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Denver Broncos fans are investing into outside linebacker Baron Browning. Browning has been tied to the team since he was drafted to the league in 2021. He was the 105th overall pick in the third round, notes NFL.com. He is signed to a four-year deal worth $4,785,852, which includes a $840,620 signing bonus and $840,620 guaranteed, according to Spotrac. After draft day, Broncos head coach Vic Fangio said , “He’s a good athlete, runs really well, and has versatility. We like his speed and like his athleticism. We think he will be a major contributor on special teams and compete for one of the linebacker spots.” Fans are also placing their faith and dollars into Browning. The 6-foot-3 linebacker has aligned himself with Vestible, an athlete investment platform that allows individuals to purchase shares in an athlete’s career or journey, their website states. This can permit fans to invest according to their own perception of an athlete’s worth and influence on their teams. View this...
History is being made in the 2024-2025 NFL season. Diverse Representation shares on Instagram that the current season, which kicks off Thursday, Sept. 5, 2024, reportedly has the most Black team minority owners in league history. The list is filled with various trailblazers across entertainment, sports, and business, which you can find below. Venus And Serena Williams Kicking things off are trailblazers Venus and Serena Williams, who made history as the first Black women to become minority owners in the NFL. As AFROTECH™ previously told you, they became minority owners in 2009 when the team was reportedly worth $1.02 billion, per Statista. “I am honored to be a partner in the Miami Dolphins franchise and thankful to owner Stephen Ross for allowing Serena and I to be part of Miami Dolphins history,” Venus said at the time, according to People. Serena added, “I am so excited to be part of such a renowned organization. Having spent so much of my childhood in the area, being involved...
Household names in American sports are more commonly associated with athletes from the NBA, NFL, and MLB. However, some athletes outside these organizations have broken past the ubiquitous fandom of American basketball, football, and baseball — one being Formula 1 superstar Lewis Hamilton. The British native’s journey into racing began at the tender age of 8 when he was gifted a used go-kart, coming in at a price point equal to his family’s monthly income, according to Formula 1. Hamilton’s story is a testament to the power of family support, as he participated in local racing events, won championships, and honed his skills with their backing. His dedication to his craft led to him winning his first F1 race, the Canadian Grand Prix, at the age of 22. This win was especially noteworthy as Hamilton was the first Black driver in the sport. In July 2024, the 39-year-old won his 104th race at the British Grand Prix, while already holding the honor of winning the most Grand Prix titles of...
Over the past four decades, Mellody Hobson has shattered glass ceilings. The businesswoman and investor joined Ariel Investments, the first Black-owned mutual fund company, as president for 20 years until she became co-CEO in 2019. Hobson has worked alongside John W. Rogers Jr. — who founded Ariel Investments at age 24 — for a long period. However, according to Fortune, the duo’s workplace camaraderie runs deeper than some may know. In February 2024, Ariel Investments announced the release of “Ariel at 40,” which was produced by Crystal McCrary McGuire Productions. The documentary tells the story of how the firm fought back against numerous challenges and persevered. View this post on Instagram A post shared by Ariel Investments (@arielinvestments) “I don’t come from the world of finance, but from a filmmaking perspective, it was just such an incredible story of perseverance, excellence, and trailblazing,” said McGuire, who described Ariel Investments to the outlet as an...
It is not an understatement to say that auto racing is big business. While in the U.S., IndyCar and NASCAR are the most popular options, there is another that is the biggest in the world — Formula 1 (F1). You’re forgiven if you think that IndyCar is the same as F1 since the cars used in both circuits are very similar. In particular, there’s one F1 driver who’s taken the world by storm, Lewis Hamilton. Hamilton currently drives for Mercedes and has won an impressive seven World Drivers’ Championship titles, and also currently holds the records for several other prestigious positions. While Lewis Hamilton may not be a household name for the average American if they don’t follow F1, he’s quickly built up a reputation and fan base — and is also credited for making the F1 sport as a whole more accessible and appealing to a larger audience. But exactly how much is Lewis Hamilton worth? Lewis Hamilton’s Early Life Lewis Hamilton was born in 1985 in Stevenage, Hertfordshire in the United...
From deep sports fans to those who simply show up for the watch parties, anyone who’s even adjacent to sports has likely heard of Shannon Sharpe. And if for no other reason, it’s for the coveted yelling of his former co-host’s name, “SKIIIIIIIPPPPP.” The energy behind that exclamation indicates his life’s example — full of joy, fever, and passion. Shannon Sharpe served as an NFL tight end for 14 years, and is best known for his work with the Denver Broncos, though he has also played for the Baltimore Ravens. Sharpe is a three-time Super Bowl champion , and serves as the first tight end to ever accumulate over 10,000 receiving yards with the NFL, leaving many to consider the football legend one of the greatest players in the history of the sport. Younger sports fans may know him best for his work in sports media, including his popular podcast venture “Club Shay Shay.” Sharpe has also served as an analyst for CBS and Fox. Today, Shannon Sharpe is said to have a net worth of $14...
