A-Rod’s involvement in the $375 million deal, which could close within weeks, would make the athlete-turned-entrepreneur an unlikely financial savior for Trump.
Former New York Yankees slugger Alex Rodriguez, once vilified by Donald Trump as a “druggie” and “joke” unworthy of wearing the pinstripes, is now a key part of an investment group seeking to buy the rights to the ex-president’s marquee Washington, D.C., hotel, people familiar with the deal told The Associated Press.
But the Trump International Hotel in Washington may not be such a bargain. If the deal is finalized at the currently offered price of $375 million, much higher than experts expected, it could allow Trump to emerge with a profit after losing tens of millions of dollars on the hotel even as it became a magnet for lobbyists, diplomats and GOP supporters.
Trump has also tweeted about A-Rod dozens of times, mostly in a span from 2011 to 2013 prior to Major League Baseball suspending Rodriguez for the entire 2014 season for use and possession of prohibited performance-enhancing substances, including testosterone and human growth hormone, and attempting to obstruct MLB’s investigation.
the 14-time All-Star in the early days of the pandemic in 2020 for advice on how to handle the coronavirus.campaign ad
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alex Rodriguez, Once Scorned By Trump, In Group Buying His D.C. HotelThe $375 million deal, which could close within weeks, would make the athlete-turned-entrepreneur an unlikely financial savior for the ex-president.
Read more »
Accounting firm: Trump financial statements aren’t reliableThe accounting firm that prepared former President Donald Trump’s annual financial statements says the documents “should no longer be relied upon” after New York’s attorney general said they regularly misstated the value of assets.
Read more »
Accounting firm: Trump financial statements aren't reliableNEW YORK (AP) — The accounting firm that prepared former President Donald Trump’s annual financial statements says the documents, used to secure lucrative loans and burnish Trump's image as a wealthy businessman, “should no longer be relied upon” after New York's attorney general said they regularly misstated the value of assets.
Read more »
Trump Org accounting firm says years of financial statements are unreliable.NicolleDWallace: According to a new court filing by NY AG James's office, the Trump Organization's accounting firm now says nearly a decade's worth of financial statements can no longer be relied upon and they cannot represent Donald Trump anymore.
Read more »
Trump may bypass big names Mandel, Vance in Ohio race for unknown DolanThough Dolan might not be his first pick, other GOP candidates have fallen out of Trump's good graces, leaving his future endorsement up in the air.
Read more »