*By Carlo Versano and Conor White*
Alex Rodriguez had one of baseball's most storied and complicated careers, but his investment strategy is quite simple.
That strategy, made famous on "Shark Tank," is about focusing on business segments the former Yankee both understands and is passionate about. He told Cheddar he prefers the "narrow and deep" over the "wide and shallow."
To pursue the narrow and deep, Rodriguez ー the beneficiary of two of the most lucrative contracts in sports history ー is now the CEO of his own investment firm, A-ROD Corp.
His business acumen was first observed during his famous baseball career, when he grew a real-estate portfolio from a single duplex to now more than 10,000 units across 11 states. Real estate was something he understood implicitly after growing up poor in Florida. "I dreamt as a young man that one day I could trade places with the landlord," he said.
He has used that same gut strategy to invest in new ventures in health and fitness, media and entertainment, and even a beauty brand (with the help of his girlfriend, Jennifer Lopez).
Among those investments: a partnership with esports powerhouse NRG. The esports industry is one that Rodriguez called a "phenomenon."
"The numbers and the business keep growing," he said. "Other than the Super Bowl, esports will take a backseat to nothing."
When A-Rod came on the scene as a rookie slugger for the Seattle Mariners in 1994, the idea of a player signing a contract worth hundreds of millions of dollars was almost unheard of. But in 2000, he signed a $252 million deal with the Texas Rangers ー the biggest by far at that point.
Now, nine-figure contracts for baseball's best players are more common, and Rodriguez thinks they have room to grow even larger. The league grew from $1 billion to $10 billion in revenues during his time on the field, though he said contracts have not grown apace.
With two of the league's best talents, Manny Machado and Bryce Harper, now in free agency, his record for most career earnings ($480 million) could finally be broken ー and he hopes it is. "I am cheering them hard," he said. "I hope they both break it."
For full interview [click here](https://cheddar.com/videos/mlb-legend-alex-rodriguez-esports-is-quite-a-phenomenon).
The component derived from cannabis plants offers an effective alternative for pain relief without causing a "high," said former New York Jets player Marvin Washington, who urges the NFL to change its policy on the substance. "If we don't get our hands around this opioid addiction, we are going to lose a generation."
For the first time since 1980, Iranian women this week were allowed to watch their national team take on Spain at the World Cup. For Iran, soccer is "the one secular institution that really unites the country," says Jeffrey Marcus, publisher of World Cup newsletter "The Banter."
The 28-year-old pitcher for the LA Dodgers pitches something else in the off-season: stocks. As a licensed stockbroker, Stripling invests in FANG shares and dabbles in some commodities, he tells Cheddar.
Paul Boyer, a.k.a. sOAZ, the former starting top laner for Team FNATIC, was sidelined with a hand injury during the Spring Split season of the esport League of Legends. But now he's back in action and ready for the Summer Split.
IBM and Fox Sports have teamed up to bring fans an easy way to create their own highlight reels, drawing footage from archives and current matches. "It is a huge opportunity to tap into that fan passion," says Robert Schwartz, Global Leader of Strategy and Design at IBM iX, the company's digital ad agency.
The athletic brand has signed deals with projected number one overall pick in the NBA, Deandre Ayton, and has integrated music and fashion into its marketing. Former ESPN host Bram Weinstein says that could give Puma an edge over competitors.
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Canada was one of the only developed countries in the world that did not have a premier league for soccer. Until now. The Canada Premier League will kick off its inaugural season next year in the hopes of creating a soccer revolution ahead of the 2026 World Cup, co-hosted in the country, says CPL commissioner David Clanachan.
Any professional athlete faces pressure to win, but the stakes are higher at the World Cup, where soccer players carry the added burden of an entire nation's expectations. To rise to the occasion, athletes "have to have a shared vision and a greater purpose," says Jon Gordon, the author of 'The Power of Positive and Leadership.'
Most World Cup fans may have their money on the usual contenders: Brazil, France, and Germany. But there are a few teams and players that have the potential to upend the game and surpass expectations, says Jeffrey Marcus, publisher of The Banter.
