Alex Rodriguez
About Alex Rodriguez
Alex Rodriguez is Chief Executive Officer and a Director of Slam Corp (SLAMF); he is 48 years old and founded A‑Rod Corp in 2003, with investment and operating experience across sports, wellness, media/entertainment, and technology . Slam is a blank check company with no operating history or revenues, so TSR/revenue/EBITDA growth metrics for his tenure are not applicable or disclosed in filings . Education is not disclosed; external affiliations include boards at Boys and Girls Clubs of Miami‑Dade, University of Miami, and The Paley Center for Media .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| A‑Rod Corp | Founder and CEO | 2003–present | Built a portfolio of >30 companies; focus on long‑term growth partnerships in sports, wellness, media/entertainment, technology |
| Newport Property Construction | Founder | 2008 | Real estate development platform established during active MLB career |
| Monument Capital Management | Founder | 2012 | Real estate investment firm; scaled multifamily portfolio across the Southeast U.S. |
| Fox Sports / ESPN | Emmy Award‑winning MLB analyst | Not disclosed | Media expertise and brand reach supporting consumer investments |
| ABC’s Shark Tank; CNBC’s Back in the Game; The Corp podcast | Judge/investor; mentor; co‑host | Not disclosed | Public platform and network enhancing deal flow and operating access |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Boys and Girls Clubs of Miami‑Dade | Director | Not disclosed | Community engagement and youth development network |
| University of Miami | Board of Trustees | Not disclosed | Academic governance and regional network |
| The Paley Center for Media | Board of Trustees | Not disclosed | Media industry governance and network reach |
Fixed Compensation
| Component | 2024 | Notes |
|---|---|---|
| Base Salary | $0 | Filings state none of the executive officers or directors received any cash compensation prior to an initial business combination |
| Target Bonus % | Not disclosed | No bonus programs/payouts prior to a business combination |
| Actual Bonus Paid | $0 | No cash compensation paid |
| Director Fees | $0 | No cash compensation paid to directors prior to a business combination |
| Administrative Fee (Sponsor) | $10,000 per month | Company reimburses sponsor or affiliate for office/administrative services until business combination or liquidation |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| None prior to business combination | N/A | N/A | N/A | N/A | N/A |
- Clawback policy adopted pursuant to Exchange Act Section 10D; administered by the Compensation Committee .
- Insider Trading Policy adopted; filed as an exhibit to the 10‑K .
- Compensation Committee charter authorizes use of independent consultants and oversees CEO/CFO/President compensation and equity plans (post‑combination) .
Equity Ownership & Alignment
Beneficial ownership for Alex Rodriguez (direct holdings):
| Metric | Nov 22, 2024 | Mar 17, 2025 | Jun 5, 2025 |
|---|---|---|---|
| Class B Ordinary Shares (number; % of class) | 0; — | 0; — | 0; — |
| Class A Ordinary Shares (number; % of class) | 0; — | 0; — | 0; — |
| Notes | Does not include any shares indirectly owned via partnership interest in Sponsor | Same note applies; indirect interests via Sponsor not included | “Rule of three” applies at Sponsor; no individual deemed beneficial owner |
Sponsor holdings and voting control (context for alignment and control):
| Metric | Nov 22, 2024 | Mar 17, 2025 | Jun 5, 2025 |
|---|---|---|---|
| Class B Ordinary Shares (number; % of class) | 14,211,000; 98.86% | 1,000; — (converted majority to Class A) | |
| Class A Ordinary Shares (number; % of class) | —; — | 14,210,000; — | |
| Approximate % Voting Control | 60.59% | 88% | 93% |
| Note | Founder shares auto‑convert to Class A at business combination; conversion occurred in connection with Third Extension Meeting |
Additional alignment considerations:
- Filings highlight potential conflicts given certain officers/directors may have membership interests in the Sponsor and indirect interests in Class B shares and private placement warrants .
- No pledging/hedging by Alex Rodriguez is disclosed; no stock ownership guidelines are disclosed for executives/directors .
Employment Terms
| Term | Detail |
|---|---|
| Employment start date / tenure | CEO and Director as of 2025 10‑K; specific start date not disclosed |
| Employment agreement | None disclosed prior to business combination |
| Severance provisions | None; company is not party to agreements providing benefits upon termination |
| Change‑of‑control | Not disclosed; compensation post‑combination to be determined by independent directors/Compensation Committee |
| Auto‑renewal | Not disclosed |
| Non‑compete / Non‑solicit | Not disclosed |
| Garden leave / Post‑termination consulting | Not disclosed; possible arrangements post‑combination may be negotiated and disclosed at that time |
| Clawback | Policy adopted; applies to current/former executive officers; administered by Compensation Committee |
Board Governance
- Role: Director; Alex Rodriguez is not listed as a member of the Audit, Compensation, or Nominating Committees in filings .
