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Ice Cube is celebrating wins in different sectors. As AFROTECH™ previously reported, Ice Cube has been investing his time in his BIG3, a 3-on-3 basketball league that has been expanding to Los Angeles, CA; Detroit, MI; Houston, TX; and Miami, FL. Its presence in the aforementioned states follows a reported $10 million sale each in an effort to adopt a city-based model. “We need to plant our roots in cities so we can be more than a rolling all-star game coming through,” Ice Cube previously told Bloomberg. “It’s really about growing the sport and the league.” While he is gaining momentum in the sports world, he is also growing in the entertainment space. According to a news release, his production company Cube Vision has landed an expanded partnership with Paramount Global. The partnership builds on an existing relationship between the parties, who have previously collaborated with the taping of the Big3 basketball league games, which aired on CBS, as well as on other projects. The...
Ice Cube’s BIG3 is rapidly expanding! As AFROTECH™ previously reported, the 3-on-3 basketball league recently sold teams in Los Angeles, CA; Houston, TX; and Miami, FL, in deals reportedly worth $10 million each as they seek to venture away from a touring league to a city-based model, which will go into effect for the 2025 season. “We need to plant our roots in cities so we can be more than a rolling all-star game coming through,” BIG3 CEO and Co-Founder Ice Cube told Bloomberg at the time. “It’s really about growing the sport and the league.” In recent news, Detroit, MI, has been announced as the next city to house a BIG3 franchise thanks to the interest of ownership group GameAbove Sports, which includes Founder and Chairman Keith J. Stone and Detroit pro sports figures George Gervin and T.J. Lang, MLive reports. Former NBA point guard Earl Boykins is working closely with GameAbove Sports as well. “The entire team at GameAbove and I are thrilled to bring a BIG3 franchise to the...
Ice Cube’s Big3 league is heading to Houston, TX, and Miami, FL. With a unique feature that lets fans purchase stakes in the league, the 3-on-3 basketball league remained open to new investors and achieved a $10 million sale of its first team in May 2024, as AFROTECH™ previously reported. The team was sold to a group led by investment firm DCB Sports as part of the Big3’s plan to move from a touring league to a city-based model with the sold team based in Los Angeles, CA. “We need to plant our roots in cities so we can be more than a rolling all-star game coming through,” Ice Cube told Bloomberg at the time. “It’s really about growing the sport and the league.” The Big3 league aims to sell all 12 of its teams and is now one step closer to that goal as it expands to Houston, TX, according to new information released by Bloomberg. Eric Mullins, a former Goldman Sachs executive now leading equity firm Lime Rock Resources, and Milton Carroll, the minority owner of Major League...
Ice Cube is finally putting plans in motion to sell teams included in his Big3 basketball league roster. According to Bloomberg, in a deal worth $10 million, the 3-on-3 basketball league has sold its first team to an outside party. Led by investment firm DCB Sports, a group has acquired the team, with Los Angeles, CA, to serve as its home city. This also launches the league’s transition from a touring league to a city-centric model. All 12 teams on the roster have been put up for sale. “We need to plant our roots in cities so we can be more than a rolling all-star game coming through,” Ice Cube said in an interview with the outlet. “It’s really about growing the sport and the league.” Created in 2017, teams in the Big3, which include the 3 Headed Monsters, Ghost Ballers, and more, have been owned and operated by the league. Per the report, management aims to announce four new ownership groups by the start of its season, which kicks off in June. View this post on Instagram A post...
Former NBA player Nick Young is speaking out about his alleged experiences as a member of Ice Cube’s BIG3 league, VIBE reports. As previously reported by AfroTech, the league officially became certified as the first professional Black-owned sports league. The 3-on-3 league first debuted in 2017, thanks to Ice Cube and entertainment executive Jeff Kwatinetz. Over the years, it has incorporated technology to enhance the experience between both fans and their adored players.
