His admission in February of 2009 that he used steroids from 2001 to 2003 has tarnished the once sterling professional reputation of New York Yankees player Alex Rodriguez. Once widely seen as one of the best players in professional baseball, the Dominican-American has seen his popularity plummet. This is a shame since at the early age of thirty-three, A-Rod is already being hyped as one of the best all-around players of all time.
A-Rod's waning popularity on the baseball diamond is unfortunately matched by turbulence in his personal life. In July 2007, his wife Cynthia filed for divorce amid rumors that Rodriguez was having an affair with pop singer Madonna. He had earlier also been spotted at a Toronto strip club escorting an exotic dancer.
These personal and professional scandals spell bad news for collectors as prices of Alex Rodriguez baseball cards and other memorabilia are falling. Although his rookie cards continue to fetch high prices, the value of Alex Rodriguez baseball cards are now declining since his phenomenal statistics are now questionable and no longer add value to the cards.
Similarly, signed Alex Rodriguez baseball cards no longer command the same high prices, as parents are unlikely to pay hundreds of dollars for A-Rod collectibles for their kids, while many memorabilia shops will not carry products featuring known steroid users. Further pulling down collectibles' prices is the expectation among sports fans that A-Rod will likely not make it to the Baseball Hall of Fame.
But don't give up on your Alex Rodriguez baseball cards just yet. His recent return to the game after hip surgery was marked by a phenomenal performance that has many predicting he will end the 2009 season with over 50 home runs and 125 RBIs. He may yet redeem himself, and if he does, watch for the value of his collectibles to increase.