- Committees and composition:
- Audit Committee: Independent directors; Alexandre Zyngier designated “audit committee financial expert” .
- Compensation Committee: Reggie Hudlin and Lisa Harrington (independent); Lisa Harrington is Chair .
- Nominating Committee: Reggie Hudlin (Chair) and Julian Nemirovsky (independent) .
- Independence context: Committee members are independent under OTCQX/SEC rules; officers/directors’ Sponsor interests may create conflicts relative to public shareholders .
- Board attendance rate, executive sessions frequency, Lead Independent Director role, years of service: not disclosed .
Director Compensation
| Component | 2024 |
|---|---|
| Annual cash retainer | $0 (no cash compensation prior to business combination) |
| Committee membership/chair fees | $0 (no cash compensation prior to business combination) |
| Meeting fees | $0 (no cash compensation prior to business combination) |
| Equity compensation (annual grants/DSUs) | Not disclosed; founder shares allocations exist for some directors; Alex Rodriguez has no direct founder share holdings |
| Stock ownership guidelines | Not disclosed |
Related Party Transactions and Conflicts
- The company reimburses the Sponsor or an affiliate $10,000 per month for office space and administrative services; audit committee reviews all payments to Sponsor/executives/directors quarterly .
- Executives/directors may be reimbursed for out‑of‑pocket expenses related to target search and due diligence; no other compensation prior to business combination .
- Filings explicitly warn of potential conflicts due to officers/directors’ membership interests in Sponsor and indirect interests in founder shares and private placement warrants .
- December 18, 2024 Third Extension Meeting led to additional time to consummate a business combination; redemptions reduced trust to ~$22.8 million, which can affect transaction dynamics and control concentration .
Performance & Track Record
- Slam is a blank check company with no operating history and no revenues; management’s past performance may not be indicative of future performance for Slam .
- SPAC regulatory environment and “investment company” risk are highlighted; funds in trust held in cash to mitigate Investment Company Act exposure .
- Board and management cite backgrounds intended to make Slam an attractive partner, but acknowledge risks inherent in target diligence and post‑combination write‑offs/impairments .
Compensation Committee Analysis
- Composition: Lisa Harrington (Chair), Reggie Hudlin; both independent .
- Charter mandates oversight of executive compensation, equity plans, clawback administration, and authority to engage independent consultants with independence assessment per OTCQX/SEC rules .
- No compensation committee interlocks with other issuers in the past year .
Equity Ownership & Alignment (Signals)
- Alex Rodriguez has no direct beneficial ownership of Class A or Class B shares as of the dates disclosed; indirect interests via the Sponsor are not included per SEC rules and “rule of three” makes no individual sponsor manager a beneficial owner .
- Sponsor voting control increased to 93% by June 5, 2025, reflecting redemptions and founder share conversions, indicating high control concentration and alignment with Sponsor economics rather than public float .
Employment Terms (Risk Indicators & Red Flags)
- No severance/change‑of‑control protections disclosed pre‑combination; pay decisions post‑combination to be set by independent directors, reducing near‑term misalignment risk but increasing uncertainty .
- EGC status exempts Slam from certain executive compensation disclosures and say‑on‑pay votes, limiting shareholder visibility .
- “Going concern” disclosure and high redemption rates increase execution risk; conflicts due to Sponsor interests persist until a business combination .
Investment Implications
- Pay‑for‑performance alignment: No cash/equity compensation for Alex Rodriguez pre‑combination; alignment is primarily via Sponsor economics and indirect interests, not direct share ownership, which concentrates control but dilutes alignment with public holders .
- Retention and incentive risk: Absence of employment/severance terms pre‑combination implies low retention cost but high uncertainty; post‑combination compensation will be set by independent directors/Compensation Committee, making future incentives a key diligence item for investors .
- Trading signals: Extension proposals, redemption levels, and Sponsor voting control materially affect deal probability and valuation dynamics; monitor 8‑K/proxy activity, trust balance, and committee actions around any announced business combination .
- Governance and conflict risk: Sponsor control and officers/directors’ indirect interests create potential conflicts; independent committees and clawback/insider trading policies partially mitigate but do not eliminate alignment concerns .