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Former NBA star Grant Hill is looking to become an owner in a new league. Hill, who currently is a team owner of the Orlando City Soccer Club and the National Women’s Soccer League’s Orlando Pride in Florida alongside his wife, Tamia, has joined an ownership group to purchase MLB’s Baltimore Orioles, ESPN reports. The group is led by billionaires David Rubenstein and Mike Arougheti and also includes baseball Hall of Famer and former Orioles player Cal Ripken Jr., former New York City mayor Michael Bloomberg, former Baltimore, MD, mayor Kurt Schmoke, and entrepreneur Michele Kang. According to a news release, the transaction was approved by majority owners, the Angelos family, as they agreed to sell their controlling stake in the team for $1.73 billion. Club Chairman John Angelos will remain as a senior adviser, per ESPN. NEWS: The Baltimore Orioles are being sold to a group led by billionaire David Rubenstein for $1.725 billion. The investors include Orioles legend Cal Ripken, Jr.,...
NBA legend Shaquille O’Neal left more than $40 million on the table thanks to one encounter with a little old lady. In an interview with the Full Send podcast (via The New York Post ), Shaq was already representing the brand when he had an encounter with a woman while on the court. In his words, the lady “ripped him a new a**hole.” Apparently, the woman was upset at the price of the Shaq-endorsed Reeboks, and decided to take her frustrations out on the player-turned-entrepreneur. “I had $2,000 in my pocket. I said, ‘Lady I don’t make the prices. Here you go, and she smacked the money out of my hand, [and said], ‘Why don’t you motherf–kers make a shoe that’s affordable?’” Shaquille O’Neal, however, didn’t take this as a sign of disrespect. Rather, he said to the podcast, he took this as a teachable moment, and realized he couldn’t keep endorsing Reeboks — even with a $40 million price tag for his endorsement. “I was like, ‘You know what, she’s right.’ So that day, I cut ties with...
Basketball Hall of Famer and current TNT commentator Shaquille O’Neal is diving into the world of advertising with his latest move to invest in and launch his own diversity-led ad agency. According to The Wall Street Journal, founding partner O’Neal — alongside co-founder and chief executive Omid Farhang — will be working with marketers behind the scenes for their Atlanta-based agency called The Majority Agency to focus on serving up talent of diverse backgrounds. News of this agency arrives just as Madison Avenue is battling a history of inequity amid a nationwide social reckoning calling for larger corporations to increase diversity across the board for their ranks and teams. “Most agencies still struggle to meet a 25% diversity target,” Mr. O’Neal shared with WSJ. “We want to flip that diversity ratio to turn the minority into the majority.” Proudly introducing @MajorityAgency , a creative shop in partnership with @SHAQ , built on the thesis that diversity is the ultimate...
Over the past year, the general public has become increasingly aware of Immigration and Customs Enforcement’s (ICE) human rights abuses. From children dying within detention facilities that are akin to concentration camps to Muslim detainees only being given pork to eat — the stories coming out have encouraged increased action. Tech workers, in particular, have begun turning critical eyes on their own companies. Today, Googlers for Human Rights called upon Google to publicly commit to not supporting Customs and Border Patrol (CBP), the Office of Refugee Resettlement (ORR) or ICE until they cease engaging in human rights abuses. That includes not offering infrastructure, funding, or engineering resources, whether directly or indirectly. In a petition on Medium, the organizers wrote: “In working with CBP, ICE, or ORR, Google would be trading its integrity for a bit of profit, and joining a shameful lineage. We have only to look to IBM’s role working with the Nazis during the Holocaust...