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Celebrity-backed investment firm Avenue Capital Group seeks to raise more than $1 billion. According to a press release, Marc Lasry and Sonia Gardner’s Avenue Capital Group established a sports investment fund in October 2023 to provide capital to sports leagues and teams in North America and Europe. The fund intends to extend its reach to Africa, Asia, South America, and Australia. The fund also plans to supply financial solutions to sports teams, owners, and leagues and invest in sports media, entertainment rights, real estate, and associated ventures, per the press release. Notable names supporting the venture include Stephen Curry, Lauren Holiday, Harry Kane, Candace Parker, Michael Strahan, and Lindsey Vonn. “We built out the company advisory board of athletes who are part of our company… Lauren Holiday, Candace Parker, Harry Kane over in Europe, and Steph Curry,” said Strahan during an interview with Forbes at the 2024 Forbes Iconoclast Summit. “It’s interesting ’cause it was...
Jayson Tatum has reportedly landed a historic deal. The Boston Celtics player will now have more than one reason to celebrate. Most recently, the team became the 2024 NBA Champions, outplaying the Dallas Mavericks. This marked the 18th championship title for the Boston Celtics, ESPN reports. Tatum scored 31 points, 11 assists, and eight rebounds for the game-five victory. He joins Stephen Curry, Michael Jordan, James Worthy, and Walt Frazier as the only players to have scored 30 points and 10 assists in a series win for the NBA finals, ESPN notes. “All the sacrifice was worth it. I’m so thankful to have been in the positions that I was growing up,” he said, according to CBS News. “Thankful for my mom. Thankful for my dad introducing me to basketball. My grandmother who helped raise me. All my friends and family that have supported me, every coach, every teammate that I’ve had. There’s a lot of people that have had a hand in the success of Jayson Tatum. So I guess in this moment, I’m...
Stephen Curry can thank his daughter Riley for his choice to do business with Under Armour.
Outside of their extreme athletic abilities, NBA players are also known for their fashion choices. And a select few are fortunate enough to have a signature sneaker line. From Michael Jordan to Stephen Curry, NBA stars have long pushed their name, image, and likeness with a shoe that represents them on and off the court. Chris Webber was allowed a signature sneaker, but his outcome differed from the previously mentioned. Webber is a Detroit, MI, native who entered the league as the 1993 No. 1 draft pick, selected by the Orlando Magic. He was then traded to the Golden State Warriors, according to Rookie Wire. Spending only one season in the Bay Area, Webber would play for several other teams, spending most of his career with the Sacramento Kings. During his 15-season career, he averaged 20.7 points, 9.8 rebounds, and 4.2 assists. His on-court performance led him to become Rookie of the Year and a five-time All-NBA Team member. With consistent playtime and credible contributions on...