
The Deal with Alex Rodriguez and Jason Kelly
When sports, business and culture collide, there’s often a deal to be made. Join Alex Rodriguez and Bloomberg correspondent Jason Kelly as they get the inside track from corporate titans, sports champions and game-changing entrepreneurs on investing, strategy, reinvention and the ones that got away. The Deal is a Bloomberg Podcasts and Bloomberg Originals series that’s passionate, relaxed, insightful and inspirational. If you think you know these icons, prepare to be surprised.
Hosts:
Alex Rodriguez is chairman and chief executive of A-Rod Corp, an investment firm that backs startups and partners with global companies across real estate, sports and entertainment. While best known as a fourteen-time All-Star and World Series champion with the New York Yankees, Rodriguez is now an owner of the Minnesota Timberwolves and Minnesota Lynx sports teams and an on-air analyst for Major League Baseball.
Jason Kelly is the chief correspondent of Bloomberg Originals. During his two decades at Bloomberg, Kelly has served as executive editor of Bloomberg Television, hosted Bloomberg Businessweek on television and radio, and also hosted Power Players and Next in Sports series. He’s also the author of two books, The New Tycoons, about the global private equity industry, and Sweat Equity, an inside look at the business of fitness.
Latest episodes

May 29, 2025 • 48min
Inside the Commanders DC Deal with Owner Josh Harris
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with Washington Commanders Owner Josh Harris about how he was able to bring the team back to the RFK Stadium in Washington, D.C. In this conversation, Harris tells the hosts how he was also able to negotiate a deal with Comcast for the Philadelphia 76ers’ new arena, why his team was able to perform so much better on the NFL Players Association report card this year, and what he’s learned from owning teams in different markets. See omnystudio.com/listener for privacy information.

May 22, 2025 • 47min
Mellody Hobson's Game-Changing Investment in Women's Sports
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with Mellody Hobson, co-CEO and president of Ariel Investments, about her firm’s newly launched fund, “Project Level,” devoted to investing in women’s sports. In this conversation, which was taped in front of an audience at Bloomberg’s Invest conference, Hobson tells the hosts why she decided to personally invest in the Chicago White Sox and the Denver Broncos, how F1 racer Lewis Hamilton taught her to speak more positively to herself and what she learned from a specific seat at the table of the Starbucks Board of Directors.See omnystudio.com/listener for privacy information.

May 15, 2025 • 25min
Why College Sports Will Never Be the Same, With Georgia Tech's J Batt
In this episode of The Deal, Alex Rodriguez and Jason Kelly sit down with Georgia Tech Athletics Director J Batt to discuss the current upheaval in college athletics. In their conversation, taped in front of a live audience during March Madness, Batt explains how his athletics department is helping students navigate new rules around “name, image and likeness,” the transfer portal and potential revenue-sharing opportunities. See omnystudio.com/listener for privacy information.

May 8, 2025 • 42min
How McLaren’s Zak Brown Wins with a Pair of Rivals
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk about McLaren Racing’s success at the Miami Grand Prix, with Oscar Piastri and Lando Norris finishing first and second on the podium. Then, they speak with Zak Brown about how McLaren Racing came back from the brink of bankruptcy to be a winning team. Brown tells the hosts how he and his drivers deal with media scrutiny, why Netflix and Brad Pitt are crucial to Formula One’s growth, and he turns the tables for a lightning round of questions for A-Rod. You can also watch this interview on the Bloomberg Podcasts YouTube page.See omnystudio.com/listener for privacy information.

May 1, 2025 • 35min
How Jennifer Epstein Leveraged Celtics into Soccer, Plus a Miami GP Preview
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk about the new Washington Commanders stadium deal and the upcoming Miami Grand Prix. Then, they speak with Jennifer Epstein about what it’s like to build a team from scratch with the NWSL’s latest expansion team: Boston Legacy FC. Epstein tells the hosts what she learned from her family’s ownership of the Boston Celtics, how she’s inspired by the passion of Boston sports fans, and why it’s too early to take a victory lap celebrating her investment in the NWSL. You can also watch this interview on the Bloomberg Podcasts YouTube page. See omnystudio.com/listener for privacy information.

Apr 24, 2025 • 34min
NFL CFO Christine Dorfler on the Draft, and Alex's NBA Playoff Report
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk about the potential #1 pick in the NFL draft and Alex's report from sitting court-side in LA at a star-studded Timberwolves/Lakers Game 1 of the NBA playoffs. Then, they speak with Christine Dorfler about how she’s rising to the economy’s challenges as the NFL’s chief financial officer. Dorfler tells the hosts how a recession could affect the NFL’s media deal, why she sees so much potential in introducing private equity into team investments, and what she learned about resilience from being a military intelligence officer in the Army. You can also watch this interview on the Bloomberg Podcasts YouTube page. See omnystudio.com/listener for privacy information.

Apr 17, 2025 • 45min
ESPN’s Richard Jefferson on Money Mistakes, Plus McIlroy’s Miracle Masters Win
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk about Rory McIlroy’s historic win at the 2025 Masters at Augusta National. Then, they speak with Richard Jefferson about how he made the transition from NBA star forward to ESPN analyst. Jefferson tells the hosts why work ethic is important to him, the lessons he learned from being robbed by his former manager, and why he’s never been more nervous than at the 2004 slam dunk contest with Amar'e Stoudemire. You can also watch this interview on the Bloomberg Podcasts YouTube page. See omnystudio.com/listener for privacy information.

Apr 10, 2025 • 41min
Jessica Berman on the NWSL’s Good Vibes, Plus Ovechkin and UConn Make History
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk about two big records: Alex Ovechkin topping Wayne Gretzky’s legendary scoring record in the NHL, and Geno Auriemma’s 12th NCAA Women’s Basketball Championship win as coach at the University of Connecticut. Then, they speak with Jessica Berman about how she has helped revolutionize the National Women’s Soccer League for the last three years as commissioner. Berman tells the hosts why the NWSL decided to get rid of the draft, how she’s making the most of her media rights deal with Amazon, ESPN, CBS, and Scripps ION, and whether she thinks expansion teams are getting too expensive too fast. You can also watch this interview on the Bloomberg Podcasts YouTube page. See omnystudio.com/listener for privacy information.

Apr 3, 2025 • 44min
Tom Garfinkel on Miami's Sports and Entertainment Boom
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk about Major League Baseball’s opening weekend and the new torpedo bat everyone is talking about. Then, they speak with Tom Garfinkel about the business empire he leads as President and CEO of the Miami Dolphins and Hard Rock Stadium. Garfinkel tells the hosts why his partnership with Dolphins owner, Stephen Ross, is so special, how he was able to negotiate a 10-year deal to bring Formula 1 racing to his stadium, and how his work is impacting the city of Miami. You can also watch this interview on the Bloomberg Podcasts YouTube page. See omnystudio.com/listener for privacy information.

Mar 27, 2025 • 46min
Why Entrepreneur Mike Repole Wants Young People to Learn Grit
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with Mike Repole about how he built two beverage empires with Vitamin Water and BodyArmor. Repole tells the hosts why it’s important for him to share equity with everyone at his company, how he worked with huge investors like Kobe Bryant and Tom Brady, and why he thinks it’s important for entrepreneurs to fail.See omnystudio.com/listener for privacy information.