Added punch: A-Rod joins PFL as investor, exec
8: 17 AM ET
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LOS ANGELES — Baseball gargantuan Alex Rodriguez is taking a swing at blended martial arts as an investor and board member for the Respectable Opponents League.
The PFL announced the addition of the dilapidated Fresh York Yankees massive title to its board of administrators Thursday.
Rodriguez’s funding is segment of what the PFL says is $30 million in glossy funding to aid its worldwide expansion and the institution of a pay-per-gaze superfight division. The funding spherical became as soon as led by Waverley Capital, investor Edgar Bronfman Jr.’s media-centered enterprise capital fund.
The PFL didn’t characterize the dimensions of the funding made by Rodriguez, who made more than $450 million at some level of a playing profession that resulted in 2016. He has since labored widely on rather about a media platforms, in conjunction with as an ESPN baseball analyst, and he is a prolific investor.
Rodriguez has a minority ownership stake in the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx along with partner Marc Lore. His company has made investments in dozens of corporations, in conjunction with the UFC Gymnasium deepest health arm of the UFC.
“I cherish the worldwide reach of MMA,” Rodriguez acknowledged in an announcement. “The PFL continues to make and innovate for followers, media and fighters, and there is extremely massive assign a query to available in the market.”
The Associated Press contributed to this explain.