Feb 21, 2009 6:23 PM EST

Alex Rodriguez claims that he didn't have the money to invest in companies connected with Robert Allen Stanford, who has been accused of fraud.

His Yankees teammates Xavier Nady and Johnny Damon have had their assets frozen.

"What a terrible economy, huh?," Rodriguez, who has already made almost $200 million in salary during his career, said. "Scary."

Rodriguez is in the second year of a 10-year, $275 million deal.

Via New York Times