*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).
Jamil Jaffer, Founder and Executive Director of the National Security Institute, joined Cheddar to discuss the concern surrounding Chinese tennis star Peng Shuai's disappearance following a social media post accusing a former high-ranking Chinese official of sexual assault.
Carlo and Baker cover the latest developments with the Omicron variant, and break down what we know and what we still don't. Plus, a relatively tame Black Friday, and more.
Dan Kilbridge, Bookies.com sports betting expert, and Cam Rogers, Host of 'Lock It In with Cam Rogers' and betting analyst at Bleav, tackle top matchups across the NFL and college football this coming weekend.
Sponsored by BetMGM
BetMGM host Olivia Harlan Dekker joins Cheddar Bets to break down the Thanksgiving Day football games and present her Weekend Portfolio of picks.
Sponsored by BetMGM
Olivia Harlan Dekker gives her top plays for Thursday's Thanksgiving NFL games while Dan Kilbridge and Cam Rogers tackle top matchups across the NFL and college football this coming weekend.
Sponsored by BetMGM
The New Jersey Devils are debuting its newest jersey option, only the third uniform in the NHL team's history. Jillian Frechette, SVP of marketing for the Devils, joined Cheddar to talk about the inspiration behind the new-look hockey sweater, the contributions to the design by Hall of Fame goaltender Martin Brodeur, and what it means for the Garden State, home to the franchise since the team moved from Colorado in 1982. The jersey launched in stores on Tuesday and players will begin wearing them beginning December 8 as the Devils approach the 40th anniversary in New Jersey.
NFL Hall of Famer and "Good Morning America" host Michael Strahan will be able to add space travel to his list of accomplishments as he prepares to launch into orbit with the next Blue Origin mission.
On this episode of Cheddar Bets, BetMGM Host Olivia Harlan Dekker breaks down the biggest NFL action for Week 11; Jared Smith, sports betting analyst from Pickswise, breaks down the biggest games of the college football weekend, including those that put Ohio State and Oregon's Playoff spots on the line; Ben Stinar, NBA reporter for Fastbreak on FanNation, provides one-month-in overreactions and underreactions to some of the NBA betting lines.
Sponsored by BetMGM
LeBron James will serve his first-ever NBA suspension tonight against the New York Knicks after getting into an on-court squabble with Detroit Pistons center Isaiah Stewart. Stewart will also serve a two-game suspension for escalating the fight.
