‘It Was the Perfect Hedge’- Alex ‘A-Rod’ Rodriguez Sheds Light on Importance of Real Estate Business for Baseball Players

Alex ‘A-Rod’ Rodriguez is one of the very few sports personalities who has a successful post-retirement career. There have been hundreds of players who have enjoyed a very successful sporting career. But not all of them are as successful as Alex Rodriguez.

Right from the start of his professional career, A-Rod almost always took the right step in his career. The New York Yankees legend is one of the greatest ever to grace the ballpark. Not even a speck of doubt about that. But his post-retirement career and some wise investments make him a successful businessman, too.

With a net worth of over $350 million, A-Rod is one of the wealthiest sports personalities in the world. From real estate to multiple sporting ventures, he has invested millions of dollars in different businesses.

Alex ‘A-Rod’ Rodriguez started investing in real estate in his early 20s

If Alex ‘A-Rod’ Rodriguez is one of the wealthiest sports personalities in the world, he has not achieved it overnight. Growing up in a middle-class family with a single parent, A-rod has worked very hard to get there. His journey from the streets of Miami to the Bronx has not been easy.

OAKLAND, CALIFORNIA – AUGUST 29: Broadcaster and former MLB player Alex Rodriguez looks on from the field before the game between the Oakland Athletics and the New York Yankees at RingCentral Coliseum on August 29, 2021 in Oakland, California. (Photo by Lachlan Cunningham/Getty Images)

In an old interview with GQ Sports, A-Rod revealed he started investing in real estate in his early 20s. He thought of real estate because it is a cash flow business. The MLB legend said it was the perfect hedge toward his baseball career.

Read more: Alex ‘A-Rod’ Rodriguez Credits Steve Cohen for Making New York Mets a Super Team in MLB

“So, I started investing in real estate when I was really young,” A-Rod said. “I started in my early 20s and I thought of real estate because it’s a cash flow business. It was the perfect hedge toward a baseball career.”

A-Rod believes athletes make the most money between 20-30 years of age

While talking about his love for real estate, A-Rod also said that if athletes cross the 30-years age limit, they might not earn more money. 

“… Because you make most of your money from age 20 to 30 and then athletes get in trouble from age 31 to 80. Because there is no income and then they get to really tap into all their savings. So real estate can feed you from 31 to 80,” A-Rod added.

That was probably the main reason he started investing in real estate in his 20s. As a result, one can see how successful he is, even after his retirement.

The post ‘It Was the Perfect Hedge’- Alex ‘A-Rod’ Rodriguez Sheds Light on Importance of Real Estate Business for Baseball Players appeared first on EssentiallySports.