Former MLB star Alex Rodriguez is set to host a CNBC reality show, Back in the Game, according to Alex Weprin of Politico.
On the show—which includes former NFL player Michael Strahan as an executive producer—ex-athletes in dire financial straits will be paired with “money-savvy mentors who can help them get back on their feet.” These advisors may help the athletes launch a second career or pursue a new business opportunity.
Finances likely won’t ever be an issue for Rodriguez, who signed a 10-year, $252 million deal with the Texas Rangers in 2000, though he opted out of that agreement in 2007 to sign a 10-year, $275 million contract with the New York Yankees that year.
And the money is still coming in from that Rangers deal, per SI.com:
Although the Yankees will not be responsible for his checks after 2017, he will still be getting paid by the Rangers. At the time he was traded, he was to receive $36 million in deferred money from that record deal. That was converted to an assignment bonus, which has racked up two percent in interest every year. He will continue to get paid by the Rangers until June 15, 2025.
The Yankees are also on the hook for the $21 million Rodriguez is owed on the final year of his deal with the team.
Rodriguez, 41, had one of the most polarizing careers in MLB history. He was an electrifying talent and hit 696 career home runs in his career, fourth in MLB history, but he also was suspended for the entirety of the 2014 season after testing positive for performance-enhancing drugs. He also admitted to using PEDs in 2009.
In his post-baseball career, Rodriguez has shown a natural knack for television and was a big hit on Fox’s postseason coverage. Ben Reiter of SI.com noted: “The hyper-prepared Rodriguez has exhibited his singular baseball mind by providing analysis that is both nuanced and well formulated.”
While Rodriguez won’t be breaking down baseball games for CNBC, it’s become clear he has a future in television.
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