*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).
Every few years, the Olympics roll around to prove that, yes, the world’s best athletes can jump farther, swim faster, and generally crush records that would’ve been impossible just a few decades ago. Take ski jumping - the world record has increased by well over 200 meters in fewer than 100 years. Responsible for this is a lot of intentional engineering of equipment and hills, but perhaps the biggest change is thanks to one act of human daring. Watch to find out how!
Add FIFA to the list of organizations announcing a break with Russia. The world soccer authority has suspended the nation from competing in the 2022 World Cup tournament, while the NHL also announced suspending business relations with Russia. Executive editor and senior writer at Sports Illustrated, Jon Wertheim, joined Cheddar News to discuss the rebukes. "I think a big element of this is, this is a way to really hit at Putin because we know how much this appearance of strength and the victory… often portrayed through sports, how much that means to him," he said. "This will bother him in a way that it might not bother other world leaders."
The Winter Olympics is slowly winding down with a lot of competition left. Boston Globe Reporter Nicole Yang, joined Cheddar to discuss more on what we can expect to see and some of the hiccups surrounding the games this year.
Rohit Ponnaiya, betting analysts for Covers.com, discusses the impact Juwan Howard's suspension will have on Michigan and dishes out his picks for Thursday's top college hoops contests.
Ryan Cochran-Siegl earned his silver medal 50 years after his mother won gold in the 1972 Olympic games. Coming in a close second in the men's Super-G, he was the first American skier to snag a medal at the Beijing games this year. J.D. Durkin sat down with Ryan to discuss the highlights from the games, his road to the Olympics, and how he's gearing up for his next shot at gold.
Ben Wittenstein, podcast host for Stadium, joins Cheddar Bets to break down his favorite win total bets for the last quarter of the NBA season. Ben also plays a round of Pick 6.
Sponsored by BetMGM
Today, Apolo Ohno is much more than a former Olympian. He's an entrepreneur, sports analyst, speaker, and New York Times bestseller. His latest book, 'Hard Pivot,' is a guide for any person learning to adapt or wanting to reinvent themselves, just as Ohno did over a decade ago. Ohno joins Cheddar News to discuss.
