Found February 25, 2013 on
New York Sports-Kings:
If any press was good press for Alex Rodriguez, he’d be having one of the best off seasons of any athlete ever.
First he needed another hip surgery that will sideline him for at least half of this season. Then, it was reported that he was linked to a clinic that sold performance enhancing drugs to athletes in the Miami area just one month ago.
Now, the latest rumor is one of the worst. If this story was linked to Tim Tebow, it would make him look like a bad guy.
According to a story from Big Lead Sports, Rodriguez’s charity only donated one percent of its money raised in its first year in 2006. The A-Rod Family Foundation was among the worst examples highlighted by a review done by the Boston Globe:
“A foundation started by New York Yankees third baseman Alex Rodriguez gave only 1 percent of proceeds to charity during its first year of operation in 2006, then stopped submitting mandatory financial reports to the IRS and was stripped of its tax-exempt status. Yet the group’s website still tells visitors the A-Rod Family Foundation is a nonprofit organization.”
In 2005, Rodriguez found himself in hot water after being connected to illegal poker games. In an effort to save his image, his foundation hosted a charity poker game that raised $403,862 dollars.
According to the IRS, that year “the foundation gave $5,000 to Jay-Z’s Shawn Carter Scholarship Fund and $90 to a Little League Baseball club in Miami.”
Talk about cheap; $90 is roughly the amount that A-Rod receives every time he breaths on a baseball field.
On a positive note for New York athletes, Carmelo Anthony was also mentioned in the article from the Globe but for the opposite reason of Rodriguez. It states that The Carmelo Anthony Foundation gave about 87 percent of its profits to education and recreation. From 2008-2010, Anthony donated $2.9 million of his own money to charity.
Maybe this is something we should have expected from A-Rod. Now that the Yankees have been officially deemed “The Evil Empire,” Rodriguez and his charity seem to be the perfect fit.
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The post Report: Alex Rodriguez’s Charity Only Gave Up One Percent of Proceeds to Charitable Causes appeared first on New York Sports Kings.
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