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$350 Million Man Alex Rodriguez Talks About “Most Exciting Bet” of His Life, and How He Can Improve It

Published 04/26/2023, 11:00 AM EDT

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MLB great Alex Rodriguez has continued to bet on himself since before giving over two decades of his life to baseball. Now, the former Yankee has a storied career full of countless accolades to his name and a big enough name in the sports and business world. However, Alex still hasn’t stopped betting on himself despite having a monstrous net worth of $350 million. And from the looks of it, the business tycoon will probably never stop either. 

Alex Rodriguez recently appeared on an episode of the podcast Class 30. There, A-Rod talked about multiple things, including the biggest bet in his life and how can he improve it even more. 

What did Alex Rodriguez say about the “biggest bet” of his life?

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With the help of one of his mentors, Warren Buffett, A-Rod, has learned to stay in his lane, really understand it, and be better at it. Now when the host of Club 30 asked Rodriguez about what scratches the itch in his life, the former World Series Champ talked about the biggest bet of his life. 

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“My biggest bet, my most exciting bet, besides being a New York Yankee and a father, is being co-owners with my partners with the Timberwolves, and how we can drive that,” said the $350 million worth baseball legend. He also added, “Now in the ecosystem of sports, sports is just the small fraction of that, you have real estate, you have entertainment, you have media, you have arena, and you have 29 other great partners in other markets.” 

NBA’s Timberwolves have clinched the playoff berth for the second time in a row under A-Rod’s leadership. It is indeed a mega achievement, and needless to say, the former Yankee is happy about it. However, Alex buying the Timberwolves with billionaire Marc Lore wouldn’t have been possible if it wasn’t for his failed deal with the MLB franchise New York Mets. 

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Alex wanted to be a sports team owner!

Being a baseball player for over two decades, the first choice of A-Rod was to completely turn around the baseball world. Hence, he tried to buy the New York Mets, the team he grew up rooting for. The 14x All-Star was doing it with Marc Lore, and his ex-fiancee pop icon Jennifer Lopez. However, together, the three of them could not stand up to the $2.4 billion offered by the current owner of the Mets’ Steve Cohen. Hence, the ball got dropped out of the court. 

Watch this Story: 3 major traits see Alex Rodriguez show gratitude to his father despite being suddenly abandoned when he was 10 years old 

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But Alex wasn’t going to stop, and he went ahead and bought stakes in NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx. 

But what do you think should Alex Rodriguez focus on next? Let us know in the comments below!

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Written by:

Rakshita Madan

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Rakshita Madan is an MLB writer at EssentiallySports, with a prolific portfolio of over 1000 articles to her credit. Rakshita's admiration for the legendary Derek Jeter is well known, but she never lets her personal biases affect her writing. She is particularly intrigued by the twists and turns of the game, and it is this aspect that keeps her hooked on the sport.
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Edited by:

Akash Pandhare