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Andre Iguodala once rejected a $60 million offer to accept a lower deal with the Golden State Warriors. Final Year With The Denver Nuggets In 2013, Iguodala was a member of the Denver Nuggets, posting averages of 13.0 points, 5.3 rebounds, and 5.4 assists in his last season with the team, spanning 80 games, ESPN reports. The Denver Nuggets were interested in keeping Iguodala on the team. However, he was looking to exit his final year of the contract to become a free agent. The Denver Nuggets offered him a $60 million five-year deal, with $52 million guaranteed, to try to keep him on the team, per ESPN. ESPN reports that other teams were vetting for his talents, including the Sacramento Kings, which reportedly offered him a $52 million four-year deal, and the Golden States Warriors, which were looking to put up $48 million for the same timeframe. Rejecting The $60M Offer From The Denver Nuggets Iguodala did not respond promptly enough to the Sacramento Kings, so the team rescinded...
Yet another esteemed, Black figure has become a part of the Denver Broncos ownership group. Lewis Hamilton has recently joined the likes of Mellody Hobson and Condoleezza Rice. Lewis Hamilton has joined the ownership team of the Denver Broncos 🏈 pic.twitter.com/0yZfAho76l — ESPN F1 (@ESPNF1) August 2, 2022
Magic Johnson aims to expand his ownership across the sports world. The former Showtime Laker has reportedly joined the group bidding to acquire the NFL’s Denver Broncos. Never one to shy away from sports (even if it isn’t the game of basketball), Johnson will join forces with Philadelphia 76ers co-owner Josh Harris in an attempt to become owners of the team, per reports from Sportico. The team was officially put on the market by the Bowlen family earlier in the offseason. They served as owners of the Broncos for 38 years. “Selling an NFL team is a complex process involving numerous parties and league approval procedures,” said Broncos president and CEO Joe Ellis in an earlier statement during this offseason. “Nonetheless, the trustees hope to have the sale completed by the start of the 2022 NFL season. The Broncos are a special franchise that is part of the fabric of this region, and whoever emerges as the new owner will certainly understand what the team means to our great fans...
It appears that another Black mogul is gearing up to possibly become the first Black majority owner of a National Football League (NFL) team. In January 2021, AfroTech previously shared that while the Denver Broncos going up for sale in the NFL offseason was initially pending, Robert F. Smith shared his interest in placing a bid on the team. By Feb. 1, the football team officially went up for sale — commencing the bidding war. Since then, a source close with Smith disclosed that the billionaire isn’t planning to make a purchase, according to Denver’s 9 News. “Robert’s priorities right now are on the fight for voting rights and economic justice rather than being…an owner of a team,’’ said the source. “He continues to be most focused on how he can best help underserved communities gain access to capital, healthcare, education, and the ballot box. Pursuing ownership of the Broncos is not on his radar right now.” With Smith reportedly stepping out of the possibility of making history,...
Jay-Z may become an NFL team owner. Bleacher Report reveals that the rapper-turned-billionaire mogul is reportedly in talks of buying the Denver Broncos, which are set to go up for sale in 2022. According to their same report, Hova’s talks include co-owning the team with none other than Amazon founder Jeff Bezos. The outlet speculates that if the deal goes through, it will be similar to a deal like that of another notable public figure. “Jay-Z has a net worth of $1.4 billion, so he would likely be part of a group of investors looking to buy the franchise. His stake would probably be similar to the one undertaken by Alex Rodriguez with the Minnesota Timberwolves, though Jay-Z has a significantly higher net worth than Rodriguez ($400 million),” reported the outlet. This isn’t the first time that the man born Shawn Carter has been rumored to be in the market to purchase sports teams. In the past, when Roc Nation was announced as the NFL’s new “live music entertainment strategist” by...
Robert F. Smith STEAM Academy is ready to take your children to the next level. According to Vibe, the Historically Black College and University (HBCU) prep high school in Denver, CO has just opened its doors, and its inaugural class of freshmen will be treated to a rare twist on the “college prep experience.” Namely, the academy is designed to mimic the HBCU experience, and it’s the first of its kind to do so. View this post on Instagram A post shared by Robert F. Smith STEAM Academy (@robertfsmithsteamacademy) Initially, according to co-founder Samatha Pryor, the plan was to name the school after First Lady Michelle Obama. Ultimately, however, it was decided to name the school after the chemical engineer-turned-investor. Pryor also said that the school was opened up in an area that was in desperate need of those types of resources. “We wanted to create a high-quality option in our neighborhood because a lot of our kids were going outside of our neighborhood, traveling long...
Although it’s been a rough year for Denver’s beloved local chain, Tattered Cover, things are beginning to look up. After the pandemic caused several locations to close temporarily, a massive dent in sales followed. However, this week, owners Len Vlahos and Kristen Gilligan announced the sale of the store to Bended Page LLC in turn making Tattered Covered the largest Black-owned independent bookstore in America. According to NPR, Bended Page LLC is a group of investors led by businessmen Kwame Spearman and David Back. As Denver natives, the new owners have a long history with Tattered Cover. In an interview with the Denver Post, Back reveals that his first job was as a cashier at the company’s Cherry Creek, Colorado location. When the pandemic hit, Back approached Vlahos and Gilligan then pitched the idea to Spearman. “The notion of buying a bookstore in the middle of [a] pandemic was just about the craziest thing I had ever heard,” said Spearman. After Back’s persistence, Spearman...
Uber is slowly aiming to become the one-stop shop for all your transportation needs. Now, customers in Denver can use the app to purchase public transit tickets, TechCrunch reported . For this project, Uber partnered with Masabi — a London based technology company that develops mobile ticketing for public transportation. Masabi currently works with 30 transportation agencies worldwide, including New York City’s MTA, Los Angeles’ Metrolink, and Boston’s MBTA. According to TechCrunch, Uber Head of Transit David Reich said in a statement: ”For the first time ever, taking an Uber trip can mean taking public transit. We are excited to expand our collaboration with RTD and Masabi to make Denver the first city in the world where riders can purchase transit tickets and ride public transit seamlessly through the Uber app. With this step, we are moving closer to making Uber’s platform a one-stop shop for transportation access, from shared rides to buses and bikes.” Back in January , Uber...
Russell Westbrook has launched an AI startup inspired by the loss of a dear friend. Eazewell According to a news release shared with AFROTECH™, the Denver Nuggets guard joins Donnell Beverly Jr., a former NCAA National Champion at the University of Connecticut, and Kemba Walker, an NBA All-Star, as co-founders of Eazewell, an AI-enabled funeral planning platform. Westbrook’s inspiration for the company was the loss of Khelcey Barrs III, his best friend who died at 16. Beverly Jr., who had also been a friend of Barrs as well as experienced the loss of both parents, shared that through these difficult times he gained insight into the challenges families face with funeral planning and accessing resources. Eazewell is now working to close this gap through its platform, which leverages 24/7 autonomous AI agents and offers users personalized funeral home-matching based on quotes, location, and individual needs. The platform also automates paperwork for filing death certificates and...