Home

MLB

“He’s Got a Great Brand”- $350 Million Man Alex Rodriguez Revealed How He Helped an Iconic Boxer Struggling With Financial Trouble in 2019

Published 02/04/2023, 1:50 PM EST

Follow Us

via Getty

Since retiring from baseball, Alex Rodriguez has gotten involved in a variety of different ventures. He has stepped into the world of business and investing, successfully building a career after baseball. Furthermore, he has invested wisely, making sure to protect and grow the fortune he earned as an MLB star. And thanks to his wise investments, the former New York Yankees star is now worth a reported $350 million.

A-Rod is one of the few baseball stars that have managed to do so well with their finances after retiring. He has picked up a lot of knowledge and experience in business over the years. He once put that knowledge to work by helping a legendary boxer who was struggling financially.

Alex Rodriguez once helped legendary boxer Evander Holyfield through financial troubles

ADVERTISEMENT

Article continues below this ad

Alex Rodriguez once did a show called “Back in the Game”. The series followed Rodriguez as he helped entertainers and former athletes get back on their feet financially. While doing an interview with CNBC in 2019, A-Rod explained how he helped legendary boxer, Evander Holyfield, through financial troubles. He helped Holyfield utilize his great brand and put it to better use.

Trending

Get instantly notified of the hottest MLB stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

During the interview, Rodriguez said, “He’s got a great brand. But instead of doing fire extinguisher or barbeque sauce, you really get his brand, that’s still pretty solid and genuine. In today’s world, you win by being truthful and genuine. He’s both. So, we got him into some protein, we got him back into GNC. And get him where his superpower and his brand can actually bring value.”

ADVERTISEMENT

Article continues below this ad

This shows how much A-Rod cares about other people and puts his full business experience on display. People may wonder how the former MLB star has been so successful and how he invested. A-Rod has actually done a lot of investing in real estate that has paid off. In fact, he once mentioned that he had regrets about not investing more in real estate. But A-Rod was always determined to succeed in business and had a very strong motivator.

A-Rod was motivated by fear!

Alex Rodriguez was motivated to succeed in business due to fear. In a 2021 interview with CNBC, Rodriguez said, “For me, it was simple, it was fear. I did not want to be another unfortunate negative statistic of athletes and entertainers that get into financial issues once they retire.”

ADVERTISEMENT

Article continues below this ad

Watch this story: From Alex Rodriguez to Derek Jeter: Here are the top 5 richest MLB players of all time

This was the ultimate driving force that pushed A-Rod to become the best businessman he could be. Furthermore, he wanted to learn how to properly manage and invest his money. That is what led to attending courses and learning from as many mentors as possible. What do you think of the steps that Alex Rodriguez took to help Evander Holyfield financially? Please share your thoughts in the comments below!

SHARE THIS ARTICLE :

Written by:

Pranay Mukherjee

1,202Articles

One take at a time

Pranay Mukherjee is an MLB author at EssentiallySports. On completing his Bachelor’s in Mass Communication, he followed his passion for writing and started working as a content writer. His passion for sports has led him to sports journalism.
Show More>

Edited by:

Abhishek Kumar