Owners/Sport
Alex Rodriguez
Alex Rodriguez, 51, is a former baseball star who invests his playing earnings through A-Rod Corp; Forbes gives no net worth for him. He has been co-owner of record of the Minnesota Timberwolves with Marc Lore since June 2025, and governor of the WNBA's Lynx.
The businesses in detail
| Company | What it does | Size | Role and stake |
|---|---|---|---|
| A-Rod Corp | Invests his money in property, start-ups, consumer brands, sports and media | Company says: over $1B of property acquired, over 15 million sq ft developed, stakes in more than 40 companies; 18 staff listed | Chairman and chief executive; formed 1995 per its own timeline; stake not stated |
| Monument Capital Management | Raises funds to buy and manage apartment blocks for middle-income renters | Company says: over $1B of assets acquired through five funds and joint ventures | Co-founder (2012) |
| Newport Property Construction | Contractor that renovates apartment complexes | Company says: over $1.5B of projects, more than 16,000 apartments | Co-founder (2008 or 2009; its site gives both) |
| Slam Corp | Blank-cheque company: a listed shell created to merge with a private firm | $500M raised on Nasdaq in 2021, per the company timeline. Its planned merger with Lynk Global was called off in July 2025 | Chief executive; formed with hedge fund Antara Capital |
How the main business makes money. Nearly every figure here comes from A-Rod Corp's own website and is not independently confirmed. The capital came from two baseball contracts: $252M with the Texas Rangers (2000) and $275M with the New York Yankees (2007). The core is apartments. Monument raises money from investors, buys apartment blocks, and earns fees plus a share of the gains. Newport is paid to renovate them.
Biggest deals.
- 2014: sold a Texas Mercedes-Benz dealership, awarded in 2004, to a listed company. Price not found.
- 2018: Monument's first fund closed after returning 30% a year net, per the company.
- 2020: joined CGI Merchant Group's $650M hotel fund, which in 2022 bought the former Trump hotel in Washington.
- 2021-2025: bought the Timberwolves and Lynx with Lore at a $1.5B valuation. His own outlay was not found.
- July 2025: Slam Corp and satellite firm Lynk Global ended their planned merger by mutual agreement. Slam had sued Lynk in a Delaware court in June; the claims were settled.
Career path
- 1995
A-Rod Corp formed, per the company timeline
- 2000
Signs a 10-year, $252M contract with the Texas Rangers
- 2007
Signs a 10-year, $275M contract with the New York Yankees
- 2012
Co-founds Monument Capital Management
- 2015
Joins Fox Sports as a baseball analyst
- 2020
Bids unsuccessfully for the New York Mets with Lore and Jennifer Lopez
- 2021
Signs to buy the Timberwolves and Lynx; launches venture firm VCP with Lore
- 2025
NBA approves the purchase on 24 June; becomes co-chairman and Lynx governor
- 2026
Says he will raise his stake under the pending sale of control to Marc Stad
Teams and sports assets
Owns now 9
- teamMinnesota TimberwolvesNBA · basketball · USSince 2021 · not disclosed; to rise under the pending Stad deal · $1.5B valuation with the Lynx
- teamMinnesota LynxWNBA · basketball · USSince 2021 · not disclosed; Lynx governor · Included in the $1.5B valuation
- teamIowa WolvesG League · basketball · USSince 2021 · not disclosed · Included in the $1.5B valuation
- sports businessT-Wolves Gamingesports · USSince 2021 · not disclosed · Included in the $1.5B valuation
- league stakeProfessional Fighters LeaguePFL · mixed martial arts · USSince 2022 · investor and board member · not found
- sports businessBlue Crow Sports Group (stakes in CD Leganés, Cancún FC, Rainbow Sports Global)football (soccer) · multipleinvestor · not found
- sports businessNRG Esportsesports · USSince 2016 · early investor · not found
- sports businessJumpticketing software · USSince 2025 · co-founder with Marc Lore · Raised $23M in August 2025
- sports businessUFC Gym, South Florida development rightsfitness · USSince 2017 · development rights for Miami-Dade and South Florida · not found
Other investments and assets
- Companies and funds: His company lists stakes in Vita Coco, Hims & Hers, Acorns, Oura, OpenAI and Wonder, among others. Amounts are not published.
- Property: Per his company: a partnership with Stonehenge NYC, which owns and manages 2,800 New York apartments. Also Grand Station, a 300-unit Miami tower.
- Family in the business: None listed.
Giving and politics
- No gifts, foundation or political donations were found in the research for this report.
How they run their teams
- Lore is governor of record; Rodriguez is co-chairman, Lynx governor and Timberwolves alternate governor.
- By Lore's account, the two take big decisions jointly.
- Under the pending Stad deal, Rodriguez would raise his stake and become the second-largest shareholder. He is to be the public face.
What they have said
- His idea of ownership owes much to late Yankees owner George Steinbrenner's focus on winning.
- He and Lore have a plan to keep the team a contender under NBA salary rules.
- The team is far more than a hobby; it is the most important thing in his life after his family.
- He is raising his investment; Lore is stepping back to focus on his company.
- With Stad and Lore, he said the deal develops an existing partnership and that titles are the priority.
Little-known facts
- A-Rod Corp's own timeline dates the company to 1995, five years before his $252M Rangers contract.
- He has been a guest lecturer at Stanford Graduate School of Business since about 2019.
- His company's site dates his Presidente beer chairmanship 2020 to 2023, though Wikipedia still calls him chairman.
Quick answers
What is Alex Rodriguez's net worth?
There is no published Forbes or Bloomberg estimate of Alex Rodriguez's net worth.
What NBA team does Alex Rodriguez own?
He has been co-owner of record of the Minnesota Timberwolves with Marc Lore since June 2025, and governor of the WNBA's Lynx. Forbes values the Minnesota Timberwolves at $4.18B (October 2026).
Where does Alex Rodriguez's money come from?
Alex Rodriguez, 51, is a former baseball star who invests his playing earnings through A-Rod Corp; Forbes gives no net worth for him.
How old is Alex Rodriguez?
Alex Rodriguez is 51, born on 27 July 1975.
What other teams does Alex Rodriguez own?
Besides the Timberwolves, Alex Rodriguez's current team holdings include Minnesota Lynx and Iowa Wolves.
Open questions
- Net worth: not found.
- His Timberwolves percentage and what he paid: not disclosed.
- NBA approval of the Stad deal, on which his larger stake depends: not confirmed as of 28 October 2026.