Michael Jordan is as successful on the court as he is in the business world and he just never loses. While MJ’s success on the court is down to several factors, his financial success comes from making the right investments at the right time. However, there is one that even former MLB star Alex Rodriguez would have loved to be a part of.

In the last episode of Bloomberg Podcast, Sportradar’s Founder and CEO Carsten Koerl tells Rodriguez that Washington Wizards owner Ted Leonsis’ network within the league was a great help. Through him, Jordan, who played for the Wizards, came into contact with Korel and eventually invested in the company.

Rodriguez, himself something of an investment expert and CEO of A-Rod Corp, which is primarily active in sports, entertainment and real estate, would not have wanted to miss this opportunity. “I’m going to have a bone to pick with him (Leonsis) too, like, ‘How can you not call me about this great investment? You called Michael.'” says the ex-MLB star.

Michael Jordan invested in the sports technology company in 2015 along with Marc Cuban and Leonsis.

According to a 2015 Washington Post article, at that time the company collected data from over 325,000 live sporting events around the world. The events ranged from darts to tennis, football to snooker and many more.

Since then, Jordan’s involvement with Koerl’s sports technology company has increased. In fact, the Chicago Bulls legend joined the company’s board as a special advisor in 2021 when the company went public at an $8 billion valuation.

When Michael Jordan became Carsten Koerl’s “cheerleader”

During his earlier discussion on the Bloomberg Podcast, the founder and CEO of Sports radar revealed a case where he wasn’t doing so well. “I was standing there with Michael Jordan shortly after Covid. He said to me in the morning: ‘Carsten, today I’m your cheerleader.’ And I just smiled.” Koerl recalled. It is noteworthy that the six-time NBA champion was not only an investor, but was one of Sportradar’s first investors.

It is therefore understandable that Koerl has great respect for His Airness. He made this clear when he presented His Airness with his flowers in the podcast. “I think he is the most ambitious person I know on this planet. Learning from him that I want to win was and is a great exercise for me,” said Körl.

And Michael Jordan has shown similar respect for the founder and CEO of the $3 billion company. In an interview, Mike explained that the reason for his investment was his belief in Koerl’s vision and passion. But there’s no denying that this partnership would not have happened without Ted Leonsis. Now it remains to be seen what answers the 67-year-old has for Alex Rodriguez when he appears with him on the podcast.

Stay tuned for more updates like this. Join us for the exciting second episode of the Dual Threat Show. Our host, BG12, sits down with Georgia Bulldogs star and Mountain West All-Freshman Team selection Asia Avinger.