Inside A-Rod’s Sprawling Business Empire
Alex Rodriguez’s goals in business started as soon as he turned pro. Now on the other side of one of the most successful—and controversial—careers in baseball history, his ambitions are accelerating.
“I came to a place of accountability,” Rodriguez said in an interview. “I had good moments and I had very tough moments [in baseball], but I have a clean slate when it comes to being a father, to being a partner, to being a businessman, to being a friend. So I draw incredible motivation from that.”
During a series of wide-ranging interviews in Miami for the Quicktake Originals series “Athlete|Empire,” the 46-year-old Rodriguez laid out a vision for a network of businesses under his A-Rod Corp. umbrella that builds on his success in real estate dating back two decades and now includes private equity and venture investments, a SPAC and an ownership stake in two professional basketball teams.
The baseball world continues to weigh Rodriguez’s achievements against his sins. The former Mariner, Ranger and Yankee is newly eligible for the Hall of Fame, and it remains to be seen if his world-class stats and subsequent work as a CEO, broadcaster and investor draw attention away from the troubling parts of his career on the field.
From MLB to the NBA
His partner in purchasing the NBA’s Minnesota Timberwolves and the WNBA’s Lynx is Jet.com founder and Walmart Inc.’s former head of e-commerce, Marc Lore. He and Rodriguez met initially in a failed bid to buy the New York Mets and have since collaborated on a number of projects, including a $400 million fund called VCP Ventures.