How The Highest Paid Baseball Star Got Himself Richer | (A-Rod) Ep. 688

A-Rod (aka Alex Rodriguez) is a 3x MVP, 14-time All-Star, and World Series champion. As of 2016, he was the highest-paid player in major league baseball history. After 23 years in the game, he’s an investor and business mentor preaching the gospel of financial literacy for all.

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Full show notes can be found here: https://jordanharbinger.com/688

What We Discuss with A-Rod:
0:00 - Intro
0:06 - Where ARod learned to be business savvy
3:50 - 87% of athletes go bankrupt after leaving the league
11:30 - Growing up as a poor tenant made ARod a compassionate landlord
17:05 - ARod's mom negotiated his first baseball contract
21:09 - ARod's absent dad called to congratulate him when he signed with the MLB
24:32 - Staying motivated with no support from family
29:57 - Breakfast club with his daughters (building a BS detector)
32:05 - Experimenting with a lefty batting stance
36:24 - Dealing with the vicious news cycle
40:22 - ARod's relationship with Madonna
43:00 - Why ARod loves Jewish families
49:10 - 10 hour therapy sessions

Even when you’re the highest-paid player in major league baseball history with accolades galore, there’s no guarantee your post-game life will proceed with comparable success. In fact, 78% of former NFL players, 60% of former NBA players, and a similarly high percentage of MLB players go broke within just a few years of retiring. But after 23 years of playing professional baseball, A-Rod (aka Alex Rodriguez) wasn’t about to let his story end at chapter 11.

On this episode, Alex joins us to discuss how mentors like Magic Johnson and Warren Buffett have kept him on the right path, what helping his single mother hide money in a mattress when he was a kid taught him about the importance of financial literacy (and why it should be part of our basic educational curriculum), how a “Breakfast Club” keeps Alex’s relationship with his daughters real, what he’s taken away from years of therapy, and much more. Listen, learn, and enjoy!

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