Alex Rodriguez is one of the biggest earners in sports history. Alex made his true marks as the third baseman for the New York Yankees where he was one of the most recognizable players of his generation. Even though his playing days have ended he still finds ways to stay in the public’s eye and most importantly their wallets.
Alex Rodriguez’s Net Worth as of 2018: $480 Million
How did a little kid who grew up with so little turn into a multi-millionaire?
Alex was born in New York City but moved to Miami when he was just 4 years old. He grew up with very little money so he had to work a lot growing up. Alex was a born athlete, he was All-State in Football, Basketball and of course Baseball! So of course colleges came crawling for his services. This marked the toughest decision of his young life, what sport would he pursue professionally? He chose Baseball or at least Baseball chose him.
Alex was drafted #1 overall by the Seattle Mariners in the MLB Draft. He signed a 3-year deal worth $1.3 million also with a $1 million signing bonus. Not too bad for a 17-year kid.
A-Rod had positioned himself as one of the top players in baseball finishing 2nd in the MVP voting in only his 2nd full season as Shortstop for the Mariners. He also signed a 3 year $10 million extension.
Alex is now considered by many the best hitter if not the best overall player in baseball at this point and he is hitting free agency for the first time. The Texas Rangers won the A-Rod sweepstakes inking him to a 10 year $252 million deal. This was the largest contract ever at the time, paying Alex $63 million more than the 2nd highest paid player.
Alex is traded to the New York Yankees. The highest paid player is now in the biggest market in the country. Sounds like a match made in heaven. Texas unloaded most of the salary but agreed to pay $68 million of the remaining $125 million
Alex opts out of his mega deal to make EVEN MORE MONEY. On November 15th, 2007, A-Rod agreed to re-sign with the Yankees for an unfathomable 10 years $275-million contract.
Alex retires from baseball as one of the best players to ever put on a uniform. He is also the highest paid baseball player of all time by over $150 million dollars. Alex also tried his hand at broadcasting when FOX brought him in to do color commentary for some postseason games.
A-Rod is also an analyst for FOX, working for their various MLB shows throughout the season and postseason. Alex teamed up with former rival David Ortiz to add to the Fox MLB Pregame Show. These two former stars brought in the energy and charisma missing in years past. Making them must-see TV during the entire 2017 MLB postseason coverage. I wouldn’t be shocked if the 2 of them got their own show one day.
A-Rod has been rumored to be a candidate for a job that he compared to the President of the United States, manager of the New York Yankees. Alex addressed these rumors, denying any interest for the position but he also left us with a new rumor to play with. Alex is quoted saying “I’ve always thought about one-day ownership could be interesting.”
First Jeter buys the Marlins and now A-Rod wants to own a team!? That could be a lot of fun! He is also currently a special advisor to Yankees Owner, Hal Steinbrenner. A role he’s been in since 2016.
Outside of baseball, A-Rod has found plenty of other ways to invest his time and money. Alex founded A-Rod Corp in 2003 as a way to maximize his profits from baseball. The company identifies, originates and manages investments across a broad array of industries, including fitness, real estate, media, and entertainment. ARod Corp is one of the fastest growing investment firms in the country. Alex even made a guest on the hit show Shark Tank.
Oh, wait! Did I mention he’s dating Jennifer Lopez!? Which just adds to his fame and popularity, just look at him!
A-Rod is living his best life right now!
Alex Rodriguez visits Michigan State and meets with Michigan State coach Mark Dantonio.