Alex Rodriguez Addresses ‘Crazy Rumors’ About His Investments | CNBC

In an interview with CNBC, former professional baseball player Alex Rodriguez dismissed rumors about his investment activities, calling them “crazy.” Rodriguez, who is now a successful entrepreneur and investor, addressed various speculations surrounding his business ventures and financial decisions. He clarified that he has always focused on making smart investments and building long-term wealth. Rodriguez highlighted his partnership with billionaire Marc Lore to purchase the Minnesota Timberwolves NBA team, emphasizing their commitment to diversifying ownership in professional sports. Additionally, he discussed his involvement in the real estate market, stating that he aims to provide affordable housing options and create value in communities. Rodriguez concluded by emphasizing the importance of doing thorough due diligence before making any investment and urged the public to look beyond the rumors and judge him based on his actions and track record.