A-ROD SEES GREAT POTENTIAL IN SPORTS MEMORABILIA

Former New York Yankees star Alex Rodriguez says there's an opportunity for growth in the red-hot sports memorabilia market as investors look at alternative assets to park their money in. “The collectible business is at an all-time high, but I do think that there's room for growth because people are looking into alternative investments,” like art, cars and watches, Rodriguez said in an interview on

Bloomberg TV. “I think sports cards sit right in the middle of that.” Rodriguez appears poised to back this talk up with action: His special purpose acquisition company, Slam Corp., is considering a deal with collectibles company Panini SpA in a transaction that would value the combined entity at US$3 billion or more. Panini, based in Italy, makes sports cards and other collectibles.