Bloomberg Talks Alex Rodriguez Talks MLB's Collective Bargaining Deal & Sports Investing
Mar 4, 2026
Alex Rodriguez, former MLB superstar and three-time AL MVP turned sports investor and team owner. He discusses MLB collective bargaining progress and why baseball can be a contrarian investment. He talks about how labor noise shapes valuations and the appeal of long-term media rights. He also covers principles of sports investing and growing fan revenue.
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Alex Waxman's Transition From Goldman To Sixth Street
- Alex Rodriguez recounts Alex Waxman's background from Goldman Sachs to co-founding Sixth Street.
- Waxman ran a $30 billion fund, built Sixth Street to $100 billion AUM, and invested across major league teams.
Baseball Is A Contrarian Buy During CBA Uncertainty
- Baseball is a contrarian investment opportunity during CBA turmoil.
- Alex Rodriguez says you can buy teams at low multiples and expect CBA improvements and consolidated national rights to expand valuations.
Buy More When Labor Noise Depresses Team Multiples
- Buy when volatility pushes multiples down because increased noise creates opportunity.
- Rodriguez would invest heavier even if a labor stoppage occurred, citing cheaper four- or five-times valuations versus mid-teens in other sports.