Alex Rodriguez, a BASEBALL legend, has invested $30MILLION into MMA promotion Professional Fighters League.
PFL is MMA’s only league format. It consists of a regular-season and a playoff with a $1million cash prize.
Rodriquez, a well-known fight fan and winner of the 2009 World Series, is familiar with this setup.
Jennifer Lopez's ex-husband is also a businessman. He owns A-Rod Corps, an investment firm.
Rodriquez has recently given his backing to PFL and the American has been appointed to their Board of Directors.
Rodriquez, 46 years old, stated that he loves the international reach of MMA.
READ MORE IN THE SPORT
"The PFL continues building and innovating for fighters, media and fans. There is a huge market demand."
There are eight divisions in the PFL, with fighters fighting it out in regular series bouts.
Points are calculated based on the outcome and the method of victory to determine who qualifies for the playoffs.
This consists of a quarter-final round and semi-final rounds in one night. The winner advances to the championship final.
FREE BETTING AND SIGN-UP DEALS - THE BEST NEW CUSTOMER OFFERINGSThe $1m life-changing cheque and the championship belt are up for grabs.
Rodriquez's funding makes the PFL now worth $500million. This marks Rodriquez’s next step in post-retirement investing.
Don Davis, owner of PFL, stated that Alex is building a career in sports business that will be equal to his baseball career.
