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Just Like Ex-billionaire Kanye West, $400 Million Worth Alex Rodriguez Once Lost Millions of Dollars Because of His One Mistake

Published 10/28/2022, 9:00 AM EDT

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Being a prominent figure in American sports, Alex Rodriguez has done a business of hundreds of millions of dollars. He is inarguably the only baseball player who has been extremely successful in his post-retirement career.

But there was a time when the former Yankee suffered a massive loss in his professional career. Apart from his reputation and legacy in the game, A-Rod’s mistake cost him over $40 million during his baseball career. If given an option, one can relate A-Rod’s downfall to the current downfall of famous rapper, Kanye West.

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Alex Rodriguez admitted he lost a huge chunk because of his PEDs ban

When talking about Kanye West, the rap artist had his business partnership terminated with the sportswear brand, Adidas. And with this, his net worth has come down to $400 million from a whopping $1.5 billion.

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Although, when the MLB banned, Alex Rodriguez for a year in 2014, he did not lose that much amount, the then-Yankees slugger lost his reputation and legacy in the sport. While talking to USA Today in 2017, A-Rod reflected on the same.

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He stated, “There’s so many frustrating things when you look back at that,” Rodriguez further said, “Number one, you have a guaranteed contract for hundreds of millions of dollars. Literally, you can sit on the couch and get fat. Right? How stupid can you be?”

“This thing cost me over $40 million. And it cost me my reputation, and it may have cost me the Hall of Fame and a number of other things,” Alex concluded.

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Even after being the bad guy, How did A-Rod become successful?

One may criticize Alex Rodriguez for using PEDs, his game, or anything, but how he handled his cons and did not let it affect his post-retirement career should be an example for others. Because despite being a controversial figure, he is probably the most successful baseball player when it comes down to minting dollars.

WATCH THIS STORY: From Jennifer Lopez To Cameron Diaz; Top 5 Big Names Alex ‘A-Rod’ Rodriguez Dated With

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With a net worth of $400 million, the former Yankee is one of the wealthiest sports personalities in American sports.

What is your take on A-Rod’s being the richest baseball personality?

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Written by:

Abhishek Kumar

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Abhishek Kumar is an MLB author at EssentiallySports. After completing his Master’s degree in Journalism and Mass Communication, Abhishek has been working in the media industry since two years. Before joining EssentiallySports, he previously worked at APN News as a sub-editor, where he has written articles on sports and politics.
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Edited by:

Vibhanshu Kumar