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Jennifer Lopez, Alex Rodriguez Fighting Over Money?

Jennifer Lopez Alex Rodriguez Money

By Gossip Cop Staff |

Jennifer Lopez Alex Rodriguez Money

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Are Jennifer Lopez and Alex Rodriguez fighting over money? That’s what one of this week’s tabloids is reporting. Gossip Cop, however, can correct this claim. We’re told it’s not true.

According to Life & Style, “money woes” are causing problems in Rodriguez and Lopez’s relationship. The magazine then employs a standard tabloid tactic, which is to assert that despite how happy the couple looks together (in public and on their social media accounts), it’s just a front and “not everything’s so sunny” between them. The main issue, contends the publication, is Rodriguez’s “high-stakes money dealings.”

To bolster its premise, the magazine trots out an unnamed and unaccountable “source,” who alleges, “A-Rod’s a risk-taker when it comes to business, and J. Lo’s worried that one poor decision could result in him losing millions.” “She thinks Alex should be more conservative with his money,” adds the untraceable tipster. From there, the tabloid mentions how Rodriguez has pricey art in his Florida home, but nebulously contends he’s supposedly leveraging his paintings from Andy Warhol and others “in order to lend $5.5M to another company with ties to him.”

Not surprisingly, the outlet offers no details whatsoever about the other “company” he’s purportedly funding thanks to his art collection. Instead, it just has its anonymous tipster ominously maintain, “Now he’s at risk of losing his pieces if the [unspecified] business takes a turn for the worse.” After noting how he’s making a mere fraction of what he earned while playing for the Yankees, the so-called “source” alleges, “J-Lo has been dropping not-so-subtle hints to A-Rod about being more responsible with his money.”

The nameless insider claims Lopez and Rodriguez have been “arguing over money, his money to be exact.” The seemingly phony “source” continues, “It would be [Lopez’s] worst nightmare to lose everything they’ve worked so hard for.” “She told [Rodriguez] that he needs to sort out his finances before she really considers walking down the aisle” with him, concludes the “source.”

While all very dramatic, it’s not very accurate. Far from being a “risk-taker,” Rodriguez, who Forbes estimates earned $480 million during his MBL career, is a shrewd investor. The same financial magazine even featured Rodriguez in a story about how he transitioned from baseball to business and often consults with billionaire Warren Buffet. And in 2018, CNBC reported Rodriguez invests in cover real estate, tech companies, and financial institutions.

In fact, because of his business acumen, Rodriguez was added as a guest cast member on “Shark Tank.” His bio on the show’s website relates how his company, AROD Corp, also owns “an auto dealership group, international and domestic fitness clubs, and a fully integrated real estate empire, with over 200 employees and more than 12,000 units in their portfolio across 13 states.” Bottom line: He’s not hurting for cash, and Lopez isn’t concerned.

Of course, Life & Style has a history of striking out with its reporting about the high-profile couple. For example, Gossip Cop busted the tabloid in March 2017 when it falsely claimed in a cover story that Lopez and Rodriguez were ready then to have a wedding and a baby. We also corrected the magazine 20 months ago when it wrongly asserted in another cover story that Lopez was pregnant with Rodriguez’s baby boy.

Gossip Cop nailed the tabloid again when it that untruthfully maintained in yet another cover story from April 2018 that Lopez was pregnant with her and Rodriguez’s twins. Since then, we’ve also exposed the magazine for inaccurately claiming the singer-actress has been pressuring the former ballplayer to propose and dragging him to go ring shopping in Miami. Just a few weeks ago, Gossip Cop debunked the same outlet when it wrongly reported Rodriguez was jealous of Lopez’s one scenes with her Second Act co-star Milo Ventimiglia.

In each and every one of those provably inaccurate articles, the tabloid relied on anonymous sources. Conversely, a rep for Rodriguez, speaking on behalf of the athlete-turned-businessman, went on the record to assure Gossip Cop the magazine’s narrative about him and Lopez fighting over money was untrue.

Sources

Badenhausen, Kurt. "A-Rod Will Retire With MLB-Record $480 Million In Career Earnings." Forbes, 23 Mar. 2016.

O'Malley Greenburg, Zack. "A-Rod In Paradise: Swinging For Redemption Through Baseball And Business." Forbes, 3 Apr. 2018.

Fox, Michelle. "Former MLB star A-Rod bets big on real estate, tech and financials." CNBC, 26 Jan. 2018.

Alex Rodriguez's "Shark Tank" bio page, ABC.

Shuster, Andrew. "Jennifer Lopez, Alex Rodriguez 'Wedding And Baby' Claim NOT True." Gossip Cop, 29 Mar. 2017.

Shuster, Andrew. "Jennifer Lopez NOT Pregnant With Alex Rodriguez’s Baby Boy, Despite Fake News." Gossip Cop, 24 May 2017.

Weiss, Shari. "Jennifer Lopez Pregnant, Expecting Twins With Alex Rodriguez?" Gossip Cop, 18 Apr 2018.

Shuster, Andrew. "Alex Rodriguez Jealous Of Jennifer Lopez’s Love Scenes?" Gossip Cop, 23 Dec. 2018.

Ron Berkowitz, spokesperson for Alex Rodriguez, 9 Jan. 2019.


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