Alex ‘A-Rod’ Rodriguez Makes Bold Prediction on Future of Sports Ownership: ‘Won’t Be Able to Buy an NFL or NBA Franchise For…’
Follow Us
Business in sports has been proving to be a gold mine for the investors. And who better than Alex ‘A-Rod’ Rodriguez to tell more about this? Notably, the New York Yankees legend has become a very successful businessperson after his illustrious stint in MLB.
With an experience of over 20-plus professional years in baseball, A-Rod certainly knows a thing or two about business in sports. Even A-Rod has been investing in various sporting ventures since his playing days.
ADVERTISEMENT
Article continues below this ad
It has been over five years since the Yankees legend retired from the game. But he is still a prominent face in baseball. Mainly known for his controversies, A-Rod is also one of the wealthiest sports personalities in the world. Recently, he discussed the future of sports ownership.
Alex ‘A-Rod’ Rodriguez believes ownership will not be easy in the next 10-15 years
With a net worth of over $350 million, A-Rod enjoys a luxurious lifestyle. But he has not earned all the money overnight. Right from the start of his professional career, he invested his income very wisely. And as a result, one can see how successful he is today.
Earlier in 2021, A-Rod, with his billionaire friend Marc Lore, bought an NBA franchise, the Minnesota Timberwolves. And it has only become bigger since then. Talking about the ownership in sports, A-Rod said that in the next 10-15 years, buying any NBA or NFL franchise will not be easy.
Trending
Shaq Makes Big Claim That Can End LeBron James’ Future With Lakers After Nuggets Series
April 17, 2024 06:48 PM EDT
Possible Shohei Ohtani Ban From MLB Has Shaq Questioning $700 Million Contract
April 16, 2024 05:20 PM EDT
Is Dawn Staley Married? Details on South Carolina Coach’s Love Life and Special Bond With Lisa Boyer
March 16, 2024 06:41 PM EDT
Why Is Gabbie Marshall Not Invited to the 2024 WNBA Draft Despite Graduating From Iowa?
April 13, 2024 06:21 PM EDT
Dwyane Wade’s Competitive Daughter Wouldn’t Let Mom, Gabrielle Union, End the Day Peacefully
April 19, 2024 04:38 AM EDT
Get instantly notified of the hottest NBA stories via Google! Click on Follow Us and Tap the Blue Star.
Follow Us
ADVERTISEMENT
Article continues below this ad
“I think in the next 10-15 or 20 years, you won’t be able to buy an NFL or NBA franchise for less than five billion dollars. And why? This has been driven by TV ratings,” Alex ‘A-Rod’ Rodriguez said. “Gaming is an international sport. Tremendous growth! Incredible leadership from Adam Silver and Mark Tatum… If you look at the numbers in the NBA, they have been fantastic.”
One may not like Alex Rodriguez for many unknown reasons. But he does have one of the wisest minds in the sporting world. If not, he would not have been the wealthiest person in baseball.
ADVERTISEMENT
Article continues below this ad
Do you agree with A-Rod’s prediction about ownership in sports?
WATCH THIS STORY: New York Yankees Star Aaron Judge’s Impressive Workout Routine