JENNIFER Lopez is reportedly “washing her hands” of her ex-fiance Alex Rodriguez.
The singer is apparently “cutting off” all business deals with the former MLB star as she moves on with Ben Affleck.
An insider told Us Weekly: “Jennifer is done dealing with Alex. She’s washing her hands of him romantically and also as a business partner.
“Her management team and her lawyers will be talking to his [team] to tie up any loose ends.”
When Jennifer broke off her engagement with Alex this spring, they released a statement: “We have realized we are better as friends and look forward to remaining so.
“We will continue to work together and support each other on our shared businesses and projects.”
The power couple reportedly hired lawyers in a bid to unravel their complicated financial situation.
A source then told People: “They are tied in their business worlds so it’s not a cut-and-dried break-up. It’s taken a while for them to even think about untangling it all.”
Together, they have a five percent stake in the health self-care company Hims & Hers, estimated to be worth nearly $80M.
They have also invested in the trendy drinks firm Super Coffee, owning five percent of approximately $240M company.
There have also been collaborations with fitness app Fitplan and a deal with sunglasses firm Quay Australia.
Sources shared with Us Weekly: “She will have to sell her side of the company or buy him out.
“She doesn’t care about how it goes down, just that she is free of the ties to him. She knows it’s [only] fair to Ben.”
The former couple also owns multimillion-dollar real estate in New York and Miami.
Last year they offered $300M to buy the New York Mets baseball team but were outbid by American billionaire Steve Cohen.
One source told USA Today newspaper: “Everyone who works on the business side for the couple is mostly saying, ‘Thank God they didn’t buy the Mets’.”
Earlier this week People reported, JLo and her 13-year-old daughter, Emme, were at an event recently when she picked up some jewelry for Ben’s daughters.
Another attendee shared: “When she stopped by the Made by Mary jewelry station, she and Emme picked out several ‘birth flower necklaces,’ including two for Ben’s daughters.”
They added JLo planned to present them to Violet and Seraphina when they all gathered that night in honor of Ben’s birthday over the weekend.
The pop star shares Emme and her twin brother Max, 13, with her ex-husband Marc Anthony.
Meanwhile, Ben co-parents Violet, Seraphina and son Samuel, nine, with ex-wife Jennifer Garner.
Over the weekend JLo removed all photos of her ex-fiancé Alex “A-Rod” Rodriguez and officially unfollowed him on Instagram as her relationship with Ben continues to heat up.
After their shocking split, JLo rekindled her romance with Oscar winner Ben, nearly 20 years after they called off their wedding.