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Alex Rodriguez files to raise US$500 million in Slam Corp SPAC - Article bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Retired Yankees slugger Alex Rodriguez wants to raise $500 million with new business
Updated Feb 04, 2021;
Posted Feb 04, 2021
FILE - In this July 11, 2017, file photo, former Major League Baseball player Alex Rodriguez reports from the field during the MLB baseball All-Star Game in Miami. Rodriguez, among four groups of bidders for a possible purchase of the New York Mets, called for baseball players to accept the type of revenue-sharing system that is tied to a salary cap and sparked quick opposition from the union. (AP Photo/Lynne Sladky, File)AP
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A-Rod hopes his latest venture isn’t a bust.
Retired Yankees slugger Alex Rodriguez hopes Slam Corp can raise $500 million in its initial public offering. Rodriguez is the primary backer of the firm, alongside hedge fund Antara Capital.