History has officially been made in the NFL! On July 7, Sandra Douglass Morgan was hired to be the president of the Las Vegas Raiders — making her the first Black woman president in NFL history.
Do you remember getting new shoes for school, and your mom made you walk across the store to see how they looked on your feet? If you answered “yes,” then many of us had a similar childhood. More interesting than that, however, is a new technology that will allow you to take that fashion stroll from the comfort of your home to determine if the shoe you want is the right choice. Amazon announced that shoppers in the United States and Canada will have access to its new Virtual Try-On feature for shoes, which will be available for iPhone users. The company, founded by Jeff Bezos, already allowed its users to participate in the try-before-you-buy program for Amazon Prime members. If a person was interested in specific pieces of clothing, they could use the program to try it on and send it back if it wasn’t a good fit. Building on this program, the augmented reality (AR) technology will allow buyers to try on shoes they like without ever leaving their homes. “Amazon Fashion’s goal is to...
If you’re waiting for Byron Allen to sell his media empire, you’re going to be waiting a long time. In an interview with CBS Sunday Morning — which is set to air on Feb. 20 — the comedian-turned-mogul told journalist Lee Cowan that he sees his company as a flashpoint for change in corporate America. Allen says that he’s hoping he can correct what he calls the “trade deficit” between white corporate America and Black America. . @RealByronAllen , who is planning to bid for the NFL’s Denver Broncos, talks to @LeeCowanCBS this #CBSSundayMorning about being the owner of a major media company and being a role model for future black business leaders pic.twitter.com/AVMlF26y3l — CBS Sunday Morning 🌞 (@CBSSunday) February 17, 2022 “Do we or do we not have economic inclusion?” he said. “And the answer is no. … We have to correct the greatest trade deficit in America, which is the trade deficit between white corporate America and Black America. There are kids out there who look like me that,...
Your party for the Super Bowl may not be complete without this invention. Ahead of Sunday night’s big game, Captain Morgan teamed up with Super Bowl champion Victor Cruz and engineer and inventor-extraordinaire Matty Benedetto to create the Captain Morgan Super Bowl Punch Bowl. The innovative spin on the bowl that is designed to hold the first-ever Official Spiced Rum Sponsor of the National Football League (NFL) can hold up to four gallons of liquid, making for 32 servings of goodness to celebrate one of America’s favorite pastimes. Courtesy of Captain Morgan “As the first-ever Official Spiced Rum Sponsor of the NFL, we knew we had to do something big – literally and figuratively – to celebrate the most exciting and highly-anticipated sporting event of the year,” said Sam Salameh, Vice President, Captain Morgan. “We’re taking the at-home Super Bowl experience to the next level. The Captain Morgan Super Bowl Punch Bowl does just that in a fun and over-the-top way, combining just the...
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,...
Kevin Garnett is in talks of buying the Timberwolves once again. Fadeaway World reports that the NBA superstar was reportedly approached by baseball legend Alex Rodriguez and Jet.com CEO Marc Lore to purchase fractional ownership into the team. That’s because the duo is reportedly working together to submit a bid to purchase the Minnesota franchise for $100 million. “KG’s ability to connect with players would be a major reason why they want him as part of the organization, while other plans could be carried out if the 2008 NBA champion decided to join A-Rod and Lore,” reports the outlet. Rodriguez and Lore will also reportedly build a statue in honor of Kevin Garnett outside of the Target Center if, indeed, he joins in their bid for the purchase of the team, and the bid turns out to be successful. Kevin Garnett has shown interest in purchasing an NBA team before. In the past, too, he was also part of a bid (that ultimately didn’t succeed) to bring an NBA team to Seattle. And while...
Billionaire Robert F. Smith could be making history in the near future. According to Bleacher Report, the Denver Broncos could be up for sale in the NFL offseason. If indeed, the Broncos go up for sale, Smith has expressed an interest in bidding on the team. The Broncos are reportedly worth $3.75 billion. “If Denver is put up for sale, it will likely be through an auction because it is under the Patrick D. Bowlen Trust,” reports the outlet, who added that the sale of the team would benefit the seven Bowlen children. What’s more, the outlet confirms that as part of the deal with the trust, the beneficiaries of the trust would have to honor the highest bid for the team. “If the team is put up for sale, a legal source familiar with the Broncos’ ownership transition told 9News that it would likely be through auction because the team is under the Patrick D. Bowlen Trust umbrella,” Denver’s 9News reported. “This means the trustees would have a fiduciary responsibility to the trust’s...