Snoop Dogg has purchased a minority stake in Bivouac, a team a part of Ice Cube’s BIG3 basketball league. According to a press release, Snoop Dogg joined venture capitalist and co-founder of PayPal Ken Howery to buy 25 Fire-Tier editions of Bivouac. While Snoop Dogg can officially celebrate becoming a team owner, he hinted at it in a video clip posted in late April by Ice Cube on Twitter. Snoop is buying 2 teams in the BIG3. Better get in where you fit in and join the BIG3 Ownership Discord. 🏀🏀🏀 pic.twitter.com/RvXABl3XXh — Ice Cube (@icecube) April 23, 2022
A team from Ice Cube’s BIG3 basketball league has been purchased by DeGods DAO for $625,000, according to a press release. As AfroTech previously reported, Ice’s Cube’s basketball ventures in the metaverse allow collectors to become team owners under the conditions they purchase between two NFT collectibles: 25 Fire valued at $25,000 each and 975 Gold valued at $5,000 each. Solana backed platform DeGods has dived right in to build on the BIG3 league’s mission to make fans more involved with their favorite team with plans to make 500 whitelist spots ready for potential holders, Forbes India reports.
All hands on deck! Ice Cube has announced big plans for his basketball league. According to a press release, the rapper turned entrepreneur’s BIG3 basketball league plans to introduce decentralized team ownership backed by Non-Fungible Tokens (NFTs). This means fans from across the world will have a chance to own a stake in the league’s 12 teams. “This is team ownership in the 21st century,” said BIG3 co-founder, Ice Cube, according to a press release. “We’ve created a special bond with our fans since our first game in 2017 and this is the natural next step. We want fans to feel even more invested in their favorite squad, more connected to their favorite player, and provide them with the opportunity to grow with us. While other leagues are flirting with fan ownership, none of them have more meat on the bone than BIG3 team owners.”
Triller is on a mission to add more sports content to its video network platform — starting with rapper Ice Cube and his Big3 basketball league. According to CNBC, Cube inked an agreement for a joint venture with the social media company in which Triller will host his league’s first all-star game, its draft, and also feature 30 hours of live games from its 2021 season. Though specifics around the deal have not been made available, the outlet reports that both Big3 and Triller will share advertising revenue earned from the upcoming events, arena signage, and cross-promote their brands together. “There’s nothing as fun and fast in sports as Big3 basketball, and once you watch one game, you’ll be hooked,” Triller co-owner Ryan Kavanaugh shared in a statement. “We are excited to partner with Ice Cube and the Big3 organization to bring this exciting and growing sport to Triller audiences around the world.” Ice Cube basked in the announcement of his Triller deal tweeting, “Big3 signs deal...
Super Micro Computer’s ( SMCI ) stock dropped nearly 30% on Wednesday, Oct. 30, after the AI server maker’s auditor resigned. Ernst & Young (EY) resigned while auditing Super Micro’s fiscal year ending June 30, 2024, according to Yahoo Finance. The move comes after Hindenburg Research released a brief report in August alleging “accounting manipulation” at Super Micro. “We are resigning due to information that has recently come to our attention, which has led us to no longer be able to rely on management’s and the Audit Committee’s representations and to be unwilling to be associated with the financial statements prepared by management,” EY stated in its resignation letter. The accounting firm added that it can no longer provide audit services in compliance with “applicable laws or professional obligations.” In August, Hindenburg stated that its three-month investigation uncovered “glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export...
Claudette McGowan has raised significant funding to address cybersecurity concerns. Protexxa McGowan founded Protexxa, a Canada-based cybersecurity firm launched in 2021. It uses artificial intelligence (AI) to help companies and individuals resolve cyber issues or attacks faster. Examples of this include detecting exposed passwords, taking down online images, and developing response plans for customers in the event of an attack, a press release mentioned. With human error accounting for 90% of cyber attacks, the company’s solutions focus on improving personal cybersecurity hygiene to reduce business risk, per the press release. “People aren’t prepared for the reality of this risk, plus AI is helping attackers to scale, every device is connected, and there’s a shortage in cybersecurity talent to help reduce these risks,” McGowan told TechCrunch. “Using simple passwords, not using MFA [multi-factor authentication], ignoring privacy settings or over-sharing are all ways humans play a...