Kevin Mazur/Getty Pictures Alex Rodriguez and Jennifer LopezAlex Rodriguez and Jennifer Lopez have backed out of bidding to buy the New York Mets.In a joint assertion, Lopez and Rodriguez, who spent 12 seasons taking part in for the Mets’ crosstown rivals the New York Yankees, mentioned that they have been “dissatisfied” to announce that they might not be pursuing possession of the workforce.”The consortium mentioned that they’re dissatisfied to not be a part of the revitalization of New York Metropolis and supply an exhilarating expertise for the followers and want the Wilpon household and the whole Mets group nicely,” the assertion learn.”Alex and I are so dissatisfied!! We labored so exhausting the previous 6 months with the dream of changing into the primary minority couple and the primary girl proprietor to purchase her father’s favourite Main League Baseball workforce along with her personal hard-earned cash,” Lopez, 51, wrote alongside the assertion on Instagram. “We nonetheless haven’t given up!!”The couple’s choice to withdraw from the bidding comes amid new stories that Steven Cohen, a billionaire hedge fund supervisor, is as soon as once more in negotiations to amass the workforce.CNBC reported on Friday that Cohen was within the means of finalizing his buy of the workforce.By no means miss a narrative — join PEOPLE’s free every day e-newsletter to remain up-to-date on one of the best of what PEOPLE has to supply, from juicy superstar information to forcing human curiosity storiesThe Mets are at present owned by actual property developer Fred Wilpon.In December, the Wilpon household introduced plans to promote 80 p.c of the workforce to Cohen, though the deal fell by way of in February, in response to the New York Occasions. The preliminary deal fell by way of over points associated to closing prices, CNBC reported.Story continuesIt is unclear when he re-entered a bid for the workforce, which he initially set at round $2.6 billion. It additionally stays unclear what Cohen’s new bid is, although CNBC stories it both meets or exceeds his earlier $2.6 billion bid.Rodriguez and Lopez reportedly provided $2.three billion for the membership.RELATED: Alex Rodriguez Says He ‘Can’t Assist However Smile’ After ‘Amazing’ 12 months with Jennifer Lopez and KidsEarlier this month, the New York Submit reported that Lopez and Rodriguez, 45 had retained JPMorgan Chase to lift funds for a possible bid on the workforce.Along with Lopez’s connection to the workforce, possession would even have been private for Rodriguez, who nearly signed to the workforce in 2000, though he as a substitute opted to play for the Texas Rangers.