: The couple have released a joint statement obtained by PEOPLE, saying "We are working through some things."

Alex Rodriguez and Jennifer Lopez, who attempted to buy the Mets before Steve Cohen ultimately purchased the team in October, have broken up, according to Page Six of the New York Post.

The celebrity couple called off their two-year engagement, which included two wedding cancelations along the way, per the Post.

Rodriguez and Lopez assembled a potential ownership group while raising capital to buy the Mets over the summer, bringing in partners like billionaire Glaceau co-founder Mike Repole.

According to reports, the Rodriguez/Lopez initial bid to purchase the Mets was $1.7 billion. Cohen’s final bid, which was approved by MLB owners in late October, reportedly valued the franchise at “approximately $2.475 billion.”

Even after Rodriguez’s bid to buy the Mets was not accepted, the former Yankee spoke about wanting to raise the team’s payroll to $225 million to “bring a championship back to the city of New York.”

"The Mets were a team I grew up watching," Rodriguez said during a virtual Q&A shortly after his bid wasn’t accepted. "I thought that the Mets did — and do — have an opportunity to be one of the great franchises around the world, with an incredible fan base, and we were really excited to take payroll from like $150 [million] to $225 [million] and bring a championship back to the city of New York.

"I wasn’t looking to acquire a team, [but] when the Mets became available, we became interested. Jennifer thought this would be great as well. I enjoyed the experience, so never say never.”