
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 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.

Mar 20, 2025 • 35min
How Yankees Assistant GM Jean Afterman Changed Baseball for Japanese Players
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with the New York Yankees’ Assistant General Manager, Jean Afterman. Afterman explains how she helped change the game by helping to introduce Japanese players to the MLB, what she learned from legendary Yankees owner, George Steinbrenner, and the advice her mother gave her to start off every negotiation on the strongest foot.See omnystudio.com/listener for privacy information.

Mar 13, 2025 • 45min
How Mike McCarley is Revolutionizing Golf with TGL
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with Mike McCarley about how he built TMRW Sports and the TGL (Tomorrow’s Golf League). McCarley explains the pitch that got legendary golfer Tiger Woods on board, how his team navigated setbacks and delays in launching the league for its inaugural season, and where TGL is already looking to expand.See omnystudio.com/listener for privacy information.

Mar 6, 2025 • 34min
Why Volleyball is the Next Big Pro Sports League, with Katlyn Gao
In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with Katlyn Gao about how she founded a whole new women's professional sports league: League One Volleyball. Gao tells the hosts why LOVB chose their six inaugural team markets, how she got investors like Jayson Tatum and Candace Parker on board, and why women’s volleyball is uniquely situated to take off in the United States.See omnystudio.com/listener for privacy information.
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