LOS ANGELES — Baseball great Alex Rodriguez is getting into mixed martial arts as an investor and board member of the Professional Fighters League.
The PFL announced Thursday the addition of the former New York Yankees superstar to its board of directors.
Rodriguez’s investment is part of what the PFL says is $30 million in new funding to support its global expansion and creation of a pay-per-view superfight division. The funding round was led by Waverley Capital, the media-focused venture capital fund of investor Edgar Bronfman Jr.
The PFL has not disclosed the size of the investment made by Rodriguez, who earned more than $450 million during a playing career that ended in 2016. Since then he has worked extensively on many numerous media platforms, including as an ESPN baseball analyst, and he is a prolific investor.
Rodriguez owns a minority stake in the Minnesota Timberwolves of the NBA and the Minnesota Lynx of the WNBA with partner Marc Lore. His company has invested in dozens of businesses, including the UFC Gym personal fitness arm of the UFC.
“I love the global reach of MMA,” Rodriguez said in a statement. “The PFL continues to build and innovate for the fans, the media and the fighters, and there is massive demand in the marketplace.”
The Associated Press contributed to this report.